Heavy fuel oil, also known as residual fuel oil, is a by-product of the crude oil refining process. Heavy fuel oil contains residual distillation and subsequent cracking of the crude oil, which allows it to be obtained at a lower cost. Heavy fuel oil has many layers, so it should be used, maintained and stored at high temperatures. Heavy fuel oil generators are less expensive than other generators because of the availability and low cost of heavy fuel oil used. They are mainly used in marine engines because of their small size. In addition to marine engines, they are also used in power boilers and railways.
The Heavy Fuel Oil (HFO) Generators market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.

Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.

In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Heavy Fuel Oil (HFO) Generators industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.

The Heavy Fuel Oil (HFO) Generators market can be split based on product types, major applications, and important countries as follows:

Key players in the global Heavy Fuel Oil (HFO) Generators market covered in Chapter 12:
Nishishiba Electric Co., Ltd.
Yanmar Co., Ltd.
Daihatsu
Isuzu
Limited
Aggreko
Avespeed New Energy Group Co.
General Electric
Ningbo C.S.I. Power & Machinery Group Co., Ltd.
Taizhou Genour Power Machinery Co., Ltd.

In Chapter 4 and 14.1, on the basis of types, the Heavy Fuel Oil (HFO) Generators market from 2015 to 2025 is primarily split into:
High-speed Power Generators
Medium Speed Power Generators

In Chapter 5 and 14.2, on the basis of applications, the Heavy Fuel Oil (HFO) Generators market from 2015 to 2025 covers:
Shipping
Oil and Gas
Mining
Other Industries

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others

Years considered for this report:

Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025