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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