Energy and Power Black Start Generator Market

Can Future of Black Start Generator Market is Good or Bad The report "Black Start Generator Market by Type (Diesel and Others), by Power Ratings (Below 1,000 kW, 1,000 kW-2,000 kW, 2,000 kW-3,000 kW, and Above 3,000 kW), by Industry (Power, Manufacturing, Oil & Gas, and Others) and by Region - Trends & Forecasts to 2021", The black start generator market is expected to grow from an estimated USD 1.24 Billion in 2016 to USD 1.50 Billion by 2021, at a CAGR of 3.8% from 2016 to 2021. Increasing investment in power generation infrastructure and growth of manufacturing sector are driving the market for black start generators across the world. Browse 60 market data tables with 51 figures spread through 154 pages and in-depth TOC on "Black Start Generator Market - Trends & Forecasts to 2021" Black start diesel generator to dominate the market during the forecast period Amongst the three commonly used types of generators which are diesel, gas, and hybrid; diesel generators have the quickest response, easier fuel sourcing, lowest running cost, and longer running life which are also the factors driving the growth of the diesel generator segment in the black start generator market. Diesel generators held over 90% of the market during the forecast period and are expected to grow at a higher rate as compared to gas and hybrid generators for black start. Gas and hybrid generators are mostly preferred in countries having developed gas distribution network like the U.S, U.K., and Canada. Power industry to hold the major share of the black start generator market during the forecast period The black start generator market is segmented on the basis of industry wh ich includes power plants, manufacturing, oil & gas, and others. The power industry is the major buyer of black start generators and is the key driver for the market. High urbanization and industrialization in emerging economies such as China, India, Indonesia, and Saudi Arabia among others has resulted in high demand for electricity leading to the growth of the power industry across globe, thereby driving the black start generator market. Developed economies such as Germany, the U.S., and Canada have a high power plant retirement rate and are also investing in constructing new power plants, which will further add to black start generator market. The market has been segmented into - On the basis of Type