Global medium speed large generators market forecast and opportunities, 2023 brochure

G l o b a l M e d i u m S p e e d L a r g e G e n e ra to r s M a r ke t By A p p l i c a t i o n , By Re g i o n , C o m p e t i t i o n Fo re c a s t & O p p o r t u n i t i e s , 2013-2023

Published: May 2018

Market Intelligence . Consulting

Ta b l e o f C o n t e n t s S. No.

Contents

1.

Product Overview

2.

Research Methodology

3.

Analyst View

4.

Voice of Customer 4.1.

5.

Brand Satisfaction Level

Global Medium Speed Large Generators Market Outlook 5.1.

5.2.

5.3.

Market Size & Forecast 5.1.1.

By Value

5.1.2.

By Volume

Market Share & Forecast 5.2.1.

By Application (Power Generation & CHP)

5.2.2.

By Region

5.2.3.

By Company

Market Dynamics 5.3.1.

6.

Opportunity Analysis/ Market Attractiveness Index

APAC Medium Speed Large Generators Market Outlook 6.1.

6.2.

6.3.

Market Size & Forecast 6.1.1.

By Value

6.1.2.

By Volume

Market Share & Forecast 6.2.1.

By Application (Power Generation & CHP)

6.2.2.

By Company

6.2.3.

By Country

Market Dynamics 6.3.1.

Opportunity Analysis/ Market Attractiveness Index

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Contents 6.4.

Bangladesh Medium Speed Large Generators Market Outlook 6.4.1.

6.4.2.

6.4.3.

6.5.

Market Size & Forecast 6.4.1.1.

By Value

6.4.1.2.

By Volume

Market Share & Forecast 6.4.2.1.

By Application (Power Generation & CHP)

6.4.2.2.

By Region

6.4.2.3.

By Company

Market Dynamics 6.4.3.1.

Market Drivers

6.4.3.2.

Market Threats

6.4.3.3.

Opportunity Analysis/ Market Attractiveness Index

Indonesia Medium Speed Large Generators Market Outlook 6.5.1.

6.5.2.

6.5.3.

Market Size & Forecast 6.5.1.1.

By Value

6.5.1.2.

By Volume

Market Share & Forecast 6.5.2.1.

By Application (Power Generation & CHP)

6.5.2.2.

By Region

Market Dynamics 6.5.3.1.

Market Drivers

6.5.3.2.

Market Threats

6.5.3.3.

Opportunity Analysis/ Market Attractiveness Index

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Contents 6.6.

India Medium Speed Large Generators Market Outlook 6.6.1.

6.6.2.

6.6.3.

6.7.

Market Size & Forecast 6.6.1.1.

By Value

6.6.1.2.

By Volume

Market Share & Forecast 6.6.2.1.

By Application (Power Generation & CHP)

6.6.2.2.

By Region

6.6.2.3.

By Company

Market Dynamics 6.6.3.1.

Market Drivers

6.6.3.2.

Market Threats

6.6.3.3.

Opportunity Analysis/ Market Attractiveness Index

Myanmar Medium Speed Large Generators Market Outlook 6.7.1.

6.7.2.

6.7.3.

Market Size & Forecast 6.7.1.1.

By Value

6.7.1.2.

By Volume

Market Share & Forecast 6.7.2.1.

By Application (Power Generation & CHP)

6.7.2.2.

By Region

Market Dynamics 6.7.3.1.

Market Drivers

6.7.3.2.

Market Threats

6.7.3.3.

Opportunity Analysis/ Market Attractiveness Index

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Contents 6.8.

South Korea Medium Speed Large Generators Market Outlook 6.8.1.

6.8.2.

6.8.3.

6.9.

Market Size & Forecast

6.8.1.1.

By Value

6.8.1.2.

By Volume

Market Share & Forecast 6.8.2.1.

By Application (Power Generation & CHP)

6.8.2.2.

By Region

Market Dynamics 6.8.3.1.

Market Drivers

6.8.3.2.

Market Threats

6.8.3.3.

Opportunity Analysis/ Market Attractiveness Index

China Medium Speed Large Generators Market Outlook 6.9.1.

6.9.2.

6.9.3.

Market Size & Forecast 6.9.1.1.

