Global Stationary Generator Market 2022-2026

Global Stationary Generator Market 2022-2026

Technavio has been monitoring the stationary generator market and it is poised to grow by $ 7.20 bn during 2022-2026, progressing at a CAGR of 6.64% during the forecast period. Our report on the stationary 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, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for uninterrupted power, rapid urbanization in APAC, and growing demand from commercial buildings. In addition, rising demand for uninterrupted power is anticipated to boost the growth of the market as well.

The stationary generator market analysis includes product and type segments, and geographic landscape.

Technavio's stationary generator market is segmented as below:

By Product

• diesel
• gas

By Type

• less than 300 kW
• 301 kW to 800 kW
• greater than 800 kW

By Geographical Landscape

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

This study identifies the technological advances in generators as one of the prime reasons driving the stationary generator market growth during the next few years. Also, technological advances in generators, growing investments in smart grids, and rising preference for gas as a fuel source for 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 the stationary generator market covers the following areas:

• Stationary generator market sizing
• Stationary generator market forecast
• Stationary 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 stationary generator market vendors that include Aggreko Plc, APR Energy, Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Cummins Inc., Daewoo International Corp., Generac Power Systems Inc., Honeywell International Inc., Hyundai Heavy Industries Group, Kirloskar Electric Co. Ltd., Kohler Co., Mitsubishi Heavy Industries Ltd., Multiquip Inc., Quanta Services Inc., Rolls-Royce Plc, Scotts Emergency Lighting and Power Generation Inc., Siemens AG, Wartsila Corp., and Yanmar Holdings Co. Ltd. Also, the stationary 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 accurate market growth.