The newly Power Generation Equipment market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
Power Generation Equipment is useful appliances that supply electrical power during a power outage and prevent discontinuity of daily activities or disruption of business operations. Power Generation Equipment is available in different electrical and physical configurations for use in different applications.
On the basis of products, the various types include Portable Generators and Standby Generators. On the basis of application, the Power Generation Equipment market is segmented into Residential, Industrial, and Commercial.
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Market Insights
According to the report, the Power Generation Equipment global market is valued at approximately USD 9,926 million in 2019 and is expected to generate revenue of around USD 12,544 million by 2026, growing at a CAGR of roughly 3.4% from 2019 and 2026. With the global population and industrialization keep growing at a rapid pace, there is an increased demand for Power Generation Equipment. As the recovery of the global economy and the development of emerging powers, the Power Generation Equipment market is endowed with a promising future.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
North America held the largest market share of 32.36% in 2018 and is anticipated to show the same trend during the forecast period. Europe is the second largest market with a share of 31.98%, followed by Asia-Pacific, accounting for 28.63%. Growth in government budgets in the principal countries, increasing residential fields expenditures, more-intense competition, and the increasing adaption of Power Generation Equipment are projected to promote the growth of the market in those regions.
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Competitive Players
The Power Generation Equipment market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Caterpillar, Cummins Power Systems, Generac, Honda Power, MTU, and Briggs & Stratton. Other prominent vendors in the market are Yamaha, KOHLER, TTI, Champion, Itopower, Hyundai Power, Eaton, Sawafuj, and others.
Target Audience for this Report
l Power Generation Equipment manufacturers
l Power Generation Equipment importers and exporters
l Power Generation Equipment traders, distributors, and suppliers
l Raw material suppliers of Power Generation Equipment
l Power Generation Equipment industry associations
l Product managers, Power Generation Equipment industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Power Generation Equipment Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Power Generation Equipment Market by Types
4 Segmentation of Power Generation Equipment Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Power Generation Equipment Market in Major Countries
7 North America Power Generation Equipment Landscape Analysis
8 Europe Power Generation Equipment Landscape Analysis
9 Asia Pacific Power Generation Equipment Landscape Analysis
10 Latin America, Middle East & Africa Power Generation Equipment Landscape Analysis
11 Major Players Profile
11.1 Caterpillar
11.1.1 Caterpillar Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Cummins Power Systems
11.3 Generac, Honda Power
11.4 MTU
11.5 Briggs & Stratton
11.6 Yamaha
11.7 KOHLER
11.8 TTI
11.9 Champion
11.10 Itopower
11.11 Hyundai Power
11.12 Eaton
11.13 Sawafuj
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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