Deficiencies in the Grid Power Supply Strengthen Adoption of Gensets in Brazil, Finds Frost & Sullivan

Deficiencies in the Grid Power SupplyDeficiencies in the Grid Power Supply Strengthen Adoption of Gensets in Brazil, Finds Frost & Sullivan PR Newswire SAO PAULO, Brazil, Nov. 26, 2013 -- Key manufacturers expand their portfolio to include large rated power gensets to meet demand Undependable grid power supply in Brazil is fuelling genset usage for both stand-by and prime power applications. The concentrated and mature Brazilian genset market will see growth as key manufacturers extend their portfolio to include large rated power gensets in response to requirements in the oil and gas industry and supportive policies for local manufacturing. Meanwhile, demand from the construction and entertainment industries will boost the low and medium rated power segments in the short term. According to the new study from Frost & Sullivan (http://www.energy.frost.com), Analysis of the Brazilian Genset Market, market revenues are expected to rocket up to reach $1,472.3 million in 2017 from the $835.6 million in 2012. The electricity system in Brazil is characterized by a high share of hydropower generation, which eventually causes drops in electricity production due to droughts. This leads to a perception of instability in the local power supply, which is fuelling the adoption of gensets for critical applications such as data centers, healthcare and financial services, which require a stable and reliable energy supply.