English Extended Distribution Menafn PR-Wirein Press Release Reportedtimes Research Newswire

Generator Sales Market Developments and Competition Landscape by 2026 | Caterpillar, Cummins, Rolls-Royce Holdings, Mitsubishi Heavy Industries, Ltd., Generac

According to the new market research  report, ‘The global generator sales market is expected to grow at a CAGR of 5.9% during the forecast period. It is estimated to be USD 19.9 billion in 2021 and is projected to reach USD 26.5 by 2026.’ The major factors driving the generator sales market include the growing demand for uninterrupted and reliable power as some of the best power grids are also subject to downtime, growth of healthcare infrastructure, rising demand for IT infrastructure management, and rapid urbanization in developing countries.

The other fuel type segment which includes propane, LPG, and bio-diesel is expected to be the fastest growing fuel segment of the generator sales market from 2021 to 2026. Countries around the world have set emission reduction targets and are working toward achieving these targets, which has resulted in the increased share of environmentally friendly fuel for power production. Countries such as the US, Brazil, Canada, Germany, France, and the UK are expected to increase their focus on environmentally friendly technologies, driving the market for propane, LPG, and bio-diesel-powered generators during the forecast period.

Download PDF Brochure – https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47544335

The industrial segment is expected to be the fastest growing generator sales market, by end-user, during the forecast period. The industrial end-user segment includes the utility/power generation, oil & gas, and other industries such as mining, marine, chemicals, military, and manufacturing. Growth of the oil & gas sector in China, Mexico, the US, Canada, and African countries is creating a new market for generator sets. Also, the growth of the manufacturing sector in Asia Pacific is expected to drive the demand for generators.

The 1,000–2,500 kVA power rating segment is expected to be the fastest growing segment of the generator sales market during the forecast period. 1,000–2,500 kVA generators are mainly used for CHP plants, large manufacturing units, power plants, and marine applications. The above 1,000–2,500 kVA generators are economical and can be deployed for continuous power applications. The adoption of natural gas and other renewable gases for the 1,000–2,500 kVA generators is the major reason for the fastest growth projection of the segment during the forecast period.

Make an Inquiry – https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=47544335

This research report categorizes the generator sales market by fuel type, application, end user, power rating, sales channel and region.

On the basis of fuel type, the generator sales market has been segmented as follows:

  • Diesel
  • Gas
  • Others (LPG, propane, and bio-diesel)

On the basis of application, the generator sales market has been segmented as follows:

  • Standby
  • Prime & Continuous
  • Peak Shaving

On the basis of end user, the generator sales market has been segmented as follows:

  • Industrial
  • Utilities/Power Generation
  • Oil & Gas
  • Others (Mining, Marine, Chemicals, Military, And Manufacturing Industries)
  • Commercial
  • IT & Telecom
  • Healthcare
  • Others (data centers, hotels, shopping complexes, malls, and public infrastructure
    Residential

On the basis of by power rating, the generator sales market has been segmented as follows:

  • Below 100 kVA
  • 100–350 kVA
  • 350–1,000 kVA
  • 1,000–2,500 kVA
  • 2,500–5,000 kVA
  • Above 5,000 kVA

On the basis of by sales channel, the generator sales market has been segmented as follows:

  • Direct
  • Indirect

On the basis of region, the generator sales market has been segmented as follows:

  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America

Request for Sample Pages of the Report – https://www.marketsandmarkets.com/requestsampleNew.asp?id=47544335

Asia Pacific is expected to account for the largest market size

Asia Pacific is expected to be the fastest growing market for generator sales from 2021 to 2026, followed by the North America. Countries such as the US, China, Canada, and India are the largest markets for generator sales. India and China are rapidly developing large economies. Both countries are implementing policies to boost their industrial sectors. Inadequate power transmission & distribution networks in developing countries in Asia Pacific are also expected to create a demand for generator sets. Due to these factors, Asia Pacific is projected to grow at the highest CAGR during the forecast period.

Browse Related Reports:

Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 5–10 kW, 10–20 kW), End User (Residential, Commercial, Industrial), and Region – Global Forecast to 2026

https://www.marketsandmarkets.com/Market-Reports/portable-generator-market-195875841.html

Asia Pacific Generator Sales Market by Fuel Type (Diesel, Gas), Power Rating (<100kVA, 100-350kVA, 350-1000-2500kVA, 2500-5000kVA, >5000kVA), Application (Standby, Continuous, Peak Shaving), End-User, Country – Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/asia-pacific-generator-sales-market-150307902.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Tags: Portable Power Station, Hybrid generators, Power Supply, Generator Sales Industry, Gas Generator, Generator Sales Market, Power Generation, Power Rental industry, Portable Generator Market

See Campaign: http://www.marketsandmarkets.com/Market-Reports/generator-sales-market-47544335.html
Contact Information:
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 [email protected]

Tags:
Reportedtimes, PR-Wirein, Menafn, Extended Distribution, Research Newswire, English

Contact Information:

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]