Stationary Generators Market Detailed Analysis and Forecast up to 2032

Electricity has become a need in today's world, especially for economic development. However, the available grid infrastructure is insufficient to meet to increasing demand for power. A stationary generator is a backup electrical system that operates automatically. These are used when there is a requirement of high power, such as those of an enterprise, for very long periods. Stationary generators provide power by being hard-wired into the main distribution panel and can be started manually or even automatically in the event of a power outage.

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The stationary generators market is anticipated to see lucrative opportunities in the forecasted period owing to the growing demand for uninterrupted power. The rise in economic development has led to significant investments in industrialization thus leading to a rise in demand for energy across the globe. Moreover, the high need to ease power interruptions is also anticipated to bolster the stationary power generators market and thus create great opportunities in the future for revenue generation. Moreover, technological advances in generators will have a huge impact on the market too, such as the development of dual-fuel and tri-fuel systems. These systems allow engines to operate on CNG without incorporating any prominent and permanent changes in the engines.

Apart from the technological advances in generators, factors such as the rising preference for gas as a clean fuel for generators and the growing investments in smart grids will have a substantial impact on the growth of the stationary generator market in the upcoming period.

Regional analysis

The global stationary generators market is studied across major four regional markets including North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to be the largest market over the coming years in response to the huge investments by emerging economies in infrastructure development. In addition to this, soaring demand for energy and power in India and China fueled by their large populations is further expected to complement the growth of this region. Besides this, the Middle East and Africa are expected to register significant growth due to consistent exploration of oil & gas.

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Key Stationary Generators Market Segments:

By Fuel Type

Diesel
Gas
Others

By Application

Residential Use
Industrial Use
Commercial Use

By Power

Power Rating Below 100 kVA
Power Rating 100-350 kVA
Power Rating 351-1000 kVA
Power Rating Above 1000 kVA

By Industrial Vertical

Transportation
Marine
Space
Aviation Industry
Mining
Construction
Others

Key Market Players

Cummins Inc.
John Deere
Briggs and Stratton
FG Wilson
American Honda Motor Company, Inc.
PRAMAC
Generac Power Systems
Ingersoll Rand
Kirloskar Electric Co. Ltd
Aggreko
Caterpillar Inc.

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COVID-19 impact

- The global market for stationary generators has been severely impacted by the outbreak of the COVID-19 pandemic.
- The COVID-19 pandemic saw a decline in economic growth in almost all the major countries, thus affecting consumer spending patterns.
- Owing to the lockdown implemented across various countries, national and international transport has been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply-demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of stationary generators, which negatively impacts the market growth.
- However, this situation is expected to improve as the government has started relaxing norms around the world for resuming business activities.

Key benefits of the report:

- This study presents the analytical depiction of the global stationary generators market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global stationary generators market share.
- The current market is quantitatively analyzed to highlight the global stationary generators market growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global stationary generators market analysis depending on competitive intensity and how the competition will take shape in coming years.

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Table Of Content

Chapter 1: INTRODUCTION

Chapter 2: EXECUTIVE SUMMARY

Chapter 3: MARKET LANDSCAPE

Chapter 4: STATIONARY GENERATORS MARKET, BY FUEL TYPE

Chapter 5: STATIONARY GENERATORS MARKET, BY APPLICATION

Chapter 6: STATIONARY GENERATORS MARKET, BY POWER

Chapter 7: STATIONARY GENERATORS MARKET, BY INDUSTRIAL VERTICAL

Chapter 8: STATIONARY GENERATORS MARKET, BY REGION

Chapter 9: COMPETITIVE LANDSCAPE

Chapter 10: COMPANY PROFILES

LIST OF TABLES

LIST OF FIGURES

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