Generator Sets Market trends research and projections for 2017 – 2024

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Generator Sets Market is set to witness an annual
shipment of over 13 million units by 2024
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Generator Sets Market Industry

• Intensifying demand for self-generating power
  owing to unreliable grid infrastructure and
  chronic power shortages will drive the global
  generator sets market size. The industry growth
  is primarily attributed to rapid
  industrialization, expanding population size and
  inadequate power supply across the emerging
  economies. According to the International Energy
  Agency, power grid supply is unavailable for more
  than 540 hours per year in the sub-Saharan
  Africa.
• The exponential expansion of the data center
  industry corresponds to a significant growth in
  the generator sets market. Strengthening demand
  of gensets across the financial services firms,
  insurance companies, and IT services will
  positively impact the business landscape. Ability
  to backup power interruptions including voltage
  fluctuations or electrical outages will reinforce
  the deployment of generator sets.
• Superior fuel efficiency, lower capital and
  operational expenditure along with lower emission
  generation are the key defining features
  encouraging the DC generator sets market. Ability
  to offer harmonized integration with renewable
  solutions including solar and wind power will
  fuel the industry growth.

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• Polyphase is predicted to expand over 6 by
  2024. High flexibility, invariable power supply,
  and appreciable material efficiency are some of
  the distinguishing characteristics supporting the
  product growth. These gensets are primarily
  installed for larger industrial power generation
  and across commercial environments.
• Reasons to Buy This Report
• 1. Generator Sets Market size share
  forecast by product application, 2017-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Generator Sets Market growth
  opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• The gt1000 kVA power rating in 2016, accounted for
  over 15 of generator sets market share owing to
  its widespread deployment potential in the
  industrial sector. Burgeoning manufacturing, and
  infrastructure sectors will further entail the
  extensive installation of these units.
• Ongoing expansion upgradation of telecom
  infrastructure to advance high-speed data
  services coupled with legislative initiatives to
  extend internet connectivity will boost the
  demand for lt50 kVA gensets.

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