Energia
Diesel Power Engine Market Worth $7.9 Billion by 2025 - Exclusive Report by MarketsandMarkets™
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Industries require standby power generation to be used in the case of power outages or voltage fluctuations. Several large industries are in remote locations where distribution supply is unavailable. In such situations, industries need power generation to provide prime power and require other sets of power generation for emergencies. Temporary power supply for projects is another major application in industrial segment. Increased industrial activity and investments in Asia Pacific are expected to drive the demand for diesel power engines.
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Demand for diesel power engines from the industrial and commercial sectors for standby power generation and peak shaving is the major driver for demand in this segment. High-speed diesel engines which operate at speeds of more than 1000 rpm are popular in low- and medium-power engine segments. These high-speed engines offer advantages such as low initial cost, better fuel efficiencies, low maintenance cost, and reduced overhaul frequency and related costs. Industrial and commercial end users prefer diesel power engines of this segment due to their quick-start capability.
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In this report, the Diesel Power Engine Market has been analyzed across five regions, namely, Asia Pacific , North America , Europe , Middle East & Africa , South America . High growth in European market is driven by the increased investments in datacenters owing to the demand from global trends, digitalization, analytics, and cloud computing. Key policy decisions by the EU, especially General Data Protection Regulation (GDPR), which indirectly forces global companies to process European data on European soil, are expected to drive the demand in this area. Emergency standby power is required for datacenters to stay online in spite of the main power grid supply interruptions. These factors are expected to drive the growth of diesel power engines in Europe .
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the The key players include Caterpillar (US), Cummins (US), Wartsila ( Finland ), Rolls Royce Holdings (UK), MAN SE ( Germany ), Mitsubishi Heavy Industries Engine & Turbocharger ( Japan ), and Volvo Penta ( Sweden ).
Energy and Power Market Research Reports & Consulting
by Fuel Type (Natural Gas, Special Gas) Application (Power Generation, Cogeneration, Mechanical Drive) End-User (Utilities, Manufacturing, Oil & Gas) Power Output (0.5–1MW, 1–2MW, 2–5MW, 5–10 MW, 10–20MW), Region – Global Forecast to 2024
https://www.marketsandmarkets.com/Market-Reports/gas-engine-market-54641802.html
by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous), Power Rating (<100 KVA, 100-350 KVA, 350-1000-2500 KVA, 2500-5000 KVA, >5000 KVA), End-User (Residential, Commercial, Industrial)- Global Forecast to 2024
https://www.marketsandmarkets.com/Market-Reports/generator-sales-market-47544335.html
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