2014 diesel generator industry analysis and

diesel generator market size

However, the segment may lose its share to the residential and industrial sectors on account of rapid urbanization across various emerging regions. This factor is projected to boost the commercial segment in near future.

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Regional Insights Asia Pacific is considered as the largest regional market. Diesel engines used nowadays are more reliable and have low-cost maintenance as compared to the gas generators.

2014 diesel generator industry analysis and

Increase in need of power backup facility, growth in demand for low-cost and diesel-fueled generators, increase in preference for natural gas-fueled generators, and rise in awareness of portable generators drive the market.

The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Diesel Generators market report.

As a source of emergency, these gensets are commonly used in various applications, however, they are facing increasing competition from natural gas generators in certain markets. While budget, green credentials and other factors contribute to the choice of generator, the primary objective is that it provides power when needed, and none offer the reliability of diesel generators.

How many diesel generators are there in the world

Read more of our analysis and projections on the future of diesel generators. The industrial segment accounted for the largest market share in , and is expected to dominate the market during the forecast period. End-use Insights Commercial segment accounted for As more information moves to networked servers, these hubs of information need to be kept on at all times, even in times of power outages. Hospitality, which includes hotels and resorts, is another major contributor toward the growth of commercial segment of diesel gensets market. High-power gensets are anticipated to witness the fastest growth during the forecast period. Current and future trends adopted by key players are highlighted to determine overall competitiveness of the global portable generators industry.
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Diesel Gensets Market & Industry Growth Update