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Today’s industry has an increasing demand for continuous error-free power supplies to maintain high energy density and dynamic stability, which will become the main driving factor for three phase generator market growth. In the view of the ASEAN Economic Community (AEC), if the Comprehensive Regional Economic Partnership (RCEP) is successfully implemented, it will be a positive step toward the expansion of the Asia-Pacific Free Trade Area (FTAAP). It can serve as an appropriate intergovernmental forum. Free trade promotes the growth of various industries and supplements the development of manufacturing in the region, thereby increasing the demand for three phase generators in the region.
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The generators emit nitrogen oxides, carbon monoxide and particulate matter; these emissions harm the environment and residents. The United Arab Emirates has pledged to limit emissions and increase the share of clean energy in its energy mix to 24%. By the end of 2021, it will be higher than the 2014 figure by 0.2% which is a major challenge for the market.
Emerging industries such as hospitals, data centers, offices, homes, and processors that require additional power to avoid large losses will drive market growth. Smart grid application systems will drive market growth. The high noise level of these generators will cause serious problems for market development. However, many companies have also worked on and controlled the sound emission on the generator.
New product launches to flourish the market
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