Gas Generator Market: Opportunities, Trends, Competitive Strategies and Forecasts 2023

Market Highlights

A Gas Generator is a device normally used to generate electricity, by propelling the gas over the turbine in a compressed state. Gas generators have been in use as auxiliary power equipment for a long time in residential households.

Currently, the market is experiencing strong demand for generators with capacity less than 300 kW and above 1 MW. Generators with capacity less than 300 kW are primarily used in small-scale industries where the total load is less and the operation is of short timeline. The demand for these category of generators is likely to come from emerging industries in the developing nations such as, China and India, as these countries are the center of small cost-driven businesses who are slowing grasping market. Also, the growing power outage rates in this countries have certainly increased the demand for gas generators.

The growing need for uninterrupted power supply during power outages and power failure has boosted the adoption of gas generator in all major sectors. Phenomenal growth in healthcare infrastructure, rising demand for data centers & IT facilities and rapid urbanization in developing countries are driving the global gas generator market. However, limited power generation capacity, high maintenance & operating cost and rise in transmission & distribution expenditure may hinder the Global Gas Generator Market.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Gas Generator Market Research Report- Forecast to 2023”

Gas Generator Market is expected to grow over the CAGR of more than 8% during the period 2017 to 2023

Key Players

The key players of global gas generator market are

• APR Energy (USA),
• Siemens Ltd. (Germany),
• General Electric Company (USA),
• Aggreko plc (U.K),
• Toshiba Corporation (Japan),
• Hyundai Heavy Industries Co., Ltd. (South Korea),
• Mitsubishi Electric Corporation (Japan),
• Hyosung Corporation (South Korea),
• Bharat Heavy Electricals Limited (India)
• Perkins Engines Company Limited (U.K).

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 Market Research Analysis

> 300 kW power capacity gas generator is expected to grow at the fastest rate

Currently, the market is experiencing strong demand for generators with capacity less than 300 kW and above 1 MW. Generators with capacity less than 300 kW are primarily used in small-scale industries where the total load is less and the operation is of short timeline. The demand for these category of generators is likely to come from emerging industries in the developing nations such as, China and India, as these countries are the center of small cost-driven businesses who are slowing grasping market. Also, the growing power outage rates in this countries have certainly increased the demand for gas generators.

 Asia-Pacific region is expected to grow at the fastest rate

The gas generator market in the Asia-Pacific region is currently leading and is followed by Europe market. The rapid industrial development in the countries such as India and China, where there are issues with continuous electricity supply, is driving the market for power transformers. Also R&D and utilization of ultra-high voltage transformers in China and India will drive power transformer market.

 Table of Content

1    Executive Summary
2    Research Methodology
2.1   Scope Of The Study
2.1.1     Definition
2.1.2     Research Objective
2.1.3     Assumptions
2.1.4     Limitations
2.2   Research Process
2.2.1     Primary Research
2.2.2     Secondary Research
2.3   Market Size Estimation
2.4   Forecast Model
3    Market Dynamics
3.1   Market Drivers
3.2   Market Inhibitors
3.3   Supply/Value Chain Analysis
3.4   Porter’s Five Forces Analysis
4 Global Gas Generator Market, By Power Capacity
4.1 Introduction
4.2  > 300 KW
4.3 301 KW-1 MW
4.4 < 1 MW
5 Global Gas Generator Market, By End-User

Continue…….

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Posted by Vivian Dsena on Friday December 08 2017, 12:15 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0