Diesel Generators Market worth 16.96 Billion USD by 2020

Diesel generators are widely used across different industries such as utilities, oil & gas, marine, mining, healthcare, and telecom among others. They provide continuous power supply during power outages as well as at locations where grid infrastructure is not available.

The report “Diesel Generators Market by Application (Standby Power, Peak Shaving, Prime or Continuous Power), by Power Rating (0-100 kVA, 100-350 kVA, 350-1000 kVA, above 1000 kVA), by End-User (Industrial, Commercial, Residential) & by Region – Global Forecast to 2020”, defines and segments the global diesel generators market with analysis and forecast of the market size.

Browse 75 market data tables and 49 figures spread through 141 pages and in-depth TOC on “Diesel Generators Market – Global Forecast to 2020”

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=163671714

The diesel generators market is expected to grow from an estimated USD 13.06 Billion in 2015 to USD 16.96 Billion by 2020, at a CAGR of 5.4% from 2015 to 2020. Growing need for continuous power supply and increasing power outages are driving the diesel generators market worldwide.

Standby application growing at the highest rate in the diesel generators market

The market has been segmented on the basis of application power rating, end-user, and region. The market based on application has been subsegmented into standby, peak shaving, and prime or continuous power. The standby application held the largest market share in 2014. Rapidly growing demand for continuous and reliable power across industries and the commercial sector is the primary growth driver of this segment.

Industrial sector to drive the diesel generators market

The report also segments the diesel generators market on the basis of end-user, which includes industrial (power generation/utilities, oil & gas, and others), commercial (IT & telecom, healthcare, and others), and residential. The industrial segment is one of largest users of diesel generators and occupies more than 50% of the total market share in the end-user segment of the diesel generators market. This market is expected to grow at the highest CAGR during the forecast period, owing to chronic power outages and rapid growth of industries, infrastructure, and IT & telecommunication industry across the world.

Asia-Pacific is estimated to be the global leader in the diesel generator market

In this report, the diesel generators market has been analyzed with respect to five regions, namely, North America, South America, Europe, Asia-Pacific, and the Middle East & Africa. Rising demand for power unmet by existing grid infrastructure in Asia-Pacific results in frequent power outages. As a result, growing industrialization and frequent power outages are driving the demand for diesel generators in this region. The diesel generators market in India is expected to grow at the highest CAGR, owing to growing IT, datacenter, telecom, and ongoing infrastructure development programs in the country.

To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the diesel generators market. These players include Caterpillar (U.S.), Cummins (U.S.), Kohler Co. (U.S.), and Generac Holding (U.S.) among others. Dominant players are trying to penetrate the developing economies and adopting various methods to grab the market share.

The scope accordingly aids market participants to identify high growth markets and help in managing key investment decisions. For this report, major players in the diesel generators market have been identified using various primary and secondary sources, which include annual reports of top market players, interviews with key opinion leaders such as CEOs, directors, and marketing personnel. Based on this research, the market shares have been evaluated and validated.

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=163671714

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan

MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Email: sales@marketsandmarkets.com
Website: www.marketsandmarkets.com

Media Contact
Company Name: MarketsandMarkets
Contact Person: Rohan
Email: news-letter@marketsandmarkets.com, sales@marketsandmarkets.com
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: WA
Country: United States
Website: http://www.marketsandmarkets.com/Market-Reports/it-in-real-estate-market-102606347.html