Market Forecast By KVA Ratings (5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA And Above 1000 KVA), By Applications (Commercial, Residential, Industrial, Transportation, And Infrastructure) And Competitive Landscape.
According to 6Wresearch, the Europe Diesel Generator Market size is projected to grow at a CAGR of 1.5% during 2019–25 . Germany and Russia are anticipated to dominate the market during the forecast period on the back of increased demand for apartments, cumulative company investment in industrial buildings, and higher state spending on roads, bridges, ports, and railways. Moreover, according to Deutsche bank, “over 370,000 new apartments on average are forecast to be completed between 2018 and 2020 in order to cater to the escalating demand for apartments in Germany”, which would further propel the demand for diesel Gensets across the region.
Europe diesel genset market is projected to witness a moderate growth rate during the forecast period on account of increasing demand for power backup solution and rise in electricity demand in the region. Further, growing projects in industrial and commercial sectors are also anticipated to boost the demand for diesel generator across the region over the coming years.
For Latest Press Release : https://www.6wresearch.com/press-release/europe-diesel-genset-market-is-expected-to-grow-at-a-cagr-of-15-during-the-forecast-period-2019-25
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