Diesel Power Engine Market by Operation (Standby, Prime, and Peak Shaving), Rated Power, End-User, and Region 2022 Forecast Report

The global diesel power engine market was valued at USD 7.46 Billion in 2016 and is projected to reach USD 9.13 Billion by 2022, at a CAGR of 3.78% during the forecast period. The increasing demand for uninterrupted and reliable power supply in developing countries and the growing urbanization and industrialization are the major factors driving the diesel power engine market.

Browse 69 market data Tables and 45 Figures spread through 144 Pages and in-depth TOC on “Diesel Power Engine Market by Operation (Standby, Prime, and Peak Shaving), Rated Power (Up To 0.5 MW, 0.5–1 MW, 1–2 MW, 2–5 MW, and Above 5 MW), End-User (Industrial, Commercial, Residential), and Region - Global Forecast to 2022"

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The standby segment is expected to hold the largest share of the diesel power engine market, by operation, during the forecast period.

The standby segment is expected to hold a major share of the diesel power engine market during the forecast period. Standby engines are used in hospitals, datacenters, shopping malls, and others. The increasing electrification rate in developing countries along with increased spending in improving transmission and distribution network is anticipated to drive the standby generator sales during the forecast period. Market players such as Caterpillar, Cummins, MAN SE, Rolls-Royce, Mitsubishi Heavy Industries, and Kohler offer standby engines for power generation.

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The Industries segment is expected to be the largest end-user segment of the diesel power engine market during the forecast period.

The industries segment is expected to be the largest diesel power engine market from 2017 to 2022. This segment is expected to grow at the highest rate during the forecast period. The major industries include cement, datacenter, metals and mining, automotive, and oil & gas. These industries require an uninterrupted and reliable power supply. Moreover, diesel power engines are deployed by end-users to address problems such as load shedding, load restoration, emergency backup, and power generation in remote locations among others.

Target Audience:

The report’s target audience includes:

• Diesel power engines manufacturers and suppliers
• Raw material and component suppliers
• Consulting companies in the power sector
• Manufacturing and process industries
• Electric utilities
• Government and power research organizations

Asia Pacific: The fastest growing market for diesel power engines

In this report, the diesel power engine market has been analyzed with respect to five regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America. The market in Asia Pacific is expected to dominate the global diesel power engine market due to the increasing demand for reliable power generation and urbanization in the region. The Chinese market is expected to dominate the diesel power engine market in the Asia Pacific region. Also, the diesel power engine market is expected to grow at a high rate in India and South-East Asian countries. Increasing manufacturing activities and power generation capacity additions in these countries are the key factors driving the growth of the diesel power engine market.

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The report includes the profiles of some of the top players in the diesel power engine market to enable an in-depth understanding of the competitive landscape. These include Caterpillar (US), Cummins (US), MAN SE (Germany), Rolls-Royce (UK), and Wärtsilä (Finland). The leading players are trying to establish themselves in developing economies and are adopting various strategies to increase their market share.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Combined Heat & Power (CHP) Market is Growing Rapidly Due to the Increasing Demand for Energy Efficiency and Government Incentives and Programs to Promote CHP.

The global Combined Heat & Power (CHP) market is expected to grow at a CAGR of 5.48%, from 2018 to 2023, to reach a market size of USD 27.01 billion by 2023. The increasing demand for energy efficiency, government programs, and incentives to promote CHP are driving the growth for the CHP market. Emerging technologies such as fuel cell based micro-CHO in Europe and Asia Pacific provide opportunities for the growth of the CHP market. 

The residential segment of the CHP market, by end-user, is expected to grow at the fastest rate from 2018 to 2023. The segment is driven by government programs for fuel cell based micro-CHP in countries such as Germany, Japan, and South Korea. The program is aimed at increasing distributed power generation in households for better energy efficiency and reduce emissions. The ene-field project of the European Union is spearheading the penetration of residential micro-CHP in Europe by providing incentives.

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On the basis of fuel, the natural gas segment is expected to grow at the fastest rate from 2018 to 2023. The growth of this segment is mainly due to the rising share of natural gas in the energy mix in the Asia Pacific region, particularly in China. The shale gas boom in the US has also contributed to the rise in natural gas fired power generation in North America, and thus driving the CHP market in the region.  

The up to 10 MW segment, by capacity, is estimated to grow at the fastest rate during the forecast period. The segment consists mainly of residential and on-site industrial and commercial CHP installations. Larger capacities in this range are usually on-site commercial CHP installations for end-users, such as healthcare and data centers, where there is a growing need for energy efficiency. The market for this segment is driven by the government micro-CHP programs for fuel cells in regions such as Europe and Asia Pacific and the growth of distributed power generation in North America and Asia Pacific. 

