The diesel generators market is expected to reach a value of USD 16.96 billion by 2020, at a CAGR of 5.4% from 2015 to 2020. Energy demand from developing countries has rapidly grown over the past decade. Increasing power demand unmet by existing grid infrastructure has resulted in frequent power outages and blackout in the Asia-Pacific region. For industries and commercial sector, these power outages can be extremely costly. Diesel generators supply power to industries, commercial as well as residential sector during power cuts and prevents discontinuity in operations. Increasing need for continuous power supply and growing industrial and IT & Telecom industry are the major drivers of the market.
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects. In Tier 1(50%), Tier 2(22%) and Tier 3(28%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (45%), Director Level (23%) and others (32%) from various key organizations operating in the diesel generators marketplace. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (20%), APAC (40%), and Row (10%).
On a related note, another research on Fuel Additives Market Global Trends & Forecasts to 2020 says, the global market of fuel additives is projected to reach USD 8.62 billion by 2020 witnessing a CAGR of 6.9% between 2015 and 2020. Diesel fuel application is to dominate the market among all applications and Asia-Pacific to be global leader in the fuel additives market by 2020. This report includes market dynamics, such as drivers, restraints, opportunities, burning issues, and winning imperatives. Companies like Lubrizol Corporation, Chevron Oronite Company LLC, Innospec, BASF SE, Afton Chemical Corporation, Dorf Ketal Chemicals India Pvt. Ltd., Infineum International Ltd., Fuel Performance Solutions Inc, Evonik Industries AG, Cummins Inc, Cerion LLC and Chemtura Corporation have been profiled in this 164 pages research available at
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