Analysts at Future Market Insights find that the global Gasoline Generator market has been evolving at a CAGR of xx%. The market study suggests that the global market size of Gasoline Generator is projected to reach ~US$ xx Mn/Bn by the end of 2029 with a CAGR of xx% over the stipulated timeframe 2019-2029.
The COVID-19 pandemic has been posing measurable impact on the global economy and, in turn, on the Gasoline Generator market. Quarantines, traveling constraints, and social distancing measures on a broad-scale drive a steep decline in business and consumer spending until the end of Q2. This research work intends to offer market players with a viewpoint on the changing scenario and implications for the market players.
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Gasoline Generator Market – Key Research Findings
- The global gasoline generator market size in 2018 was ~US$ 650 Mn and is set to reach ~US$ 1 Bn by the end of 2029.
- The gasoline generator market is expected to register a CAGR of ~4% during the forecast period of 2019-2029.
- According to FMI analysis, manufacturers are producing more compact gasoline generators, which are portable and can be transferred from one place to another. Moreover, increasing power outage, power cuts, grid failure, and adverse weather conditions are expected to drive the demand for gasoline generators.
- Collectively, North America and APEJ are set to account for ~60% of the revenue shares in the gasoline generator market by the end of 2029. The increase in construction activities and significant growth in non-residential construction spending reflect on the prominent increase in the demand for gasoline generators from these regions.
- The residential sector accounts for ~60% share of the gasoline generator market. Considering an increase in the U.S. non-residential construction spending, major manufacturers and key stakeholders in the gasoline generator market are redefining their future business strategies. Consequently, with a substantial production share in the world, the demand for gasoline generators is expected to remain steady in the region.
- Governments of several countries are focussing on strengthening their energy infrastructure.
- In 2015, the China government emphasised on developing ~300 infrastructure projects worth over a trillion USD to boost the country’s weakening GDP. Multiple government initiatives are supporting the demand for gasoline generators in case of power outages, which, in turn is driving the growth of the global gasoline generator market.
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Segmentation Analysis on the basis of:
By Type:
- Portable Generator
- Stationary Generator
By End use:
- Commercial
- Residential
- Industrial
- Agricultural
- Others (Construction etc.)
Market Players
- Kohler Co.
- Honda Motor Co. Ltd.
- Generac Power Systems Inc.
- Yamaha Motor Co. Ltd.
- SGS Engineering (UK) Ltd.
- Hyundai Power Equipment
- Stephill Generators Ltd.
- Champion Power Equipment Inc.
- Stanley Black & Decker Inc.
The Gasoline Generator market research demonstrates the current and future market share of each region alongwith the important countries in respective region. Key regions include:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
What does the Gasoline Generator market research holds for the readers?
- One by one company profile of key vendors.
- Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Gasoline Generator market.
- Evaluation of supply-demand ratio in every end use industry.
- Regional analysis on the basis of market share, growth outlook, and key countries.
- Positive and negative aspects associated with the consumption of Gasoline Generator.
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The Gasoline Generator market research clears away the following queries:
- What is the present and future outlook of the global Gasoline Generator market on the basis of region?
- What tactics are the Gasoline Generator market vendors implementing to give tough competition to their business counterparts?
- What are the macro- and microeconomic factors affecting the global Gasoline Generator market?
- Which end use segment is spectated to lead by the end of 2025?
- Why region has the highest consumption of Gasoline Generator?