A diesel genset is a combination of a diesel engine with an electric generator. The diesel genset generates electrical energy. In case the grid fails, it acts as a provider of emergency power-supply and also supports in other complex applications including grid support and peak-lopping.
The rise in the need to improve power supply scenarios in isolated and remote areas of countries is driving the diesel genset market. Nevertheless, the adoption of diesel genset within telecom industries is rising. High utilization of lower rating genset in telecom infrastructure help the telecom companies to take advantage of low cost. This is anticipated to offer significant growth opportunities for the players operating in the diesel genset market.
The "Global Diesel Genset Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the diesel genset market with detailed market segmentation by power rating, application, end user, and geography. The global diesel genset market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Diesel Genset market players and offers key trends and opportunities in the market.
The global diesel genset market is segmented on the basis of power rating, application, and end user. Based on power rating, the diesel genset market is segmented into below 20 kW, 20-220 kW, and above 220kW. On the basis of application, the diesel genset market is segmented into standby backup, peak shaving power, and power prime power. Further, the diesel genset market is segmented on the basis of end user into commercial, residential, and industrial.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global diesel genset market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The diesel genset market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the diesel genset market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the diesel genset in these regions.
The reports cover key developments in the diesel genset market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from diesel genset market are anticipated to lucrative growth opportunities in the future with the rising demand for diesel genset in the global market. Below mentioned is the list of few companies engaged in the diesel genset market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diesel genset market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- Denyo Co., Ltd.
- Generac Power Systems, Inc.
- General Electric Company
- HIMOINSA S.L. (Yanmar Co., Ltd.)
- Ingersoll-Rand Inc.
- Siemens AG
- Wacker Neuson SE
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