Diesel Generator Market in Heavy Electrical Equipment industry to grow by USD 1.95 billion|Technavio

NEW YORK, July 12, 2021 /PRNewswire/ --"The rise in demand from the telecom industry and the increasing popularity of diesel will further boost market growth during the forecast period," says a senior analyst at Technavio.

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. COVID-19 will have at Par on the diesel generator market for industrial applications. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

The diesel generator market for industrial applications in the heavy electrical equipment industry is expected to grow by USD 1.95 billion, progressing at a CAGR of almost 6% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Diesel Generator Market for Industrial Applications in Heavy Electrical Equipment Industry 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist the diesel generator market growth for industrial applications during the next five years
• Estimation of the diesel generator market size for industrial applications and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the diesel generator market for industrial applications
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the diesel generator market vendors for industrial applications

Diesel Generator Market for Industrial Applications in Heavy Electrical Equipment Industry 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the diesel generator market for industrial applications. APR Energy, Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., General Electric Co., Kirloskar Oil Engines Ltd., Kohler Co., Mitsubishi Heavy Industries Ltd., and Yanmar Holdings Co. Ltd. are some of the major market participants.

• Diesel Generator Market for Industrial Applications Size
• Diesel Generator Market for Industrial Applications Trends
• Diesel Generator Market for Industrial Applications Industry Analysis

This study identifies the increasing popularity of diesel as one of the prime reasons driving the Diesel Generator market growth for Industrial Applications during the next few years. However, the stringent emission standards may threaten the growth of the market.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR45953

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• Leverage latest data mapping the technological advancements
• Find deeper market insights and forecast information about current market developments.
• Explore insights on key market accelerating factors.
• Identify potential threats to market growth.
• Understand the impact of trends likely to influence market growth positively or negatively.

Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation by Type
• Market Segmentation by Geography
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report link: https://www.technavio.com/report/diesel-generator-market-for-industrial-applications-industry-analysis

SOURCE Technavio