Press release
Global Diesel Generator Market for Industrial Applications Become Dominant At CAGR Of 4.65% By 2021
Generators are devices that convert mechanical energy into electrical energy. The source of mechanical energy varies; it can be either an internal combustion engine, a hand crank, compressed air, or a reciprocating steam engine. An internal combustion engine uses either diesel, gasoline, propane gas, or natural gas to produce mechanical energy, which is converted into electrical energy with the help of the generator assembly. Generators are designed to provide temporary AC or DC power. They serve as a source of backup or emergency power in residential, commercial, and industrial applications.
Technavios analysts forecast the global diesel generator market for industrial applications to grow at a CAGR of 4.65% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global diesel generator market for industrial applications for 2017-2021. To calculate the market size, the report considers only diesel generators used for power backup.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Diesel Generator Market for Industrial Applications 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Caterpillar
Cummins
Generac
Kohler
Other prominent vendors
APR Energy
Atlas Copco
JCB Broadcrown
Dresser-Rand
FG Wilson
General Electric
GUANGDONG WESTINPOWER
HIMOINSA
Kirloskar Oil Engines
Mitsubishi Heavy Industries
MQ Power
MTU Onsite Energy
Perkins
Wacker Neuson
Wrtsil
Yanmar
Market driver
Increasing instances of power grid failure
For a full, detailed list, view our report
Market challenge
Increasing popularity of gas generators
For a full, detailed list, view our report
Market trend
Generator rental s
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ervices
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
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