Technavio Publishes New Industry Analysis Report for the Global Diesel Portable Generator Market from 2015-2019

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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