About Diesel Genset
Generators are devices that ensure continuous power supply to end-users. Diesel generators use diesel as fuel to convert mechanical energy into electrical energy. On the basis of application, they can be classified into the following: Standby, Prime Power, and Peak Shaving. The end-users of diesel gensets are the Industrial, Commercial, Infrastructure, and Residential sectors.
TechNavio's analysts forecast the Diesel Genset market in Mexico to grow at a CAGR of 10.98 percent over the period 2015-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Diesel Genset market in Mexico for the period 2015-2019. The report considers the revenue generated from sales of diesel gensets to determine the market size and the market has been segmented on the basis of application, products, and end-users.
TechNavio's report, the Diesel Genset Market in Mexico, has been prepared based on an in-depth market analysis, with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Diesel Genset market in Mexico landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Diesel Genset Market in Mexico 2015-2019
Technavio recognizes the following companies as the key players in the Diesel Genset Market in Mexico 2015-2019: Caterpillar Inc., Cummins Inc., Generac Holdings Inc. and Kohler Co.
Other Prominent Vendors in the market are: ABB, Eaton, GE, Mitsubishi Heavy Industries and Siemens.
Commenting on the report, an analyst from Technavio’s team said: “A major trend in the market is the increase in the number of manufacturing facilities. The presence of abundant minerals, oil, and cheap labor is attracting companies to open their production plants in Mexico.”
According to the report, the increased investment in infrastructure development is a major factor driving the market. To attract foreign companies and to make Mexico a leading destination for investment, the government of Mexico has increased its infrastructure expenditure.
Further, the report states that the increased use of natural gas for producing electricity is a major challenge in the market.
Caterpillar Inc., Cummins Inc., Generac Holdings Inc. and Kohler Co., ABB, Eaton, GE, Mitsubishi Heavy Industries and Siemens
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