The report, now available on ASDReports, recognizes the following companies as the key players in the Global Stationary Gas Generator Market: Briggs & Stratton, Caterpillar, Cummins Power Systems, Generac Power Systems and Kohler
Other Prominent Vendors in the market are: Mitsubishi Heavy Industries, Perkins, and Pramac.
Commenting on the report, an analyst said: “The EU imposes the most stringent emission regulations on generators. This has led to a decline in the diesel generator market in Europe. The diesel portable generator market is facing competition from gas generators, fuel cells, and biofuel-based equipment.”
According to the report, the industrial sector is a major end-user of stationary gas generators. Many industrial units, factories, plants, and manufacturing facilities use stationary gas generators. Continuous disruptions in electricity supply have forced industrial users to install high power rated stationary gas generators for uninterrupted electricity supply. Owing to the huge dip in natural gas prices, industrial users have shifted their focus to stationary gas generators. These gas generators help industrial users comply with emission standards.
Further, the report states that one of the challenges hindering the market growth is many end-users of generators, including the residential segment, are looking at alternative forms of energy rather than depending only on generators.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Read more on ASDReports!
Source: ASDReports - Market Research
Date: Oct 2, 2015