Survey: Power Gen Sales To Rise In 2014
Surveys of generator set dealers and distributors offer an optimistic view of 2014 sales in Europe, the Middle East, Turkey, Russia and the Ukraine, according to Power Systems Research, a global supplier of market information to the engine, power products and components industries.
The company conducted its PowerTracker International across several countries including the U.K., Germany, France, Italy, Spain, Belgium, the Ukraine, Turkey, the United Arab Emirates, Saudi Arabia, Jordan, Kuwait and Russia. The distributors and dealers surveyed forecast increases between 7% and 19% across different power bands.
The highest distributor and dealer growth estimates are from Russia, Turkey and the Ukraine, with more modest growth in the Middle East and marginal activity in Western Europe. The top brands sold across the three regions in 2013 include Cummins/Onan, Perkins, SDMO, Honda and FG Wilson. The market overall remains fragmented with over 147 generator brands cited.
Distributors were less optimistic on the penetration of natural gas engines although the results highlight some growth in Western Europe, Russia, Turkey and the Ukraine. Approximately 59% of generator sets sold by distributors were diesel-powered, the report said.
An executive summary of the report is available for free. The full report, which includes distributor and dealer feedback on current market conditions, sales activity, purchasing patterns, inventory changes, factors impacting demand and supply and country specific issues, can be ordered from Power Systems Research at firstname.lastname@example.org.