Global Low & Medium Capacity Gas Generator Market Outlook, 2019-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 29, 2019--The “Global Low and Medium Capacity Gas Generator Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The low and medium capacity gas generator market will register a CAGR of over 8% by 2023.
The growth in demand for gas generators, while the demand for diesel generators witnessed a slump
Gas generators run on a clean fuel source (natural gas, CNG, and LPG). They are refilled using gas pipelines coming from utilities, unlike diesel that needs to be stored, maintained properly, and refilled. The use of gear-on-gear powertrains and other engine advances has increased their overall performance and power.
Other design upgrades such as the use of stronger, more resilient engine parts, such as hardened valves and seats, have also contributed to the performance of gas generators. Gas generators are preferred for use in the commercial and residential sector. Improvements in gas generator design and production, the plummeting cost of natural gas, and new regulations that prohibit sooty, noisy engines and on-site fuel storage have made natural gas generators popular.
Expanding natural gas pipeline networks
The production and consumption of natural gas are increasing. The emergence of cross-country and multi-country pipelines will increase the demand for natural gas during the forecast period. Pipelines of various sizes are used to transfer gas domestically and internationally. The number of natural gas pipeline projects is increasing, especially in developing countries such as India. This will be driven by the demand for natural gas and the focus on the adoption of natural gas for power generation for prime and backup power generation.
Key PlayersCaterpillar Cummins Generac Power Systems Rolls-Royce YANMAR
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONComparison by application Stationary - Market size and forecast 2018-2023 Portable - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USERComparison by end-user Residential - Market size and forecast 2018-2023 Commercial - Market size and forecast 2018-2023 Industrial - Market size and forecast 2018-2023 Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGESIntroduction of bi-fuel technology in generators Increasing preference for generator rental services Emerging alternative backup power packs
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Caterpillar Cummins Generac Power Systems Rolls-Royce YANMAR
For more information about this report visit https://www.researchandmarkets.com/research/nd9cqd/global_low_and?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005411/en/
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KEYWORD: EUROPE ASIA PACIFIC MIDDLE EAST
INDUSTRY KEYWORD: ENERGY OIL/GAS OTHER ENERGY
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/29/2019 05:37 AM/DISC: 01/29/2019 05:37 AM