Stationary Gas Generator Market Worldwide Forecast 2015-2019

Generators are backup devices designed to provide temporary AC or DC power using the supplied fuel (gasoline, diesel, or gas). They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered by a fuel engine. Portable generators are the best solutions to provide AC power for standby, non-hardwired applications. Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings and industrial and infrastructure sites. In short, they can be utilized wherever a grid is unavailable.

Technavio's analysts forecast the global stationary gas generator market to grow at a CAGR of 8.1% over the period 2014-2019.

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Covered in this report

The report includes the present scenario and the growth prospects of the global stationary gas generator market for 2015-2019. The market can be segmented into three divisions on the basis of product range: less than 60 kW, 61-1,000 kW, and above 1,000 kW stationary gas generators. In addition, the report includes the segmentation of the global stationary gas generator market on the basis of geography.

Technavio's report, Global Stationary Gas Generator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the Key vendorsoperating in this market.

Key vendors

Briggs & Stratton

Caterpillar

Cummins

Generac Holdings

Kohler

Other prominent vendros

Mitsubishi Heavy Industries

Perkins

Pramac

Key Market driver

Increased use of gas generators by industrial users

For a full, detailed list, view our report

Key Market challenge

Replacement of generators with...