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What's Driving the Diesel Gensets Market Trends? Prominent Players: Cummins, KOEL, Briggs & Stratton, Kohler Power, Generac, Yamaha Motor, Honda Motor, Powerica, Escorts Group, Sterling Generators, YANMAR, Caterpillar, Atlas Copco, Ashok Leyland, C&S Elec

05-04-2020 02:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

/ PR Agency: DecResearch.com
Diesel Gensets Market

Diesel Gensets Market

The 'Diesel Gensets market' analytical summative by Global Market Insights, Inc. is a thorough study on the latest market trends prevailing in the global business sphere. The size of Diesel Gensets Market was registered at USD 14 billion in the year 2019 and is anticipated to cross USD 21 billion by 2026. Between the period 2020-2026, the Diesel Gensets Market is expected to register a CAGR of 5.9%.

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The report also offers important details pertaining to market share, market size, profit estimations, applications and statistics of this industry. The report further presents a detailed competitive analysis including growth strategies adopted by key players of the industry.

Leading Key Players in Diesel Gensets Market are:
o Cummins
o Kirloskar Oil Engines Limited (KOEL)
o Briggs & Stratton
o Kohler Power Group
o Generac
o Yamaha Motor Pvt Ltd.
o Honda Motor Co. Ltd
o Powerica Ltd.
o Escorts Group
o Sterling Generators Pvt. Ltd
o YANMAR CO. LTD.
o Caterpillar
o Ingersoll-Rand PLC
o Atlas Copco
o Ashok Leyland

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Considering the application segments, the industry can be classified into standby, peak shaving, and prime/continuous. Peak shaving application segment is estimated to witness lucrative growth in the near future. It is defined as the minimization in electrical power consumption by a facility when the serving utility is facing a heavy demand for power. On-site energy at the customer's site can be used to help the utility meet its power requirements using peak shaving.

For instance, at Atlanta's Hartsfield Airport's International Concourse E, eight 1250kVM self-contained diesel gensets were installed in a dial parallel 4160 scheme. These generators can supply 8.8MW of prime power in parallel with the utility for peak shaving. Additionally, these generators can supply emergency power of up to 10MW to all critical loads along with various selected loads in the emergency power mode.

This implementation results in airport savings of more than $1 million per year. Growing focus towards minimizing surging electricity costs will augment diesel gensets market share. Prime/continuous application segment will witness healthy growth throughout the analysis period. Prime diesel gensets are used in applications where the user does not purchase electricity from a local or public utility. On the other hand, continuous diesel genset operation is used in applications where power needs to be supplied at a constant 100% load for countless number of hours every year.

Table of content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates & forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Global diesel gensets market 3600 synopsis, 2015 - 2026
2.1.1 Business trends
2.1.2 Power rating trends
2.1.3 End use trends
2.1.4 Application trends
2.1.5 Regional trends

Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]

About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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