Press release
Emerging Growth Trends Driving the Expansion of the Electric Generators Market
Electric Generators Market
Expected Growth and Market Size of the Electric Generators Market
The electric generators market is projected to reach a value of $35.74 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.3%. This steady expansion is influenced by a range of factors such as increased adoption in emerging economies, enhanced disaster preparedness efforts, the growth of electric vehicle charging infrastructure, evolving government energy policies, and the decentralization of power generation. Important trends shaping this market during the forecast period include the integration of digital technologies to improve user experiences, the rise of hybrid power systems, advances in remote monitoring and predictive maintenance, growing demand for clean energy, and a focus on grid stability and resilience.
Download a free sample of the electric generators market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3825&type=smp
Top Companies Leading the Electric Generators Market
Several prominent companies are driving the electric generators market forward. These include Kirloskar Electric Co. Ltd., Honda Motor Co. Ltd., Caterpillar Inc., Toshiba Corporation, Cummins Inc., General Electric Company, YAMAHA Motor Pvt. Ltd., Rolls-Royce Holdings plc, Atlas Copco, Doosan Group, Mahindra Powerol Ltd., Yanmar Co. Ltd., Westinghouse Electric Corporation, Mitsubishi Heavy Industries Ltd., Kohler Co., Hyundai Heavy Industries Co. Ltd., Wärtsilä Corporation, Ingersoll Rand, Sterling Generators Pvt. Ltd., Generac Holdings Inc., Cooper Corp., AKSA Power Generation, Wacker Neuson SE, Briggs & Stratton Corporation, Escorts Group, MQ Energy Inc., Powerica Ltd., Inmesol S.L, Firman Power Equipment, Champion Power Equipment Inc., and Albion Jvco Limited.
A notable development occurred in June 2024, when Germany-based Deutz AG acquired Blue Star Power Systems, Inc., a U.S. manufacturer specializing in rotary and solid-state power frequency converters. This acquisition aims to broaden Deutz's offerings and capitalize on Blue Star's expertise in power generation solutions tailored for industrial, commercial, and institutional sectors. Additionally, Athlon Generator, a U.S. company producing custom diesel and natural gas-powered electric generators, serves a wide range of applications in these sectors.
View the full electric generators market report:
https://www.thebusinessresearchcompany.com/report/electric-generators-global-market-report
Emerging Trends Influencing the Electric Generators Market
Many leading players in this industry are embracing government initiatives that focus on establishing and maintaining robust energy infrastructures. This includes investing in demonstration facilities-specialized sites created to test and showcase innovative technologies, particularly in energy, manufacturing, and sustainability. These initiatives help companies validate new advancements and demonstrate the practicality of renewable energy solutions.
A recent example of innovation is Panasonic Corporation's announcement in April 2024 about its upcoming launch of a 10 kW Pure Hydrogen Fuel Cell Generator. Scheduled for release in October 2024 across Europe, Australia, and China, this cogeneration system delivers up to 10 kW of DC power along with approximately 8.2 kW of heat for water heating. Key features include modular scalability supporting up to 250 units, adjustable power output in 1 kW increments, and versatile installation options. The generator boasts an electrical efficiency of 57% and heat recovery efficiency of 47%, promising reduced operational costs and a long lifespan of around 15 years, which translates to lower life cycle expenses.
Main Segments Covered in the Global Electric Generators Market
This report segments the electric generators market into primary categories:
1) By Type: Gas Generator, Diesel Generator, CKD Generator
2) By Capacity: Below 75 kva, 75-375 kva, 375-750 kva, Above 750 kva
3) By Application: Standby, Peak Shaving, Continuous
4) By End User: Mining, Oil and Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Other End-Users
Further breakdowns include:
- Gas Generators split into Natural Gas Generators and Propane Generators
- Diesel Generators divided into Portable Diesel Generators, Standby Diesel Generators, and Prime Power Diesel Generators
- CKD (Completely Knocked Down) Generators categorized as CKD Gas Generators and CKD Diesel Generators
This comprehensive segmentation provides a clear picture of the market's diversity and helps identify key areas of growth and specialization.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Emerging Growth Trends Driving the Expansion of the Electric Generators Market here
News-ID: 4321262 • Views: …
More Releases from The Business Research Company
In-Depth Examination of Market Segments, Industry Trends, and Key Competitors in …
The electric vehicle traction motor market is on the brink of remarkable expansion, driven by rapid advancements in technology and increasing environmental concerns. As the shift toward sustainable transportation accelerates, this sector is set to experience significant growth, fueled by evolving regulations and rising demand for energy-efficient solutions. Below, we explore the market size, key players, emerging trends, and segment insights shaping the future of electric vehicle traction motors.
