6Wresearch announces the release of exhaustive and detailed “China Diesel Genset Market (2015-2021)” report covering diesel genset types, applications and regions. The report estimates and forecast market by power rating such as 5KVA-75KVA, 75.1KVA-375KVA, 375.1KVA-750KVA, 750.1KVA-1000KVA, 1000.1KVA-2000KVA, 2000.1KVA & above. The report segregates application market into Commercial, Industrial and Residential. Further, commercial segment is segmented into Retail, Commercial Offices, Telecom, Hospitals, Hotels, BFSI, Transportation and Others; whereas industrial is sub-divided into manufacturing, oil & gas and others. Also, regions covered in the report include- Western, North-Eastern, Central and Eastern
Growing public & private infrastructure, demand for gensets in far western provinces, expanding manufacturing base, need to provide continuous power in manufacturing sector, and rising telecom infrastructure have fueled the market for diesel genset in China.
According to 6Wresearch, China Diesel Genset Market is projected to reach $5.3 billion by 2021. Power deficit, power outages and emergence of new manufacturing hubs in western and central regions have further created the demand for diesel gensets in Chinese market. Also, rising construction industry is also playing significant role for the growth of the overall market.
In China’s Diesel Genset market, small ratings (5KVA-75KVA) and medium ratings gensets (75.1KVA-375KVA & 375.1KVA-750KVA) diesel genset accounts for leading share both in-terms of revenue and volume. Low cost and usage of these gensets in wide range of applications have contributed to their market dominance. In the forecast period, small ratings diesel genset market is expected to maintain its leadership, where growth of these gensets would be exhibited from BFSI sector, residential and telecom sector. With the rise of telecom towers in the country especially in remote areas have led for the deployment of diesel genset in this segment.
Commercial & Industrial applications captured major share of pie in overall China Diesel genset market. Nationwide infrastructure projects such as ports, airports, and Government of China’s ‘Made in China’ Campaign to harvest manufacturing sector is anticipated to provide necessary boost to diesel gensets market over the next six years.
The key companies in China Diesel genset market are namely, Cummins, Caterpillar, Deutz AG, Generac Holdings, Doosan Corporation, AB Volvo Penta, MTU Aero engines, Perkins, Xing Yuan power holdings, Scania AB, Mitsubishi Corporation, and FG Wilson.
“China Diesel Genset Market (2015–2021)” provides in-depth analysis with 84 figures and 20 tables covered in 125+ pages. The report also gives insights on price trends, market trends, company profiles, market drivers and restraints.