By Value

6.9.1.2.

By Volume

Market Share & Forecast 6.9.2.1.

By Application (Power Generation & CHP)

6.9.2.2.

By Region

Market Dynamics 6.9.3.1.

Market Drivers

6.9.3.2.

Market Threats

6.9.3.3.

Opportunity Analysis/ Market Attractiveness Index

5 TechSci Research

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Contents 6.10.

Sri Lanka Medium Speed Large Generators Market Outlook 6.10.1.

6.10.2.

6.10.3.

7.

Market Size & Forecast

6.10.1.1.

By Value

6.10.1.2.

By Volume

Market Share & Forecast 6.10.2.1.

By Application (Power Generation & CHP)

6.10.2.2.

By Region

6.10.2.3.

By Company

Market Dynamics 6.10.3.1.

Market Drivers

6.10.3.2.

Market Threats

6.10.3.3.

Opportunity Analysis/ Market Attractiveness Index

Africa Medium Speed Large Generators Market Outlook 7.1.

7.2.

7.3.

Market Size & Forecast 7.1.1.

By Value

7.1.2.

By Volume

Market Share & Forecast 7.2.1.

By Application (Power Generation & CHP)

7.2.2.

By Company

7.2.3.

By Country

Market Dynamics 7.3.1.

6

Opportunity Analysis/ Market Attractiveness Index TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 7.4.

Nigeria Medium Speed Large Generators Market Outlook 7.4.1.

7.4.2.

7.4.3.

7.5.

Market Size & Forecast

7.4.1.1.

By Value

7.4.1.2.

By Volume

Market Share & Forecast 7.4.2.1.

By Application (Power Generation & CHP)

7.4.2.2.

By Region

Market Dynamics 7.4.3.1.

Market Drivers

7.4.3.2.

Market Threats

7.4.3.3.

Opportunity Analysis/ Market Attractiveness Index

Kenya Medium Speed Large Generators Market Outlook 7.5.1.

7.5.2.

7.5.3.

Market Size & Forecast 7.5.1.1.

By Value

7.5.1.2.

By Volume

Market Share & Forecast 7.5.2.1.

By Application (Power Generation & CHP)

7.5.2.2.

By Region

Market Dynamics 7.5.3.1.

Market Drivers

7.5.3.2.

Market Threats

7.5.3.3.

Opportunity Analysis/ Market Attractiveness Index

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Contents 7.6.

Tanzania Medium Speed Large Generators Market Outlook 7.6.1.

7.6.2.

7.6.3.

7.7.

Market Size & Forecast

7.6.1.1.

By Value

7.6.1.2.

By Volume

Market Share & Forecast 7.6.2.1.

By Application (Power Generation & CHP)

7.6.2.2.

By Region

Market Dynamics 7.6.3.1.

Market Drivers

7.6.3.2.

Market Threats

7.6.3.3.

Opportunity Analysis/ Market Attractiveness Index

Uganda Medium Speed Large Generators Market Outlook 7.7.1.

7.7.2.

7.7.3.

Market Size & Forecast 7.7.1.1.

By Value

7.7.1.2.

By Volume

Market Share & Forecast 7.7.2.1.

By Application (Power Generation & CHP)

7.7.2.2.

By Region

Market Dynamics 7.7.3.1.

Market Drivers

7.7.3.2.

Market Threats

7.7.3.3.

Opportunity Analysis/ Market Attractiveness Index

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Ta b l e o f C o n t e n t s S. No. 8.

Contents Middle East Medium Speed Large Generators Market Outlook 8.1.

8.2.

8.3.

Market Size & Forecast 8.1.1.

By Value

8.1.2.

By Volume

Market Share & Forecast 8.2.1.

By Application (Power Generation & CHP)

8.2.2.

By Company

8.2.3.

By Country

Market Dynamics 8.3.1.

8.4.

Opportunity Analysis/ Market Attractiveness Index

Saudi Arabia Medium Speed Large Generators Market Outlook 8.4.1.

8.4.2.

8.4.3.

Market Size & Forecast 8.4.1.1.

By Value

8.4.1.2.

By Volume

Market Share & Forecast 8.4.2.1.

By Application (Power Generation & CHP)

8.4.2.2.

