Monday, 30 December 2019
How large is the global market for diesel gensets? According to a recent report it’s as large as $17.35 billion. And huge as this market already is, it is only expected to grow.
The largest markets are Asia Pacific, Europe, Middle East and Africa followed by North, South and Central America. It can be said that the reasons for demand include low initial prices, increasing power demand and an inadequate grid network.
The challenges faced by the market include increasingly stringent emission norms, discovery of shale gas reserves and use of substitutes. The top players in the international market are Rolls Royce, Caterpillar, Cummins and others. In India, Mahindra has built a solid reputation in this sector.
A. Expected Growth:
The global diesel generators market is expected to grow to an aggregate market value of $115.1 billion in the period 2018-2022. The factors driving this rise are healthy industrial growth, rapid urbanization and increase in per capita income. The rise in disposable income has also spiked the need for power backup devices.
The other reasons for the surge in demand include power deficits, advanced technology, and ready diesel availability. Diesel generators are by far the most preferred power backup - In 2017, more than 80% of the global generators market were diesel generators.
B. Top countries according to demand:
In 2022, China is expected to be leading the way in terms of market volume for diesel generators - followed by US and India. China’s share is estimated to be 19.50% in 2022. The main reasons for this are that China’s grid has not yet reached quite a few of the rural areas. The Chinese government is also promoting economic growth which will positively affect the market.
C. Sectors with high demand for diesel generators:
The commercial sector accounted for 39.8% of the diesel gensets market share in 2014. This was followed by the Hospitality sector. Natural disasters like hurricanes boost the demand in coastal areas. The Telecom, IT and retail sectors are also witnessing a surge in demand.
D. Demand according to power:
In 2014, low power gensets with an output power of 0-350 kVA accounted for 49% of the global diesel generator market.
The demand for High-power gensets is expected to rise and diesel-fueled high power gensets are cheaper than natural gas-fueled gensets, in terms of operating costs.
To conclude, as you can see from the above facts, the market for diesel generators is huge and the prospects for sustained growth are very high indeed.
For further guidance or information on diesel/gas gensets visit our website at www.mahindrapowerol.com/ or call us at 1-800-419-1999
Reference: - https://www.power-technology.com/comment/global-diesel-generators-market-reach-value-115-11bn-coming-years/
Tuesday, 17 December 2019
New Delhi’s pollution levels are making headlines across the world. Social media is overflowing with posts, sales of masks and air purifiers have multiplied and the need to reduce pollution levels has never been so demanding.
The alarming levels have led the authorities to ban diesel gensets and while the move is well intentioned, there are practical difficulties in enforcing it. Many individuals,institutions and even state governments are complaining that they cannot follow the ban.
In these times, it makes business, practical and environmental sense to start thinking about installing gas gensets in New Delhi and Noida that offer a whole lot of monetary and green benefits.
Natural gas is one of the least expensive fuels - only coal is cheaper. However, coal is a major pollutant.
Let’s look at some of the advantages of using gas gensets in New Delhi, Noida and other places:
1. The most obvious benefits are that gas gensets are cleaner, cheaper and more efficient.
2. Natural gas is one of the cleanest fossil fuels as the emissions of sulphur, nitrogen and carbon dioxide - a greenhouse gas - are much lower.
3. Since electricity is an expensive source of energy, gas generators are much more practical when it comes to heating homes.
4. As gas is available through pipelines in many areas, there is no need to store it. This makes gas gensets easy to install and use.
5. Natural gas does not produce ash and any leakage can be detected instantly. Also, natural gas is not harmful when inhaled in small amounts.
6. Sometimes gensets need to be kept in confined spaces and gas gensets are ideal for installation in such places.
7. Unlike diesel gensets, gas gensets do not release any pungent odour.
Mahindra Powerol offers 20 kVA & 125 kVA Gas gensets that are known for their fuel efficiency and reliability. To know more about, visit www.mahindrapowerol.com or