Global Gas Generator Market 2022-2026

Global Gas Generator Market 2022-2026

Technavio has been monitoring the gas generator market and it is poised to grow by $ 3.61 bn during 2022-2026 decelerating at a CAGR of 7.07% during the forecast period. Our report on gas generator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing instances of power grid failure, the growing popularity of residential gas generators, and the growing use of gas generators in emerging economies.

The gas generator market analysis includes the end-user segment and geographic landscape.

Technavio's gas generator market is segmented as below:

By End-user

• Industrial
• Commercial
• Residential

By Geographical Landscape

• Europe
• North America
• APAC
• Middle East and Africa
• South America

This study identifies the rising demand for repair and remanufacturing of energy equipment as one of the prime reasons driving the gas generator market growth during the next few years. Also, remote monitoring of gas generators and emergence of bi-fuel gas generators will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on gas generator market covers the following areas:

• Gas generator market sizing
• Gas generator market forecast
• Gas generator market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas generator market vendors that include Aggreko Plc, Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Champion Power Equipment Inc., Chroma Power Systems India Pvt. Ltd., Cooper Corp. Pvt. Ltd., Cummins Inc., Endress Elektrogeratebau GmbH, Generac Power Systems Inc., Himalayan Power Machines Mfg Co., Kohler Co., DIMAX International GmbH, Mahindra and Mahindra Ltd., R Schmitt Enertec GmbH, Rolls-Royce Holdings Plc, Teksan Generator Power Industries and Trade Co. Inc., and Yanmar Holdings Co. Ltd. Also, the gas generator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Aggreko Plc, Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Champion Power Equipment Inc., Chroma Power Systems India Pvt. Ltd., Cooper Corp. Pvt. Ltd., Cummins Inc., Endress Elektrogeratebau GmbH, Generac Power Systems Inc., Himalayan Power Machines Mfg Co., Kohler Co., DIMAX International GmbH, Mahindra and Mahindra Ltd., R Schmitt Enertec GmbH, Rolls-Royce Holdings Plc, Teksan Generator Power Industries and Trade Co. Inc., Yanmar Holdings Co. Ltd.