Global Generator Sales Market is segmented By Type (Diesel, Gas, Others), By Power Rating (Less than 50 kVA, 100 kVA to 350 kVA, 350 kVA to 1,000 kVA, 1,000 kVA to 1,500 kVA, More than 1,500 kVA), By Engine Power (Less than 25 KW, 50 kVA to 100 kVA, 25 KW to 50 KW, 50 KW to 60 KW, 60 KW to 100 KW, 100 KW to 200 KW, More than 200 KW), By Application (Standby, Peak Shaving, Continuous Power), By End-User (Residential, Commercial (Commercial Offices, Agriculture and Aquaculture, Hotels and Resorts, Bars and Restaurants, Hospitals and Clinics, Others), Industrial (Chemicals and Petrochemicals, Oil and Gas, Food and Beverage, Others)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
The Global Generator Sales Market is expected to grow at a CAGR of 8.0% during the forecast period 2024-2031.
Generator Sales Market Summary
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Metrics |
Details |
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Market CAGR |
8.0% |
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Segments Covered |
By Type, By Power Rating, By Engine Power, By Application, By End-User and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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By Type, the market is segmented into Diesel, Gas and Others. By Application, the market is segmented into Standby, Peak Shaving and Continuous Power
By Power Rating, the market is segmented into Less than 50 kVA, 50 kVA to 100 kVA, 100 kVA to 350 kVA, 350 kVA to 1,000 kVA, 1,000 kVA to 1,500 kVA and More than 1,500 kVA. By Engine Power, the market is segmented into Less than 25 KW, 25 KW to 50 KW, 50 KW to 60 KW, 60 KW to 100 KW, 100 KW to 200 KW and More than 200 KW. By End-User, the market is segmented into Residential, Commercial and Industrial
The report scope covers North America, South America, Europe, Asia-Pacific and the Middle East and Africa in geographical analysis.
Growing urbanization and the need for realizable power across developing nations would propel the market growth for the generator market
Generator Sales Market Segmentation Analysis
By Type
The global market for Diesel valued at US$ XX million in 2019 and is likely to reach US$ XX million in 2027 by growing at a CAGR of XX% between 2020-2027
➢ Diesel fuel is predicted to continue to be the leading fuel source type with the emergence of low-sulfur diesel that causes fewer emissions than conventional diesel
➢ Stringent emission norms imposed by the USEPA on the use of diesel-powered generators are expected to hinder the market growth
➢ Diesel generators are widely used across different industries such as utilities, oil & gas, marine, mining, healthcare, and telecom among others. They provide continuous power supply during power outages as well as at locations where grid infrastructure is not available
➢ In September 2020, Caterpillar Inc. installed Cat D350 GC standby diesel generators for Tennessee Aquarium, United States.
