Industry Highlights
The escalated global demand for uninterrupted power
transmission is raising the demand for diesel generator sets. Market reports
related with the energy and power industry have been presented by Market
Research Future which makes reports on other industry verticals that aims to
analyze the current market scenarios better. The market is estimated to attain
a 6.5 % CAGR in the duration of the forecast period.
The unmatched growth in the commercial sector is
necessitating the use of diesel generators to ensure stable operations. The
diesel generator market has gained significant traction due to the amplified
occurrence of natural disasters globally. The mounting critical applications of
diesel generators in power station systems and large-scale data centers are
expected to create profitable avenues for growth in the diesel generator
market.
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'.
Segmental Analysis
The segmental analysis of the diesel generator market
has been carried out the basis of operation, end-user, portability, and power
rating.
Based on portability, the diesel generator market is
divided into portable and stationary.
On the basis of operation, the diesel generator market
is segmented into standby power, peak savings, and continuous power.
On the basis of power rating, the diesel generator
market is segmented into up to 1.0 MW – 5.0 MW, 0.5 MW, 0.5 MW – 1.0 MW, and
above 5.0 MW.
On the basis of end user, the diesel generator market
is segmented into commercial, industrial and residential.
Competitive Dashboard
Generac Holdings Inc. (U.S.), Cummins Inc. (U.S.),
Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (Japan), Wuxi Kipor
Power Co. Ltd. (China), Caterpillar Inc. (U.S.), Wartsila Corporation
(Finland), Kohler Co. (U.S.), Rolls-Royce Power Systems AG (Germany), MAN Diesel
& Turbo SE (Germany), AKSA Power Generation. (Turkey), Aggreko PLC (U.K),
and General Electric Company (U.S.).
Industry Updates:
Feb 2019 Rolls Royce has recently signed a contract to
deliver its MTU diesel generators to supply back-up power to the brand-new
nuclear power station at Hinkley Point C in Somerset. Rolls Royce is using its
extensive in-house ability to provide four generator sets, all instrumentation
and controls, and full systems integration. This contract is placed together
with another for the facility of Hinkley Point C heat exchangers and associated
systems.
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