TechNavio recognizes the following companies as the key players in the Global Diesel Gensets market: Caterpillar Inc., Cummins Inc., and Kohler Co..
Commenting on the report, an analyst from TechNavio’s team said: “One of the major emerging trends witnessed in the Global Diesel Gensets market is the development of next-generation generators. The vendors in this market are currently developing next-generation generators, as they are trying to differentiate their products to get a competitive edge in the market. For instance, a few vendors are developing generators with comprehensive control and monitoring systems, which can improve the overall efficiency of generators. In addition, vendors are trying to offer user-friendly generators, where end-users can easily operate the generators irrespective of whether or not they possess proper technical knowledge.”
According to the report, one of the main factors driving the market is the growing concern over the energy deficit that is becoming clearly evident in several countries across the world. Currently, various new applications are increasingly consuming energy, which on one hand is leading to a shortage of energy and on the other, giving rise to the need for uninterrupted power supply.
Further, the report states that one of the main challenges is the intense competition among vendors. The market is highly fragmented with the presence of several diesel genset manufacturers, thus creating a stiff competition among them.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ABB Ltd., Detroit Tools, GE Co., Generac Holdings Inc., Mitsubishi Heavy Industries Ltd., and Siemens AG.
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/report/global-diesel-gensets-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report – Global Diesel Gensets Market 2012-2016
