Gas Generator Sets Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company’s Gas Generator Sets Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The gas generator sets market size has grown strongly in recent years. It will grow from $8.58 billion in 2023 to $9.01 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. ”
— The Business Research Company
LANDON, GREATER LANDON, UK, January 11, 2024 /EINPresswire.com/ — The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company’s “Gas Generator Sets Global Market Report 2024 is a comprehensive source of information that covers every facet of the market. As per TBRC’s market forecast, the gas generator sets market size is predicted to reach $10.88 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%.
The growth in the gas generator sets market is due to the increasing energy consumption. North America region is expected to hold the largest gas generator sets market share. Major players in the gas generator sets market include Cummins Inc., Briggs & Stratton Corporation, Kohler Co., Generac Power Systems Inc., Caterpillar Inc., General Electric Company.
Gas Generator Sets Market Segments• By Fuel Type: Natural Gas, Biogas, Other Fuel Types• By Power Rating: Less Than 50 kVA, 51 kVA – 125 kVA, 126 kVA – 200 kVA, 201 kVA – 330 kVA, 331 kVA – 750 kVA, Above 750 kVA• By Application: Standby, Peak Shaving, Prime/Continuous• By End-User: Residential, Industrial, Commercial, Power and Energy, Other End-Users• By Geography: The global gas generator sets market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):https://www.thebusinessresearchcompany.com/sample_request?id=6759&type=smp
The gas generator refers to portable power equipment that consists of a gas engine and an alternator or electric generator. Generator sets are used in underdeveloped areas that are not connected to the electricity grid, as well as in situations, where power outages are prevalent or, an outage could cause problems. They can be utilized as a primary energy source or as a backup power source, such as during peak usage hours.
The main types of fuel used in gas generator sets include natural gas, biogas, and others. Natural gas generator set refers to a generator set that uses natural gas as fuel, used in hospitals, nursing homes, and other prominent institutions requiring constant power sources. The power rating includes less than 50 kVA, between 51 kVA to 125 kVA, between 126 kVA to 200 kVA, between 201 kVA to 330 kVA, between 331 kVA to 750 kVA, and above 750 kVA used for standby, peak shaving, and prime/continuous applications by residential, industrial, commercial, power, energy, and other end users.
Read More On The Gas Generator Sets Global Market Report At:https://www.thebusinessresearchcompany.com/report/gas-generator-sets-global-market-report
The Table Of Content For The Market Report Include:1. Executive Summary2. Gas Generator Sets Market Characteristics3. Gas Generator Sets Market Trends And Strategies4. Gas Generator Sets Market – Macro Economic Scenario5. Gas Generator Sets Market Size And Growth ……27. Gas Generator Sets Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions In The Market29. Gas Generator Sets Market Future Outlook and Potential Analysis30. Appendix
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