Reciprocating engine-based diesel gensets are among the fastest-selling, least expensive distributed generation (DG) technologies in the world and cover many specialized segments that span different power classes, applications, and end-use customers. While natural gas (NG) gensets are capturing increasing market share due to emissions regulations and lower fuel costs, the low capital cost and fast-start capabilities of diesel gensets make them well-suited for backup power, oil & gas, and critical infrastructure applications, among others. Developing countries that are burdened by unreliable power grid infrastructure are expected to continue to be one of the major drivers of diesel genset sales in the short term across all power classes. According to a recent report from Navigant Research, revenues from diesel genset installations are expected to total US$538 billion from 2015-2024.
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