Aarkstore.Com - Global Diesel Genset Market Forecast and Opportunities, 2019

Aarkstore Enterprise

4th September 2014

Global Diesel Genset Market Forecast and Opportunities, 2019

Globally, power demand is increasing rapidly, while supply is not growing at the same pace, thus creating huge power deficit in many parts of the world. Consequently, the demand for power generation equipment such as diesel generators continues to increase worldwide. Poor power infrastructure and unreliable grid power supply have been largely responsible for increasing frequency of power outages, which is likely to boost the demand for diesel gensets across the globe. Rising demand for mobile diesel gensets and biofuel based diesel gensets is also expected to benefit the diesel genset market, globally. Based on output power, diesel gensets are broadly classified under low power (below 75kVA), medium power (75.1kVA to 350kVA), high power (350.1kVA to 750kVA) and very high power (750.1kVA to 2,000kVA) categories. Browse complete Report on : http://www.aarkstore.com/energy-power/48521/Global-Diesel-GensetMarket-Forecast-and-Opportunities-2019 According to TechSci Research report, “Global Diesel Genset Market Forecast & Opportunities, 2019”, the global market for diesel gensets is projected to reach USD19.9 billion by 2019. Low power rating diesel genset is the largest revenue generating segment in the global diesel genset market due to high volume usage of these gensets in commercial, manufacturing, power utility, telecom, data center, mining and petrochemical industries. However, the very high power diesel genset segment is expected to witness fastest growth among all other segments during the forecast period. The global market for diesel gensets is largely dominated by Asia-Pacific due to rapid urbanization and industrialization in this region, with China and India emerging as the largest revenue contributing countries in the region’s diesel genset market. During the forecast period, diesel genset market in Middle East & Africa and South America is expected to...