Increasing Global Demand For Electricity Augmented Sales Of Electric Generators Market For Fulfill Power Demand

Electric Generators Market: Market Dynamics

The regulatory environment in North America is expected to surge the demand for gaseous fueled electric generators. Electrical grids in many parts of the world have been experiencing several challenges over the past few years. Aging power transmission infrastructure and the increasing global demand for electricity have augmented the sales of electric generators Market in order to fulfill the power demand.

Spurring urbanization has put pressure on existing facilities, due to which governments and private companies have increased power disruptions. Consequently, the population in cities is expected to adopt residential electric generators. In the near term, the electric generators market is set to witness an upward growth trajectory with a significant rate.

The increased use of diesel-powered electric generators across the world, notably in Asian countries, both at an industrial and a residential level, has worsened regional air pollution. Therefore, governments have started implementing stringent laws and regulations to curb the heightened use of diesel-powered electric generators. In the coming years, this will decelerate the use of electric generators.

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Electric Generators Market: Market Segmentation

The global electric generators market can be segmented on the basis of application, power rating, fuel type, and region.

On the basis of application, the global electric generators market has been segmented as:

  • Residential
    • Standby
    • Portable
  • Commercial
  • Industrial

On the basis of power rating, the global electric generators market has been segmented as:

  • Less than 60 kW
  • 60 kW – 300 kW
  • 300 kW – 1 MW
  • Greater than 1 MW

On the basis of fuel type, the global electric generators market has been segmented as:

  • Diesel
  • Natural Gas
  • Gasoline and Other Fuels

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Report regional analysis includes:

  • North America
  • Europe
  • MEA
  • East Asia (Japan, China, South Korea)
  • South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
  • Oceania (Australia, New Zealand)
  • Latin America
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

Electric Generators Market: Market Participants

Examples of some of the key market participants in the global electric generators market discerned across the value chain include:

  • Generac Power Systems
  • Kohler Co.
  • Caterpillar Inc.
  • Atlas Copco
  • Kirloskar Group
  • Cummins Inc.
  • Siemens AG
  • Briggs & Stratton Corporation
  • HIMOINSA S.L.
  • GRUPEL S.A.

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Highlights from the Report

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  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
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