Press Release

Philippines Diesel Generator Market to Surge at an Estimated CAGR of 5.4% During 2025-30

The Philippines Diesel Generator Market size was valued at around USD182 Million in 2024 and is projected to reach USD311 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.40% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The Philippines is a country consisting of different islands having a wide-spread coastline of about 36,200 km, making the country more prone to natural calamities such as storms, cyclones, typhoons, and floods, resulting in frequent blackouts in different parts of the country, especially the remote islands near the sea boundary such as Siargao, Bucas Grande, etc. which increases the demand for the diesel gensets. For example, a recent 13-day blackout in the Siargao and Bucas Grande islands was resolved by positioning a four-megawatt modular generator set on the islands.

In addition, the major contributors to the country’s economy are the industry and service sectors, which include the retail trades, finance services, insurance services (approx. 8%), business and professional services (approx. 8%), etc. in which, the overall service sector holds about 62% contribution, as per the PSA (Philippines Statistics Authority), in the fourth quarter of 2024. There is an increasing demand for continuous power supply from these sectors, which ultimately leads to a high demand for diesel generators, as a consistent power supply is not possible without a proper backup system.

Moreover, the demand for diesel generators comes from the rising number of events conducted in the country, as the events have to be successfully and smoothly concluded without any interruption in the power supply. For instance, the coming event called ProPak Philippines, the 5^th International Processing and Packaging Trade event for the Philippines, serves as a platform for the market to access the latest technology in the machines related to Packaging. These kinds of programs need a high and continuous electrical supply. Apart from that, the tourism influx is continuously growing in the country, hence increasing the demand for Diesel Generators. For instance, the total number of arrivals was nearly 6 million international visitors in the country by the end of 2024, further states the research report, “Philippines Diesel Generator Market Analysis, 2025.”

Philippines Diesel Generator Market Segmentation Analysis

Commercial Sector Generates Major Market Demand

Based on the end-users, the market is further bifurcated into Residential, Commercial, Healthcare, Government & Transport, Industrial, Equipment rental companies, Construction, Mining, Oil, and Gas. The commercial segment holds the largest market share of more than 25%. Due to the huge amount of increase in construction work in the Philippines, the demand in the market has increased. For instance, as per the PSA (Philippine Statistics Authority), the total construction value has increased by 6% from 2022 to 2023, with a value of about USD 7.86 billion in 2023, which is expected to grow in the coming years due to the rapid expansion of commercialization.

Apart from that, the residential segment contributes to the growth of the market by having a market share of more than 22%. Power outages in remote islands and the rural areas of the country are common. The unfavorable climatic conditions lead to unexpected blackouts for hours, contributing to the growth of the market.

75.1 to 375 KVA Diesel Generators Serve a Wide Range of End-Users

Based on the KVA rating, the market is further bifurcated into Up to 20 KVA, 20.1 KVA to 75 KVA, 75.1 to 375 KVA, 750.1 KVA to 1,000 KVA, and above 1,000 KVA. The 75.1-375 KVA segment holds the largest market share of about 35%, which is due to the expansion of commercialization, infrastructures, etc. The demand for such high-power range DGs is driven by heavy-duty work, such as construction projects in the country. For example, the Central Luzon Link Expressway (CLLEX) PHAE-II provides safe, more reliable, and comfortable transportation from Manila to different destinations in the Central Luzon area, increasing the demand for DGs for construction.

Another example is the under-construction project of the Air Traffic Services (ATS)-Air Navigation Services (ANS) Project, which aims to increase safety and improve the efficiency of aviation, hence contributing to the potential demand of the market.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Caterpillar Inc., Cummins Inc., Airman Asia Sdn Bhd (AMA), Denyo Co., Ltd., YANMAR Marine International, Kubota Corporation, Mitsubishi Heavy Industries Ltd., Aggreko Ltd., Weichai Philippines Inc., Rolls-Royce Power Systems AG (MTU), Atlas Copco, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the country?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across the country?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?