Global Industrial Valve Cover Gasket 2017-2021
Research analysts forecast the global industrial valve cover gasket market to grow at a CAGR of 3.72% during the period 2017-2021.
"About Industrial Valve Cover Gasket
The valve cover gasket set is a complete set of gaskets required to produce a working seal between the valve cover and cylinder head. Diesel generators deploy the use of valve cover gaskets to prevent the leakage of oil from the engines. The leakage of oil in a diesel generator might cause the generator to explode and harm to the nearby equipment and personnel.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial valve cover gasket market for 2017-2021 . To calculate the market size, the report considers the sales, replacement, and services related to industrial valve cover gaskets.
Browse full table of contents and data tables at
The market is divided into the following segments based on geography:
Technavio's report, Global Industrial Valve Cover Gasket Market 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.
Technavio recognizes the following companies as the key players in the global industrial valve cover gasket market: Caterpillar, Cummins, Dana Incorporated, and Mitsubishi Heavy Industries
Other Prominent Vendors in the market are: Nipparts, Daimler Trucks North America, DEUTZ, ISUZU Motors, and John Deere.
Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Diesel power plants. In many parts of the world, there are geographical areas where using diesel generators is the only viable option for providing reliable power to the local population. Alaska is an example where this practice is common, and power companies there use diesel generating plants as a major component of their power generation portfolio. Many of these sites are not hooked into a power grid and must control their own frequency and voltage.”
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According to the report, one of the major drivers for this market is Low cost of diesel as a fuel. Diesel, the fuel used in generators, is low-cost and easily available. Diesel generators are not expensive to operate. The average cost involved after running the diesel gen-sets is lower when compared with the loss that gen-sets compensate for providing the power during emergencies.
Further, the report states that one of the major factors hindering the growth of this market is Natural gas generators market. The alternative fuel generators offer an added value predominantly in remote areas where the supply of diesel or natural gas is inadequate. The alternative fuel extracted from the present waste gas sources and used with a gen-set to produce electricity can significantly decrease the total energy costs of the end user.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Mr. Jeet Jain
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