By Region

Market Dynamics 8.4.3.1.

Market Drivers

8.4.3.2.

Market Threats

8.4.3.3.

Opportunity Analysis/ Market Attractiveness Index

9 TechSci Research

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Contents 78.5.

Kuwait Medium Speed Large Generators Market Outlook 8.5.1.

8.5.2.

8.5.3.

8.6.

Market Size & Forecast 8.5.1.1.

By Value

8.5.1.2.

By Volume

Market Share & Forecast 8.5.2.1.

By Application (Power Generation & CHP)

8.5.2.2.

By Region

Market Dynamics 8.5.3.1.

Market Drivers

8.5.3.2.

Market Threats

8.5.3.3.

Opportunity Analysis/ Market Attractiveness Index

UAE Medium Speed Large Generators Market Outlook 8.6.1.

8.6.2.

8.6.3.

Market Size & Forecast 8.6.1.1.

By Value

8.6.1.2.

By Volume

Market Share & Forecast

8.6.2.1.

By Application (Power Generation & CHP)

8.6.2.2.

By Region

Market Dynamics 8.6.3.1.

Market Drivers

8.6.3.2.

Market Threats

8.6.3.3.

Opportunity Analysis/ Market Attractiveness Index

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Contents 8.7.

Iran Medium Speed Large Generators Market Outlook 8.7.1.

8.7.2.

8.7.3.

8.8.

Market Size & Forecast 8.7.1.1.

By Value

8.7.1.2.

By Volume

Market Share & Forecast 8.7.2.1.

By Application (Power Generation & CHP)

8.7.2.2.

By Region

Market Dynamics 8.7.3.1.

Market Drivers

8.7.3.2.

Market Threats

8.7.3.3.

Opportunity Analysis/ Market Attractiveness Index

Qatar Medium Speed Large Generators Market Outlook 8.8.1.

8.8.2.

8.8.3.

Market Size & Forecast 8.8.1.1.

By Value

8.8.1.2.

By Volume

Market Share & Forecast

8.8.2.1.

By Application (Power Generation & CHP)

8.8.2.2.

By Region

Market Dynamics 8.8.3.1.

Market Drivers

8.8.3.2.

Market Threats

8.8.3.3.

Opportunity Analysis/ Market Attractiveness Index

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Contents 8.9.

Bahrain Medium Speed Large Generators Market Outlook 8.9.1.

8.9.2.

8.9.3.

9.

Market Size & Forecast 8.9.1.1.

By Value

8.9.1.2.

By Volume

Market Share & Forecast 8.9.2.1.

By Application (Power Generation & CHP)

8.9.2.2.

By Region

Market Dynamics 8.9.3.1.

Market Drivers

8.9.3.2.

Market Threats

8.9.3.3.

Opportunity Analysis/ Market Attractiveness Index

Europe Medium Speed Large Generators Market Outlook 9.1.

9.2.

9.3.

Market Size & Forecast 9.1.1.

By Value

9.1.2.

By Volume

Market Share & Forecast

9.2.1.

By Application (Power Generation & CHP)

9.2.2.

By Company

9.2.3.

By Country

Market Dynamics 9.3.1.

9.4.

Opportunity Analysis/ Market Attractiveness Index

Germany Medium Speed Large Generators Market Outlook

9.4.1.

12

Market Size & Forecast TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents

9.4.2.

9.4.3.

9.5.

By Value

9.4.1.2.

By Volume

Market Share & Forecast 9.4.2.1.

By Application (Power Generation & CHP)

9.4.2.2.

By Region

Market Dynamics 9.4.3.1.

Market Drivers

9.4.3.2.

Market Threats

9.4.3.3.

Opportunity Analysis/ Market Attractiveness Index

France Medium Speed Large Generators Market Outlook 9.5.1.

9.5.2.

9.5.3.

9.6.

9.4.1.1.

Market Size & Forecast 9.5.1.1.

By Value

9.5.1.2.

By Volume

Market Share & Forecast 9.5.2.1.

By Application (Power Generation & CHP)

9.5.2.2.

By Region

Market Dynamics 9.5.3.1.

Market Drivers

9.5.3.2.

Market Threats

9.5.3.3.

