Generator Market Growth, Trend, Price and Forecast to 2024 Generator Market - Global Industry Analysis, Size, | Page 2
sets and commercial & industrial generator sets. Based on application, generator
sets are segmented into prime continuous power, standby backup power, and peak
shaving power. All the segments have been analyzed based on present and future
trends, and the market has been estimated from 2016 to 2024. Diesel generator
sets are the most widely used fuel type generators across the globe. However,
demand for natural gas generator sets is also increasing rapidly. Commercial &
industrial end-users of generator sets accounted for the major share of the
generator market. Generator sets are mostly used for standby backup power and
prime continuous power.
The generator market has been segmented based on geography into North
America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Demand for
each type of generator sets in terms of revenue for each of these regions has been
forecast in the report for the period from 2016 to 2024.
Leading manufacturers profiled in the report include Briggs & Stratton Corporation,
Caterpillar Inc., Cummins Inc., Generac Holdings, Inc., Kirloskar Electric Company
Ltd., Kohler Co., Mitsubishi Heavy Industries, Ltd., Multiquip Inc., Wärtsilä
Corporation, and Yanmar Co., Ltd. These companies have been profiled in detail with
features such as company overview, financial overview, business strategies,
employee strength, and recent developments.
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Generator Market – Fuel Type Segment Analysis
Diesel Generator Sets
Natural Gas Generator Sets
Other Fuels Generator Sets
Generator Market – Power Rating Segment Analysis
Below 100 kVA
100–350 kVA
350–1000 kVA
Above 1000 kVA