NY, Aug. 10, 2015 /PRNewswire/ -- The diesel power
generator set (genset) market designates the use of internal combustion motors
for distributed power creation. Today, reciprocating engine-based gensets are
among the fastest-selling, most affordable distributed generation (DG)
technology in the world. As a source of unexpected emergency standby, prime, or
constant power, diesel-fueled gensets tend to be poised for continued
development in most regions and energy classes, but face growing competition
from natural gas power generators in certain markets.
The number of specific segments within the genset
marketplace spanning power classes, programs, and end-use customers provides a
rich ecosystem of possibilities for market participants. In general, the market
has experienced constant growth. However , continued progress in the supply of
unconventional fuel resources and tightening rules targeting stationary
generator emissions may signal a change toward cleaner-burning natural gas
techniques over their diesel alternatives. In the short term, though, countries
along with strong economic and/or populace growth rates that are progressively
burdened by unreliable power company infrastructure and blackouts will certainly
continue to drive diesel genset sales. According to Navigant Investigation,
global diesel genset capability additions are expected to increase through 62. 5
GW within 2015 to 103. seven GW in 2024.
This particular Navigant Research report evaluates the
global market potential for diesel powered gensets for residential, industrial,
industrial, and power plant software. The study includes assessments of
worldwide regions for capacity installs, an analysis of industry drivers and
barriers, along with a comparison of diesel and gas gensets. Global market
predictions for annual capacity improvements and revenue, segmented based on
country and region, extend via 2024. The report additionally examines the key
technologies as well as components related to diesel gensets, as well as the
competitive landscape.
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