London, 27 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Diesel Gensets Market in the US 2014-2018, which is expected to grow at a CAGR of 3.65 percent during the forecast period.
About the Report
The latest report by TechNavio focuses the on the increasing energy deficit and widening supple-demand gap for power in the US.
“Energy consumption has increased significantly, which has led to a shortage of energy and given rise to the need for uninterrupted power supplies. Concerns over the energy deficit have grown and this essentially drives the growth of the Diesel Gensets Market in the US,” says Faisal Ghaus, Vice President of TechNavio.
The report also indicates that hybrid generators, which run on both gas and diesel, will boost the overall market potential in the near future.
“Hybrid generators offer more cost- and fuel-efficiency than conventional generators, and provide environmental sustainability through minimal greenhouse gas emissions and energy consumption compared with conventionally fueled generators, which will lead to increased uptake of this technology across commercial, industrial and residential sectors in the US over the projected period,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Energy Deficit
- For a full detailed list, view our report.
Market Challenges:
- Compliance with Government Regulations
- For a full detailed list, view our report.
Market Trends:
- Increased Adoption of Industry-specific Generators
- For a full detailed list, view our report.
Key Vendors:
- Caterpillar Inc.
- Cummins Inc.
- Generac Power Systems
Other Prominent Vendors:
- ABB
- Detroit Tools
- GE
- Kohler
- Mitsubishi Heavy Industries
- Siemens
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
