Global Gas Genset Market

The increasing concern over climate change has influenced governments to adopt regulations to drive power generation fuelled by gas. The increasing gap between power demand and supply, particularly in the developing economies, is also a key driver for the gas gensets. However, high initial cost is seen as a major restraint for the global gas genset market. Exponentially growing industrial and commercial segment in China is identified as a target market for growth opportunities.

Published: 31 May 2012