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Large Generators will Rise by Penetrating More Industry Segments, Such as Oil and Gas and Data Centers
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The focus of this research service is to analyze the drivers and restraints that affect the growth of the North American generator set market. Factors including increased awareness among customers, higher power demand, unreliable grid infrastructure, and more severe and unpredictable power outages are likely to drive the demand for generator sets during the next 5 years. The study also addresses current and future market opportunities in the United States and Canada, as well as the challenges faced by industry participants in a rapidly changing environment.Why Partner with Frost & Sullivan?• Frost & Sullivan has a robust and proven research methodology resulting in high-quality findings, and has established relationships with the leading participants in the generator set market value chain with which it performs primary research for the purpose of its research services. • Frost & Sullivan is a subject matter expert with 35 years of energy and environment experience researching and tracking generator set markets and generating reliable information. • The team of industry experts offers a multidisciplinary background in engineering, business studies, and market strategy, and offers a solution that integrates expertise areas to develop fact-driven strategies. The Frost & Sullivan analyst team has performed analysis of the generators market from various perspectives, including: o Segment: stationary, portable, and rental generators o Fuel: gas and diesel generators o End user: residential, commercial, and industrial generators o Geography: Global and regional including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa • The fact-driven, client-specific approach bridges the gap between market research and mainstream consulting, resulting in an exceptional ability to help generator companies realize their vision.
The 2017 market size is provided for each segment and is forecast till 2022. Forecasts by competitive revenues and unit shipments for natural gas generators and diesel generators are also provided. Revenue and units are tracked and forecast by power range inclusive of <30kW; 30.1–60kW; 60.1–150kW; 150.1–300kW; 300.1–500kW; 500.1–1000kW; and 1000.1–3000kW.
Commercial, industrial, and residential end-user segments including are covered; additionally, revenue is predicted by application including peak shaving, prime power, and standby. Market share is provided for the leading competitors: Caterpillar, Cummins, Generac Power Systems, and Kohler.
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GROWTH OPPORTUNITIES IN DIGITAL ADVANCEMENTS, ADDITIVE MANUFACTURING, AND OIL SPILL REMEDIATION IN THE O&G INDUSTRY
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