Persistence Market Research Blog

Posts tagged ‘Diesel Gensets Market’

Diesel Gensets Market – Global Industry Analysis and Forecast to 2020

Diesel gensets supply electrical power to households and industries during power-cuts and power deficiency to prevent discontinuity in daily activities and business operations. Diesel gensets works on the principle of conversion of kinetic energy into electrical energy. Diesel gensets are made up of an internal combustion engine (IC engine) which is fuelled by diesel and alternators (electrical generation unit). Based on power production capacity or power rating, diesel gensets are broadly classified under four categories, namely low power rating (below 60 kilowatts), medium power rating (60 kilowatts – 300 kilowatts), high power rating (300 kilowatts – 1 megawatt), and very high power rating  (1 megawatt and above).

Asia Pacific was the largest market for diesel gensets in 2013, followed by Europe and North America. North American and European markets are heading towards maturity while the emerging markets in Asia Pacific, Middle East and Latin America have high growth rate. Growth rate in rest of the world (Middle East, South America and Africa) is the highest to increasing power demand owing to infrastructural developments in the countries such as Brazil and South Africa.

Complete report is available at Diesel Gensets Market – Global Industry Analysis and Forecast to 2020


Tag Cloud