Power Generation Equipment is useful appliances that supply electrical power during a power outage and prevent discontinuity of daily activities or disruption of business operations. Power Generation Equipment is available in different electrical and physical configurations for use in different applications.
In the coming years there is an increasing demand for Power Generation Equipment in the regions of US and Europe that is expected to drive the market for more advanced Power Generation Equipment. Growth in government budgets in the principal countries, increasing of residential fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Power Generation Equipment will drive growth in China markets.
Globally, the Power Generation Equipment industry market is low concentrated as the manufacturing technology of Power Generation Equipment is relatively matures than some high-tech equipment. And some enterprises, like Caterpillar, Cummins Power Systems, Generac, Honda Power, etc. are well-known for the wonderful performance of their Power Generation Equipment and related services. At the same time, China, occupied 52.34% production market share in 2016, is remarkable in the global Power Generation Equipment industry because of their market share and lowing cost of raw material and labor.
Although the market competition of Power Generation Equipment is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Power Generation Equipment and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.


According to this study, over the next five years the Power Generation Equipment market will register a 3.7% CAGR in terms of revenue, the global market size will reach USD 11800 million by 2024, from USD 9830 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Power Generation Equipment business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Generation Equipment market by product type, application, key manufacturers and key regions and countries.

This study considers the Power Generation Equipment value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Portable Generators
Standby Generators
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Industrial
Commercial
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Caterpillar
Cummins Power Systems
Generac
Honda Power
MTU
Briggs & Stratton
Yamaha
KOHLER
TTI
Champion
Itopower
Hyundai Power
Eaton
Sawafuji
Loncin
PM & T

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Power Generation Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Power Generation Equipment market by identifying its various subsegments.
Focuses on the key global Power Generation Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Power Generation Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Power Generation Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.