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Marine Gensets Market Share, Growth Analysis and Forecast Report 2012-2022

Published on January 2018 | Categories: Energy | Downloads: 6 | Comments: 0
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Increasing demand for commercial boats and ships engaged in transportation and trade is anticipated to trigger growth in the industry.The demand for bio-diesel generator sets is estimated to escalate over the forecast period and is anticipated to contribute significantly to industry expansion. Increasing emphasis on adoption of non-conventional & renewable sources of energy and the need for minimizing vessel emissions can be attributed as a major reason for rise in demand for bio-diesel generator sets. Rising oil prices and high maintenance costs are expected to affect the demand for diesel based gensets.

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Increasing demand for commercial boats and ships engaged in transportation and trade is anticipated to trigger growth in the industry.The demand for bio-diesel generator sets is estimated to escalate over the forecast period and is anticipated to contribute significantly to industry expansion. Increasing emphasis on adoption of non-conventional & renewable sources of energy and the need for minimizing vessel emissions can be attributed as a major reason for rise in demand for bio-diesel generator sets. Rising oil prices and high maintenance costs are expected to affect the demand for diesel based gensets.

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