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Global Diesel Genset Market || Technological Innovations & Market Insights till 2030

08-18-2020 12:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prophecy Market Insights

Prophecy Market Insights

Prophecy Market Insights

Increasing demand for reliable power supply escorted by growth in the installation of backup supply devices is ready to fuel the product adoption.

The global diesel genset market accounted for US$ 14 billion in 2019 and is estimated to be 16 billion by 2026 and is anticipated to register a CAGR of 6.1%. The report. "Global Diesel Genset Market, By Power Rating (750 kVA), By End-user (Residential, Commercial, and Industrial), By Application (Standby, Peak Shaving, and Prime/Continuous), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2026”.
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https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4321

Analyst View:

Foremost companies in the diesel gensets market are constantly struggling to find the next-generation diesel generators owing to strict regulations. The next-generation generators have in-built automatic voltage regulators and electronic governors. These technologies mechanically control the speed of generator engines as required, thus making the generators more energy-efficient. Furthermore, they add some extra features such as remote monitoring of genset. These developments might provide the sustainability to diesel gensets, thereby promoting the market growth. Governments of various countries are focusing on several targets to achieve significant improvement in the rural electrification rate, surge power outages in the urban areas, and increase longer timeframe needed to set up the distribution and transmission infrastructure are some of the boosting factors for the diesel generator market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Diesel Genset Market”, By Power Rating (750 kVA), By End-user (Residential, Commercial, and Industrial), By Application (Standby, Peak Shaving, and Prime/Continuous), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Key Market Insights from the report:

The global diesel genset market accounted for US$ 14 billion in 2019 and is estimated to be 16 billion by 2026 and is anticipated to register a CAGR of 6.1%. The market report has been segmented on power rating, end-user, application, and region.

By power rating,

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Prophecy Market Insights
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Email: sales@prophecymarketinsights.com“

About us:
Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

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