Global Diesel Generator Market for Industrial Applications Become Dominant At CAGR Of 4.65% By 2021

Latest industry research report on: Global Diesel Generator Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

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.

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 services

For a full, detailed list, view our report

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?

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