July 7, 2016 - 12:25 PM EDT
Print Email Article Font Down Font Up
Global Market of Gas Gensets Worth US$ 8 Billion by 2021 - Drop in Natural Gas Price Encouraging Customers to Opt For Gas Gensets Over Diesel Genests - Research and Markets

Research and Markets has announced the addition of the "Global Gas Gensets Market - Forecast and Opportunities, 2011-2021" report to their offering.

The global market of gas gensets is projected to cross US$ 8 billion by 2021. Growing population and economic growth are resulting in power shortages across the globe. Moreover, owing to over consumption, poor and aging infrastructure, unexplored renewable energy options and delay in commissioning of power plants, there is a huge demand-supply gap of electricity and this gap has been widening over the years.

Furthermore, due to poor distribution networks, tax hikes, strikes, military coup, political events, severe hot summers or cold winters in various regions across the globe result in huge fluctuations in electricity demand-supply scenario. Consequently, an increasing number of diesel and gas generator companies are stepping in to fill the void, with various major companies having already experienced a huge sales surge over the last five years.

However, drop in natural gas prices and fluctuations in crude oil prices are encouraging the customers to opt for gas gensets over diesel gensets. Moreover, developed economies, especially the United States and European countries, are implementing strict emission norms to regulate the harmful emission levels of diesel gensets, which is boosting the sales of gas gensets.

Companies Mentioned:

  • Ashok Leyland Limited
  • Briggs & Stratton Corporation
  • Caterpillar, Inc.
  • Cooper Corporation Private Limited
  • Cummins Inc.
  • DEUTZ Engine (China) Co., Ltd.
  • Doosan Portable Power
  • Dresser Rand Group Inc.
  • Eaton Corporation Plc.
  • FG Wilson
  • GA Power Solutions
  • Generac Power Systems
  • General Electric Co.
  • Himoinsa S.L.
  • Kohler Co. Inc.
  • MTU Onsite Energy GmbH
  • Perfect Gas Generators
  • Shandong Naipute Gas Power Company Ltd.
  • Shengli Oilfield Shengli Power Machinery Group Company
  • Wartsila Corporation

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Gas Gensets Market Outlook

5. Global Low Rating (1kVA-75kVA) Gas Gensets Market Outlook

6. Global Medium Rating (75kVA-350kVA) Gas Gensets Market Outlook

7. Global High Rating (350kVA-750kVA) Gas Gensets Market Outlook

8. Global Very High Rating (Above 750kVA) Market Outlook

9. North America Gas Gensets Market Outlook

10. Europe Gas Gensets Market Outlook

11. Asia-Pacific Gas Gensets Market Outlook

12. South America Gas Gensets Market Outlook

13. Middle East & Africa Gas Gensets Market Outlook

14. Market Dynamics

15. Market Trends & Developments

16. Channel Partner Analysis

17. Competitive Landscape

18. Strategic Recommendations

For more information visit http://www.researchandmarkets.com/research/gpkpnq/global_gas

Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Generators

Source: Business Wire (July 7, 2016 - 12:25 PM EDT)

News by QuoteMedia

Legal Notice