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The diesel generator market of China is expected to experience a positive growth in the coming years owing to the Chinese government policy of Made in China 2025, which emphasizes producing higher value products and services. Moreover, the introduction of new construction projects in the industrial sector is anticipated to boost the demand for diesel generators. In 2018, SUEZ NWS awarded the contract to construct a wastewater plant worth USD 458.58 million in China.
According to MarkNtel Advisors’ research report titled “China Diesel Generator Market Analysis, 2020”, the Diesel Generator market is projected to register a CAGR of around 9% during 2020-25. The diesel generator with 5 KVA to 75 KVA capacity captured a considerable market share in the China diesel generator market in 2019. The surging introduction of mixed-use projects in the country is positively impacting the demand for diesel generators. In 2018, Guocoland commenced the work on a new office project in Guoco Changfeng City. The project in the Changfeng Eco-Business District consists of office towers, retail, and entertainment facilities, which is estimated to be completed by 2021.
Moreover, the industrial sector accounted for the highest market share in the China Diesel Generator market in 2019 due to the growing support by the government to boost the industrial sector by introducing plans such as the 13th Five Year Plan.
According to MarkNtel Advisors, the key players capturing a substantial market share in the China Diesel Generator market include Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc., MTU, etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on China Diesel Generator Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million, while the market volume is measured in terms of Unit sold.
Q. What would be the growth rate or CAGR of China Diesel Generator Market during 2020-25?
A. The growth rate of China Diesel Generator Market during 2020-25 is forecast to be around 9%.
Q. Who are the key competitors or players operating in China Diesel Generator Market?
A. Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc., MTU are few of the leading players in the China Diesel Generator Market.
Q. Does the report scope cover China Diesel Generator Market Power rating wise market statistics also?
A. Yes, the scope of the report encompass detailed power rating wise statistics such as market size, market segmentation based on various subcategories.
Q. Which capacity of generator would emerge as an opportunity area for players in China Diesel Generator Market?
A. The diesel generators with capacities ranging from 5 KVA to 75 KVA grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of China Diesel Generator Market.
Q. Which Sector would emerge as an opportunity area for players in China Diesel Generator Market?
A. The Industrial sector will grabbed a significant market share due to the growing support by the government to boost the industrial sector by introducing plans such as the 13th Five Year Plan and this sector will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of China Diesel Generator Market.
