Industry Background:
A black start generator is a power generation unit that provides the power plants with the initial power backup during a blackout without depending on any external electric source. Black start generators have a minimum power output of 20 MW generally and they provide a fast start-up to the primary turbine generators. They are majorly used in hydro, thermal, and nuclear power plants. The emergence of black start power generators has helped industrial power plants to survive complete blackouts due to technical or natural disasters and keep the processes ongoing to meet the end-users demands. Properties like easy fuel sourcing, longer life span, and low emissions have made black start diesel generators, the majorly used black start generators by type.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Mitsubishi Heavy Industries Ltd. (Japan), General Electric Co. (United States), Generac Holdings Inc. (United States), Cummins Inc. (United States), Caterpillar Inc. (United States), MTU Onsite Energy (Germany), Himoinsa S.L. (Spain), JCB Power Products BroadcrownLtd. (England), Aggreko PLC (United Kingdom) and Man Diesel & Turbo Se (Germany) |
This growth is primarily driven by Construction of New Power Plants and Growth of the Manufacturing Sector.
Globally, a noticeable market trend is evident Advancement in Technology Major Manufacturers, such as Mitsubishi Heavy Industries Ltd. (Japan), General Electric Co. (United States), Generac Holdings Inc. (United States), Cummins Inc. (United States), Caterpillar Inc. (United States), MTU Onsite Energy (Germany), Himoinsa S.L. (Spain), JCB Power Products BroadcrownLtd. (England), Aggreko PLC (United Kingdom) and Man Diesel & Turbo Se (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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.
Key Developments in the Market:
In August 2022, Cummins Inc. announced that it completed its acquisition of Meritor, Inc. a leading supplier of drivetrain, mobility, and electric powertrain solutions for commercial vehicle and industrial markets.
Cummins Power Generation had come up with a series QSV91 in which all the products have black start capability
Influencing Trend:
Advancement in Technology
Market Growth Drivers:
Construction of New Power Plants and Growth of the Manufacturing Sector
Challenges:
Problems Associated with Logistics & Supply
Restraints:
High Installation and Maintenance Cost and Availability of Alternatives
Opportunities:
Demand for Black Start in Healthcare Industry and Rise of the IT & Telecom Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Black Start Generator Market
- Analysis about New Entrants in Black Start Generator Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Black Start Generator Study Sheds Light on
The Black Start Generator Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Black Start Generator industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Black Start Generator industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.