Global Diesel Gensets Market: Overview
A diesel generator is
a combination of a diesel engine along with an electric generator thus forming
a distributed generation unit. The basic function is power generation via an
internal combustion engine to produce energy from gaseous fuels. The chief advantage
of distributed generation is the quick ramp up of electricity as opposed to
traditional generation in power plants. Especially suitable for remote
areas, diesel generators are an effective solution for tackling power shortages
and growing energy demand. Heavy industries, commercial zones, Information
Technology (I.T.) parks, and residential areas are some of the major markets
for this industry. Some of the most critical infrastructure of any city which
includes hospitals, telecom stations, power plants, and airports among others
is also heavily dependent on the diesel genset industry.
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The diesel
gensets market is driven by a need for reliable, mobile, and easy-to-use
backup of electricity to be used either in off-grid locations or coupled with
existing locations covered by the grid. Part of the reason for their popularity
is also the inefficiency associated with distribution & transmission of
power through cables over long distances. As the electricity industry targets
the supply of continuous power for alleviating any emergency, the diesel genset
is likely to be of paramount importance. A possible threat does emerge in the
form of alternative means of battery storage using benign materials and
renewable sources of energy. However, the market penetration of existing
gensets along with the fact that the technology is perfectly established
provides a relief to the diesel genset industry. There exists an opportunity of
furthering the diesel genset cause in emerging economies where many new
industries are likely to be established during the next decade. Proper &
timely maintenance of the gensets can ensure that this aim is brought to
fulfillment through cost reduction and improved performance.
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The technological
segmentation for diesel gensets is carried out based on factors such as size,
fuel storage, and the desired power rating. Sizing is based on the site
conditions and the type of appliances or equipment to be powered by the genset.
Based on the power rating, a diesel genset could have a standby rating, prime
rating, or base-load rating. Also, the electrical power derived from a genset
could be consisting of a single-phase or multiphase. These segmentations have
to be well defined if the diesel genset in question is to have proper
functioning and low maintenance. There are software programs which assist
genset manufacturers to make the correct choice for the given load requirement.
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Europe and North
America, the traditional regions for diesel gensets market are likely to remain
stable and largely unchanged in the next decade. There has been a considerable
demand from Asia Pacific and the emerging markets of Africa and South America.
In Asia, the focus is on India and China, two countries which are expected to
add many power plants thus furthering the need for diesel genset units. The
technology improvements in the telecom sector in India are expected to be a
major driver for growth of the diesel gensets market. As for Middle East and
Africa, power generation using oil & gas is likely to be backed by diesel
gensets to prevent grid brownouts. The regional segmentation would be done as
Europe, North America, Asia Pacific, Middle East & Africa, and Rest of the
World (ROW).
Global Diesel Gensets Market: Key Players
Some of the key
players in the diesel gensets market include Caterpillar, Cummins, GE Energy,
Dresser-Rand, Briggs & Stratton, Kohler Co., Generac Power Systems, Guascor
Power, Wartsila, and MTU Onsite Energy among others.
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