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Chinese Generator Set Market
Frost & Sullivan, Aug 2009, Pages: 54
In China, the generator set (gen-set) market has developed quite rapidly in recent years. 2008 was a particularly year for the Chinese gen-set market. Events such as the snow disaster, the Beijing Olympic Games, the Wenchuan earthquake and the worldwide economic crisis had all facilitated the Chinese gen-set market experiencing an uncommon period of growth. In addition to the global economic factors, there is another important factor, which has led to the recession of the industry, which is the oil price.Therefore, from the perspective of the sector, it is estimated that the diesel-fired gen-set market share would decrease in the future.
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