2012-09-06 17:17:11 - Chinese Generator Sets Market - a new market research report on companiesandmarkets.com
Rapid urbanization and economic growth in China has placed a huge strain on the country´s power supply. The cap on thermal power production broadened the supply-demand gap to 40 million kW in 2011 from 3 million kW in 2010. This disparity is only expected to enlarge in the coming years, giving the generator sets market significant leverage. The market is anticipated to grow at a compound annual growth rate (CAGR) of 21.1 per cent from 2010 to 2017, thanks in no small part to the Government´s $590.84 billion stimulus to the economy during the global downturn. A large share of the stimulus fund was invested in infrastructure projects such as railway, road, airport and power grid construction, which need backup
power.Despite the impressive growth rates, the diesel generator set segment is expected to reach saturation by 2017. Gas generator sets will gain from the slowdown in the diesel segment, as they are better fitted to meet the Chinese Government´s requirements for energy savings and reduction in carbon emission. Apart from lower emissions, these generator sets also have higher power generation capacity, which translates to reduced fuel consumption. The Government´s energy-saving and emission reduction targets are likely to encourage manufacturers to invest in R&D for sustainable development and to fine-tune their technology for better energy efficiency. Fuel savings will be a critical competitive factor with the prices of diesel increasing to $348.6 per ton in 2009-2010. As the continuous hike in the costs of raw materials and volatility in fossil fuel prices have dampened the sales of diesel generator sets, domestic companies must strengthen their R&D in technology and core components. Furthermore, key technological innovations and systems integration must be promoted so that Chinese enterprises can have independent intellectual property rights over them.Market SectorsExpert analysts thoroughly examine the following market sectors in this research:- Diesel generator set
- Gas generator setReport ScopeThis research service analyzes the Chinese generator sets market from the historical and future perspectives. Both diesel and gas-fired generator set segments have been studied in detail and include distribution channel analysis, market engineering measurements, competitive structure, market drivers and restraints, market share, market penetration analysis and future technology trends. This study also compares the top competitors´ base year growth rate, profitability and revenue to indicate the competition situation. Furthermore, this study provides estimates of market size and price trends for each of the segments.
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