Diesel generators are a reliable and alternative source of voltage power regularly used by residential and commercial spaces. Diesel generators produce electricity by utilizing a diesel engine and alternator. The generator requires diesel fuel to function. The alternator converts the power of the engine (reflected as RPMs) into useful electrical current. The current produced is then scattered to residential, as well as commercial buildings, which are connected to a network. The diesel generators demand is likely to witness a significant growth. The diesel engine manufacturers are heading their eyes towards product development and innovations. Recently, Caterpillar Inc. had expanded their product portfolio by adding the Cat XQ125 mobile diesel generator for rental power solution. Apart from this, NRG Energy and Cummins had also announced their plans to combine on-site generators for commercial and industrial customers.
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Diesel Generators Market- Key Segments
- According to the type, diesel generators are segmented as:
- Low Power Generators
- Medium Power Generators
- High Power Generators
Diesel Generators Market- Key Segments
According to the type, diesel generators are segmented as:
- Low Power Generators
- Medium Power Generators
- High Power Generators
According to the Power Rating, diesel generators are segmented as:
- 0-100 kVA
- 100-300 kVA
- 301-500 kVA
- 501-1000 kVA
- above 1000 kVA
According to the end user, diesel generators are segmented as:
- Commercial
- Residential
- Industrial
- Corporate offices
- Others
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Diesel Generators report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Diesel Generators Market- Key Manufacturers
The major key manufactures for diesel generators in the market are Cummins Inc.; Generac Power Holdings, Inc.; FG Wilson Inc.; Himoinsa S.L.; Mitsubishi Heavy Industries, Ltd.; Caterpillar Inc.; and Atlas Copco AB.
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Diesel Generators – Market- Competitive Analysis
Globally, the diesel generators industry is a fragmented market because of the presence of a considerable number of key market players. The diesel generators market has a more-intense competition. The manufacturers are introducing new products in the market to remain in-sync with the demand. Availability of the products at the distribution channels creates price variations owing to an increase in the competition among the local players. This would make way for the manufacturers to deliver more cost efficient, newer generation and technologically advanced diesel generators during the forecast period.