Some of the leading players in the black start generator market include GE (U.S.), Mitsubishi Heavy Industries Ltd. (Japan), Caterpillar Inc. (U.S.), MTU Onsite Energy (Germany), and Cummins Inc. (U.S.). Contracts and Agreements was the most adopted strategy followed by black start generator market players.
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The market has been segmented into -
On the basis of Type
·
Diesel
·
Others
On the basis of Power Rating
·
Below 1,000 kW
·
1,000 kW-2,000 kW
·
2,000 kW-3,000 kW
·
Above 3,000 kW
On the basis of Industry
·
Power
o
Thermal
o
Nuclear
o
Hydro
·
Manufacturing
·
Oil & Gas
·
Others
On the basis of Region
·
North America
·
South America
·
Asia-Pacific
·
Middle East & Africa
·
Europe
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The Middle East is witnessing the growth of manufacturing industries such as aluminium smelting, and automobile. The UAE, Saudi Arabia, and Egypt are among the top emerging manufacturing markets in the world and are expected to become a pivotal market for the industry. Moreover, these countries are also investing in their power generation sector to meet the growing demand. These factors are likely to create good business opportunities for black start generator manufacturers in the region.
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In terms of fuel type, diesel generators are expected to dominate the market across globe. Diesel is easily available in the market and is easy to store, moreover, diesel generators have a faster response time, lower running cost, and longer running life. Moreover, few countries have also exempted black start generators from generator emission norms, thereby giving consumers an easier choice between diesel and other fuels. However, the gas-based generator market is expected to grow in countries with developed gas pipeline distribution network. Gas generators have cheaper equipment and lower fuel cost when compared to diesel generators making them a cost effective and environment friendly black start option. Technological advancement has also brought about gas generators with longer running life. In spite of these advantages, gas generators are still a long way from becoming market leaders.
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