Diesel Generators support the industries and hospitals to keep running during the power cut or tougher natural calamity challenges. Frequent outages caused by various natural calamities such as severe weather events can cause trouble to the operations of emergency services, industrial operations, residential homes and commercial establishments. Diesel generators act as a backup system for fulfilling their need for reliable power in such scenarios. Due to which Diesel generators are gaining a lot of traction.
Diesel Generators play an important role in supporting hospitals with the required power supply to keep life support machines and other necessary healthcare tools working during the times of crisis and general healthcare needs alike. When the power is out, healthcare centres almost always use a Diesel generator to make sure that everything remains on and running. The need for Diesel generators in the healthcare is one of absolute importance. Hence they are also called as ‘Lifeblood’.
Diesel Generators are Fuel Efficient and known for customized applications related to industrial power and electrical control equipment for operation of industrial machinery, power generation, and control equipment for the T&D industry. Hence they find a vast area of application and the market of Diesel Generators is ever increasing.
Accrediting the exponential traction the Diesel Generators market is garnering currently demonstrating the growth prospects globally; the Market Research Future has recently published a study report giving out the complete market insights up till 2023. In its analysis the MRFR asserts that the global Diesel Generators market is projected to gain further accruals registering 5% of CAGR during the forecast period 2017-2023.
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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.
The key players of global diesel generator markets are Caterpillar Inc. (U.S.), Cummins Inc.(U.S.), Kohler Co.(U.S), Mitsubishi Heavy Industries, Ltd. (Japan), Kirloskar Group (India), Briggs & Stratton (U.S), Wärtsilä (Finland), AKSA Power Generation (Turkey) and Yanmar Co., Ltd. (Japan).
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Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Diesel Generators Market, By Portability Type
4.2 Stationary Generators
4.3 Portable Generators
5 Global Diesel Generators Market, By Operations Type
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