Strong Growth…
Emerging Growth Patterns Driving Rapid Expansion in the Mammalian Cell Culture M …
The mammalian cell culture sector is poised for significant expansion as advances in biotechnology and therapeutic development accelerate. With growing demands for scalable systems and novel treatment approaches, this market is becoming increasingly vital for biopharmaceutical innovation and research. Let's explore the market size forecasts, key players, emerging trends, and major segments shaping the future of mammalian cell culture.
Projected Growth and Market Size of the Mammalian Cell Culture Industry
The mammalian…
Leading Companies Spearheading Innovation and Growth in the Rechargeable Poly Li …
The rechargeable poly lithium-ion battery market is set for substantial expansion in the coming years, driven by several transformative factors in technology and industry demand. With increasing reliance on electric vehicles, advancements in energy storage, and the integration of smart technologies, this sector is positioned to experience noteworthy growth. Let's explore the market size, key players, emerging trends, and segmentation that define this vibrant industry.
Forecasted Growth and Market Size of…
Emerging Sub-Segments Transforming the Lecithin Supplements Market Landscape
The lecithin supplements market is on track for significant expansion over the coming years, driven by evolving consumer preferences and technological advancements. As health and sustainability become increasingly important to buyers, this sector is positioned to experience robust growth fueled by innovation and demand for plant-based products.
Expected Growth and Size of the Lecithin Supplements Market by 2029
The lecithin supplements market is projected to reach $2.95 billion by 2029, growing at…
More Releases for Generator
Key Trends Reshaping the Military Generator Market: Innovative Military Generato …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts
Military Generator Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for military generators has experienced robust growth. It is expected to escalate from a value of $1.42 billion in 2024 to $1.5 billion by 2025, with a compound annual growth rate (CAGR)…
Action Generator Highlights Key Benefits of Professional Generator Installation …
Discover why professional generator installation in Houston ensures safety, efficiency, and peace of mind during outages and extreme weather.
Houston, TX - As power outages become more frequent due to extreme weather and increased demand on the electrical grid, ensuring a reliable backup power system has never been more important. Action Generator is bringing attention to the critical advantages of professional generator installation Houston [https://actiongenerator.net/generator-installation-houston/] for both residential and commercial properties.
Unlike…
The Lost Generator: Unlocking DIY Edison Generator Plan
These days, electricity can get very expensive and it's always a good idea to find ways of lowering those bills. While it's possible to use less energy, it's better to just generate electricity on your own. And that's where The Lost Generator comes into play. It's a different approach to energy generation while being safe and effective as well.
The Lost Generator offers access to a set of guidelines that help…
The Lost Generator Reviews: Legit Or Not? Edison Generator Insights (PDF)
The Lost Generator Reviews: Legit Or Not? Edison Generator Insights (PDF)
I'm thinking about buying The Lost Generator, a device that claims to save money and provide energy independence. It costs just $49 and promises big savings on energy bills. It's also a reliable backup power source, especially during power outages.
Having a steady energy source is key, and The Lost Generator seems like a good option. It's cheaper than traditional generators…
Backup Generator Iowa Publishes Details on Generac Generator in Clive IA
Backup Generator Iowa empowers homeowners with a detailed guide on Generac generator installation.
Backup Generator Iowa, a trusted provider of Generac generator installation, maintenance, and repair services, has released a comprehensive guide detailing the process of installing a Generac generator in Clive IA. This informative resource empowers Clive homeowners to make informed decisions about backup power solutions for their homes.
Learn more here [https://backupgeneratoriowa.com/2024/05/14/when-the-lights-go-out-finding-generator-repair-near-me-in-altoona-ia/].
"We understand that power outages can be a major…
Commercial Generator Market
In the past few years, the Commercial Generator market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Commercial Generator reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Commercial Generator market is full of uncertain. Report predicts that the global Commercial Generator market size will expected to achieve a…
