Diesel Generator Market Growth Driven by Data Centers at 5.2% CAGR to 2020
PUNE, India, April 19, 2016 /PRNewswire/ --
Increased need for diesel generators in data centers is one of the drivers in global diesel generator market growth as data centers are integral to a network, acting as the pillar for all kinds of network operations. Data centers preserve a centralized hub of information, which belong to individual businesses and firms. The primary objective of data centers is to provide reliable data in an uninterrupted fashion. This requires solutions to save their operations during major power outages or system breakdowns.
Complete report on diesel generator market spread across 87 pages, analyzing 4 major companies and providing 37 data exhibits is now available at http://www.sandlerresearch.org/global-diesel-generator-market-2016-2020.html.
The analysts forecast the global diesel generator market to grow at a CAGR of 5.2% during the period 2016-2020.The global diesel generator market an analyst said digital technology is widely being used in generators that perform as a backup power source for large-scale jobs. However, analog controls still find application in smaller generators. The transition from analog to digital control technology has provided end-users with better and reliable monitoring of the fuel and coolant levels. Apart from this, the digital control systems allow monitoring of battery life, engine oil, and temperature.
Segmentation by Portability and Analysis of the Diesel Generator Market - Stationary and Portable
During 2015, the stationary diesel generator market segment dominated the global diesel market and accounted for nearly 85% of the market share. Stationary generators in the lower capacity range are mostly used in big residential apartments, commercial spaces, and small-scale industries, where the total load is not much and the time duration for which the generator operates is also not very long. Moreover, stationary generators are priced low, fulfill most energy requirements and are reliable, thereby spurring the growth prospects of this segment in the forecast period. Order a copy of Global Diesel Generator Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=53025.
Geographical Segmentation and Analysis of the Diesel Generator Market - Americas, APAC and EMEA
During 2015, APAC dominated the global diesel generator market and accounted for a market share of almost 40% during the forecast period. Factors such as rapid industrialization and increasing per capita electric power consumption in developing countries in APAC such as India, China, South Korea, and Thailand to bolster the growth prospects of the diesel generator market in APAC
The global diesel generator market is characterized by the presence of several well-established international and regional vendors. The market competition is expected to intensify with international players increasing their footprint in the market with more product/service extensions, innovations in technology, strategic alliances, and M&A.
Key players in the global diesel generator market: Caterpillar, Cummins Power Systems, Generac, and Kohler. Other prominent vendors in the market are: APR Energy, Atlas Copco, Broadcrown, Dresser-Rand, FG Wilson, GE Energy, Guangdong Westinpower, Himoinsa, Kirloskar Oil Engines, Mitsubishi Heavy Industries, MQ Power, MTU Onsite Energy, Perkins, Wacker Neuson, Wärtsilä, Wuxi Kipor Power, and Yanmar.
Further, the diesel generator market report states that the nuclear power sector is slowly gaining impetus, and is poised to grow globally during the forecast period.
Another related report is Global Residential Diesel Portable Generator Market 2015-2019: analysts forecast global residential diesel portable market to grow at a CAGR of 8.2% over the period 2014-2019. The report includes the present scenario and the growth prospects of the global residential diesel portable market for the period 2015-2019. The market can be segmented into three divisions on the basis of product range. Browse complete report @ http://www.sandlerresearch.org/global-residential-diesel-portable-generator-market-2015-2019.html.
Key players in the global residential diesel portable generator market: Briggs & Stratton, Cummins, Generac Holdings, Honda Motor and Kohler. Other prominent vendors are: Caterpillar, Eaton, GE, Honeywell International, Perkins and Pramac.
Explore other new reports on Energy & Power Market @ http://www.sandlerresearch.org/market-research/energy-power.
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