Generator Market To Expand Around 1.7x Over The Next Ten Years

Industry Insights

Generator Market Outlook

Converting mechanical energy using steam, gas, wind, diesel, and hydropower, into electrical energy, generators are handy as a backup, and are used in both, industries as well as in households across regions.

There is high demand for generators in rural areas and regions where power outages and fluctuations are frequent. In its latest report on the global generators market, ESOMAR-certified market research and consulting firm Fact.MR analyses key factors that will fuel the adoption of generators over the decade.

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=423

Global Generator Market Segmentation by Category

  • Application:

    • Stationary Generators
    • Portable Generators
  • Fuel:

    • Diesel Generators
    • Gas Generators
  • End Use:

    • Residential Generators
    • Commercial Generators
    • Industrial Generators
    • Others
  • Capacity:

    • 0-100 kVA
    • 100-350 kVA
    • 350-1000kVA
    • Above 1000kVA
  • Region:

    • North America
    • Latin America
    • APEJ
    • Europe
    • Japan
    • MEA

Competitive Landscape

The competitive landscape for generators is replete with acquisitions by key players. Asia Pacific is a fast-growing market for generators, excluding Japan. With top generator manufacturers in North America, the region is still the most important player in the generator space, globally. Overall, the global market for generators is fragmented in nature.

Key players operating in the global generator market are:

  • Cummins Inc
  • Yamaha Motor Corporation
  • SDMO
  • Mitsubishi Heavy Industries Ltd.
  • Kubota Corporation
  • Kirloskar Oil Engines Limited
  • General Electric Corporation
  • Doosan Corporation
  • Caterpillar Inc
  • Cooper Corporation
  • AKSA Power Generation

Leave a Reply

Related Posts