DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/nkrrjn/global_industrial) has announced the addition of the "Global Industrial Diesel Generator Market 2015-2019" report to their offering.
The global industrial diesel generator market to grow at a CAGR of 4.7% over the period 2014-2019.
The report, Global Industrial Diesel Generator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Industrial end-users often rent instead of owning large diesel generators. This is more evident in developing nations where the total cost of ownership plays an important part in the total revenue earned. The market for rental services is known as the power rental market. The revenue earned is evaluated in terms of revenue earned by renting power backup equipment or from a temporary power plant.
According to the report, India is among the fastest growing urban economies worldwide. With its growing population, the country's economic growth has led to a rise in disposable income. Industrialization has also led to the rapid growth of cities with its economy transforming from an agrarian one to a more services and industry-oriented economy.
Further, the report states that diesel generators produce more noise than gas generators and are not used in many residential and commercial applications. End-users prefer gas generators as the work of filling a generator with diesel during a power outage is reduced.
The market has been segmented based on:
- Output power capacity
- Cummins Power Systems
- Generac Power Systems
Other prominent vendors
- APR Energy
- Atlas Copco
- F.G. Wilson
- GE Energy
- Kirloskar Oil Engines
- Mitsubishi Heavy Industries
- MQ Power
- MTU Onsite Energy
- Wacker Neuson
- Wuxi Kipor Power
For more information visit http://www.researchandmarkets.com/research/nkrrjn/global_industrial