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Increased Focus on Value Addition Related to System Flexibility and Digital Product Offerings; the Aim is to Gain a Competitive Advantage to Benchmark Future Growth Potential
In this research service, Frost & Sullivan reviews the rising need for generator sets in light of the growing demand for power. Rising customer awareness has also opened up opportunities for diesel and gas generators over the past 10 years. In addition, the growing adoption of digital solutions for resource management, remote monitoring, and asset control is driving the need for reliable power sources, which will boost the demand for generators during the forecast period. Restraints include the intense competition from the rental market and the limited economic activity due to the COVID-19 pandemic. The study also addresses current and future market opportunities in North America and examines challenges that participants can face in this highly competitive scenario.
The overall research objective is to analyze the factors that affect the growth of the North American generator sets market.
To this end, Frost & Sullivan aims to:
• Monitor market status
• Understand industry challenges
• Evaluate factors that drive spending
• Gauge market trends
• Discover opportunities across different industries and business sizes
The study also provides insight into the key measures generator manufacturers need to take to be able to meet their most important corporate goal—the ability to offer an enhanced customer experience and boost overall customer satisfaction.
Author: Lucrecia Gomez
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives 8™ on the Generator Sets Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Market Segmentation
Key Competitors
Key Growth Metrics
Distribution Channels
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue and Unit Shipment Forecast
Revenue Forecast by Power Range
Revenue Forecast by End User
Revenue Forecast by Application
Revenue Forecast Analysis
Revenue Forecast Analysis (continued)
Revenue Forecast Analysis by End User
Revenue Forecast Analysis by Application
Unit Shipment Forecast by Power Range
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share of Top Participants
Revenue Share of Top Participants’ Analysis
Key Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Power Range
Revenue Forecast by End User
Revenue Forecast by Application
Unit Shipment Forecast by Power Range
Forecast Analysis
Key Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Power Range
Revenue Forecast by End User
Revenue Forecast by Application
Unit Shipment Forecast by Power Range
Forecast Analysis
Growth Opportunity 1—Focusing on IoT-as-a-Service to Enable Actionable Intelligence for Generators
Growth Opportunity 1—Focusing on IoT-as-a-Service to Enable Actionable Intelligence for Generators (continued)
Growth Opportunity 2—Targeting Critical End-user Segments to Increase Market Penetration
Growth Opportunity 2—Targeting Critical End-user Segments to Increase Market Penetration (continued)
Growth Opportunity 3—Digital Marketing for Transformed Sales Processes
Growth Opportunity 3—Digital Marketing for Transformed Sales Processes (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
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A tailored session with you where we identify the:- Strategic Imperatives
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Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Lucrecia Gomez |
| Industries | Energy |
| WIP Number | K600-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9AFF-A4,9B00-A4,9851 |
The Digital Transformation is Powering the North American Generator Sets Market
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