The global export market for diesel generating sets under 75 kVA is dominated by China, holding a staggering 38.16% share, followed by Italy, Spain, and Japan. While China’s share grew modestly at 1.72%, several countries including the United States and the United Kingdom saw declines in their shares, with drops of -9.22% and -12.82% respectively. Emerging markets such as India demonstrated growth with a 3.47% increase. Finland and Chile also recorded significant upward trends.
Future trends to watch include:
- Continuous expansion from China and India, leveraging strong manufacturing capabilities.
- Potential decline in traditional export powerhouses like the US and UK if current trends continue.
- Possible increases in market share from smaller countries showing rapid year-on-year growth.
- Technology innovations and renewable energy integrations could shift market dynamics.
Top countries in Export of Diesel Generating Sets of an Output less than 75 kVA Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 38.16 | 2023 | +1.5% | +1.72% | View data |
| 2 | 2 Italy | 10.14 | 2023 | +1.9% | +1.24% | View data |
| 3 | 3 Spain | 7.5 | 2023 | +1.37% | +0.9% | View data |
| 4 | 4 Japan | 6.59 | 2023 | -0.13% | -1.27% | View data |
| 5 | 5 United States | 6.17 | 2023 | -8.84% | -9.22% | View data |
| 6 | 6 India | 4.84 | 2023 | +3.11% | +3.47% | View data |
| 7 | 7 Germany | 4.35 | 2023 | +1.62% | -0.12% | View data |
| 8 | 8 United Arab Emirates | 3.87 | 2023 | +2.65% | +0.39% | View data |
| 9 | 9 United Kingdom | 3.25 | 2023 | -14.11% | -12.82% | View data |
| 10 | 10 France | 2.35 | 2023 | -10.53% | -9.15% | View data |