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Diesel Generator Sets Market will register 6% CAGR to cross $20 bn by 2024

GlobeNewswire Friday, 19 July 2019
Some of the diesel generator sets market participants includes Cummins, Wärtsilä, Briggs & Stratton, Kirloskar, SDMO, Himoinsa, Greaves Cotton, Caterpillar, Generac, Ashok Leyland, Atlas Copco and Mitsubishi Heavy Industries amongst others.

Selbyville, Delaware, July 19, 2019 (GLOBE NEWSWIRE) --The U.S. diesel generator sets market demand is expected to reach USD 3 billion by 2025 with severe weather conditions and frequent climate changes in the country necessitates the adoption of these systems. The prime power diesel gensets market is expected to achieve a significant growth impelled by burgeoning industrialization and expanding infrastructure, predominantly across the developing countries.
According to a report by Global Market Insights, the diesel generator sets market size will surpass USD 20 Billion by 2025. Inadequate power supply driven by accelerated demand for reliable and continuous power will stimulate the global diesel genets market size. These gensets find applications across healthcare & manufacturing facilities, pharmaceutical industries, transportation & communication systems, data centers, amongst others. Moreover, sizeable investments across the oil & gas, mining, and construction sector will further strengthen the demand for these products.

*Request for a sample of this research report @ *https://www.gminsights.com/request-sample/detail/3114

Ongoing infrastructural expansion and industrialization complemented by financial aid provided by government will stimulate the diesel generator sets market growth. For instance, growing real estate construction ventures along with introduction of various smart city projects have initiated substantial market opportunities for the genset manufacturers. In addition, 13th five year plan of China has strengthened the deployment potential of these systems across various industries.

Introduction of several government aided ventures to support the significant expansion of infrastructure and industrialization will boost the diesel generators market growth. For instance, the ongoing implementation of smart city projects and the rising real estate construction ventures in India have opened substantial market opportunities for generator set manufacturers. Similarly, the enforcement of the China’s 13th Five-year plan has considerably broadened the deployment potential of gensets across numerous industries.

Browse key industry insights spread across 327 pages with 612 market data tables & 28 figures & charts from the report, *“Global Diesel Gensets Market Share & Forecast, 2019–2025”* in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/diesel-gensets-market

The >750 kVA diesel generators market is set to expand on account of intensifying demand from data centres which necessitate high-power requirements, optimum reliability and quick start-up times. Moreover, increasing investments in the data center business by key technology companies including Apple, IBM, Amazon and Google, to handle intensive data creation, evolving data protection laws, and the ongoing expansion of commercial businesses will further accelerate the product deployment.

Growing infrastructural investments, low diesel prices along with increasing construction activities will stimulate the UK diesel generator sets market growth. Increasing industrial investment post Brexit along with capacity auctions across the nation will stimulate the product adoption. Moreover, increasing concentration of data centers will propel sturdy deployment of these systems as a source of backup power. However, rising concerns over fossil fuel consumption & rising emissions along with increasing implications for energy security have imposed rigorous policies and legislation on gensets over the years.

Eminent diesel generator sets market participants include Cummins, Wärtsilä, Briggs & Stratton, Kirloskar, SDMO, Himoinsa, Greaves Cotton, Caterpillar, Generac, Ashok Leyland, Atlas Copco and Mitsubishi Heavy Industries amongst others.

*Make an inquiry for purchasing this report @* https://www.gminsights.com/inquiry-before-buying/3114

*Browse Related Reports:*

*1. Global Marine Gensets Market *Size By Fuel (MDO, MGO, LNG, Hybrid) Power Rating (20,000 kW), By Application (Commercial {Container Vessels, Tankers, Bulk Carriers, RO-RO}, Offshore {AHTS, PSV, FSV, MPSV}, Recreational {Cruise-Ships, Ferries, Yachts}, Navy), Industry Analysis Report, Regional Analysis (U.S., Canada, Germany, UK, Italy, Norway, France, Russia, Denmark, Netherlands, China, Japan, India, South Korea, Australia, Vietnam, Singapore, Saudi Arabia, UAE, Iran, Angola, Egypt, South Africa, Brazil, Argentina, Mexico), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019– 2025

https://www.gminsights.com/industry-analysis/global-marine-gensets-market

*2. Global Home Standby Gensets Market *Size By Product (Air Cooled, Liquid Cooled), By Power Rating (100 kVA), By Fuel (Gas, Diesel, Others), By Phase (Single Phase, Three Phase), Industry Analysis Report, Regional Analysis (U.S., Canada, Russia, UK, Germany, France, Spain, Austria, Italy, China, India, Australia, Japan, South Korea, Indonesia, Thailand, Philippines, Malaysia, Vietnam, Saudi Arabia, UAE, Qatar, Turkey, Iran, Oman, Egypt, Nigeria, Algeria, South Africa, Angola, Kenya, Mozambique, Mexico, Chile, Argentina, Brazil), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019– 2025

https://www.gminsights.com/industry-analysis/home-standby-gensets-market

*About Global Market Insights*

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

CONTACT: Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com
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