Jan. 15, 2014 09:16 UTC

Research and Markets: Marine Gensets Market in the APAC Region 2014-2018 Research Report

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/jn5lr6/marine_gensets) has announced the addition of the "Marine Gensets Market in the APAC Region 2014-2018" report to their offering.

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 this 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.

This 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.

Companies Mentioned

- Caterpillar Inc.

- Cummins Inc.

- Kohler Co.

- Mitsubishi Heavy Industries Ltd.

- ABB Ltd.

- Detroit Tools

- GE Co.

- Generac Holdings Inc.

- Siemens AG

- Yanmar Co. Ltd.

- Daihatsu Motor Co. Ltd.

- and Yamaha Corp.

For more information visit http://www.researchandmarkets.com/research/jn5lr6/marine_gensets

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Source: Research and Markets