Diesel Generator Market Comprehensive Research Study, Share,Size| Global Top Key Player: Caterpillar Inc. , Cummins Inc., Kohler Co., Mitsubishi Heavy Industries, Ltd.|Forecast 2018 – 2023.

This research report on the Global Diesel Generator Market is an all-encompassing study of the industry sectors, up-to-date outlines, industry development, drivers, and restraints. It provides market projections for the coming years. It contains an analysis of late augmentations in innovation, Porter’s five forces analysis and progressive profiles of hand-picked industry competitors. The report furthermore articulates an analysis of trivial and full-scale factors indicated for the new and tenured candidates in the market along with a methodical value chain exploration.

Market Highlights

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.

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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).

Worldwide Diesel Generator Market – Competitive Analysis

The market appears to be highly competitive and fragmented owing to the presence of several large and small key players. The Best-in-class products that support the productions in extreme operating conditions with Fuel Efficiency are the sign of these Diesel Generator Manufacturers’ contribution and the support they are rendering to the community.

Industry/ Innovation/ Related News
December 26, 2017 – The Cummins Group, one of the world’s largest manufacturers of engines and Diesel Generators, said that the company is in talks to acquire a controlling stake in Kirloskar Oil Engines Ltd in a deal valued at over $500 million through one of its Indian subsidiaries, two people aware of talks between the companies said. The acquisition, if materializes, will be the second such between the companies since 2013 when Cummins India acquired majority stake in Kirloskar Cummins

December 21, 2017 – Mahindra Powerol (India) a unit of the Mahindra Group, declared its plan to launch high power diesel generator sets in 500 kVA and above category in the next two years. The company also mentioned that it is in talks with a number of global and domestic players for a technology tie-up. The company is also looking to increase exports revenue of its generator business to 25 per cent in the next financial year from the existing around 16 per cent.

December 18, 2017 – Mahindra Powerol launched a new range of diesel generators in Kolkata. They are offering these generators in 250kVA and 320kVA variants. These DGs have been equipped with Mahindra's mPower engine for lesser emission, according to a company statement.

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Market Research Analysis

Worldwide Diesel Generator Market – Regional Analysis

The Asia-Pacific region is the leading market for diesel generators market and it is closely followed by Middle East and Africa market. The rapid industrial development in the countries such as India and China where there are issues with continuous reliable power, is driving the market for diesel generators. The North America and Europe market is expected to witness decline due to the restraints in emission from diesel engines.

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