Generator Sets Market to gain substantial returns by 2024

Global Market Insights adds global Generator Sets Market report which focuses on the major drivers and restraints for the key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Generator Sets Market is predicted to reach over USD 35 billion by 2024. Inadequate power supply coupled with rising demand for consistent and continuous power will positively influence the generator sets market. The industry landscape is extensively driven owing to growing population and urbanization worldwide. Escalating frequency and intensity of weather-related calamities resulting in continued outages will further propel the product adoption.

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Key Highlights Of this Report:

Base Year: 2018

Growth Projections – 2019-2025

Historical data coverage: 2013 to 2017

Number of Pages – 440

Data Tables – 910

figures & charts – 32

The U.S. generator sets market, in 2017, was valued over USD 4 billion. Ageing electrical infrastructure coupled with worsening grid resiliency to natural disasters will enhance the industry growth. For instance, in 2017, Hurricane Irma knocked out electricity to approximately two-thirds of the power consumers of Florida. Furthermore, the insufficiency of the power grids to sustain rising demand load will further positively influence a wide-scale distribution of these units.

Increasing acceptance of power backup equipment to mitigate system interruptions, and loss of in-process data across information centers will enhance the generator sets market growth worldwide. Installation of power backup equipment has become dominant in the data center with the escalating outages cost. For instance, the Delta Airlines data center, in 2016, suffered a loss of more than USD 150 million resulting from outage occurring owing to electrical grid failure.

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Growth drivers Of Gas Turbine Market:

3.8.1.1  North America & Europe

3.8.1.1.1    Increasing intensity & frequency of weather related disasters

3.8.1.1.2    Escalating demand for data centers & rising costs of power outages

3.8.1.2  Asia Pacific & Latin America

3.8.1.2.1    Rapid industrialization & infrastructure development

3.8.1.2.2    Burgeoning telecom infrastructure

3.8.1.3  Africa

3.8.1.3.1    Unreliable grid infrastructure coupled with rapid population growth

 Europe generator sets market is expected to expand over 6% by 2024. Increasing infrastructural investments coupled with improving commercial & construction activities will offer a stimulus to the industry expansion. In addition, the ongoing growth of IT infrastructure is further enhancing the significant demand across the region. For instance, recently Amazon in Frankfurt constructed a new data center to comply with strict German data protection laws.

Eminent industry participants in generator sets market includes Kirloskar, Caterpillar, Briggs & Stratton, Honda, Generac, Kohler, Cummins, Ingersoll Rand, Yanmar, Atlas Copco, Manlift Group, John Deere, Mitsubishi amongst others.

Generator Sets Market Segmentation: –

Chapter 4  Generator Sets Market, By Current

4.1  Generator sets market share by current, 2017 & 2024

4.2  DC

4.2.1  Global market from DC, 2013 – 2024

4.2.2  Global market from DC, by region, 2013 – 2024

4.3  AC

4.3.1  Global market from AC, 2013 – 2024

4.3.2  Global market from AC, by region, 2013 – 2024

4.3.2.1  Single Phase

4.3.2.1.1    Global market from single phase, 2013 – 2024

4.3.2.1.2    Global market from single phase, by region, 2013 – 2024

4.3.2.2  Poly phase

4.3.2.2.1    Global market from poly phase, 2013 – 2024

4.3.2.2.2    Global market from poly phase, by region, 2013 – 2024

Chapter 5  Generator Sets Market, By Fuel

5.1  Generator sets market share by fuel, 2017 & 2024

5.2  Gasoline

5.2.1  Global market from gasoline, 2013 – 2024

5.2.2  Global market from gasoline, by region, 2013 – 2024

5.2.3  Global market from gasoline, by region, 2013 – 2024

5.3  Diesel

5.3.1  Global market from diesel, 2013 – 2024

5.3.2  Global market from diesel, by region, 2013 – 2024

5.4  Gas

5.4.1  Global market from gas, 2013 – 2024

5.4.2  Global market from gas, by region, 2013 – 2024

Chapter 6  Generator Sets Market, By Power Rating

6.1  Generator sets market share by power rating, 2017 & 2024

6.2  <50 kVA

6.2.1  Global market from <50 kVA, 2013 – 2024

6.2.2  Global market from <50 kVA, by region, 2013 – 2024

6.3  50-300 kVA

6.3.1  Global market from 50-300 kVA, 2013 – 2024

6.3.2  Global market from 50-300 kVA, by region, 2013 – 2024

6.4  300-1000 kVA

6.4.1  Global market from 300-1000 kVA, 2013 – 2024

6.4.2  Global market from 300-1000 kVA, by region, 2013 – 2024

6.5  >1000 kVA

6.5.1  Global market from >1000 kVA, 2013 – 2024

6.5.2  Global market from >1000 kVA, by region, 2013 – 2024

6.5.3  Global market from >1000 kVA, by region, 2013 – 2024

Chapter 7  Generator Sets Market, By Application

7.1  Generator sets market share by application, 2017 & 2024

7.2  Backup

7.2.1  Global market from backup, 2013 – 2024

7.2.2  Global market from backup, by region, 2013 – 2024

7.3  Prime Power

7.3.1  Global market from prime power, 2013 – 2024

7.3.2  Global market from prime power, by region, 2013 – 2024

Chapter 8  Generator Sets Market, By End-Use

8.1  Generator sets market share by end-use, 2017 & 2024

8.2  Residential

8.2.1  Global market from residential, 2013 – 2024

8.2.2  Global market from residential, by region, 2013 – 2024

8.3  Commercial

8.3.1  Global market from commercial, 2013 – 2024

8.3.2  Global market from commercial, by region, 2013 – 2024

8.4  Industrial

8.4.1  Global market from industrial, 2013 – 2024

8.4.2  Global market from industrial, by region, 2013 – 2024

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