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Marine Gensets Market in the APAC Region 2014-2018

Reportstack has announced a new market research publication on Marine Gensets Market in the APAC Region 2014-2018. The following companies are the key players in the Marine Gensets Market in the APAC Region: Caterpillar Inc., Cummins Inc., Kohler Co., and Mitsubishi Heavy Industries Ltd. “The Marine Gensets market in the APAC region is witnessing an emerging demand for hybrid gensets which run on both gas and diesel. Hybrid gensets are more cost-effective and offer higher fuel efficiency as compared to conventional gensets. Also, hybrid gensets use clean technology and emit fewer greenhouse gases and consume less energy as compared to conventional generators. Thus, the increasing demand for hybrid generators is expected to increase the overall market potential for the Marine Gensets market in the APAC region.”

According to the report, the increasing demand for commercial vessels is one of the major drivers in the Global Marine Gensets market in the APAC region. Many countries in the APAC region such as Indonesia, Vietnam, Japan, and South Korea are experiencing huge business opportunities thereby creating a demand among commercial vessels for marine gensets. Further, the report states that customers expect a continuous support and maintenance of gensets for their improved and seamless business operations. But the lack of this service is one of the major challenges in the Marine Gensets market in the APAC region. 

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/148248/marine-gensets-market-in-the-apac-region-2014-2018.html.