Technavio, a tech-focused research company, has published a new statement on
the global diesel transportable generator market, which is likely to grow at a
CAGR of virtually 8% from 2015-2019. Based on the latest report by Technavio,
commercial and construction sections are the two major clients in the global
diesel convenient generator market. Portable power generators offer more
benefits for example less noise emission, as well as low initial investment
repairs and maintanance, as compared to large and fixed generators, especially
for residential customers.
“In addition, portable generation devices are
equipped with fail-safe technology, tend to be user-friendly, portable, and easy
to work. These benefits are the main factors contributing to their improved
adoption in the commercial and building sectors leading to the growth from the
market, ” says Faisal Ghaus, Vice President of Technavio.
The report also
stresses the increasing number of mergers and acquisitions, where a number of
players in this sector are usually expanding their offerings in order to
countries which have a high development potential such as India, Tiongkok, and
other developing countries.
“These vendors will use mergers, purchases, and
form strategic complicité with existing players and native vendors in the
forecast time period, which will help them enhance their own distribution
channels and enhance market growth, ” elaborates Ghaus.
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