A diesel generator is a combination of
diesel engine and an electric generator and is used to generate electricity.
The diesel generator has an inbuilt internal diesel combustion engine that can
ignite diesel fuel and the energy generated is transformed into mechanical
energy and to generate electricity. Diesel generators are available in various
sizes and with power ratings. The market is driven by the increasing need of
reliable power supply at lower costs. Also, 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. Therefore diesel generators act as a backup system
for fulfilling their need for reliable power.
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Industry
Highlights
Diesel generators can be used under any
situation where grid power is not available or has been interrupted. Since
emergency facilities such as hospitals, communication services, and emergency
call centers require an uninterrupted power supply for providing seamless
services in critical situations, several operators are increasingly relying on
standby diesel generators as their secondary power source, especially due to
the high frequency of power outages. The constant need for power and the
unstable power supply situation in most developing countries will aid in the growth
of the diesel generators market over the forecast period. Adulterated fuel
quality and reduced maintenance are the restraints for the market.
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The diesel generators market is driven by
the need of reliable alternate power supply at low operating and fuel costs.
Frequent outages cause many emergency, industrial and commercial establishments
to depend on reliable backup systems that is provided by Diesel Generators. The
Asia-Pacific region is the leading market for diesel generators market and it
is closely followed by Middle East and Africa market. The rapid industrial
development in the countries such as India and China where there are issues
with continuous reliable power, is driving the market for diesel
generators. The North America and Europe
market is expected to witness decline due to the restraints in emission from
diesel engines.
Key
Players
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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