PowerGen Statistics
POWERGEN STATISTICS
The Data Centers sector is breaking records and growing extremely fast, also in regions that previously did not fully benefit from these investments (Eastern Europe, Southern Europe, Middle East, South East Asia, India).
The generator market grew strongly in early 2021 (>10%), and this growth is not expected to slow down, given the high level of orders till the end of the year. The market growth is boosted by the recovery plans and vaccination campaigns that are accelerating in many countries, as well as low stock levels among distributors. The construction sector has regained a positive trend, and high commodity prices are benefiting producing countries.
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The health crisis has also revealed the importance of health systems and investment in this sector will also increase. Only tourism and event-related sectors are still largely behind today, and do not return to pre-crisis levels. However, this sudden recovery in the market, which began at the end of last year and follows a historic fall in 2020, could be held back by the shortage of components and supply delays. MEDIUM TERM OUTLOOK While the strong growth of the market for diesel generators shows us that they are still the most popular back up power solution, on the other hand, the desire to move towards decarbonised energy is increasingly strong, and several trends are now visible:
