Diesel Generator Sets: Distributed Reciprocating Engines for Portable, Standby, Prime, and Continuous Power and Cogeneration Applications: Global Market Analysis and Forecasts

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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