Market Research Report
North American Generator Sets Market, Forecast to 2025
|Published by||Frost & Sullivan||Product code||945589|
|Published||Content info||80 Pages
Delivery time: 1-2 business days
|North American Generator Sets Market, Forecast to 2025|
|Published: June 11, 2020||Content info: 80 Pages||
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In this research service, Frost & Sullivan reviews the rising need for generator sets in light of the current COVID-19 crisis. The study examines market drivers and restraints over the next 6 years. The growing need for power, coupled with an unreliable and inconsistent grid, will drive demand for commercial-industrial generator sets, while technology advancements and rising customer awareness will favor the adoption of residential generator sets. Restraints include the intense competition from the rental market and the limited economic activity due to the pandemic. The study also addresses current and future market opportunities in North America as well as the challenges faced by participants in this highly competitive scenario.
The base year for the study is 2019, and the forecast period runs through to 2025. Revenue and units are discussed in terms of output power range (<30kW, 30.1-60kW, 60.1-150kW, 150.1-300kW, 300.1-500kW, 500.1-1,000kW, 1,000.1-3,000kW), country (the United States and Canada), end user (commercial, industrial, residential), and application (peak shaving, prime power, standby). Forecasts for natural gas generators and diesel generators are also provided. Market share and competitive analysis are discussed, alongside growth opportunities and Frost & Sullivan recommendations for market participants, and critical factors for success.
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.