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Silent Generator Market Size, Share, By Type, Application, End Users, Countries And Industry Forecast 2022-2031
The global silent generators market report by the business research company the growing demand for continuous and reliable power supply during blackouts from the residential sector to be a major growth driver for the silent generators market. rented by an individual or by a company. Many of them are using generators mainly due to the lack of a reliable power supply and to overcome the blackouts or power outages in the residential sector. For instance, according to The International Energy Agency (IEA), a Paris-based autonomous intergovernmental organization, a semi-annual electricity market report forecasted an average annual growth of 2.7 percent in electricity demand from 2022 to 2024, though the Covid-19 pandemic and high energy prices cast doubt on this forecast. This increasing electricity demand will invariably increase the usage of silent generators to provide a continuous and reliable power supply. The growing demand for continuous and reliable power supply during blackouts from the residential sector is expected to propel the growth of the silent generator market in the coming yearsThe global silent generator market size is expected to grow from $2.48 billion in 2021 to $2.67 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The global silent generator market size is expected to grow to $3.82 billion in 2026 at a CAGR of 9.3%.
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North America was the largest region in the silent generator market in 2021. The regions covered in the global silent generators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the silent generator market are Atlas Copco, Constant Power Solutions Ltd, Cummins Inc, Fujian Epos Electric Machinery, Generac, Greaves Cotton Limited, Himoinsa, Honda, Huu Toan Corporation, Jiangxi Vigorous New Energy Technology Co. Ltd, Kingway Group, Jakson Group, Yamaha, and Yanmar.
The global silent generator market is segmented -
1) By Type: Portable, Stationary
2) By Power Rating: Upto 25 KVA, 25 KVA- 49 KVA, 50 - 99 KVA, 100- 499 KVA, Above 500 KVA
3) By Fuel Type: Gas, Diesel, Others
4) By Application: Standby and Peak, Prime Mover
5) By End-User: Residential, Commercial, Industrial
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The Silent generators market Report Contents Include
1. Executive Summary
2. Silent Generator Market Characteristics
3. Silent Generator Market Trends And Strategies
4. Impact Of COVID-19 On Silent Generator
5. Silent Generator Market Size And Growth
........
26. Africa Silent Generator Market
27. Silent Generator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Silent Generator Market
29. Silent Generator Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the silent generators market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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