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Generator Sales Market to reach worth 23.36 Billion USD by 2020

The report "Generator Sales Market by Type (Diesel And Gas), by Power Rating (Below 100 kVA, 100-350 kVA, 350-1000 kVA, Above 1000 Kva), by Application (Standby, Prime Or Continuous Power, Peak Shaving), by End User (Industrial, Commercial, and Residential), & by Region - Global Forecast to 2020", The generator sales market is expected to grow at a CAGR of 5.85% from 2015 to 2020. It is projected to reach USD 23.36 Billion by 2020 from an estimated value of USD 17.59 Billion in 2015.

Browse 94 market data Tables and 57 Figures spread through 164 Pages and in-depth TOC on "Generator Sales Market - Global Forecast to 2020"

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Large amount of investments are planned for the growth of industries, real estate, datacenters, telecom & IT, and power generation plants in all the regions.. This will lead to an increase in demand for uninterrupted and reliable power sources. The rise in demand for reliable power source will boost the market for generator sales, which is estimated to grow at a CAGR of 5.85% from 2015 to 2020

Rise in real estate and Telecom & IT sector will drive the generator sales market for power rating of 350-1000 kVA

The 350-1000 kVA power ratings generator is expected to lead the market due to rising demand from real estate, telecom & IT, and commercial sector markets. Houses and commercial establishments usually do not have high power consuming equipment, such as industries. Hence, the demand for 350-1000 kVA power rating generators is expected to be higher as compared to other power ratings generators.

Industrial generator to capture major share of the generator sales market

Industries require continuous supply of power to maintain the flow of process. Power outages and voltage drops not only affect the pace of the process, but also lead to malfunctioning of equipment, leading to monetary and operation loss. Hence, multiple generators of different power ratings are used in such industries to support specific equipment.


Asia-Pacific to dominate the global generator sales market

Rapid industrialization in China, India, and other developing countries, and switching to cleaner power sources for utility & backup power is expected to drive the market for diesel as well as gas generators in the region.

The report covers major market players such as Caterpillar Inc. (U.S.), Himoinsa S.L. (Spain), Mitsubishi Heavy Industries, Ltd. (France), MTU Onsite Energy (Germany), and Kohler Co. (U.S.) along with other prominent manufacturers of power generators.

Study answers several questions for the stakeholders which include:

  • Generator manufacturers
  • EPC companies
  • Utility service providers
  • Distributers and suppliers
  • Consulting firms
  • Private equity groups
  • Investment houses
  • Equity research firms and other stakeholders

The report gives the information about market segments to focus in next two to five years for prioritizing the efforts and investments

The generator sales market of 350-1000 kVA power range is estimated to grow at the highest rate in the power range segment. Demand for generators in malls, financial institutions, residential sector, and data centers among others in countries such as China, Brazil, Saudi Arabia, and India will drive the market. On the basis of type, diesel generator held the major market share in 2014, and is expected to continue the dominance during the forecast period. However, due to increasing environmental concerns, the gas generator sales market is expected to grow at a higher pace during the forecast period.

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