The Digital Transformation is Powering the North American Generator Sets Market

The Digital Transformation is Powering the North American Generator Sets Market

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

RELEASE DATE
04-May-2021
REGION
North America
Research Code: K600-01-00-00-00
SKU: EG02149-NA-MT_25387

$4,950.00

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SKU
EG02149-NA-MT_25387

$4,950.00

$4,455.00 save 10 %

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Description

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

RESEARCH: INFOGRAPHIC

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Table of Contents

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)

Legal Disclaimer

Related Research
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
More Information
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