Dallas, Texas (PRWEB) December 07, 2013
The rapid urbanization of the Eastern European countries has led to more diesel gensets vendors entering the Eastern European market. The market provides more opportunities to these vendors because of the increasing infrastructure and industrial activities. The increasing development activities in Poland, the Czech Republic, Hungary, Russia, and Croatia have helped the vendors to shift their business or marketing strategy toward the European market.
Analysts forecast the Diesel Gensets market in Europe (http://www.reportsnreports.com/reports/271338-diesel-gensets-market-in-europe-2014-2018.html) to grow at a CAGR of 4.79 percent over the period 2013-2018. According to the report, one of the major drivers is the increasing public infrastructure project. The increasing construction of railways and airports in European countries has boosted the demand for diesel gensets. Moreover, the increasing transport infrastructure projects also led to the increasing demand for diesel gensets in Europe.
Further, the report states that one of the major challenges in the market is the increasing regulation on environmental conservation. Diesel generators emit harmful substances such as nitrogen oxide, carbon monoxide, and hydrocarbons. This has led the EU to pass stringent rules and regulations pertaining to the control of the emission of gases and noise generated by the diesel generators.
The report recognizes the following companies as the key players in the Diesel Gensets Market in Europe: Caterpillar Inc., Cummins Inc., and Kohler Co.
Other vendors mentioned in the report are ABB Ltd., GE Co., and Siemens AG.
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