Press release
Global Gas Generator Market Become Dominant At CAGR Of 8.01% By 2021
About Gas Generator Market
An internal combustion engine that uses propane gas or natural gas to produce electrical energy that has been converted from mechanical energy, with the help of generator assembly is called a gas generator. Generators are devices that convert mechanical energy into electrical energy. An internal combustion engine makes use of either diesel, gasoline, propane gas, or natural gas to produce mechanical energy, which is then converted into electrical energy with the help of a generator assembly. Because generators are designed to provide temporary AC or DC power, they serve as sources of backup or emergency power for use in residential, commercial, and industrial applications. A fuel engine powers a conventional generator.
Technavios analysts forecast the global gas generator market to grow at a CAGR of 8.01% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gas generator market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Gas Generator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Caterpillar
Cummins
Generac Power Systems
Kohler
Other prominent vendors
APR Energy
Aggreko
Briggs and Stratton
Camda New Energy Equipment
Cooper Corporation
Dresser-Rand
Elcos
F.G. Wilson
General Electric
Genesal Energy
GENMAC
Greaves Cotton
Guangdong Honny Power-Tech
Guangdong Westinpower
HIMOINSA
HIPOWER
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JAKSON GROUP
Kirloskar Oil Engines
MAN Truck & Bus
MITSUBISHI HEAVY INDUSTRIES
Perkins Engines Company
Powerica
PR INDUSTRIAL (PRAMAC)
Rolls-Royce Power Systems
Shandong Naipute Gas Power
Sudhir Power
Wrtsil
Wuxi Baifa Power
Yamaha Motor
Market driver
Growing popularity of gas generators
For a full, detailed list, view our report
Market challenge
Technological advances in diesel generators impact the adoption of gas generators
For a full, detailed list, view our report
Market trend
Emerging alternative backup power equipment
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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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Table of Contents
Executive summary
Scope of the report
Research Methodology
Introduction
Market outline
Market landscape
Market size and forecast
Five forces analysis
Market segmentation by end-user
Market overview
Global gas generator market by industrial segment
Global gas generator market by commercial segment
Global gas generator market by residential segment
Geographical segmentation
Market overview
Gas generator market in Americas
Gas generator market in EMEA
Gas generator market in APAC
Decision framework
Drivers and challenges
Market drivers
Market challenges
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