Global Electric Generators Market Analysis Highlights the Impact of COVID-19 2020-2024| Growing Demand for Uninterrupted Power Supply to Boost Market Growth | Technavio

Technavio has announced its latest market research report titled Global Electric Generators Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the global electric generators market size and it is poised to grow by USD 7.46 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

  • Based on segmentation by type, which is the leading segment in the market?
    Diesel segment is the leading segment in the market.
  • What are the major trends in the market?
    Growing focus on technological advances is one of the key electric generators market trends.
  • At what rate is the market projected to grow?
    The electric generators market is expected to grow at a CAGR of over 6% during the forecast period.
  • Who are the top players in the market?
    ABB Ltd., Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Greaves Cotton Ltd., Honda Motor Co. Ltd., Multiquip Inc., Siemens AG, and Wacker Neuson SE are some of the major market participants.
  • What are the key market drivers?
    The increasing demand for uninterrupted power supply one of the key drivers for the electric generators market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Greaves Cotton Ltd., Honda Motor Co. Ltd., Multiquip Inc., Siemens AG, and Wacker Neuson SE are some of the major market participants. The increasing demand for uninterrupted power supply will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Electric Generators Market 2020-2024: Segmentation

Electric Generators Market is segmented as below:

  • Type
    • Diesel
    • Gasoline
    • Others
  • Geographic Landscape
    • APAC
    • Europe
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43083

Electric Generators Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The electric generators market report covers the following areas:

  • Electric Generators Market Size
  • Electric Generators Market Trends
  • Electric Generators Market Industry Analysis

This study identifies the growing focus on technological advances as one of the prime reasons driving the electric generators market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Electric Generators Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist electric generators market growth during the next five years
  • Estimation of the electric generators market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric generators market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric generators market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Diesel - Market size and forecast 2019-2024
  • Gasoline - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Briggs & Stratton Corp.
  • Caterpillar Inc.
  • Cummins Inc.
  • Generac Power Systems Inc.
  • Greaves Cotton Ltd.
  • Honda Motor Co. Ltd.
  • Multiquip Inc.
  • Siemens AG
  • Wacker Neuson SE

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Electric Generators Market will grow by $ 7.46 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/