Opportunity Analysis/ Market Attractiveness Index

United Kingdom Medium Speed Large Generators Market Outlook

9.6.1.

Market Size & Forecast 9.6.1.1.

By Value

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Contents 9.6.1.2.

9.6.2.

9.6.3.

10.

By Volume

Market Share & Forecast 9.6.2.1.

By Application (Power Generation & CHP)

9.6.2.2.

By Region

Market Dynamics 9.6.3.1.

Market Drivers

9.6.3.2.

Market Threats

9.6.3.3.

Opportunity Analysis/ Market Attractiveness Index

South America Medium Speed Large Generators Market Outlook 10.1.

10.2.

10.3.

Market Size & Forecast 10.1.1.

By Value

10.1.2.

By Volume

Market Share & Forecast 10.2.1.

By Application (Power Generation & CHP)

10.2.2.

By Company

10.2.3.

By Country

Market Dynamics 10.3.1.

10.4.

Opportunity Analysis/ Market Attractiveness Index

Brazil Medium Speed Large Generators Market Outlook 10.4.1.

Market Size & Forecast 10.4.1.1.

14

By Value TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 10.4.1.2.

10.4.2.

10.4.3.

10.5.

Market Share & Forecast 10.4.2.1.

By Application (Power Generation & CHP)

10.4.2.2.

By Region

Market Dynamics 10.4.3.1.

Market Drivers

10.4.3.2.

Market Threats

10.4.3.3.

Opportunity Analysis/ Market Attractiveness Index

Peru Medium Speed Large Generators Market Outlook 10.5.1.

10.5.2.

10.5.3.

11.

By Volume

Market Size & Forecast 10.5.1.1.

By Value

10.5.1.2.

By Volume

Market Share & Forecast 10.5.2.1.

By Application (Power Generation & CHP)

10.5.2.2.

By Region

Market Dynamics 10.5.3.1.

Market Drivers

10.5.3.2.

Market Threats

10.5.3.3.

Opportunity Analysis/ Market Attractiveness Index

North America Medium Speed Large Generators Market Outlook 11.1.

Market Size & Forecast 11.1.1.

15

By Value TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 11.1.2.

11.2.

11.3.

Market Share & Forecast 11.2.1.

By Application (Power Generation & CHP)

11.2.2.

By Company

11.2.3.

By Country

Market Dynamics 11.3.1.

11.4.

Opportunity Analysis/ Market Attractiveness Index

USA Medium Speed Large Generators Market Outlook 11.4.1.

11.4.2.

11.4.3.

11.5.

By Volume

Market Size & Forecast 11.4.1.1.

By Value

11.4.1.2.

By Volume

Market Share & Forecast 11.4.2.1.

By Application (Power Generation & CHP)

11.4.2.2.

By Region

Market Dynamics 11.4.3.1.

Market Drivers

11.4.3.2.

Market Threats

11.4.3.3.

Opportunity Analysis/ Market Attractiveness Index

Mexico Medium Speed Large Generators Market Outlook 11.5.1.

Market Size & Forecast 11.5.1.1.

By Value

11.5.1.2.

By Volume

16 TechSci Research

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Contents 11.5.2.

11.5.3.

11.6.

Market Share & Forecast 11.5.2.1.

By Application (Power Generation & CHP)

11.5.2.2.

By Region

Market Dynamics 11.5.3.1.

Market Drivers

11.5.3.2.

Market Threats

11.5.3.3.

Opportunity Analysis/ Market Attractiveness Index

Canada Medium Speed Large Generators Market Outlook 11.6.1.

11.6.2.

11.6.3.

Market Size & Forecast 11.6.1.1.

By Value

11.6.1.2.

By Volume

Market Share & Forecast 11.6.2.1.

By Application (Power Generation & CHP)

11.6.2.2.

By Region

Market Dynamics 11.6.3.1.

Market Drivers

11.6.3.2.

Market Threats

11.6.3.3.

Opportunity Analysis/ Market Attractiveness Index

12.

Market Trends & Developments

13.

Sales & Distribution Channel Analysis 13.1.

List of Major Distributors & Dealers Along with Contact Details

13.2.

