21–22 The Best Forecast Of |Future Of Old & Used Diesel Generators
Future Of Old & Used Diesel Generators
In this post on Future Of Old & Used Diesel Generators, we will discuss about the past history, present trend and future trend Future Of Old & Used Diesel Generators.
Past History
During recent years, we have seen a declined demand for old and used diesel generators. Especially the market of this type of Diesel generator has gone down tremendously.
The most affecting factors are attributed to environmental issues and a hike in fuel prices. Even the attempt to convert the diesel generators from diesel fuel to gas fuel has not shown any marked improvement.
In my experience in the Diesel generator market, I have experienced many ups and downs in the market.
The Diesel generators market was in great demand before 1998. But there was a sudden sharp decline with the arrival of Diesel generating sets operating on Heavy fuel. The market of HFO sets increased heavily.
The demand for HFO sets started declining in 2008 due to the hike in HFO prices.
Slump In During recent years, we have seen a declined demand for old and used diesel generators. Especially the market of this type of Diesel generator has gone down tremendously.
The most affecting factors are attributed to environmental issues and a hike in fuel prices. Even the attempt to convert the diesel generators from diesel fuel to gas fuel has not shown any marked improvement.
In my experience in the Diesel generator market, I have experienced many ups and downs in the market.
The Diesel generators market was in great demand before 1998. But there was a sudden sharp decline with the arrival of Diesel generating sets operating on Heavy fuel. The market of HFO sets increased heavily.
The demand for HFO sets started declining in 2008 due to the hike in HFO prices.
There was a big slump in the Diesel generating market.
Another factor for the decline of the market was the stringent environmental policy. With this policy, there was a further decline in the Diesel generating market including engines operating on diesel fuel.
During the period market of Old and used Diesel generators was in great demand in Nepal and Bangladesh.
During recent years, we have seen a declined demand for old and used diesel generators. Especially the market of this type of Diesel generator has gone down tremendously.
The most affecting factors are attributed to environmental issues and a hike in fuel prices. Even the attempt to convert the diesel generators from diesel fuel to gas fuel has not shown any marked improvement.
In my experience in the Diesel generator market, I have experienced many ups and downs in the market.
The Diesel generators market was in great demand before 1998. But there was a sudden sharp decline with the arrival of Diesel generating sets operating on Heavy fuel. The market of HFO sets increased heavily.
The demand for HFO sets started declining in 2008 due to the hike in HFO prices.
There was a big slump in the Diesel generating market.
Another factor for the decline of the market was the stringent environmental policy. With this policy, there was a further decline in the Diesel generating market including engines operating on diesel fuel.
During the period market of Old and used Diesel generators was in great demand in Nepal and Bangladesh.
Slump in Old & Used Diesel Generators
There was a big slump in the Diesel generating market.
Another factor for the decline of the market was the stringent environmental policy. With this policy, there was a further decline in the Diesel generating market including engines operating on diesel fuel.
During the period market of Old and used Diesel generators was in great demand in Nepal and Bangladesh.
Present Trend
Old and used Diesel generators are in great demand due to the lower investment in installation and operating costs in the Indian neighbouring countries.
The Indian market of Old and used diesel generating sets suppliers shifted to these countries.
Survival of Suppliers and operators became difficult.
The suppliers suffered setbacks in spares inventory management due to the declined demand for spare parts.
All the captive diesel Power plants installed for base load in the industries shifted to EDG power plants.
There has been a marked improvement in the supply of electricity by the Government. The quality and reliability of the power supplied by the Government have improved so much that the continues operating chemical and other power plants started making use of the Government supplies.
Future of Old & Used Diesel Generators
This is good news for the industries that the Government is further planning of increasing and installing the Nuclear power plant at war footing.
This nuclear power plant will be able to meet the countries power plant demand to great extent.
Industries will be able to focus on their products for the best quality products. The earlier focus was diverted on the self-power generation, which was not the core competency of industries.
The improved power situation will contribute to the job opportunities for the masses in all types of industries including hostility, construction, and production industries.
The situation in rural areas is also going to improve due to the continuous power supply for agriculture.
Power supply has been the challenge for the farmers to produce the commodities to meet the demand of the masses.
Though the future of the DG sets seems to be in a slump in the coming few years despite all the above facts the market for the smaller diesel generating sets will be in high demand.
The Hospitality industry, Construction industry, and Production industries will still need a small capacity for backup power and black starts.
My suggestion to the players in the old & used Diesel Generators market is to concentrate on small DG sets with quality products and best after sales service.
Conclusion Hope the post has been useful to the readers