Diesel and Gas Generator Market Trends and Transition to Alternative Energies
In October 2021, the diesel and gas generator market outlook reflects growth with key insights on market performance in H1 2021. The market research company specializes in generating sets industry analysis, covering global databases and customized researches. The transition towards decarbonization targets is evident, with alternatives to diesel generators gaining prominence. Explore application examples in data centers and rental generators as they navigate towards carbon-neutral and renewable energy solutions. The market shift hinges on various factors like emissions requirements, technological progress, regional regulations, and competition investments.
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Diesel & gas generator market outlook October 2021 www.powergen-statistics.com 1
Who we are Market research company founded in 2010 and specializing in the generating sets industry Market leading databases: Global Diesel Generator Market Global Gas generator market Customized researches: vertical segments, competition & country analysis Partner of several generating sets associations (EuropGen, AMPS) Market, competition and standards monitoring 2
H1 2021 diesel generator market +29% in H1 2021 +31% +28% +22% +23% +41% 2001+ kVA 7.6-75 KVA 76-375 KVA 751-2000 kVA 376-750 KVA +29% INDIA +35% +48% CHINA +31% +34% USA +34% +24% +3% +22% VIETNAM -30% SAUDI ARABIA -26% +32% SRI LANKA -68% +75% 3
Diesel generator market outlook +6% +14% +18% -12% 4
Generator market transition Decarbonization targets Alternatives to diesel generators have become more and more numerous and viable. However there is no single solution and the market transition will depend on: Emissions requirements MARKET TRANSITION Technological progress Application type & power need Region & ressource availability Political & environmental laws Project types (new / replacemnt) Timing Budget & ROI Supply chain improvements Competition investments 5
2 application examples Whereas the most advanced transition towards alternative energies has started with the home back up power market in the US (from diesel generators to gas generators, and now batteries), two other segments may start a smooth transition : Data centers Rental generators Data Centers: the main hyperscalers announced to have carbon neutral or carbon negative data centers (Google aims at beeing carbon neutral by 2030, Microsoft to be carbon negative by 2030, Amazon to be 100% renewable enrgy by 2030 ). On top of that some countries & cities (eg. Singapore) have put in place stringent rules on DC carbon emissions. Rental generators: the new emissions targets and the trend towards decarbonized energies, lead the construction market towards alternative technologies. On top of that, the growth of electric construction equipments will also drive the power market towards higher needs. 6
Data Centers Most hyperscalers have announced carbon neutral targets by 2030 At present, there is not yet a clear direction on the technology that will be used to achieve these goals, but diesel generators should be replaced by alternative energies. Some trials are done at the moment: Microsoft has started somes tests with fuel cells in some of their DC, Google has made a site test in Belgium with large batteries. Big investments are made in H2, both from tarditional generator companies (Cummins, CAT ) as well as some other big companies (eg. Bosch) Fuel cells No carbon emissions Easy integration with renewables (Green hydrogen) H2 generators Good generators and fuel cells alternative between gas Gas generators Mature technology Switch from primary power supply to back up power Large batteries Easy integration with renewables Hard to meet requirements the DC power 7
Rental industry The new emissions targets and the trend towards decarbonized energy are leading the construction market towards alternative energy sources. In the short term, the Stage V diesel generators remain the most popular machines. But new range of products is appearing, (especially in the <100 kVA range) as the price gap between Stage V diesel generator and alternative energies has been reduced. In addition to this, the growth of electric construction equipments will also lead the power market towards higher needs. Battery packs <20 kVA Hybrid generators Diesel + battery: <100 kVA H2 generators Generator running on hydrogen Fuel suply chain tbd LPG generators Generator with LGP tank Fuel suply chain tbd 8
Thank you www.powergen-statistics.com 9
