Global Stationary Diesel Generator Market 2015-2019

Market outlook of the global stationary diesel generator market

Technavio’s market research analysts expect the global stationary diesel generator market to grow significantly, posting a CAGR of over 5% during the forecast period. Developing countries such as China, India, and Brazil show immense market potential for the adoption of stationary diesel generators. Therefore, vendors are venturing into these countries, where demand for these generators is growing significantly.

Rapid urbanization and industrialization are the key factors that led to increased demand for power generators, thus compelling industries to adopt stationary generators to provide continuous supply of electricity and ensure uninterrupted business operations. One main advantage of stationary generators is that they are capable of supporting very high power loads for prolonged periods of time.

Segmentation of the global stationary diesel generator market by product range