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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>Sample Request @ https://www.marketresearchfuture.com/sample_request/3001<br>
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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.)
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
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. Worldwide Diesel Generator Market – Regional Analysis The Asia-Pacific region is the leading market for diesel generators market and it is closely followed by Middle East and Africa market. The rapid industrial development in the countries such as India and China where there are issues with continuous reliable power, is driving the market for diesel generators. The North America and Europe market is expected to witness decline due to the restraints in emission from diesel engines. www.marketresearchfuture.com
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.). Worldwide Diesel Generator Market – Competitive Analysis The market appears to be highly competitive and fragmented owing to the presence of several large and small key players. The Best-in-class products that support the productions in extreme operating conditions with Fuel Efficiency are the sign of these Diesel Generator Manufacturers’ contribution and the support they are rendering to the community. 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
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