Benchmarking of Major Dealer/ Distributors

17 TechSci Research

Ta b l e o f C o n t e n t s Contents 13.3.

Channel Partner Survey Analysis

14.

Medium Speed Large Generators Pricing Analysis

15.

Competitive Landscape 15.1.

Competition Matrix

15.2.

Company Profiles 15.2.1.

Hyundai Heavy Industries

15.2.2.

Wartsila Corporation

15.2.3.

Rolls Royce Power Systems AG

15.2.4.

Vpower Group

15.2.5.

Caterpillar Inc.

15.2.6.

Powerica Limited

15.2.7.

Aggreko PLC

15.2.8.

Ningbo C.S.I Power & Machinery Group Co. Ltd.

15.2.9.

Tellhow Sci-Tech Co Ltd

15.2.10.

Daihatsu Diesel Mfg. Co. Ltd.

15.2.11.

General Electric (GE)

16.

Strategic Recommendations

17.

About Us & Disclaimer

18 TechSci Research

Product Overview The genset or the engine-generator set, also termed simply as ‘generator set’, usually consists of an engine coupled to an alternator to produce electricity. ➢

The size of the genset is inversely related to the speed of the engine, measured in revolutions/minute (rpm).

Large generator sets come with engines of lower and medium rpm and small gensets come with engines of high rpm.

➢

The speed of the engine used in gensets ranges between 100 rpm and 3600 rpm. The medium speed gensets offer a stable power supply and are used in power plants to provide power during emergency in case of power failures. They are also used in case of combined Heat & Power (CHP) systems.

Medium Speed

Generator Classification, By Fuel Type The speed varies between 500 rpm and 1300 rpm.

Generators

Diesel

Bio-Diesel

Natural Gas

Liquefied Petroleum Gas

Application

Alternate Liquid Fuel Engine

➢ Power Generation ➢ Combined Heat and Power Systems

Medium Fuel Oil

Light Fuel Oil

Heavy Fuel Oil

➢ Marine Application

19 TechSci Research

Research Methodology Market Profiling In-depth secondary research was conducted to determine the global medium speed large generators market size.

Data Collection

Data Filter & Analysis

Research & Intelligence

Actionable Insights

Business Solution

Formulating Questionnaire In order to conduct interviews of industry experts, TechSci Research formulated a detailed questionnaire.

Developing List of Respondents



Identifying Key Opinion Leaders

 

Questionnaire Design In-depth Interviews

A Primary Research

List of industry players such as medium speed large generator manufacturers, suppliers, associations and consumers was prepared.

Recent Developments



Market Dynamics

 Government B Policies Desk Research  Final Conclusion

Data Collection TechSci Research conducted interviews with industry experts and players for data collection and verification.





Market Participants



Key Challenges



Growth Drivers

C Company Analysis

Data Validation Data obtained as a result of primary and secondary research was validated through rigorous triangulation.

Data Analysis Data was scrutinized using MS-Excel and statistical tools such as Time Series Analysis, etc., to obtain qualitative and quantitative insights about the global medium speed large generators market.

Primary Research  

TechSci Internal Database Interview with Key Opinion Leaders

Secondary Research      

Company Website Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body, Associations, etc.

20 TechSci Research

Research Methodology

Short Term

Forecasting Methodology

Global Medium Speed Large Generators Market

Medium Term

Long Term

Optimistic

XX% + 4% CAGR

D1 • Market indicators expected to outperform during the forecast period • Market expected to gain traction with increasing impact of drivers

D2

D3 • Qualitative to quantitative conversion • Assigning weightage to drivers • Statistical evaluation • Developing the actual forecast based on both the cases

XX% CAGR

Conservative • Market indicators expected to perform at average level during the forecast period.

• Market expected to slow down with decreasing impact of drivers.

Short Term

Medium Term

Long Term

XX% + 2% CAGR

D1 XX% + 4% CAGR

D2

Likely

D3

Degree of Impact

High

Medium

Low

21 TechSci Research

Research Methodology

HIGH

5.8%

5.4%

5.2%

EXPECTED

5.6%

5.0%

4.8%

LOW

GROWTH FACTOR

This scenario is characterized by higher impact of economic and market growth factors on the global medium speed large generators market.

