openPR Logo
Press release

Commercial Generator Market Projected to Soar at 7.5% CAGR from 2022 to 2030 Due to Rising Demand for Backup Power and Renewable Energy Adoption

05-16-2024 11:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

Dataintelo proudly announces the publication of its newest report revealing promising growth in the global Commercial Generator market, with an expected compound annual growth rate (๐‚๐€๐†๐‘) of 7.5% from 2022 to 2030. This growth is due mainly to the burgeoning demand for backup power solutions and increasing concerns about grid reliability. The report also highlights a significant market boost expected from the rising adoption of renewable energy sources.

The Commercial Generator market serves as a crucial component in the energy sector, supplying critical power solutions to various commercial industries. With increasing power outage issues and the need for uninterrupted power supply, the market for these generators has witnessed a substantial demand lift. This report by Dataintelo provides a comprehensive analysis of this emerging trend and its substantial influence on market dynamics.

A significant factor propelling the market growth is increasing reliance on renewable energy sources, as mentioned in the report. Adoption of wind and solar power, hydroelectricity, and various other renewable resources has exhibited substantial growth, which is likely to directly impact the Commercial Generator market, resulting in steady market expansion over the next decade.

In addition to illuminating these significant growth factors, the Dataintelo report provides in-depth analysis on market segmentation, covering various types and applications of commercial generators. This inclusive study offers valuable insights for stakeholders, potential investors, and market participants to understand the Commercial Generator market landscape and capitalize on arising business opportunities.

Dataintelo's report underscores the competitive landscape of the global Commercial Generator market, offering detailed profiles of market leaders and emerging players. The study also includes regional market analysis, focusing on North America, Europe, Asia-Pacific, and other key regions. With this finely segmented and detailed analysis, the report ensures a comprehensive understanding of the global Commercial Generator market, shaping the future of power solutions across the globe

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/11593

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The commercial generator market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Diesel Generator
โ— Natural Gas Generator
โ— Bi-Fuel
โ— Propane
โ— Hybrid

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Supermarket
โ— Shopping Mall
โ— Hotel & Restaurant
โ— Convenience Store
โ— School
โ— Hospital
โ— Data Center
โ— Telecom
โ— Construction
โ— Manufacturing
โ— Industrial
โ— Other

๐๐จ๐ฐ๐ž๐ซ ๐‘๐š๐ญ๐ข๐ง๐ 
โ— Below 50kW
โ— 50kW-200kW
โ— Above 200kW

๐๐จ๐ซ๐ญ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ
โ— Stationary
โ— Portable

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Eaton
โ— Honda
โ— ABB
โ— CAT
โ— JCB
โ— Generac
โ— Cummins
โ— Honeywell
โ— Kohler
โ— Caterpillar
โ— Mi-T-M
โ— SME



The global commercial generator market's segmentation is broad and diverse, responding to a variety of needs in different commercial sectors. Different types of generators are offered in the market including diesel generators, natural gas generators, propane, bi-fuel, and hybrid. Each type of generator compliments the specific operational needs in different commercial settings. For instance, diesel generators are widely popular due to their fuel-efficiency and high power output. On the other hand, natural gas generators produce less noise and are considered environmentally-friendly, hence their preference in regions with strict emission regulations. The market segmentation also extends to the application of the generator, with commercial sectors such as supermarkets, shopping malls, hotels and restaurants, schools, hospitals, data centers, and telecom among others requiring these power solutions. Varying power ratings are also offered in this market segment, with generators below 50kW, those between 50kW-200kW, and those above 200kW available to meet different power needs. Furthermore, the market is subdivided into portable and stationary generators, which cater to permanent and temporary power needs respectively.

In terms of ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, the commercial generator market is spread across different world regions including Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. The spread of this market attests to the global need for commercial generators. Developed economies in North America and Europe have a robust market, attributed to well-established commercial sectors that have continual power needs. The Asia Pacific region, on the other hand, presents a rapidly expanding market, supported by the fast-paced industrialization in this region and increased power demands. In the Middle East & Africa, the commercial generator market is largely driven by the construction sector, and in Latin America, the market continues to grow as the region makes strides in the commercial and industrial sectors. Notably, key players operate in these regions to ensure the supply of commercial generators meets the demand. These include established companies such as Eaton, Honda, ABB, CAT, Generac, Cummins, Honeywell, Kohler, and Caterpillar amongst others

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/11593

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

1. Increasing incidences of power outages: The rise in power outages, especially in countries with poor electrical infrastructure, is pushing the demand for commercial generators.

2. Growing Industrialization: Rapid industrialization across the globe is leading to an increased demand for uninterrupted power supply, thus driving the market for commercial generators.

3. Increase in construction and infrastructural projects: Modern construction projects and infrastructure developments often require a steady supply of electricity, further driving the demand for commercial generators.

