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Diesel Generator Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023

The global diesel generator market is considered to demonstrate 6.5% CAGR during the forecast period (2017-2023) owing to the increasing need for interruptible power supply at low cost, asserts Market Research Future (MRFR). A diesel generator is referred to as a combination of an electric generator and a diesel engine used to generate electricity. The diesel generator comprises an integrated internal diesel combustion engine which ignites the diesel fuel. The energy produced is further converted into mechanical energy in order to generate electricity. Diesel generators are available in several sizes, power ratings, and have wide-scale operation across major end-use sectors. Diesel generators play an important role in supporting the hospitals and industries to keep running during power cut.<br><br>Sample Request @ https://www.marketresearchfuture.com/sample_request/3001<br>

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Diesel Generator Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023

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  1. Diesel Generator Market Research Report- Forecast 2023

  2. Diesel Generator Market Research Report- Forecast 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  3. Diesel Generator Market - 2023 Global Diesel Generator Market Research Report By Portability (Stationary, Portable), Operation (Standby Power, Peak Savings, Continuous Power), Power Rating (Up to 0.5 MW, 0.5 MW - 1.0 MW, 1.0 MW - 5.0 MW, Above 5.0 MW), End-Use, - Forecast till 2023 Market Scenario A combination of diesel engine and an electric generator used to generate electricity is termed as a diesel generator. The diesel generator has an integrated internal diesel combustion engine that ignites diesel fuel and the energy produced is converted into mechanical energy to generate electricity. Diesel generators are available in various power ratings, sizes, and have wide-scale operation across all major end-use sectors. The global diesel market is driven by the growing need for reliable and interruptible power supply at lower costs. Moreover, frequent power outages caused due to various natural calamities, such as severe weather events, storms, and floods can cause trouble to the operations of emergency services, industrial operations, commercial establishments, and residential homes. Therefore, diesel generators act as a backup system for fulfilling their need for reliable power. However, the rise in renewable energy technologies and high operating & maintenance cost of diesel generator will act as a hindrance for the diesel generator market, globally. www.marketresearchfuture.com

  4. Diesel Generator Market - 2023 Global Diesel Generator Market – Segments The Global Diesel Generator Market is segmented in to 5 key dynamics:- By Portability Type: Comprises Stationary Generator and Portable Generator and other. By Operation Type: Comprises Standby power, Peak savings, Continuous power and other. By Power Ratings: Comprises 0-100 kVA, 350 kVA, 350-1000 kVA and above 1000 kVA and other. By End Users: Comprises Industrial, Commercial and Residential, and other. By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World. Industry/ Innovation/ Related News December 26, 2017 – The Cummins Group, one of the world’s largest manufacturers of engines and Diesel Generators, said that the company is in talks to acquire a controlling stake in Kirloskar Oil Engines Ltd in a deal valued at over $500 million through one of its Indian subsidiaries, two people aware of talks between the companies said. The acquisition, if materializes, will be the second such between the companies since 2013 when Cummins India acquired majority stake in Kirloskar Cummins December 21, 2017 – Mahindra Powerol (India) a unit of the Mahindra Group, declared its plan to launch high power diesel generator sets in 500 kVA and above category in the next two years. The company also mentioned that it is in talks with a number of global and domestic players for a technology tie-up. The company is also looking to increase exports revenue of its generator business to 25 per cent in the next financial year from the existing around 16 per cent.  December 18, 2017 – Mahindra Powerol launched a new range of diesel generators in Kolkata. They are offering these generators in 250kVA and 320kVA variants. These DGs have been equipped with Mahindra's mPower engine for lesser emission, according to a company statement. www.marketresearchfuture.com

  5. Diesel Generator Market - 2023 Key Players The key players of global diesel generator market are Caterpillar Inc. (U.S.), Generac Holdings Inc. (U.S.), Cummins Inc. (U.S.), Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (Japan), Wartsila Corporation (Finland), AKSA Power Generation. (Turkey), Kohler Co. (U.S.), Rolls-Royce Power Systems AG (Germany), Wuxi Kipor Power Co. Ltd. (China), MAN Diesel & Turbo SE (Germany), Aggreko PLC (U.K), and General Electric Company (U.S.). Global Diesel Generator Market The global diesel generator market is expected to witness a phenomenal growth during the forecast period. This is due to the considerable growth in the utilization of diesel generators across all end-use sectors at an extensive level in various regions. The growth is primarily attributed to the surge in power outages & failure and growing demand for interminable & dependable power supply in various countries, which is likely to continue during the forecast years. The Asia Pacific region accounted for the largest share of the diesel generator market in 2016, whereas China, Japan, India, and other prominent Southeast Asian countries contributed largely towards the market growth. However, Africa and South America are likely to emerge as one of the prominent markets for diesel generator due to growing power needs. The economic development and large-scale industrialization in the North America and Europe regions have created a huge demand for power backup devices, resulting in growing demand for diesel generator across the regions. www.marketresearchfuture.com

  6. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

  7. MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com

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