Latin America Diesel Generator Market Analysis, 2020
By Application (Peak Shaving, Standby Power, Base Load/Continuous Power), By End User (Government & Utilities, Oil, Gas and Mining, Construction, Telecommunication, Manufacturing, and Others), By Power Rating (Upto 30 KW, 30-60 KW, 60-150 KW, 150-300KW, 300-500KW, 500-1000KW, and Above 1000 KW), By Country (Mexico, Brazil, Argentina, Chile, Rest of Latin America), By Company
A diesel generator is a fuel-based operating device used as a continuous or standby source of power. The generators based on the fuel comes in two variants, the diesel generator, and the gasoline generator. The type of generator incorporated depends on its engine. The fuel is injected into the engine at various points of use.
Diesel generators have been gaining popularity owing to its feature such as operational efficiency, low-cost maintenance, and low fume combustion by the diesel-operated power generators. The operators in the LATAM Diesel Generator market are engaging in product innovation and technological advancement by incorporating components such as remote controlling, that would further add value to the market and bring operational efficiency.
According to MarkNtel Advisors’ research report titled “Latin America (LATAM) Diesel Generator Market Analysis, 2020”, the LATAM Diesel Generator market is anticipated to rise at a CAGR of around 8% during 2020-25.
The Latin America market has been witnessing a growing trend on account of several favorable factors such as soaring power outrage and developing phase of the economy leading to rising construction. Moreover, burgeoning development activities across residential, industrial, and the commercial sectors along with growing market for hybrid renewable energy systems bringing fuel efficiency and enhancing performance of the systems and many others is fuelling the demand for diesel generator in the region.
The diesel generators with power capacity up to 30 kW accounted for more than 50% share in terms of units sold in 2019, while the revenue contribution was negligible, with less than 10% of the share. Rising sales of the above 1,000 KW diesel generators has been translating into a robust increase in revenues from the segment.
Brazil and Mexico dominated the regional market in 2019 on an account of growing greenfield investments in manufacturing and other commercial areas.
According to MarkNtel Advisors, the LATAM Diesel Generator market is highly fragmented due to the presence of large numeral of players offering similar products. The leading market players in the LATAM Diesel Generator market include Caterpillar Inc., APR Energy, Atlas Copco AB, Kirloskar Electric, Cummins Inc., Kohler Co., Agreeko PLC., Generac Power Holdings, Inc, etc.
Intense competition in the diesel generator market has been propagating the OEMs operating in the Latin America Diesel Generator market to adopt unique selling proposition techniques and offer cost-effective product lines to the customers.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Latin America Diesel Generator Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations in the Latin America Diesel Generator Market?
Who are the key competitors or market players and how they perform in Latin America Diesel Generator Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Latin America Diesel Generator Market study?
Latin America (LATAM) Diesel Generator Market Policies, Regulations, Product Standards
Latin America (LATAM) Diesel Generator Market Hotspot and Opportunities
Latin America (LATAM) Diesel Generator Market Key Strategic Imperatives for Success and Growth
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Latin America 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 Latin America Diesel Generator Market during 2020-25?
A. The growth rate of Latin America Diesel Generator Market during 2020-25 is forecast to be around 8%.
Q. Who are the key competitors or players operating in Latin America Diesel Generator Market?
A. Caterpillar Inc., APR Energy, Atlas Copco AB, Kirloskar Electric, Cummins Inc., Kohler Co., Agreeko PLC., Generac Power Holdings Inc. are few of the leading players in the Latin America Diesel Generator Market.
Q. Does the report scope cover Latin America 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 ganerator would emerge as an opportunity area for players in Latin America Diesel Generator Market?
A. The The diesel generators with power capacity Up to 30 kW grabbed more than 50% share in terms of units sold and will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Latin America Diesel Generator Market.
1.1. Research Process
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Latin America (LATAM) Diesel Generator Market Outlook, 2015-2025F
4.1. Market Size & Analysis
4.1.1. By Revenues
4.1.2. Units Sold
4.2. Market Share & Analysis
4.2.1. By Application
22.214.171.124. Peak Shaving
126.96.36.199. Standby Power
188.8.131.52. Base Load/Continuous Power
4.2.2. By End User
184.108.40.206. Government & Utilities
220.127.116.11. Oil, Gas & Mining
4.2.3. By Power Rating
18.104.22.168. Upto 30 KW
22.214.171.124. 30.1-60 KW
126.96.36.199. 60.1-150 KW
188.8.131.52. Above 1000 KW
4.2.4. By Country
4.2.5. By Company
184.108.40.206. Revenue Shares
220.127.116.11. Strategic Factorial Indexing
18.104.22.168. Competitor Placement in Markntel Quadrant