Global market explosion: The estimated global diesel generator market size for 2026 is 32.32 billion US dollars, a year-on-year increase of 7.6%; The annual demand is about 18000-19000 units, with a supply of only 14000-15000 units, resulting in a shortage of 4000-5000 units.

Core demand for data centers: Domestic demand for 5600-6000 diesel generators in data centers by 2025, with a significant gap; Foreign brands (Cummins, MTU, Caterpillar) have orders scheduled until 2026-2027, with delivery cycles exceeding 18 months and unit prices exceeding 3 million yuan.

Acceleration of domestic substitution: Domestic manufacturers such as Weichai and Yuchai have increased their domestic substitution rate from less than 20% in 2024 to over 30% due to their price and delivery advantages, but it is still difficult to meet demand.

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