Global Electric Generators Market
Electrical And Electronics Manufacturing

Global Electric Generators Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Electric Generators Market Report by The Business Research Company covers electric generators market drivers and restraints, electric generators market size, major players, and the impact of COVID-19 on the electric generators market.

The power generator manufacturing market consists of sales of generators, which are machines that convert mechanical energy into electrical energy for applications in external circuits. A generator uses mechanical energy such as steam, gas, water to convert it into electrical energy for uninterrupted power supply.

Increasing demand from several industries such as mining, oil and gas, and pharmaceuticals is expected to contribute to the growth of the generator manufacturing market in the forecast period. The global electric generators market is expected to grow from $10.96 billion in 2020 to $11.49 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $12.71 billion in 2025 at a CAGR of 3%.

 

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Some electric generators market trends include companies increasingly manufacturing portable generators. A portable generator provides electricity by running a gas-powered/diesel-powered engine that turns an on-board alternator to generate electrical power. Rising demand for uninterrupted and reliable power supply is increasing the demand for portable generators. Portable generators offer several advantages such as flexibility, and increased ease of use.

 

Global electric generators market segments include:

1) By Type: Gas Generator, Diesel Generator, CKD Generator.

2) By Capacity:  Below 75 KVA, 75-375 KVA, 375-750 KVA, Above 750 KVA.

3) By Application: Stand By, Peak Shaving, Continuous.

4) By End User: Mining, Oil & Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Electric Generators Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:

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The Electric Generators Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides electric generators market overviews, analyzes and forecasts market size, share, electric generators market players, electric generators market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The electric generators market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Where To Learn More:

Read Electric Generators Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Aggreko, Atlas Copco, Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., Briggs & Stratton, Himoinsa, Wacker Neuson, Ingersoll Rand, Kohler-SDMO, Generac Power Systems, Mitsubishi Heavy Industries.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Electric Generators Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Electric Generators Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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Power Generation Global Market Report 2021: COVID-19 Impact And Recovery To 2030

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