IMPACT OF GROWTH DRIVERS

This scenario is characterized by moderate impact of economic and market growth factors on the global medium speed large generators market

In this scenario, impact of economic as well as market growth factors is comparatively very low on the global medium speed large generators market

22 TechSci Research

Industry Brief Power Deficit Southeast Asian and African Countries to Drive Global Medium Speed Large Generators Market According to TechSci Research report “Global Medium Speed Large Generators Market, By Application, By Region, Competition Forecast & Opportunities, 2013 – 2023’’, medium speed large generators market, globally, is forecast to grow at a CAGR of more than 14% during 2018 - 2023. South East Asian & African countries are expected to be the primary market drivers, as they account for the largest demand supply gap of electricity across the globe. High scarcity of power in a country leads to increasing adoption of medium speed large generators. Moreover, industrial and commercial sectors require reliable and uninterrupted supply of electricity, thus deploying a liquid fuel-based medium speed large generator is more of a necessity in these application areas.

Power generation application accounted for the largest share in the global medium speed large generators market in 2017, followed by CHP (Combined Heat & Power), and the segment is anticipated to maintain its market dominance during the forecast period as well, on account of increasing number of nuclear power plants. Growing demand for modular power plants in power deficit areas across the world is also expected to drive demand for medium speed large generators over the coming years. Some of the major market players operating across the globe include Vpower Group, Hyundai Heavy Industries, Rolls Royce Power Systems AG, and Ningbo C.S.I Power & Machinery Group Co. Ltd., among others.

“Over the last few years, insufficient capacity and inefficiency of the power grids were among the major factors boosting demand for medium speed large generators, globally. Adoption of new technological solutions in manufacturing medium speed large generators and increasing focus on distribution channels, especially in underpenetrated regions, are among the primary factors that are expected to enable leading players in increasing their sale volume in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

23 TechSci Research

Sample Data-Snapshot Figure

21:

Generators

Asia

Pacific

Market

Medium

Speed

Attractiveness

Large

Index,

By

Figure 7: Global Electricity Trade Balance, By

Figure

4:

Global

Region, 2016 (TWh)

Generators Market Share, By Application, By

Speed

Large

Value, 2017 & 2023F

Application,

2017

By Value, 2017-2023F 12.00%

Medium

Power Generation

10.00%

Power Generation, 50.00%

CHP, 50.00%

8.00% 6.00%

CHP

CIS

4.00%

South America

Africa

Europe

Middle East

North America

Asia

2023F

Figure 10: Global Electricity Generation, By Fuel, 2013-

2.00%

2017 (Trillion kWh)

0.00% 0

Figure

0.2

18:

0.4

APAC

0.6

0.8

Medium

Speed

1

1.2 CHP, 50.00%

Large

Power Generation, 50.00%

Generators Market Share, By Company, By Value, 2017 & 2023F

2023F Others, 10.00%

Hyundai Heavy Industries , 10.00%

Man Turbo AG, 10.00%

Wartsila Corporat ion, 10.00% Roll Royce Power Systems AG, 10.00%

2013

2014

2015

2016

2017

Renewable

10.00

10.00

10.00

10.00

10.00

Nuclear

20.00

20.00

20.00

20.00

20.00

Natural Gas

30.00

30.00

30.00

30.00

30.00

Coal

40.00

40.00

40.00

40.00

40.00

Brand Satisfaction Level wrt Pricing

Tellhow Sci-Tech Co Ltd Ningbo C.S.I Power & Machinery‌ Figure 22: Bangladesh Medium Speed Large Generators Market General Electric (GE) Size, By Value, 2013-2023F (USD Million) Diahatsu Diesel Mfg. Co. Ltd. 2013 2017

2018E 2023F

CAGR: X%

CAGR: X%

Caterpillar Inc. Vpower Group Aggreko PLC

2013 2014 2015 2016 2017

Source: XXXXX Note: These are dummy figures; please purchase our report for actual data

2018E 2019F 2020F 2021F 2022F 2023F

Rolls Royce Power Systems AG Wartsila Corporation Hyundai Heavy Industries

24 TechSci Research

Report Ordering

Report Name: Global Medium Speed Large Generators Market, By Application, By Region, Competition Forecast & Opportunities, 2023

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