Insights and Analysis of the Mexico Diesel Generator Market (2021-2026):
MarkNtel Advisors a prominent market research firm, has recently published a report entitled Mexico Diesel Generator Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026.
The Mexico Diesel Generator Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2021-26.
Key Points of the Mexico Diesel Generator Market Report:
Report Coverage
-Historical Data: 2016-19
-Base Year: 2020
-Forecast Period: 2021-26
What does the term Diesel Generator refer to?
A diesel generator produces electrical energy from the chemical energy contained in the diesel fuel. The prime components of diesel generators include a diesel engine, an AC alternator, fuel tank, control panel, & radiator. These generators are highly beneficial during power outages and can be used either as an emergency power backup system or a primary electricity source. Since they provide uninterrupted & a continuous flow of energy, their adoption is rising significantly across commercial, industrial, & residential sectors of Mexico for various applications due to increasing power outages & transmission failures across the country.
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What factors are steering the Mexico Diesel Generator Market growth?
Escalating Need to Address Issues like Power Outages
Since a majority of industries run their business operations from physical facilities, they tend to require a continuous flow of power. However, failures in distribution networks & transmission due to climate changes, cable defects, etc., can cause difficulties & massive financial loss to companies. Therefore, both private & public industries are swiftly adopting measures to integrate a standby source like diesel generators for an uninterrupted energy flow across these industries.
The market segmentation includes the following categories, as delineated in the Mexico Diesel Generator Market report:
-By Power Rating
-Upto 5 KVA
-5.1 KVA to 75KVA
-75.1 KVA to 375 KVA
-375.1 to 750 KVA
-750.1 KVA to 1000 KVA
-Above 1000 KVA
-By Power Supply
-Low Power Diesel Generator
-Medium Power Diesel Generator
-Higher Power Diesel Generator
-By Type
-Stand By
-Prime & Continuous Power
-Peak Shaving
-By End User
-Commercial Sector
-Industrial Sector
-Residential Sector
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-By Region
-North
-South
-Central
The industry's key players are covered in the Mexico Diesel Generator Market report, including:
Caterpiller Inc., APR Energy, Cummins Inc., Kohler Co., Agreeko PLC., Generac México, S.A. de C.V., Atlas Copco AB
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