Market research Future Diesel Generator Market In - Depth Research Report | Page 2

Diesel Generator Market Research Report- Forecast to 2023
1 Summary
Growing environmental legislation and concerns are driving the need to develop and apply innovative
alternative power and propulsion technology to generate alternative to power. But again, when its fuel
based power generation, it has to be Fuel Efficient. The reliable power supply at lower costs – this aspect
is predominantly fostering the market growth. Additionally, Diesel Generators are cost effective and can
run for longer hours and have a longer life as compared with the other generators. These factors contribute
to garner extensive popularity for Diesel Generators increasing its marker size.
Despite of all these advantages, there are some disadvantages which are acting as market growth restraining
factors. For instance – first and foremost Diesel Generators cause noise and air pollution damaging the
environment notably. Secondly, the start-up cost (Installation charges) which are generally over the 25 %
of the actual total cost of the generator. Besides they consist of heavy parts that can cost equally heavy
after sales service.
Key Players:
The key players of global diesel generator markets are Caterpillar Inc. (U.S.), Cummins Inc.(U.S.), Kohler
Co.(U.S), Mitsubishi Heavy Industries, Ltd. (Japan), Kirloskar Group (India), Briggs & Stratton (U.S),
Wärtsilä (Finland), AKSA Power Generation (Turkey) and Yanmar Co., Ltd. (Japan).
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