• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

‘Surging Energy Demand To Push Diesel Generator Market To $23.4bn’

by Chika Izuora
2 years ago
in Business
Surging Energy Demand
Share on WhatsAppShare on FacebookShare on XTelegram

Global diesel generator market may rise to $23.4 billion by 2028 from $16.5 billion in 2022, exhibiting a growth rate of 5.7 per cent during 2023-2028.

Advertisement

According to IMARC Group’s latest report, titled ‘Diesel Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,’ the market is majorly driven by the escalating demand for reliable power supply, particularly in the merging economies. 

This can be attributed to the rising energy consumption levels across the globe, resulting in a higher demand for uninterrupted power supply. 

In line with this, the rising adoption of mobile generators in numerous end-use industries such as construction, mining, and oil and gas is also providing an impetus to the market.

Moreover, the rising need for standby power sources in critical facilities including hospitals and data centers is resulting in a higher product uptake among the masses. 

RELATED

BetKing Promotes Social Impact At NSF

BetKing Promotes Social Impact At NSF

16 minutes ago
Truck Drivers Responsible For Traffic On Port Access Road – TTP

Truckers Commend NPA, Rallies Support For e-Call Up

34 minutes ago

The market is further propelled by continual technological advancements, such as the development of hybrid diesel-electric generators with lower emissions and greater fuel efficiency. 

Some of the other factors contributing to the market include rapid urbanization, rising environmental concerns, inflating disposable income levels and extensive research and development (R&D) activities.

Diesel generator refers to a type of electrical generator that converts mechanical energy into electrical energy by using a diesel engine. 

The diesel generator functions by using a piston to compress air and fuel in a cylinder, and when ignited, creates a controlled explosion that drives the piston and generates mechanical energy which is subsequently converted into electrical energy. 

Diesel generators have a wide range of power outputs, are highly efficient with low fuel consumption, and highly durable. Diesel generators can provide backup power during outages and supporting critical operations. 

Furthermore, they can also supply power to remote/off-grid locations and serve as a primary power source in areas with unstable grids.

IMARC Group is a leading market research company that offers management strategy and market research worldwide. 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


SendShareTweetShare
Previous Post

Leadway Pensure Grants Mortgage Finance To RSA Holder

Next Post

Igbo Group Hails APC For Endorsing Ben Kalu As Deputy Speaker

Chika Izuora

Chika Izuora

You May Like

BetKing Promotes Social Impact At NSF
Business

BetKing Promotes Social Impact At NSF

2025/06/06
Truck Drivers Responsible For Traffic On Port Access Road – TTP
Business

Truckers Commend NPA, Rallies Support For e-Call Up

2025/06/06
Airtel Expands Digital Ecosystem With In-App Shopping Platform
Business

Airtel Expands Digital Ecosystem With In-App Shopping Platform

2025/06/06
NES Demands Stakeholder Collaboration To Curb Plastic Pollution
Business

NES Demands Stakeholder Collaboration To Curb Plastic Pollution

2025/06/06
AFN Board Members Write Minister, Lament Crisis Under Okowa’s Leadership
Business

FG Reaffirms Global Leadership In Entrepreneurship At 2025 GEC

2025/06/06
CSOs Hail Komolafe’s ‘Giant Strides’ As NUPRC Boss
Business

2024 Bid Rounds Violated No Oil Licencing Guidelines – Komolafe

2025/06/06
Leadership Conference advertisement

LATEST

Kaduna BRT Project To Decongest Traffic – State Govt

PANDEF Calls For Positioning Of South-South On Global Stage

Olawepo-Hashim Canvasses Stronger Regulations On Plastic Waste

BetKing Promotes Social Impact At NSF

FCT Command PRO Emerges Best Police Spokesperson

Many Things You Don’t Know About Uncle Sam – A Silent Crusader For Press Freedom

Gov Mohammed Seeks Unity, Peace At Sallah

Not All Mental Health Issues Require Medication – SDF Founder

Gov Inuwa Takes Spotlight With Bill Gates, Dangote At Goalkeepers Summit

Association Seeks Disability-Inclusive Digital Literacy Framework

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.