This rising occurrences of power blackouts worldwide owing to natural disasters is one of the chief drivers of the global remote renewable management systems market. MarketResearchReports.biz has added a report, titled “Global Diesel Generator Market for Industrial Applications 2017-2021,” which covers the various factors supporting the global diesel generator market between 2017 and 2021. The report is intended to help stakeholders gain a holistic overview of the market. It includes recommendations for the market players to perform well and make decisions that would accelerate their pace of gains during the report’s forecast period.
The report covers various growth drivers and restrains influencing the market dynamics. It also highlights potential opportunities to help the market players plan their future course of action accordingly. Information thus included is substantiated using relevant graphs, infographs, and statistics. Crucial data is also obtained from the financial reports of some of the leading companies. Besides this, the report includes insights from some of the industry experts.
Faults in electric networks and repeated power outages have fuelled the demand for supplementary power sources. Considering the need of power backups especially in emergency facilities such as communication services, emergency call centers, and hospitals, an increasing number of institutions are looking for uninterrupted power supply, which will provide them with seamless services during power cuts and critical situations. Furthermore, several an increasing number of consumers are relying on standby generators as their secondary source of power owing to power outages of high frequency.
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Furthermore, it is imperative for industries to get uninterrupted power supply for hindrance-free operations. It is important to note that, such disruptions can hamper the overall output and revenue of the industry significantly. The rising demand for power and the prevalence of unreliable power supply in most developing and underdeveloped nations will aid the market’s expansion as well.
In terms of portability, the global diesel generator market can be bifurcated into portable and stationary. Of these, holding majority of the market, the stationary segment emerged dominant in 2015. Stationary generators with lower capacity range are mostly installed in the residential sector, small-scale industries, and commercial spaces where the generator can operate for lesser time as the total load is not much high.
Regionally, the global diesel generator market can be segmented into the Americas, EMEA, and APAC. Among these regions, the market has been witnessing lucrative prospects in APAC. The rising per capita income of consumers, coupled with increasing power consumption, and rapid industrialization witnessed in nations such as India, South Korea, China, and Thailand are projected to enable the market establish a strong foothold in Asia Pacific.
Besides identifying the key segments within the global diesel generator market, the report also profiles some of the leading players operating therein. Some of the companies profiled in the report are Cummins, Kohler, Caterpillar, Generac, Broadcrown, APR Energy, Dresser-Rand, GE Energy, and Atlas Copco.