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Diesel Generator Market Research Report Analysis By Portability, Operation, Power Rating, End-Use | Industry Investment Opportunities, Market Share and Forecast to 2023
Diesel Generator Global Market Leading Key Players:-
The key players of global diesel generator market are Caterpillar Inc. (U.S.), Generac Holdings Inc. (U.S.), Cummins Inc. (U.S.), Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (Japan), Wartsila Corporation (Finland), AKSA Power Generation. (Turkey), Kohler Co. (U.S.), Rolls-Royce Power Systems AG (Germany), Wuxi Kipor Power Co. Ltd. (China), MAN Diesel & Turbo SE (Germany), Aggreko PLC (U.K), and General Electric Company (U.S.).
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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Diesel Generator Market Highlights:-
The global diesel market is driven by the growing need for reliable and interruptible power supply at lower costs. Moreover, frequent power outages caused due to various natural calamities, such as severe weather events, storms, and floods can cause trouble to the operations of emergency services, industrial operations, commercial establishments, and residential homes. Therefore, diesel generators act as a backup system for fulfilling their need for reliable power. However, the rise in renewable energy technologies and high operating & maintenance cost of diesel generator will act as a hindrance for the diesel generator market, globally.
Global Diesel Generator Market – Segments
The Global Diesel Generator Market is segmented in to 5 key dynamics:-
By Portability Type : Comprises Stationary Generator and Portable Generator and other.
By Operation Type : Comprises Standby power, Peak savings, Continuous power and other.
By Power Ratings : Comprises 0-100 kVA, 350 kVA, 350-1000 kVA and above 1000 kVA and other.
By End Users : Comprises Industrial, Commercial and Residential, and other.
By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
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Global 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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