Press release
Global stationary gas generator market to grow at a CAGR of 8.1% over the period 2014-2019
Description
Generators are backup devices designed to provide temporary AC or DC power using the supplied fuel (gasoline, diesel, or gas). They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered by a fuel engine. Portable generators are the best solutions to provide AC power for standby, non-hardwired applications. Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings and industrial and infrastructure sites. In short, they can be utilized wherever a grid is unavailable.
Technavio's analysts forecast the global stationary gas generator market to grow at a CAGR of 8.1% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global stationary gas generator market for 2015-2019. The market can be segmented into three divisions on the basis of product range: less than 60 kW, 61-1,000 kW, and above 1,000 kW stationary gas generators. In addition, the report includes the segmentation of the global stationary gas generator market on the basis of geography.
Technavio's report, Global Stationary Gas Generator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Key vendors
Briggs & Stratton
Caterpillar
Cummins
Generac Holdings
Kohler
Other prominent vendors
Mitsubishi Heavy Industries
Perkins
Pramac
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Key market driver
Increased use of gas generators by industrial users
For a full, detailed list, view our report
Key market challenge
Replacement of generators with alternative energy sources
For a full, detailed list, view our report
Key market trend
Growing European gas generators market
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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