Singapore Diesel Genset Market 2025-2031

Singapore diesel genset market experienced growth in 2024, driven by surging demand from commercial, and construction sectors. The country has emerged as a regional tech powerhouse, hosting global software and service firms and operating data centres with a combined capacity. As these facilities require continuous and secure power, diesel gensets have become essential for both critical backup and temporary power during construction phases. The strong momentum in Singapore’s construction sector, reflected in total demand reaching high in 2024, further fueled genset sales, especially with the development of large-scale projects such as Changi Terminal 5, new MRT lines, and mixed-use commercial towers.

In parallel, the rapid addition of office spaces, amplified genset demand to ensure uninterrupted operations across emerging business hubs. The scale of individual projects, such as the Immigration & Checkpoints Authority Building, highlights the growing reliance on dependable power systems. Moreover, commercial hotspots such as the Central Business District, where developments such as IOI Central Boulevard Towers and Keppel South Central are underway, continue to anchor consistent genset deployment across emerging business hubs.

Singapore Diesel Genset Market overview

The Singapore Diesel Genset Market is projected to grow at a CAGR of 3.6% from 2025-2031F. The growth is supported by a combination of government investment, tech infrastructure expansion, and large-scale real estate development. Under the National AI Strategy 2.0, the government has committed through 2029 to accelerate AI capabilities, creating demand for data centres and AI labs reliant on stable backup power. AWS’s infrastructure investment in Singapore through 2028 is also expected to boost genset demand, particularly during the construction and commissioning stages of new cloud computing facilities.

The office construction pipeline remains strong, reflecting the consistent need for dependable onsite power. The hospitality and retail sectors are also expanding rapidly, with new retail space planned by 2028 and landmark developments such as the waterfront project at Resorts World Sentosa underway. As construction scales up under initiatives such as the Greater Southern Waterfront, the dual need for temporary and post-completion backup power would keep diesel gensets integral to Singapore’s growth. Coupled with the rising competition for premium commercial real estate, the market is expected to witness notable growth in the coming years.

Singapore Diesel Genset Market Segmentation

Market Segmentation by KVA Ratings

375.1-750 kVA segment is expected to retain its dominant share in 2031 and is projected to grow rapidly during 2025-2031, owing to its adaptability for both temporary and continuous power needs in logistics centers and infrastructure expansions. Growth in medium-sized commercial towers and smart city upgrades further fuels the need for gensets in this power band, sustaining its market leadership in revenue terms.

Market Segmentation by End-Users

The commercial segment is expected to retain its dominant share in 2031 and is projected to grow rapidly during 2025-2031, driven by a growing pipeline of retail complexes, hospitality chains, and co-working hubs requiring uninterrupted power. Diesel gensets would continue to be favored for their reliability, long service life, and fast startup time during outages and, therefore, would remain critical for operational continuity in commercial hubs.

Market Segmentation by Region

West region is expected to retain its dominant share in 2031 and is projected to grow rapidly during 2025-2031, owing to its strategic focus on industrial transformation and smart port logistics. The rapid pace of public-private development partnerships and smart logistics infrastructure and integration of energy-efficient systems and transport modernization efforts in areas such as Tuas Mega Port would further accelerate genset adoption.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024
• Base Year: 2024
• Forecast Data until 2031
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Singapore Diesel Genset Market Overview
• Singapore Diesel Genset Market Outlook
• Singapore Diesel Genset Market Forecast
• Historical Data and Forecast of Singapore Diesel Genset Market Revenues and Volumes, by KVA Ratings for the Period 2021-2031F
• Historical Data and Forecast of Singapore Diesel Genset Market Revenues, by End-Users for the Period 2021-2031F
• Historical Data and Forecast of Singapore Diesel Genset Market Revenues, by Region for the Period 2021-2031F
• Porter’s Five Force Analysis
• Singapore Diesel Genset Market Drivers and Restraints
• Singapore Diesel Genset Market Trends and Evolution
• Market Opportunity Assessment, by KVA Ratings
• Market Opportunity Assessment, by End-Users
• Market Opportunity Assessment, by Region
• Singapore Diesel Genset Market Revenue Ranking, by Top 3 Companies
• Market Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
• Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By KVA Ratings

• Below 30 KVA
• 30.1-75 kVA
• 75.1-375 kVA
• 375.1-750 kVA
• 750.1-1000 kVA
• Above 1000 Kva

By End-Users

• Residential
• Commercial
• Industrial
• Transportation and Public Infrastructure

By Region

• North
• Northeast
• Central
• West
• East