China Generator Sets Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The China generator sets market is expected to rise at a CAGR of more than 2.2% during the forecast period of 2020-2025. Factors such as lack of reliable grid infrastructure and the need for emergency backup power solutions in remote and rural areas are likely going to drive the China generator sets market. However, increasing the installation of renewable energy sources such as solar and wind to provide cleaner power supply is expected to restrain the China generator sets market.
Key HighlightsThe China generator sets market is fragmented. Some of the key players in this market include Weihai Holding Group Co.,Ltd., Caterpillar Inc., Cummins Inc., Atlas Copco AB, and Generac Holdings Inc.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook