According to the latest report by IMARC Group, titled “Industrial Gas Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global Industrial Gas Generator market size to exhibit moderate growth during the next five years. Gas generators refer to devices which aid in generating gases from a liquid or solid source. These generators are used for driving turbines which further generate electricity. They form an integral part of industrial operations and are available in different types and sizes. Construction, agriculture, oil and gas, manufacturing, mining and dairy are some of the key industrial sectors which widely employ these generators for effective and seamless operations.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Get a sample copy of this Report: www.imarcgroup.com/industrial-gas-generator-market/requestsample
Global Industrial Gas Generator Market Trends:
Increasing demand for power backup across the industrial sector is one of the major factors driving the growth of the market. Growing instances of power overload and power outages, along with prolonged blackouts, have created a demand for industrial gas generators for ensuring a backup or a source of uninterrupted power supply. [S1] Apart from this, the rising adoption rates of natural gas generators and various supportive government initiatives, owing to growing environmental consciousness, are further creating a positive outlook for the market. Numerous industries are now employing natural gas generators since they offer longer runtimes with reduced carbon emissions. Other factors driving the demand for industrial gas generator include rapid industrialization, especially in emerging regions, along with enhanced research and development (R&D) to introduce technologically advanced product variants.
View Full Report with TOC & List of Figure: www.imarcgroup.com/industrial-gas-generator-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Caterpillar
Cummins
GE
Kohler
Himoinsa
Generac
Lvhuan
Rolls-Royce
Multiquip
JDEC
Industrial Gas Generator Market Segmentation:
Our report has categorized the market based on Region, function, output, integration and end use industry.
Market Breakup by Type:
20KW to 100KW
101KW to 500KW
501KW to 1MW
1 MW to 2 MW
2 MW to 5 MW
Market Breakup by End-Use:
Chemical Industry
Breeding Industry
Petroleum and Gas Industry
Mining Industry
Others
Market Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape