The Power Generators Global Market Report 2023 by The Business Research Company, provides power generators market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Power Generators Global Market Report 2023, the market size is expected to grow from$1776.61 billion in 2022 to $1913.39 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the power generators is expected to grow to $2,543.23 billion in 2027 at a CAGR of 7.4%.
Government initiatives to promote building and maintaining a robust energy infrastructure will drive the demand for power generation systems which in turn is expected to restrain the market for generators in the forecast period.
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The power generators market is segmented:
1) By Type: Gas Generator, Diesel Generator, CKD Generator
2) By Capacity: Below 75kva, 75-375 kva, 375-750 kva, Above 750 kva
3) By Application: Stand By, Peak Shaving, Continuous
4) By End User: Mining, Oil And Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Other End Users
Generator manufacturing companies are increasingly manufacturing portable generators. A Portable generator provides electricity by running a gas-powered/diesel-powered engine that turns an onboard alternator to generate electrical power. The 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. The global portable generators market is expected to reach $2.5 billion by 2024 growing at a CAGR of 4.1% through 2019.
The power generators market report table of contents includes:
1. Executive Summary
2. Power Generators Market Characteristics
3. Power Generators Market – Macro Economic Scenario
4. Power Generators Market Size And Growth
5. Power Generators Market Segmentation
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26. Power Generators Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Power Generators Market
28. Power Generators Market Trends And Strategies
29. Power Generators Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- American Art Clay Company Inc
- Bhoomi Pottery
- Bluematchbox Potters Supplies Ltd
- CCGNZ Group Limited
- Clay-King
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