A new market study, titled “Discover Global Stationary Diesel Generator Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Introduction
Global Stationary Diesel Generator Market
The combination of a diesel engine and an electric power generator is called a diesel generator. In residential and commercial applications, a stationary diesel generator is used as a backup when traditional power fails. Unlike portable generators, these are fixed or permanent installations. Depending on the size of the area that needs to be powered, the size of these generators varies. Such generators work with lesser amounts of fuel and diesel is also safer to work with.
The requirement for continuous power supply in manufacturing units and other sectors is the main cause of the growth of the world stationary diesel generator market. Amongst the different types of available generators, the diesel category grabbed about 80% of the market shares in 2017. As population increases, energy demand also rises up. This will only positively impact the market’s growth in the coming years. Unstable power supplies and the high cost of alternative power back up also help with the market’s growth.
The world stationary diesel generator market will grow at a moderate rate, thanks to the constant need for power. This report identifies top market drivers that both positively and negatively affect the market’s growth. Both qualitative and quantitative market analysis is done. Factors like market growth rate, CAGR, market value and industry trends for the coming years are investigated and the report results are published. This report also gives a clear competitor landscape analysis of the key players in the market.
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Key Players of Global Stationary Diesel Generator Market =>
- Caterpillar
- Cummins
- Mitsubishi MGS series
- HIMOINSA
- Kohler
- MTU Onsite Energy
- Kirloskar Electric Company
- YANMAR Co., Ltd
- FG Wilson
- Aggreko PLC
- Broadcrown
- LEROY-SOMER
- SDEC
- Tiger
- Tellhow
- Baifa
Market Segmentation
Based on the speed at which the generator functions, the stationary diesel generator report segregates the market into high speed, medium speed, and low speed generators. Based on the output voltage and frequency, AC generators and DC generators are the two types available. All generators internally are designed to provide alternating current (AC). However, DC generators come with an added mechanism to provide a DC output. Based on the excitation mode, rotating AC and static exciters are the two types discussed. The common areas of application of these generators are mining enterprises, telecom providers, commercial buildings, hospitals, and sewage treatment plants.
Regional Analysis
USA, Europe, China, India, Japan, and Southeast Asia are some of the regions that are a part of the stationary diesel generator market study. Out of these, APAC countries will have the highest growth, thanks to rapid industrialization and increased commercial activities. China, in particular, will be the dominating country when it comes to the consumption of these generators. North America will stay close to the race and will be a very important region that cannot be ignored. Key players in each of these countries are identified and their scope for growth is determined in the report.
Industry News
In India, pollution is at its highest. The National Green Tribunal had banned the use of diesel generators in Delhi, the national capital of the country. In a recent order issued by the tribunal in October 2019, it mentioned that citizens are entitled to breathe fresh air and stayed strong on its ban.
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