A generator set is the combination of an electrical generator and an engine mounted together to form a single piece of equipment that produces electrical power.
The factors driving the market growth include the ever-increasing demand for power, lack of reliable grid infrastructure, the need for emergency backup power solutions, and the demand for steady power supply. However, factors, such as high installation and operating costs and the consumer preference toward eco-friendly alternatives, and overcapacity, are restraining the market’s growth. Moreover, the growing energy demands from the burgeoning manufacturing industry are expected to provide greater market opportunities for generators.
In 2019, the market size of Generator Sets is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Generator Sets.
This report studies the global market size of Generator Sets, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Generator Sets production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AKSA Power Generation
Briggs & Stratton
Caterpillar
Cooper Corp
Cummins
Doosan
Generac Power Systems
GE
Honda Power Equipment
Kirloskar Oil Engines
Kohler
Mitsubishi Heavy Industries
MTU Onsite Energy
SDMO
Wärtsila
Market Segment by Product Type
0-75 kVA
75-350 kVA
Above 350kVA
Market Segment by Application
Residential
Commercial
Industrial
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Generator Sets status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Generator Sets manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Generator Sets are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Generator Sets. Industry analysis & Market Report on Generator Sets is a syndicated market report, published as Global (United States, European Union and China) Generator Sets Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Generator Sets market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.