GlobalGenerator Sales Market was valued US$ 19.69 Bn in 2019 and is expected toreach US$ 30.27Bn by 2027, at a CAGR of around 5.52% during a forecast period.
The report includes the analysisof impact of COVID-19 lock-down on the revenue of market leaders, followers,and disrupters. Since lock down was implemented differently in differentregions and countries, impact of same is also different by regions andsegments. The report has covered the current short term and long term impact onthe market, same will help decision makers to prepare the outline for shortterm and long term strategies for companies by region.
Global Generator Sales MarketDynamics
The generator sales market isgrowing because of factors such as amendment of norms and issuing of favorableregulations and policies regarding gas and diesel generators, increasingawareness about the environment, growing urbanization in emerging countries areincreasing the demand for IT facilities and data centers. Opportunities arisingfrom the introduction of inverter and bi-fuel generators and electrification ofremote and rural areas in developing countries are further likely to boost thesales in the market.
On the other hand, there arecertain restraining factors to the market growth which contain limited capacityof power generation, the increase in transmission and distribution expenditureand high operating and maintenance cost. Similarly, the key players in themarket are affected by the increase in captive power plants, strict governmentregulations and improving energy storage systems which may act as a limitationto the market growth.
Global Generator Sales MarketSegment Analysis
Based on fuel type, the dieselsegment is leading the market size because of their capacity to generate largeamount of power, and easy availability of fuel. Though, gas generators areanticipated to lead the generator sales market over the forecast period, as theyare environment-friendly and the diesel prices are increasing at a fast rate.
The companies implemented growthstrategies such as new product introductions, contracts & agreements,mergers & acquisitions, and expansions to capture a larger share of the generatorsales market.
Global Generator Sales MarketRegional insights
Geographically, Asia Pacific isprojected to be the largest and fastest growing market due to the high demandfor power products in China and India. The high economic growth rate of Chinahas led to rise in the demand for power generation equipment such as diesel andgas generators in the country. New policy reforms in India to support thegrowth of industries have made the country a very worthwhile market for OEMmanufacturers. This is also likely to create a massive demand for generators inthe region.
The report covers in depthanalysis of the global generator sales market’s drivers and restraints, as wellas other microeconomic and macroeconomic factors affecting the market’s progression.It also comprises a detailed analysis of the market’s segmentation, offeringreaders insight into which segments are likely to lead the market in the comingyears and present the best chances of commercial success. The competitivelandscape of the global generator sales market is also evaluated in the reportin order to present to forecaster a clear picture of the market’s competitiveenvironment and successful strategies.
The objective of the report is topresent a comprehensive assessment of the market and contains thoughtfulinsights, facts, historical data, industry-validated market data andprojections with a suitable set of assumptions and methodology. The report alsohelps in understanding global generator sales market dynamics, structure by identifyingand analyzing the market segments and project the global market size. Further,the report also focuses on the competitive analysis of key players by product,price, financial position, product portfolio, growth strategies, and regionalpresence.
The report also provides PESTanalysis, PORTER’s analysis, SWOT analysis to address the question ofshareholders to prioritizing the efforts and investment in the near future tothe emerging segment in global generator sales market.
Global Generator Sales Market, KeyHighlights:
• Global Generator Sales Marketanalysis and forecast, in terms of value.
• Comprehensive study and analysisof market drivers, restraints and opportunities influencing the growth of theGlobal Generator Sales Market
• Global Generator Sales Marketsegmentation on the basis of type, source, end-user, and region (country-wise)has been provided.
• Global Generator Sales Marketstrategic analysis with respect to individual growth trends, future prospectsalong with the contribution of various sub-market stakeholders have beenconsidered under the scope of study.
• Global Generator Sales Marketanalysis and forecast for five major regions namely North America, Europe, AsiaPacific, the Middle East & Africa (MEA) and Latin America along withcountry-wise segmentation.
• Profiles of key industryplayers, their strategic perspective, market positioning and analysis of corecompetencies are further profiled.
• Competitive developments,investments, strategic expansion and competitive landscape of the key playersoperating in the Global Generator Sales Market are also profiled.
Scope of Global Generator SalesMarket
Global Generator Sales Market, ByFuel Type
• Diesel
• Natural Gas
• Others (including Propane,Biogas, and Gasoline)
Global Generator Sales Market, ByPower Rating
• Below 100 kVA
• 100 kVA – 500 kVA
• 501 kVA – 1000 kVA
• Above 1000 kVA
Global Generator Sales Market, ByApplication
• Prime and Continuous
• Standby
• Peak Shaving
Global Generator Sales Market, ByEnd-user
• Residential
• Commercial
• Industrial
Global Generator Sales Market, ByRegion
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Global Generator Sales Market KeyPlayers
• Cummins Inc.
• Caterpillar Inc.
• AKSA Power Generation
• Himoinsa S.L.
• Generac Holdings Inc.
• Rolls-Royce (UK)
• Mitsubishi (Japan)
• Yanmar (Japan)
• Kohler (US)
• MTU Onsite Energy
• Ingersoll Rand
• Wartsilla
• JCB
• FG Wilson
• PRAMAC
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