4. Natural disasters and emergencies: The high frequency of natural disasters and emergencies increases the need for backup power solutions, thereby driving the commercial generator market.

5. Growing demand for continuous power supply in critical industries: Industries like healthcare, data centers, construction, etc., require a continuous power supply for their operations, driving the commercial generator market.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

1. Technological advancements: Innovations in generator technology, such as remote monitoring and control, can open up new market opportunities. Additionally, with the advancement in renewable energy technologies, hybrid generators are a significant market opportunity.

2. Growth in developing nations: Developing countries are witnessing robust growth in terms of urbanization and industrialization. This development boom offers substantial market ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซcommercial generators.

3. Off-grid power supply: Remote areas where the grid power supply is not available offer a considerable opportunity for commercial generators.

4. Increase in outdoor events: More outdoor events like concerts, sports events, outdoor weddings, etc., need consistent power supply, creating an opportunity for generator companies.

5. Growth in the data center market: With the digital revolution, the number of data centers is increasing globally, requiring high power supply, providing significant market ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซthe commercial generator market

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/11593

This report is ideal for startups, large corporations, and small-to-medium businesses looking to stay ahead of the competition. This can also be beneficial for business strategists, industry executives, marketing professionals and consultants, technology providers, and investors who wish to understand the market trends and its future implications better.

Dataintelo is a renowned market research company that provides reliable reports, making it a good resource to make strategic decisions. They offer reports based on thorough research and deep analysis, which ensures the accuracy of the data provided. Additionally, Dataintelo offers 24/7 customer support that aids clients in resolving their queries promptly. Also, their tailored research services cater to all types of businesses which makes them a popular choice among numerous industries. They offer a wide range of insights and deliver up-to-date research data, which helps businesses identify ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซgrowth and innovation

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Commercial Generator Market Projected to Soar at 7.5% CAGR from 2022 to 2030 Due to Rising Demand for Backup Power and Renewable Energy Adoption here

News-ID: 3499087 • Views: โ€ฆ

More Releases from Dataintelo

Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of XX%, Segmented by Type, Manufacturing Process, Application, and More, Reveals Dataintelo Report
Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of โ€ฆ
Dataintelo has recently unveiled a comprehensive analysis on the Carbon Carbon Composite Brake Disc Market in its latest report. The research, which is segmented by Type (2D C/C composite, 2.5D C/C composite, 3D C/C composite), by Manufacturing Process (Blow Moulding, Injection Moulding) and by Application (Motorsport, Aerospace, Heavy Vehicles), among other factors, anticipates the market to grow at a significant CAGR of XX% during the forecast period. The report considersโ€ฆ
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in Dataintelo's Latest Research Report Covering In-Depth Analysis of Leading Players and Key Sectors
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in โ€ฆ
Dataintelo has recently published a comprehensive study on the AR Optical Waveguide Module Market, revealing a forecast annual growth rate (CAGR) of XX%. The report is detailed and breaks down its research by aspects such as Light Detection (Infrared, Ultraviolet, Visible Light), Waveguide Type (Planar Waveguide, Channel Waveguide), Material Type (Polymer, LiNbO3, Glass, Silicon), Application (Telecommunication, Healthcare, Industrial, Aerospace and Defense), and Component (Input/Output Coupler, Waveguide Core, Cladding). The report segmentsโ€ฆ
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Players ABB Group, Yaskawa Electric Corporation, and Fanuc Corporation
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Pla โ€ฆ
In a newly published report from Dataintelo, it is revealed that the 6-Axis Robots Market is projected to experience a substantial growth, marking a significant CAGR in the forecast period. The comprehensive study is segmented by type, including Articulated, Cylindrical, Spherical, and Cartesian robots, and by application, encompassing Material Handling, Welding, Painting, and Assembly amongst others. Additionally, it explores various end-use industries, such as Automotive, Electrical and Electronics, Metals andโ€ฆ
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study on Product Types, Applications, End-users, and Key Players
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study โ€ฆ
In an insightful investigation of the Mesotherapy Market, Dataintelo unveils a comprehensive analysis of the key growth markers, restraints, and business prospects that will shape the industry dynamics in the coming years. The report is segmented by Product Type (Plant Extracts, Hormones, Enzymes, Vitamins, Others), by Application (Non-Surgical Liposuction, Body Contouring, Hair Restoration, Others), by End-user (Hospitals, Speciality Clinics, Aesthetic Centers), and by Technique (Nappage, Point by Point, Mesoperfusion, Mesolift,โ€ฆ

All 4 Releases


More Releases for Data

Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn. Data Catalog Market Report Scope and Research Methodology The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveragingโ€ฆ
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need toโ€ฆ
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI andโ€ฆ
Test Data Management (TDM) Market - test data profiling, test data planning, tes โ€ฆ
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumptionโ€ฆ
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, โ€ฆ
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOYโ€ฆ
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W โ€ฆ
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is toโ€ฆ