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Artificial Intelligence involves the science and engineering of developing intelligent machines
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Emergence of New Technologies and Resurgence of the Construction Sector Will Further Drive Stand-by Power Demand
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Energy security is the key demand driver for onsite stand-by power needs in the European region. Grid instability and power outages due to the capacity overload in the Eastern countries along with the stand-by demand for intermittent renewable power sources in Western regions continue to drive the need for onsite power generation technology such as diesel generator sets. While the demand and supply power gap is a key driver across developing markets, the focus on energy efficiency and power generation from renewables will sustain growth for diesel generator-sets in mature markets.
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