As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The Asia Pacific region holds a significant share of the diesel generator industry owing to the rapid industrialisation in the region. This can be attributed to the high prevalence of chronic power outages in developing regions, such as Bangladesh, Indonesia, and Vietnam, among others, which, in turn, is surging the demand for diesel generators in various sectors. Moreover, the extensive use of diesel generators in industrial applications in countries like India and China is augmenting the growth of the market. The rising deployment of diesel generators in industries like telecommunication and manufacturing, among others, is providing further impetus to the market growth.
Atlas Copco AB (STO: ATCO-A ), one of the leading companies in the market, expanded its QES portable diesel generator range up to 500kVA in January 2021. The company added four models, QES 250, QES 325, QES 400, and QES 500, to offer an efficient source of electrical power for the demanding worksite. The generator range is equipped with user-friendly Qc series controllers to provide power within two clicks and efficient operation. The generators offer corrosion-resistant and waterproof canopies to repel high liquids like heavy rainfall. They feature a sound attenuated steel enclosure, fuel-efficient power pack, and spillage-free frame with integrated forklift slots and beams for ease of transportation. Moreover, the generator provides a constant power source in extreme conditions, which makes it suitable for the rental and construction sectors. The range also requires one-hour of maintenance every 500 operating hours while providing easy access during services. The development of such innovative diesel generators is surging their demand, which is expected to drive the market growth in upcoming years.
Market Analysis by Power Rating, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global diesel generator market are Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Honda Siel Power Products Ltd., and AKSA Power Generation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.