Diesel Generators Market, By Application (Standby Power, Peak Shaving, and Prime or Continuous Power), By Power Rating (0-100 Kva, 100 – 250 Kva, 350 – 1,000 Kva, and 1,000 Kva), By End-User (Industrial, Commercial, and Residential), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Published In : Mar 2024

Code : CMI6752

Pages :140

Formats :

Excel and PDF

Industry : Energy

Market Concentration and Competitive Landscape

Diesel Generators Market Concentration By Players

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Remote and Off-Grid Electrification

A large population worldwide, especially in rural and far-flung areas of developing nations, still lacks access to centralized electricity grids and stable power supply. The challenges and costs associated with extending power transmission and distribution networks to remote, scarcely populated, and difficult terrains have meant that reliable grid electrification remains a challenge in many regions. It is in such off-grid remote locations that diesel generators play a crucial role in providing electricity for applications ranging from domestic household use and local community centers to telecom towers, agricultural activities, small enterprises, and infrastructure development projects underway in remote areas not yet connected to main power networks. Since most renewable energy options are also not economically or technically viable in all off-grid settings, diesel gensets are frequently the only viable option to electrify and energize unelectrified rural populations, villages, and townships located far from existing grid lines. As governments and international organizations step up efforts to achieve universal electrification goals, the dependence on diesel generators for decentralized distributed power generations is likely to continue playing an important role in remote area electrification in the foreseeable future.

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