Generator Sales Market Analysis Huge Growth, Emerging Trends, Advancement Outlook, and Challenges by 2028

Posted on Sep 12 2022 4:50 AM

"Companies in the generator sales market are Caterpillar Inc. (U.S.), Rolls-Royce (U.K.), MAN Energy Solutions (Germany), Zwart Techniek (Netherlands), Atlas Copco (Sweden), Cummins Inc. (U.S.), Wacker Neuson (Germany), Himoinsa (Spain), Kohler-SDMO (France), Inmesol S.L.U. (Spain), Aggreko (U.K.) and others "

The global Generator Sales Market Size" size is expected to showcase an exponential growth by reaching USD 27.16 billion by 2027. The growth is attributable to the increasing demand for energy and the growing focus on electrification of rural areas that promotes the massive generator sales across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Generator Sales Market Size, Share & COVID-19 Impact Analysis, By Power Rating (Below 75 kVA, 75-375 kVA, 375-750 kVA, and Above 750 kVA), By Fuel Type (Diesel, Gas, and Others), By Application (Continuous Load, Peak Load, and Stand By Load), By End User (Mining, Oil & Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Telecom, and Others), and Regional Forecast, 2020-2027.” The report mentions that the market stood at USD 20.31 billion in 2019 and is likely to exhibit a CAGR of 5.7% between 2020 and 2027.

The global generator sales market size was USD 24.76 billion in 2020. The market is projected to grow from USD 26.06 billion in 2021 to USD 38.95 billion in 2028 at a CAGR of 5.9% in the 2021-2028 period.

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Generator Sales Market share, types, applications, growth factor, key players and regions.

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The market has the presence of a large number of big industry players. Some of the eminent players in the market include:

  • Rolls-Royce (U.K.)
  • Caterpillar Inc. (U.S.)
  • Atlas Copco (Sweden)
  • MAN Energy Solutions (Germany)
  • Zwart Techniek (Netherlands)
  • Cummins Inc. (U.S.)
  • Wacker Neuson (Germany)
  • Himoinsa (Spain)
  • Kohler-SDMO (France)
  • Inmesol S.L.U. (Spain)
  • Aggreko (U.K.)
  • Daihatsu Diesel Mfg. Co., Ltd. (Japan)
  • Ingersoll Rand (U.S.)
  • Wartsila (Finland)
  • American Honda Motor Company, Inc. (U.S.)
  • JCB (U.K.)

Generator Sales Market Report Scope:

REPORT ATTRIBUTE DETAILS
Market size available for years 2021-2028
CAGR Value  5.9%
Base year considered 2020
Historical data 2017-2019
Forecast Period 2021-2028
Quantitative units Revenue in USD million and CAGR from 2021-20281
Segments Covered Types, Applications, End-Users, and more.
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Customization scope Report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail of customized purchase options to meet your exact research needs. Explore purchase options

 
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An Overview of the Impact of COVID-19 on this Market:

Latest Update: This has brought along several changes this report also covers the impact of Current COVID-19 situation

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.

Stepping into a Post-COVID Economy: How Energy and Power Industry Will Play an Essential Role in its Recovery. Request Sample Copy.

Generator Sales Market Regional Analysis:

  • Top regional growth avenues: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia.
  • Net revenue and sales amassed by each region.
  • Records for the yearly growth rate of each geography over the forecast period.

For the historical and forecast period to 2028, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

DRIVING FACTORS

Increasing Energy Consumption to Promote Growth

In June 2020, the BP Statistical Review of World Energy 2020 estimated that the total primary global energy consumption was 583.9 exajoules in 2019 rising from 576.23 exajoules in 2018. The report states that it is a year-on-year increment of over 1.3% and is expected to grow further. The increasing demand for energy owing to the growing incidence of blackouts and natural disasters is expected to boost generator sales across the globe. Additionally, the primary focus on electrification of rural areas by the government agencies is expected to contribute to the growth of the global generator sales market during the forecast period.

Competitive Strategy 

To enhance their market position in the global sustainable aviation fuel market, the key players are now focusing on adopting the strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.
For example,

November 2019 - The Ministry of Economy, Planning, and Cooperation of the Central African Republic (CAR) announced its plan to install diesel generator units to power the capital city of Bangui. The project is expected to be executed in collaboration between TRAGADEL and Clarke Energy while obtaining economic support from the Saudi Development Fund (FSD).

Research Methodology:

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

Some of the Key Questions Answered in this Report:

  • Detailed Overview of Generator Sales Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Generator Sales Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Generator Sales Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.

The Generator Sales Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Detailed TOC of Global Generator Sales Market Report 2022

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions
5. Global Internet of Things Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
……………
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
12. Company Profiles
12.1 Overview
12.2 Products & Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
13. Strategic Recommendations
TOC Continued……………….

Continued….

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