During 2015, APAC dominated the global diesel generator market and accounted for a market share of almost 40 percent during the forecast period. Factors such as rapid industrialization and increasing per capita electric power consumption in developing countries in APAC such as India, China, South Korea and Thailand to bolster the growth prospects of the diesel generator market in APAC
The global diesel generator market is characterized by the presence of several well-established international and regional vendors. The market competition is expected to intensify with international players increasing their footprint in the market with more product/service extensions, innovations in technology, strategic alliances, and M&A.