Global Diesel Generator Market to Reach $17.6 Billion by 2020

by Sameer Joshi or 25-Apr-2016

Publisher's latest report Diesel Generator Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis and Forecasts to 2020, provides detailed information on the current diesel generator market, focusing on key countries, as well as covering the global scenario. The report analyzes the revenues, share of the various capacity segments for the seven key countries in the market. The market shares for the key players in each country have been provided. The drivers and restraints of the global market as well as the specific countries are also provided.

 

The global diesel generator market is set to grow from $14 billion in 2015 to $17.6 billion in 2020, representing a compound annual growth rate of 4.7%. China and the US are the two leading market of diesel generators in the world. In 2015, China held 22.1% share, while the US accounts for 17.7% share. By 2020 the combined market share of China and the US is expected to reach 40.9%. The following figure shows the trend and outlook of the global diesel generator market from 2010 to 2020. 

 

The large and established manufacturers, such as Caterpillar and Cummins, are comfortably placed in the high-capacity rated segment but are facing tough competition from local manufacturers in the low-capacity rated and partially medium-capacity rated segments. In 2015, domestic manufacturers accounted for 51% of the Chinese diesel generator market, which is the largest diesel generator market in the world. The Indian market, another significant market for diesel generators, also sees strong participation from domestic manufacturers, such as Kirloskar Oil Engines Ltd. and Mahindra Powerol.

 

The report includes:

 

- An in-depth analysis of the diesel generator market in US, UK, Germany, China, India, Nigeria and South Africa.

- Covering market size for the period from 2010 to 2020 for diesel generators.

- Market share of players/leading players for diesel generators in 2015.

- It discusses the key drivers and restraints impacting the diesel generator market at global and country level.