Asia Pacific Generator Sales Market Opportunities and Challenges

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Asia Pacific Generator Sales Market by Fuel Type
(Diesel, Gas), Power Rating (lt100kVA, 100-350kVA,
350-1000-2500kVA, 2500-5000kVA, gt5000kVA),
Application (Standby, Continuous, Peak Shaving),
End-User, Country - Forecast to 2025
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The report "Asia Pacific Generator Sales Market
by Fuel Type (Diesel, Gas), Power Rating
(lt100kVA, 100-350kVA, 350-1000-2500kVA,
2500-5000kVA, gt5000kVA), Application (Standby,
Continuous, Peak Shaving), End-User, Country -
Forecast to 2025", size is projected to reach USD
8.8 billion by 2025 from an estimated USD 6.8
billion in 2020, at a CAGR of 5.1 during the
forecast period. Increasing demand for
uninterrupted and reliable power supply in
several industries is driving the growth of the
market. Moreover, the electrification of rural
areas in developing countries is likely to
provide opportunities for Asia Pacific generator
sales industry. View detailed Table of Content
here https//www.marketsandmarkets.com/Market-R
eports/asia-pacific-generator-sales-market-1503079
02.html
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The industrial end-user segment is expected to
grow at the highest CAGR from 2020 to
2025. Industrial generators ensure a continuous
supply of power in the event of power failure
from the grid system. Thus, such generators
guarantee an efficient performance of the
equipment, in case there are breaks on the
electric supply. Moreover, mining industries
raise the demand for diesel generators as they
provide over 70 of all the power needed in
mining operations by heavy-duty equipment, such
as excavating machinery, drillers, conveyor
belts, and cranes. Developing countries, such as
China, India, and Thailand, are witnessing rapid
industrialization and have introduced several
policies to support industrial growth, including
adequate power supply. Thus, industries keep
generators for peak shaving time to continue
their operations irrespective of power outages in
remote locations. These factors drive the growth
of the industrial generator sales market. Make an
Inquiry https//www.marketsandmarkets.com/Enquir
y_Before_BuyingNew.asp?id150307902

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The 2,5005,000 kVA power rating segment is
expected to grow at the highest CAGR in the Asia
Pacific generator sales industry during the
forecast period. Generators with a capacity of
2,5005,000 kVA are mostly used in large
manufacturing facilities, power generation, and
commercial sectorsthe end-users select generator
capacity based on their requirements. For
instance, in 2018, GE Renewable Energy and GE
Power provided 270 MW of wind energy capacity to
Wind Energy Holding for the Theparak Wind Farm in
Central Thailand. Such developments drive the
demand for electric generators as
electromechanical generators in power plants
generate power. Therefore, high demand in the
power generation sector is expected to emerge as
key revenue pockets for the 2,5005,000 kVA
generators in the Asia Pacific generator sales
market

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Browse gtgt 82 market data
tables 50 figures
173 pages and in-depth TOC on Asia
Pacific Generator Sales Market - Global Forecast
to 2025 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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The standby segment is expected to grow at the
highest CAGR during the forecast period. Standby
power generators are used in applications
requiring a regular power supply to carry out
operations. Their primary function is to supply
emergency power for a limited duration during a
power outage. Moreover, commercial buildings,
such as the telecom industry, hospitals, data
centers, and office buildings, require emergency
power. Hospitals and data centers consume a large
amount of energy and require generator sets that
are reliable and ensure continuous power supply
in the event of grid failure and power outages.
Also, in the Asia Pacific region, the use of
standby diesel generators is high due to the
availability of fuel and as it offers continuous
power supply during peak hours. Further, standby
gensets are witnessing increasing demand due to
the increased demand from hospitals and data
centers for uninterrupted and reliable power
supply in the Asia Pacific region.
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China is expected to be the largest market during
the forecast period. China, India, Japan,
Australia, South Korea, Thailand, Laos, Myanmar,
Vietnam, Cambodia, Indonesia, Bangladesh, and
Pakistan are the major countries considered for
the study of the Asia Pacific generator sales
market. China is estimated to be the largest
market from 2020 to 2025, driven by the
development of industrial and real estate sectors
in line with increased industrialization and
urbanization in the country. According to the
National Bureau of Statistics (NBS), the real
state development in China mainly focused on the
residential and commercial sectors, including
office space in 2018. Hence, rising the demand
for emergency generators in the market owing to
increased power outages during peak hours and
non-availability of the grid line, thereby making
China one of the largest generator sales markets
among all countries. Speak to Analyst
_at_ https//www.marketsandmarkets.com/speaktoanalyst
New.asp?id150307902
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the Asia
  Pacific Generator Sales Market. These include
• Caterpillar (US),
• Cummins (US),
• Generac (US),
• Wärtsilä (Finland),
• Mitsubishi Heavy Industries (Japan),
• Rolls-Royce Holdings (UK),
• Yanmar (Japan),
• Siemens (Germany),
• Weichai Group (China),
• Sterling Wilson (India) and many more...
• Buy Now - https//www.marketsandmarkets.com/Purc
  hase/purchase_reportNew.asp?id150307902

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