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Gas Generator Market is Expected to Grow at a CAGR of 8% from 2016 to 2023

10-24-2017 06:09 AM CET | Energy & Environment

Press release from: Market Research Future

Market Highlights
A Gas Generator is a device normally used to generate electricity, by propelling the gas over the turbine in a compressed state. Gas generators have been in use as auxiliary power equipment for a long time in residential households.
Currently, the market is experiencing strong demand for generators with capacity less than 300 kW and above 1 MW. Generators with capacity less than 300 kW are primarily used in small-scale industries where the total load is less and the operation is of short timeline. The demand for these category of generators is likely to come from emerging industries in the developing nations such as, China and India, as these countries are the center of small cost-driven businesses who are slowing grasping market. Also, the growing power outage rates in this countries have certainly increased the demand for gas generators.

The growing need for uninterrupted power supply during power outages and power failure has boosted the adoption of gas generator in all major sectors. Phenomenal growth in healthcare infrastructure, rising demand for data centers & IT facilities and rapid urbanization in developing countries are driving the global gas generator market. However, limited power generation capacity, high maintenance & operating cost and rise in transmission & distribution expenditure may hinder the Global Gas Generator Market.

Gas Generator Market is expected to grow over the CAGR of more than 8% during the period 2017 to 2023

Key Players
• The key players of global gas generator market are
• APR Energy (USA),
• Siemens Ltd. (Germany),
• General Electric Company (USA),
• Aggreko plc (U.K),
• Toshiba Corporation (Japan),
• Hyundai Heavy Industries Co., Ltd. (South Korea),
• Mitsubishi Electric Corporation (Japan),
• Hyosung Corporation (South Korea),
• Bharat Heavy Electricals Limited (India)
• Perkins Engines Company Limited (U.K).

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Asia-Pacific region is expected to grow at the fastest rate
The gas generator market in the Asia-Pacific region is currently leading and is followed by Europe market. The rapid industrial development in the countries such as India and China, where there are issues with continuous electricity supply, is driving the market for power transformers. Also R&D and utilization of ultra-high voltage transformers in China and India will drive power transformer market.

Scope of the Report
The scope of the study segments the global gas generator market by its power capacity, by end-user, by regions.
By Power Capacity
• 300 kW
• 301 kW-1 MW
• < 1 MW
By End-User
• Residential
• Commercial & Industrial
• Utility
By Regions
• North America
• Asia Pacific
• Europe
Rest of the World .

For further information on this report, visit @ https://www.marketresearchfuture.com/reports/gas-generator-market-4364

Table of Content

1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Gas Generator Market, By Power Capacity
4.1 Introduction
4.2 > 300 KW
4.3 301 KW-1 MW
4.4 < 1 MW
5 Global Gas Generator Market, By End-User
Continue……….

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

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