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Global Diesel Generator Set Market

- Nov 28, 2017 -

With increased demand for standby power supply, the diesel generator market is expected to expand through 2021 years, resulting from a rise in demand from different end-users in the global range, with the expansion of the supply and demand gap being bridged by diesel generators.

Diesel generator sets in industrial, the commercial and residential sectors have found applications, and industrial action relies heavily on the generation of diesel-generating units in areas with limited access to power outages and in the grid, where major emerging economies such as China and India are expected to continue to witness strong growth industries in the Asia-Pacific region in the coming years, Expected to drive the diesel generator set market.

In addition, China accounts for about 50% of global steel production, making it a huge market for diesel generators as a steel-industrial steel production is extremely energy intensive and its operation highly dependent on diesel generators during power outages.

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