This industry research report presents a far-reaching analysis and segmentation of the global stationary diesel generator market by product range (less than 60 kW, 61 to 1,000 kW, and above 1,000 kW) and geography (APAC, EMEA, and the Americas). The report discusses the vendor landscape and corresponding detailed information about the key leading vendors, which include Briggs & Stratton, Caterpillar, Cummins, Generac, and Kohler.
Technavio’s market research analysts estimate the global stationary diesel generator market to grow at a CAGR of 5% between 2015 and 2019. Rapid urbanization and industrialization has augmented the demand for power generators. To ensure continuous supply of electric power, various industries are increasingly adopting stationary generators. Currently, the APAC dominates the global market for stationary diesel generators, accounting for around 36% of the total market share. However, EMEA is expected to witness fastest growth following the huge investments taking place in the construction and industrial segment in the gulf countries such as Dubai, Qatar, and Saudi Arabia.
The new market research report from Technavio provides a breakdown and analysis of the stationary diesel generators segments by technology.
“Manufacturers are incorporating advanced technologies in generators such as comprehensive control and monitoring systems, to enhance the overall efficiency of generators. These technologies automate the speed the generator engines, thereby improving system performance and energy efficiency. Moreover, next-generation generators are gaining prominence in the market due to their built-in electronic governors and automatic voltage regulators. These smart generators enable their monitoring through internet,” says Navin Rajendra, Lead Analyst, Heavy Industry, Technavio Research.
The market for the generators with 61 to 1,000 kW capacity accounts for 51% of the total market share. The demand for these generators mostly comes from mining, oil and gas, petrochemical, data centers, telecommunications, manufacturing, residential, construction, and automotive industries. This segment is expected to
The key vendors in the global stationary diesel generator market are Cummins, Caterpillar, Briggs and Stratton, Generac, Aggreko, and Kohler. These major vendors are expanding their businesses by acquiring companies in regions with high expected CAGR to enhance their market potential and market share. Moreover, acquiring complementary businesses and integrating them successfully to extend the product and service offerings is a remarkable strategy to expand the customer base and increase geographical presence.
A more detailed analysis is available in the Technavio report, Global Stationary Diesel Generator Market 2015-2019.
We can customize reports by other regions and specific segments upon request.
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