“Increase In The Amount Of Data Centers, An Increase In Energy Outages And Development In The Building Sector Will Drive The Market”, says Visiongain report

05 September 2019
Energy

Visiongain’s new report the Diesel Generator Market Report 2019-2029: Forecasts by Power (Low Power, Medium Power, High Power), by End-user (Residential, Commercial, Industrial), by Capacity (Less Than 75 kVA, Between 75 to 375 kVA, More Than 375 kVA), by Application (Standby Backup Power, Prime Power, Peak Shaving Power) Plus Leading Company Analysis and Regional and Leading National Market Analysis.

Increase In The Amount Of Data Centers, An Increase In Energy Outages And Development In The Building Sector Will Drive The Market

During the forecast period, it is anticipated that the U.S. diesel generator market will be motivated by an increase in the amount of data centers, an increase in energy outages and development in the building sector. The U.S. is experiencing an increase in data center utilization by hyperscale cloud suppliers and businesses seeking to capitalize on national and international data usage. Because data centers require continuous power supply, these businesses have a enormous 24/7 demand for diesel generators, reliable energy. Additionally, parts of the data center such as energy controls, server rooms, heating, ventilation and air conditioning (HVAC) systems and safety controls have low tolerance to power spikes, with power cuts causing further interruption of their activities, which requires the implementation of these generators in data centers.

PV Energy and Gas Driven Generators are Posing Challenges for Diesel Generator Growth

U.S. diesel generator market growth is mildly impacted by the country's implementation of alternative power sources, such as natural gas generators and photovoltaic (PV) energy systems. The cost of natural gas generators in the low-power category is lower than that of diesel generators. In addition, gas generators emit relatively less emissions than diesel generators, promoting their implementation in residential and commercial installations. In addition, PV energy systems are environmentally friendly, boosting their implementation and adversely affecting the demand for diesel generator sets in the nation to some extent. Historically, standby power has been dominated by diesel generators, but in many economies, natural gas is quickly becoming a preferred option. Natural gas generators below or equal to 150 kW are a simple option to minimize complete cost of ownership and avoid on-site diesel-related hassles. With embedded parallel technology and 150 kW generators, this benefit can be expanded to bigger kW projects

As natural gas generators become bigger than 150 kW, the enhanced capital cost of the generators in the standby industry has tended to slow their implementation. More clients take a longer view as on-site diesel issues continue to develop on the market. Natural gas generators provide an highly desirable comfort and effect on the environment. They also provide a cost-effective solution to on-site diesel management when assessing over a 25-year life cycle.

Growth In The Mining Sector Is Anticipated To Provide Diesel Generator Market Players With Profitable Possibilities

Growth in the mining sector is anticipated to provide diesel generator market players with profitable possibilities during the forecast period due to the industry's high dependence on diesel generator sets for building, drilling, and other mining aspects. In the mining sector, diesel generators are commonly used to power different kinds of machinery, including big drills and shovels. Iron ore, coal, building sand, and crushed rock are mined in the nation in big quantities, which additionally involves the use of these generators to power mining operations.

Leading Regional & National Analysis

Asia Pacific is considered to be the largest market in the region. Emerging economies such as India and increasing per capita income from China are boosting regional development. In addition, the rapidly growing manufacturing sector is also anticipated to drive regional market growth in the coming years due to growing client demand. Japan, South Korea, China and India are the primary manufacturing hubs for consumer electronics and are likely to continue to develop during the forecast age. In Asia Pacific, diesel generator sets are used primarily for backup as the region has a slightly sophisticated energy infrastructure providing low-cost energy from the utility grid. The demand pattern for diesel generator sets is based on different factors such as the country's energy infrastructure, emission norms, and buying power from the client.

Leading Players

The comprehensive report offers market estimation and forecast for the period ranging 2019 – 2029 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of advanced energy storage systems.

Kirloskar Oil Engines Limited, Kohler Co., Mitsubishi Heavy Industries Engine & Turbocharger Ltd, MTU Onsite Electrical, Aggreko PLC., FG Wilson Inc., Atlas Copco., Caterpillar Inc., Cummins Inc., Doosan Corporation, Generac Holdings Inc.

The Diesel Generator Market Report 2019-2029 report will be of value to anyone who wants to better understand the energy storage market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the energy industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Dynamic Export Cable Market Report 2021-2031

The pace of progress and development of the global supply chain is likely to be strongly influenced in the near term by the growth in turbine generating capacity, rising toward 15 MW.

19 February 2021

Read

Visiongain Publishes Static Compensator Market Report 2021-2031

In recent years, battery energy storage (BES) techniques are fast developing due to the advancement of power electronics and battery technology. This leads to their increasing applications in power systems for different objectives.

17 February 2021

Read

Visiongain Publishes Molten Salt Reactors Market Report 2021-2031

The aim of this report is to provide detailed market, technology and industry analyses to help readers quantify and qualify the market for molten salt reactors technologies used in to generate electricity. Special emphasis is given to ongoing research into improved efficiencies of molten salt reactors.

16 February 2021

Read

Visiongain Publishes Canadian Oil & Gas Market Report 2021-2035

Large proven oil & gas reserves of Canada coupled with growing investments in the building the country’s oil & gas infrastructure is expected to augment the demand for Canadian oil & gas. Favourable government policies and high demand for LNG from countries other than the U.S. is also anticipated to drive demand over the forecast period.

28 January 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever