TechNavio recognizes the following companies as the key players in the Diesel and Gas Generator Market in the US: Caterpillar Inc., Cummins Inc., GE Co., and Generac Holdings Inc.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The Diesel and Gas Generators market vendors are developing next-generation generators. Vendors are trying to differentiate their products by developing advanced generators to create a competitive edge for themselves in the market. For instance, a few vendors are developing generators with comprehensive control and monitoring systems, which can improve the overall efficiency of the generators. In addition, vendors are trying to offer user-friendly generators where end-users need not have any technical knowledge to operate the generators.”
According to the report, one of the major drivers in the market is the increasing energy deficit in the US. The gap between demand for and supply of energy is widening, giving rise to the need for power generators in the US. Many residential users, industrial users, and commercial users depend on generators for uninterrupted power supply. In particular, the market is experiencing huge demand for low power range generators in the US.
Further, the report states that one of the major challenges in the market is the increasing threat from alternative energy production. Solar energy, wind energy, thermal energy, and other forms of renewable energy are becoming increasingly popular among industries for power production in the country.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Kohler Co. (Kohler Power Systems), ABB Ltd., Siemens AG, and Mitsubishi
Heavy Industries Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/diesel-and-gas-generator-market-us-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report “ Diesel and Gas Generator Market in the US 2012-2016
