Gasoline Generator Market to Account for 3.7% Market Share Throughout 2017-2027

The global gasoline generator market accounted for almost 4% of the global generator market in 2016 making its study critical. Future Market Insights in its recent report ‘Gasoline Generator Market: Global Industry Analysis 2012– 2016 and Opportunity Assessment 2017–2027’ has done exactly that and the prospects for key stakeholders in the global gasoline generator market seem bright indeed. The gasoline generator market is anticipated to record a CAGR of 3.7% for the period 2017- 2027 and approach a billion dollars in value by the end of the forecast period.

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Region – Focus on North America in the Gasoline Generator Market

North America accounts for more than 1/3rd share of the global gasoline generator market in 2017 and is unlikely to cede this strong position to APEJ anytime soon. An incremental dollar opportunity of more than US$ 110 million exists in North America between 2017 and 2027 that can be mainly attributed to non-residential construction activities in the U.S., supported by large infrastructural investments.

Competition Dashboard in the Gasoline Generator Market

The companies profiled in the gasoline generator market report are Kohler Co., Honda Motor Co. Ltd., Generac Power Systems, Yamaha Motor Co., SGS Engineering, Hyundai Power Equipment, Stephill Generators Ltd., Champion Power Equipment, Stanley Black & Decker, Techtronic Industries, Briggs & Stratton Corporation, WEN Products, Lifan Power USA, A-iPower, Westinghouse Electric Corporation, Honeywell International Inc., Zhejiang Wanhao Machine Science and Technology Co. and Nidec Corporation.

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Key Insights on the Gasoline Generator Market

Companies have to optimise their value chain to enhance and strengthen their presence in the global gasoline generator market. Innovation is critical as the gasoline generator market is brutally competitive with smaller players struggling to make their mark. Noise and weight reduction in portable gasoline generators can be a game-changer along with developing products that are cost-effective. All these factors will further the penetration of gasoline generators in the residential sector of the gasoline generator market.

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This release was published on openPR.