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Global Diesel Gensets Market is set to expand over 6% by 2025 Application Potential, Price Trend, Competitive Market Share & Forecast, 2019–2025

05-22-2019 01:53 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Global Diesel Gensets Market is set to expand over 6% by 2025

Global Diesel Gensets Market size will surpass USD 20 Billion by 2025, as reported in the latest study by Global Market Insights, Inc.

Inadequate power supply driven by accelerated demand for reliable and continuous power will stimulate the global diesel genets market size. These gensets find applications across healthcare & manufacturing facilities, pharmaceutical industries, transportation & communication systems, data centers, amongst others. Moreover, sizeable investments across the oil & gas, mining, and construction sector will further strengthen the demand for these products.

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The U.S. market is set to exceed USD 3 billion by 2025. The adoption of DG sets is gaining a significant momentum as the climate change increases the frequency and intensity of severe weather in the country. For instance, in September 2017, Hurricane Maria, a Category 4 storm hit hard Puerto Rico, leaving over 1.57 million electricity customers without power. Additionally, increasing digitization and expansion of data centers is further driving the demand for gensets across the country.

The UK diesel generators market will grow on account of increasing construction activities, low diesel prices along with rising infrastructural investments. In addition, growing concentration of data centers will entail the sturdy deployment of these gensets as a source of backup power. Positive outlook toward industrial investments post Brexit coupled with capacity auctions in the country will further accelerate the deployment of diesel gensets. However, the increasing implications for energy security, rising emissions and concerns over fossil fuel consumption have enforced rigorous legislation and policies on these generators over the years.

Introduction of several government aided ventures to support the significant expansion of infrastructure and industrialization will boost the diesel generators market growth. For instance, the ongoing implementation of smart city projects and the rising real estate construction ventures in India have opened substantial market opportunities for generator set manufacturers. Similarly, the enforcement of the China’s 13th Five-year plan has considerably broadened the deployment potential of gensets across numerous industries.

The >750 kVA diesel generators market is set to expand on account of intensifying demand from data centres which necessitate high-power requirements, optimum reliability and quick start-up times. Moreover, increasing investments in the data center business by key technology companies including Apple, IBM, Amazon and Google, to handle intensive data creation, evolving data protection laws, and the ongoing expansion of commercial businesses will further accelerate the product deployment.

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Middle East market is set to witness an appreciable momentum on account of ongoing expansion in the regional infrastructure and growing focus toward economic diversification. Upcoming mega projects, most notably the Dubai World Expo 2020 and Qatar FIFA World Cup 2022 will necessitate the heavy deployment of these gensets to support the robust construction activities. Additionally, countries including Saudi Arabia, UAE and others are rigorously striving toward diversifying their oil-based economy with ventures in other industries will further impact the industry growth.

Global diesel gensets market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units and USD from 2014 to 2025, for the following segments:

Global Diesel Generators Market, By Power Rating
• 750 kVA

Browse Full Report @ https://www.gminsights.com/industry-analysis/diesel-gensets-market

Global Diesel Generators Market, By End Use
• Residential
• Commercial
• Industrial

Research Methodology
The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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