This research report offers detailed industry analysis of the stationary generator market in China and segmentation with respect to fuel type (stationary diesel generators and stationary gas generators) and by output power capacity (less than 300 kW, 301 kW to 1 MW, and greater than 1 MW). The top vendors listed in this report include Briggs & Stratton, Caterpillar, Cummins, Generac, and Kohler.
Technavio’s market research analysts estimate the stationary generator market in China to grow at a CAGR of around 6% between 2015 and 2019. Increased urbanization ad industrialization in China has led to shortage of power and energy in the country. This has augmented the demand for power generators to ensure continuous supply of electric power.
The new market research report from Technavio provides a breakdown and analysis of the stationary generators segments by technology.
“To reduce the total cost of ownership, various industries have shifted towards renting generator services rather than purchasing them. The market has witnessed huge revenue generation due to the rental services adopted by the oil and gas, construction, and mining industries. Unavailability of continuous power supply from the electric utilities has triggered various end-users to go for stationary generators as reliable power backup and their high output power capacity,” says Navin Rajendra, Lead Analyst, Heavy Industry, Technavio Research.
The stationary diesel generator accounts for the largest market share, covering around 80% of the overall market. These generators are extensively used in the industrial and commercial sectors in China. Owing to its easy availability and increased engine efficiency, diesel is the most preferred type of fuel for generators, especially in the industrial sector.
The leading vendors in the stationary generator market in China include Briggs & Stratton, Caterpillar, Cummins, Generac, and Kohler. Large and international vendors dominate the stationary generator market in China. However, many national and regional vendors such as Foshan Oripo Power Engineering, Walt Global Power Equipment, Anhui EvoTec Power Generation, Shenzhen Genor Power Equipment are emerging in the Chinese stationary generator market with low-cost options.
A more detailed analysis is available in the Technavio report, Stationary Generator Market in China 2015-2019.
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