Global Low and Medium Capacity Gas Generator Market to grow at a CAGR of 8.5% during the period 2016 - 2020; Finds New Report

Report forecast the global low and medium capacity gas generator market to grow at a CAGR of 8.5% during the period 2016-2020.

Generators convert mechanical energy into electrical energy. The source of mechanical energy varies, from an internal combustion engine, a hand crank to compressed air and a reciprocating steam engine. An internal combustion engine uses either diesel, gasoline, propane gas, or natural gas to produce mechanical energy, which is transformed into electrical energy with the help of a generator assembly. Generators are designed to provide temporary AC or DC power. They serve as a source of backup or emergency power for residential, commercial, and industrial applications. A fuel engine powers a typical generator.

The report covers the present scenario and the growth prospects of the global low and medium capacity gas generator market for 2016-2020 with a detailed segmentation analysis of the market on kW rating, end-users, and geographical regions.

The market is divided into the following segments based on end-user:

• Residential sector
• Industrial sector
• Commercial sector

According to the report, the construction industry is a major end-user of generators. The operation of the requisite construction equipment and tools in the industry necessitates a continuous access to electricity, which is not readily available in many places where construction takes place. Therefore, the industry relies heavily on backup power generators for powering tools and equipment.

Further, the report states that countries across the globe are moving toward renewable energy sources such as the wind and solar to meet their carbon emission goals and reduce their dependence on fossil fuels. Many end-users, including the residential segment, have started adopting alternative forms of energy rather than depending on power generators.

Global LMC Gas Generator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global LMC Gas Generator Market: Caterpillar, Cummins, Generac Holdings and Kohler.

Other Prominent Vendors in the market are: APR Energy, F.G. Wilson, Himoinsa, Mitsubishi Heavy Industries, MTU Onsite Energy, Multiquip, Perkins, and Pramac.

Market driver

• Growing construction industry in APAC
• For a full, detailed list, view our report

Market challenge

• Renewable power generation capacity expansion
• For a full, detailed list, view our report

Market trend

• Bi-fuel technology
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 83 pages and 29 Exhibit “Global Low and Medium Capacity Gas Generator Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation  by kW rating, Market segmentation by end user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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