Due to the surge in the number of data centers in the U.S., the demand for diesel gensets is expected to rise significantly in the coming years. The data centers require a continuous supply of large quantities of power, which pushes the demand for various power generation equipment such as diesel gensets. In addition to this, the various data centre components such as heating, ventilation, and air-conditioning (HVAC) systems, server rooms, power controls, and security controls are not resistant to frequent power spikes and power cuts, which further boosts the demand for reliable power generated by diesel gensets.
The other factor fuelling growth in the demand for diesel gensets in the U.S. is the rising frequency of power outages in the country in recent years, mainly due to various natural calamities, the overloading of power stations owing to the rising demand for power, and the ageing power infrastructure in the country. These factors are negatively impacting the functioning of critical application areas such as telecom towers, nuclear power plants, hospitals, fire stations, and data centers that require continuous and stable supply of power.
Driven by the above factors, the U.S. diesel genset market is expected to increase its value from $2,069.8 million in 2018 to $3,005.5 million by 2024. The market is also predicted to progress at a CAGR of 6.2% during the forecast period (2019–2024). A diesel genset, or generator set, is an integrated system consisting of an electric generator and a diesel engine, that work together in order to produce electricity.
In the U.S., diesel gensets are widely used in the commercial, residential, and industrial sectors. Out of these, the commercial sector, on account of the rising need for power from retail establishments, construction sites, and offices for both backup and standalone power supply, registered the highest adoption of diesel gensets in 2018. As per the 2018 report of North America Construction Forecast, construction activities in the U.S.’s residential and non-residential sectors increased by 6.0% and 4.0% respectively from 2017 to 2018, thereby further propelling growth in the adoption for diesel gensets in the commercial sector.
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The biggest phenomenon presently being witnessed in the U.S. diesel genset market is the rising popularity of the new Tier 4-compliant diesel gensets in the country. The implementation of the U.S. Environmental Protection Agency’s (EPA) tier 4 exhaust emission standards for non-road engines, on account of the increasing concerns over the soaring greenhouse gas emissions and their carcinogenic nature, have contributed toward the development of various next-generation diesel gensets such as the Tier 4-compliant diesel genset, in the country.
Therefore, it can be concluded that, owing to the surging development of data centers across the country in order to meet the rising data analysis and processing needs and the burgeoning demand for a continuous and reliable power source in a plethora of industries, the demand for diesel gensets will shoot-up in the U.S. in future.
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