gasoline gensets market
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Insights Into The Gasoline Gensets Market’s Growth Opportunities Through 2023-2032 – Includes Gasoline Gensets Market Report

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Growing demand for power supply is likely to encourage innovation in the production of petrol gensets, boosting the market during the forecast period.

 

The global gasoline gensets market is expected to grow from $3.26 billion in 2022 to $3.51 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The global gasoline gensets market size is expected to reach $4.53 billion in 2027 at a CAGR of 6.6%.

 

Get A Free Sample On The Global Gasoline Gensets Market Report:
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Global Gasoline Gensets Market Segments Include:

  • By Type: Portable, Stationary
  • By Power Rating: <2KVA, 2KVA – 3.5 KVA, 3.5KVA – 5KVA, 5KVA – 6.5KVA, 6.5KVA – 8KVA, 8KVA – 15KVA
  • By Phase: Single phase, Three phase
  • By End user: Residential, Commercial, Construction
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global gasoline gensets market in 2021.

 

Major Market Players in the gasoline gensets market include Cummins Inc., Caterpillar Inc., Yamaha Motor Co. Ltd., Siemens AG, Briggs & Stratton Corporation, Wacker Neuson SE, Kohler Co., Generac Holding Inc., Honda Motor Co. Ltd.

 

Product improvements are the most popular trend in the petrol generators industry. To gain a market position, major companies in the petrol gen-sets market are focusing on providing novel solutions. Cummins Inc, a US-based firm that designs, manufactures, and distributes engines, filtration, and power generation equipment, for example, debuted the C1250D6E and C1500D6E gen-sets, a centum series generator, in July 2022. The new Centum Series generators use high-efficiency engines that fit in a smaller footprint to exactly meet customers’ power needs. Centum Series generators provide maximum flexibility, signalling a significant shift in Cummins’ approach to power system design. all generator sets are powered by the Cummins QSK38 engine, a 12-cylinder vee-configuration diesel with bore and stroke dimensions of 159 x 159 mm and an overall displacement of 37.8 L, with standby ratings of 1250 and 1500 kW and prime/data centre continuous ratings of 1136 kW and 1364 kW, all at 60 Hz. Cummins QSK38 engines with over 2200 hp power the C1250D6E and C1500D6E, which are housed on a unique 38 L platform.

 

The Gasoline Gensets Global Market Report 2023  provides a gasoline gensets market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The gasoline gensets market forecast analyzes gasoline gensets market size, gasoline gensets market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

A petrol genset is a portable electric generator that runs and generates energy by burning petrol. It is used to provide power to houses or businesses that experience frequent power outages. Chemical energy is converted into mechanical energy by the machine.

 

Explore Similar Reports From The Business Research Company:

Gasoline Stations Global Market Report 2023

Gasoline Global Market Report 2023

Home Standby Gensets Global Market Report 2023

 

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