DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/t6cn74/diesel_and_gas_gen) has announced the addition of GlobalData's new report "Diesel and Gas Generator, 2012 - Global Market Size, Segmentation and Equipment Market Share to 2020" to their offering.
Executive Summary:
Diesel & Gas Generator Market Steps into the Light as Blackouts Hit Emerging Countries.
As the recent blackouts in India have illustrated, exploding population figures and unprecedented economic growth are resulting in power shortages in developing countries around the world. Diesel and gas generators are stepping in to fill the void, and are experiencing a sales boom as a result, says energy industry experts The authors.
According to their latest report, there is a significant demand for diesel and gas generators (gensets), particularly across Africa and Asia, and the thirst for electricity will only increase with as economic prosperity grows.
Market forecasts predict that by 2020, the worldwide genset market will almost double in value to reach $22.3 billion, from a 2011 valuation of $12 billion; growing at a CAGR of 7.1% in the period 2011-2020.
India and China are currently the major stakeholders of the international genset market with a combined share of 30%. Both of these countries face a considerable power supply-demand gap, creating an attractive market for genset manufacturers.
During 2011-2020, the Indian genset industry is expected to jump in value from $1.2 billion to $2.54 billion, while the Chinese industry will climb from $2.4 billion to almost $5.5 billion. By 2020, the combined share of these two nations will have grown to 36% of the global genset market.
In particular, the gas segment of the global genset market is predicted to display impressive growth during the current decade. Gas fuelled generators are low maintenance and create low levels of environmental pollution - a big plus for many consumers in the current climate of ecological awareness. Environmental regulations are expected to become more stringent, not only in the North American and European markets, but in Asia as well, further driving gas generator sales.
With these factors in mind, the global gas genset market is forecast to treble from the 2011 valuation of $3 billion, to $9 billion by the end of 2020.
Summary
Drivers, restraints, challenges, revenue forecast, market share analysis are covered for the global market. The report also covers market revenues and market share of global gas generator analysis separately. The report covers seven key countries for diesel and gas generator market. Revenue forecast, market share analysis and revenues by voltage rating (kVA) are covered at the country level.
Scope
- Data on revenue generated from diesel and gas generator globally, as well as for the leading countries of the world.
- Revenue segmentation by generator rating (kVA) for seven countries: the US, India, China, South Africa, Nigeria, the UK and Germany have been provided.
- Market shares of leading global players including Caterpillar and Cummins.
Reasons to buy
- Facilitate decision-making based on strong historic and forecast data for the diesel and gas generator market.
- Develop strategies based on the latest market trends, market shares and revenue growth.
- Position yourself to gain the maximum advantage in the diesel and gas generator market growth potential.
- Identify key partners and business development avenues.
- Respond to your competitors' business structure, strategy and prospects.
For more information visit http://www.researchandmarkets.com/research/t6cn74/diesel_and_gas_gen
Source: GlobalData