North America Gas Generator Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The North America gas generator market is expected to grow at a CAGR of more than 4.93% during the forecast period of 2020-2025. Factors, such as increasing awareness regarding natural gas as a clean and reliable fuel, increased concerns over diesel maintenance and refueling issues, decreasing natural gas fuel prices, and the general desire to be more environmentally responsible, have supplemented the demand for gas generators. However, the lack of gas grid connectivity via pipeline, resulting in hindered fuel supply, is expected to act as a challenging factor for the gas generators market in the coming years.
Key HighlightsThe North America gas generator market is moderately fragmented. Some of the key players in this market include Caterpillar Inc, Kohler Co, Cummins Inc, Generac Holdings Inc, General Electric Company.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook