Diesel generator Market Research Report- Forecast to 2023
Global Diesel Generator Market by Portability Type, by Operation type, by Power, by End users and by Regions Global Forecast To 2023
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Copyright Š 2018 Market Research Future.
Diesel generator Market Research Report- Forecast to 2023
1 Summary The need for continuous uninterrupted power supply is growing because of the worldwide rise in population and rapid industrialization. Power outages can severely affect productivity and the daily lives of people. This is driving the market for diesel generators, which act as standby power solutions. The diesel generator market in the Asia-Pacific region is expected to grow the fastest during the forecast period. Existing grid infrastructure in the Asia-Pacific region cannot meet the growing demand for power and results in increased power outages, especially in countries such as India, industrialization has contributed to many IT and data centers, telecom industries and also many infrastructure projects, which needs continuous power. Power consumption is rising quickly while underdeveloped electricity transmission and distribution infrastructure cannot ensure continuous power supply. This has created a positive environment for the growth of diesel generator market.
Key Players: The key players of global diesel generator markets are Caterpillar Inc. (U.S.), Cummins Inc.(U.S.), Kohler Co.(U.S), Mitsubishi Heavy Industries, Ltd. (Japan), Kirloskar Group (India), Briggs & Stratton (U.S), Wärtsilä (Finland), AKSA Power Generation (Turkey) and Yanmar Co., Ltd. (Japan).
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Copyright © 2018 Market Research Future.
Diesel generator Market Research Report- Forecast to 2023
2 Market Overview A diesel generator is a combination of diesel engine and an electric generator and is used to generate electricity. The diesel generator has an inbuilt internal diesel combustion engine that can ignite diesel fuel and the energy generated is transformed into mechanical energy and to generate electricity. Diesel generators are available in various sizes and with power ratings. The market is driven by the increasing need of reliable power supply at lower costs. Also, frequent outages caused by various natural calamities such as severe weather events can cause trouble to the operations of emergency services, industrial operations, residential homes and commercial establishments. Therefore diesel generators act as a backup system for fulfilling their need for reliable power.
Intended Audience:
Distributer & Supplier companies End Users Consultants and Investment bankers Government as well as Independent Regulatory Authorities
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Copyright © 2018 Market Research Future.
Diesel generator Market Research Report- Forecast to 2023
3 Drivers: -
Increasing demand for continuous power supply
Rapid industrilization and power requirement for emergency and industrial services
Market Research Analysis Asia-Pacific region is expected to grow at the fastest rate: Rapid industrialization in countries such as China, India, Indonesia and Australia demand continuous power for operations of industrial sector, data centers and emergency services in these countries. Ageing grid infrastructure often hampers the supply for continuous power. Thus diesel generators are indispensable in providing uninterrupted power supply. This is creating a lucrative market for diesel generators in this region. However, the growth in North America and Europe regions is expected to be stagnated because of rising environmental impact of using diesel generators and the necessity to meet global climate change targets.
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Copyright Š 2018 Market Research Future.
Diesel generator Market Research Report- Forecast to 2023
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Copyright Š 2018 Market Research Future.