Title: PPT for Generator Market Latest Update, 2017
1Generator Market Trend and Forecast 2017-2024
Generator Market Size, Industry Analysis Report,
Regional Outlook (U.S., Canada, Mexico, Russia,
UK, Germany, France, Italy, China, India, Japan,
Indonesia, South Korea, South Africa, Brazil),
Application Opportunities, Competitive Market
Share and Forecast, 2016 2024
2Global Market Scenario of Generator
- Global Generator Market size is anticipated to
witness growth owing to increasing demand for
continuous and stable power supply. Rapid
industrialization and urbanization are
responsible to encourage electricity demand. - Increasing demand for off grid infrastructure in
remote areas will propel global generator market
share. - In sub-Saharan Africa, more than 600 million
people live without electricity access. - Rising concerns for environmental pollution
coupled with strict regulatory framework may
hamper the growth of global generator market. - Increased government regulations concerning with
environmental pollution may also among the major
restraint. Industry has witnessed several merger,
acquisition and joint venture strategies to
enhance their business presence. - In January 2017, Generac Power Systems has
acquired Motor tech, a global supplier of gaseous
fueled generators to expand their business.
3- Product Analysis-
- generator market can be segmented into single
phase and three phase generators. Single phase
generators is expected to witness growth owing to
its wide application in small industries and
residential sector. Three phase generators market
is anticipated to witness growth on account of
rapid industrialization along with increasing
electricity demand. It finds wide application in
commercial sector. - Based on fuel, generator market can be segmented
into gasoline, natural gas, propane and diesel.
Diesel generator may will witness significant
growth due to excellent engine life, higher fire
and personal safety features. Ease fuel
availability may further complement the industry
outlook. It finds application in numerous fields
including aviation, healthcare, datacenters and
marine. - Regional Trends-
- The U.S. generator market size will witness
significant growth owing to increased industrial
and military spending as the U.S. recovers from
global financial crisis. In 2015, the U.S. spent
around USD 600 billion on military. - Europe generator market is expected to witness
substantial growth on account of increasing
emphasis towards renewable energy technology
adoption.
4- Competitive Trends
- Major participants in generator market include
American Honda Motor, Cummins, General Electric,
Yamaha and Perkins Engines, Siemens AG, Generac
Power Systems, ABB and Hyundai Power Equipment.
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