Global Low Voltage (LV) Diesel Generators Market 2020-2024

Global Low Voltage (LV) Diesel Generators Market 2020-2024

Technavio has been monitoring the global low voltage (lv) diesel generators market and it is poised to grow by USD 4.62 bn during 2020-2024, progressing at a CAGR of 10% during the forecast period. Our reports on global low voltage (lv) diesel generators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by higher demand for electricity and unreliable grid infrastructure in emerging economies.In addition, adoption of smart monitoring solutions is anticipated to boost the growth of the global low voltage (lv) diesel generators market as well.

Market Segmentation

Technavio's global low voltage (lv) diesel generators market is segmented as below:

End-user:

• Commercial
• Residential
• Industrial

Geographic Segmentation:

• North America
• APAC
• Europe
• South America
• MEA

Key Trends for global low voltage (lv) diesel generators market growth

This study identifies adoption of smart monitoring solutions as the prime reasons driving the global low voltage (lv) diesel generators market growth during the next few years.

Prominent vendors in global low voltage (lv) diesel generators market

We provide a detailed analysis of around 25 vendors operating in the global low voltage (lv) diesel generators market, including some of the vendors such as ABB Ltd., Atlas Copco AB, Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Kirloskar Oil Engines Ltd., Kohler Co., Mitsubishi Heavy Industries Ltd. and Siemens AG .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.