Generator Sales Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2027
- amaramurray21
- Jan 11, 2022
- 2 min read
According to IMARC Group’s latest report, titled “Generator Sales Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global generator sales market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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Severe weather conditions and natural disasters, such as earthquakes, hurricanes, tornadoes, and tsunamis, can cause power failures. This represents one of the major factors escalating the demand for generators across the globe. Moreover, rapid urbanization and increasing reliance on electricity during construction activities are propelling the market growth. Besides this, the growing popularity of natural gas generators in industrial sites on account of stringent regulations implemented by governments of different countries is positively influencing the market. Furthermore, the rising utilization of commercial emergency power backups in the healthcare industry to keep life support machines working during power cuts is bolstering the market growth.
Competitive Landscape:
ABB Ltd.
Atlas Copco AB
Bharat Heavy Electricals Limited
Briggs & Stratton Corporation
Caterpillar Inc.
Cummins Inc.
Generac Power Systems Inc.
General Electric Company
Kohler Co.
Mitsubishi Heavy Industries Ltd.
Rolls-Royce plc
Siemens AG
Toshiba Corporation
Wacker Neuson SE
Wärtsilä Corporation.
Key Market Segmentation:
Breakup by Fuel Type:
Diesel
Gas
Others
Breakup by Power Rating:
Below 75 kVA
75-375 kVA
375-750 kVA
Above 750 kVA
Breakup by Application:
Continuous Load
Peak Load
Stand by Load
Breakup by End User:
Residential
Commercial
Industrial
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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