Global Black Start Diesel Generator Market Overview:
A black start process refers to restoring the part of an electric grid or an electric power station to operation without depending on the external electric power transmission system to recover from the total or partial shutdown. The black start diesel generator market has high growth prospects owing to the rise in applications in the oil & gas, power, and manufacturing industries. Further, the rise in demand from the developing economies and the construction of new power plants propelled the growth of the black start diesel generator market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emphasizing On Construction of New Power Plants and Increasing Demand from the Healthcare Sector
Market Growth Drivers:
Growth in the Manufacturing Industry and Rising Application of Black Start Diesel Generators in the Oil and Gas Industry
Challenges:
Availability of Alternate Products
Restraints:
High Installation and Maintenance Costs Associated with Black Start Diesel Generator
Opportunities:
Increasing Demand from the IT & Telecom Industry and Growing Demand from the Developing Countries Owing to Rise in Industrialization
Competitive Landscape:
Major players have adopted various strategies such as product portfolio expansion, mergers and acquisitions, geographic expansion, agreements, and collaborations to increase their market share and strengthen their foothold in the industry.
Some of the key players profiled in the report are Caterpillar Inc. (United States), General Electric (United States), Mitsubishi Heavy Industries Limited (Japan), Cummins, Inc. (United States), MTU Onsite Energy (Germany), Himoinsa S.L. (Spain), Kohler Co. (United States), Man Diesel & Turbo Se. (Germany), Wartsila Corporation (Finland) and Zest Weg Group (South Africa). Additionally, following companies can also be profiled that are part of our coverage like JCB Power Products Broadcrown Ltd. (United Kingdom) and Aggreko PLC (United Kingdom). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Black Start Diesel Generator market by 2028. Considering Market by Power Type, the sub-segment i.e. Below 1000 kW will boost the Black Start Diesel Generator market.
Latest Market Insights:
JCB Power acquired Broadcrown Ltd, a UK-based manufacturer of diesel generator sets. The deal included Broadcrown’s 2,700-sqm assembly and test facility in Staffordshire. This acquisition helped the company to strengthen and extend its generator range.
In 2015, General Electric Co. launched products that have black start capabilities like 6B.03 and LM6000-PF+ gas turbines
What Can be Explored with the Black Start Diesel Generator Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Black Start Diesel Generator Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Black Start Diesel Generator
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Black Start Diesel Generator market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Black Start Diesel Generator market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Power Companies, Black Start Generator Manufacturing Companies, Black Start Generator Component Manufacturers, Government and Research Organizations, Consulting Companies in the Energy Sector, Energy Associations, Environmental Associations, Investment Banks and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.