Target Audience:

The target audience of this report includes:

·         Consulting companies in the energy sector

·         EPC contractors for CHP

·         Reciprocating engine manufactures

·         Gas and steam turbine manufactures

·         Fuel cell and microturbine manufactures

·         Environmental associations

·         Government and research organizations

·         Distributed energy associations

·         Investment banks

·         Power companies

Scope of the Report:

By Capacity

·         Up to 10 MW

·         10–150 MW

·         150–300 MW

·         Above 300 MW

By Prime Mover

·         Gas Turbine

·         Steam Turbine

·         Reciprocating Engine

·         Fuel Cell

·         Microturbine

By Fuel

·         Coal

·         Natural Gas

·         Biogas/Biomass

·         Nuclear

·         Diesel

·         Others (Biodiesel and Geothermal)

By End-User

·         Utilities, District Heating & Cooling

·         On-site Industrial

·         On-site Commercial

·         Residential

By Region

·         North America

·         Europe

·         Asia Pacific

·         Middle East

·         Africa

·         South America

Browse Combined Heat & Power Market Report at @ https://www.marketsandmarkets.com/Market-Reports/combined-heat-power-market-26572447.html

The CHP market has been segmented, by region, into North America, Europe, Asia Pacific, the Middle East, South America, and Africa. Asia Pacific is expected to grow at the fastest rate during the forecast period, followed by Africa. The growth in the market in Asia Pacific is driven by countries such as China, Japan, and South Korea. The growing share of natural gas in the energy mix in these countries has given rise to large-scale gas-fired cogeneration plants and is driving the market for CHP in this region. 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Solid Oxide Fuel Cell Market Driven by Increasing Demand for Efficient Power Generation are the Major Drivers That Would Trigger the Growth in the Market.

The solid oxide fuel cell market is expected to grow at a CAGR of 13.88% from 2017 to 2025, to reach a market size of USD 1,140.6 million by 2025. Government subsidies and fuel cell programs, increasing demand for efficient power generation, and stringent emission norms in the US and Europe are the major factors driving the growth of solid oxide fuel cell market.

The solid oxide fuel cell market is dominated by a few global players that are established brand names with a wide regional presence. The key players in this market include Bloom Energy (US), Aisin Seiki (Japan), SOLIDpower (Italy), Sunfire (Germany), UnderSea Sensor Systems (US), and Atrex Energy (US).

 

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Based on application, the Combined Heat and Power (CHP) segment is expected to be the fastest growing segment from 2017 to 2025. This segment is expected to witness growth mainly due to government initiatives and programs for installation of fuel cells. The Japanese ene-farm program for residential and commercial CHP installations is driving the market for this segment due to subsidies provided by the government for fuel cell-based CHP installations. The German government’s Callux program and European Union’s ene-field project are the driving factors for the growth of this segment in Europe.

Based on end-use, data centers is the fastest growing segment for the power generation application for the solid oxide fuel cell market. Data centers currently consume 2% of electricity in the US, and the stringent emission norms as along with the demand for cost-effective power generation, in addition to government incentives, is driving the market for this segment especially in the US. 

Full Research Report on Global Solid Oxide Fuel Cell Market Analysis: https://www.marketsandmarkets.com/Market-Reports/solid-oxide-fuel-cell-market-39365796.html

 

Target Audience:

• ·         The target audience of this report includes:
•          Solid oxide fuel cell manufacturers, dealers, and suppliers
• ·         Government and research organizations
• ·         Transmission and distribution utilities
• ·         State and national regulatory authorities
• ·         Consulting companies in the energy and power sector
• ·         Environmental research institutes
• ·         Investment firms

Scope of the Report: 

By Type

• ·         Planar
• ·         Tubular

By Application

• ·         Power Generation
• ·         Combined Heat & Power
• ·         Military

By End-Use

• ·         Data Centers
• ·         Commercial & Retail
• ·         Portable & Unmanned Systems
• ·         Telecom Towers
• ·         Residential
• ·         Auxiliary Power Unit

By Region

• ·         North America
• ·         Asia Pacific
• ·         Europe

Based on region, Asia Pacific is expected to be the fastest growing region for the solid oxide fuel cell market from 2017 to 2025. The market in this region is mainly driven by the Japanese government’s policy of phasing out nuclear energy from its energy mix and replacing it with a natural gas-based power generation. The Japanese government’s initiatives, such as the ene-farm project for residential CHP installations as well as subsidies for fuel cell-based distributed power generation are further driving the solid oxide fuel cell market. 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com