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Definition of diesel generator set: diesel generator is a small power generation equipment, which uses diesel oil as fuel. The basic structure of the diesel generator is composed of a diesel engine and a generator. The diesel engine drives the generator to generate electricity. When the crankshaft of the diesel engine rotates, it drives the generator to rotate and generate electricity. The generator includes a DC generator and an AC generator. Classification of diesel generator sets: from the typical appearance, they can be divided into silent type, open rack type, trailer type and container type.

Development status of diesel generator set industry

The rapid development of the national economy has driven the continuous growth of market demand for diesel powered terminal products, which are widely used in posts and telecommunications, communications, transportation, hotels, entertainment, hospitals, high-rise buildings, industrial and mining enterprises and other power supply places with strict requirements for noise. Suppliers are mainly from diesel engines and alternators.

Analysis on the Application Market of Diesel Generator Set Industry

Diesel generator set industry is mainly used in communication and power industry. Communication and electric power are important sectors of the national economy. They shoulder important tasks and serve all aspects of the national economy. They are the most important basic industries in today's society. Once power failure occurs, it will cause incalculable losses. Therefore, these facilities must be equipped with standby power supply system, which brings huge demand for diesel generator sets. There are also broadcasting, telecommunications, computer centers, hospitals and other places that require high reliability power supply need automatic power generation units. Airport, mine, oil drilling platform, tunnel site, island, nuclear power station, satellite ground station, education center, bank, insurance company and other financial industries, water sources, office buildings and other industries are widely using automatic generator sets to ensure normal power supply.

Development trend of diesel generator set industry

It is estimated that during the 13th Five Year Plan period, especially in the middle of the 13th Five Year Plan period, the contradiction between power supply and demand is still prominent. According to the Analysis Report on Market Prospect and Investment Strategic Planning of China's Diesel Generator Set Industry in 2014-2018 released by the Prospective Industry Research Institute, it is estimated that the overall scale of China's diesel generator set industry will reach nearly 20 billion yuan in 2014, with an annual compound growth rate of about 13%.

Investment strategy:

The industry benefited from the power contradiction and communication development. In 2014, the scale of the industry was close to 20 billion yuan, with an annual compound growth rate of about 13%. It is optimistic that the industry's prosperity will continue. Focus on the leading Ketai power supply in the industry. The company's technical level is close to the international first-class brand. With the acceleration of import substitution and the increase of 4G layout by the three major operators, it will drive the rapid development of power supply markets such as diesel generator sets. We expect that the company's share in the IDC field will continue to increase, and the EPS is expected to be 0.2 yuan and 0.29 yuan respectively from 2014 to 2015. Give an "overweight" rating.