Power Systems Research Forecasts 9.5% International Growth for Gen-Sets in 2016
Request a sample copy or place your order at email@example.com.
BRUSSELS (Dec. 4, 2015)--PowerTracker™ International surveys 2015 results released today provide an optimistic view on the outlook for power generation sales in 2016.
PowerTracker™ International and Powertracker™ North America are barometer surveys conducted on a regular basis to monitor the market trends and demand for all engine-powered generator sets across key markets.
The surveys conducted by Power Systems Research (PSR) covered several countries including Austria, Belgium, Netherlands, Luxembourg, Brazil, Czech Republic, Egypt, France, Germany, Italy, Malta, Saudi Arabia, Lebanon, Poland, Qatar, Romania, Russia & Belarus, Spain, Switzerland, Turkey, United Arab Emirates, UK and Ireland.
Distributors and dealers surveyed forecast a growth of 9.5% in 2016. The highest distributor and dealer growth estimates are from Middle East and Western Europe with some growth expected in Brazil and Russia. The survey included interviews with 261 distributors and dears..
The top most mentioned gen-set brands include: SDMO, Pramac, Honda, FG Wilson, Perkins, Mitsubishi and Volvo Penta. The most mentioned engine brands include Cummins, Volvo Penta, Mitsubishi and Honda. Brand confusion remains across all markets with over 107 gen-set brand names mentioned and 113 engine brands mentioned which include alternator, components or other equipment brands.
67% of total generator sets sold by year end 2015 will be diesel powered engines. This is an increase of 3% versus 2014. Natural gas powered equipment represented 7% of total sold, an increase of 1% over 2014
There’s also an increasing trend of gen-set manufacturers selling directly to end users and distributors supporting the installation and after sales service.
Distributors sold to industrial and rental customers at a higher rate compared to commercial, private consumers and institutions than in 2014. Gen-set applications increased for peak shaving and base load uses. Cogeneration, Portable, Standby and Temporary applications were marginally lower than 2014.
The full report details distributor and dealer feedback on current and future market conditions. Key topical trends and issues are gathered including - sales activity, purchasing patterns, inventory changes, factors impacting demand and supply and country specific issues.
Power Systems Research (PSR) is the leading global supplier of market information to the engine, power products and components industries. With offices in North America, South America, Europe, Middle East, Russia and Asia, PSR has maintained close relationships with the world's most important vehicle and components suppliers for nearly 40 years. Since the company was founded in 1976 its mission has been to be the authoritative source of market information and business intelligence for the global vehicle, machinery and power products industries.