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Black Start Generator Market Expected To Reach Usd 1.50 Billion By 2021

By Author: Akshay
Total Articles: 138

Black start generators are the perfect solution to kick start power plants in case of a black out. These generators reduce starting time of primary generator in power plants by providing power for auxiliaries such as boiler feed pump, induced draft fan, forced draft fan, and circulating water pumps among others which can further run the entire power plant. Factors driving the black start generator market include growth of the power generation sector, mainly thermal and nuclear power plants and lack of power distribution infrastructure.
Some of the leading players in the black start generator market include GE (U.S.), Mitsubishi Heavy Industries Ltd. (Japan), Caterpillar Inc. (U.S.), MTU Onsite Energy (Germany), and Cummins Inc. (U.S.). Contracts and Agreements was the most adopted strategy followed by black start generator market players.
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The market has been segmented into -
On the basis of Type
• Diesel
• Others
On the basis of Power Rating
• Below 1,000 kW
• 1,000 kW-2,000 kW
• 2,000 kW-3,000 kW
• Above 3,000 kW
On the basis of Industry
• Power
o Thermal
o Nuclear
o Hydro
• Manufacturing
• Oil & Gas
• Others
On the basis of Region
• North America
• South America
• Asia-Pacific
• Middle East & Africa
• Europe
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Research Methodology
This research study involves extensive usage of secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial aspect of the black start generator. The flow of the research methodology is explained below.
• Analysis of key operational and upcoming power black start generator projects across the globe along with type and capacity
• Analysis of country-wise rate of thermal, nuclear, and hydro power plant additions for the past three years
• Analysis of new oil & gas upstream operations, manufacturing of new rigs, and construction of refineries; Key manufacturing industries with captive power plants across the globe
• Estimation of installation cost of black start generator in various regions using average cost
• Analyzing market trends in various regions/ and countries supported by the on-going T&D infrastructure spending in respective regions/ countries
• Overall market size values are finalized by triangulation with the supply side data which include the product developments, supply chain and annual shipments of generators across the globe
Market Ecosystem
The Black start generator market starts with raw material suppliers which include engine providers, AC generator head, and DC alternator and so on. In the later stage, manufacturing of black start generator takes place where all raw materials are assembled. These devices are then sent to distributors, suppliers, and industries.
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Stakeholders
• Power companies
• Black start generator manufacturing companies
• Black start generator component manufacturers
• Government and research organizations
• Consulting companies in the energy sector
• Energy associations
• Environmental associations
• Investment banks
Asia-Pacific leads in terms of growth rate as well as market size from 2016 to 2021. High growth of power generation and IT & telecom sectors and new and proactive policy reforms to support growth of manufacturing sector in India and China are the major factors driving the market in this region. China is estimated to be the largest market growing at decent rate during 2016–2021, whereas India is likely to be the highest growing market in the region with highest growth rate from 2016 to 2021.
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MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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