What is Stationary Generator Market Scope?
A stationary generator is the fixed device that converts mechanical energy into electrical power for use in an external circuit. Stationary generator market has high growth prospects owing to the rising demand for uninterrupted power supply and growth in industrialization in emerging countries. Also, rapid urbanization and increasing load shading and natural disasters activities boosting the demand for stationary generators. High adoption of stationary generators from various industries such as the IT industry, the manufacturing industry, etc due to the requirement of high power.
The Stationary Generator market study is being classified, by Application (Industrial, Commercial and Residential) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Stationary Generator market throughout the predicted period.
Briggs & Stratton (United States), Caterpillar (United States), Cummins Power Systems (United States), Generac Power Systems (United States), Kohler (United States), Aggreko (United Kingdom), Atlas Copco (Sweden), JCB Broadcrown (United kingdom), Dresser-Rand (United States), F.G. Wilson (United Kingdom) and GE Energy (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Himoinsa (United Kingdom), Kirloskar Oil Engines (India) and Mitsubishi Heavy Industries (Japan).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Stationary Generator market by Type, Application and Region.
On the basis of geography, the market of Stationary Generator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In April 2019, Generac Holdings Inc. announced the Company has acquired Pika Energy, Inc., a manufacturer of innovative battery storage technologies that capture and store solar or grid power for homeowners and businesses. The vision of the companies is to develop groundbreaking technologies that modernize the way electricity is generated, stored, and used in homes.
In July 2019, HIMOINSA has supplied HTW series gensets, with Mitsubishi engines, to the Danish multinational JYSK's largest logistics centre in the Balkans. The HTW 780 T5 and HTW 1030 T5 models have been designed for synchronized operation and can supply more than 1.5 MW of power, i.e. 1,963 kVA of emergency power in the event of any power failure or interruption that occurs in the grid.
Influencing Market Trend
- Adoption of Gas Power Generator to Reduce the Emissions in Developed Countries
Market Drivers
- Growing Demand of Uninterrupted Power Supply from End-User in Developed and Developing Countries
- Rapid Urbanisation in Developing Countries
Opportunities
- Rapid Industrialisation across the World
- Research and Development Activites related to Hybrid Generators
- Increasing Power Infrastructure Investments in Developing Countries
Restraints
- Availability of Energy Storage Technologies
- High Cost of the Generator and Adoption of Rental Generator
Challenges
- High Maintenance Cost of Generator
Key Target Audience
Generator Manufacturers, Raw Material Suppliers, Generator Suppliers/Distributors, Potential Investors and Government Bodies
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.