Tag Archives: Caterpillar Inc

Asia Pacific Marine Engines Market to Cross $ 4.8 Billion by 2023: Size, Share and Forecast Report by TechSci Research LLC

According to a recently published TechSci Research report Asia Pacific Marine Engines Market Research Report By Type, By Application, By Engine Power Rating, By Country, Competition Forecast & Opportunities, 2023’’, Asia-Pacific marine engines market is forecast to surpass $ 4.8 billion by 2023. The anticipated market growth is led by rising demand from the governments of the various countries in the region for ships and tankers to be used in oil & gas industry, strong standing naval forces of the countries, and rising use of waterways for freight transportation. Moreover, growing demand for cruisers and boats for recreational purposes across different countries of the region is likely to positively influence Asia Pacific marine engines market during the forecast period.

****** Diesel Gensets Market to Cross $ 27 Billion by 2022: Says TechSci Research

According to TechSci Research report ****** Diesel Gensets Market Research Report By Type, By End User, By Region, Competition Forecast & Opportunities, 2012-2022, the ****** diesel gensets market is projected to reach $ 27 billion by the end of 2022, due to growing use of diesel gensets in addressing power requirements across various end-user sectors including industrial, commercial and residential. Diesel gensets find application as a standby source of power, in cases where prime source of power is unable to satisfactorily address electricity requirements. However, diesel gensets are also used as a prime power source as well as for peak shaving purpose. Growing demand for continuous and reliable power supply from various end-user sectors such as healthcare facilities, pharmaceutical industries, manufacturing facilities, transportation & communication systems, data centers, fueling stations, water & sewage facilities, etc., is boosting demand for diesel gensets across the globe.