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    Commercial Standby Generator Sets Market | Covid-19 Impact Analysis

    Commercial Standby Generator Sets Market | Covid-19 Impact Analysis

    Commercial Standby Generator Sets Market | Covid-19 Impact Analysis
    Report code - SRCE172 Delivery - 2 Weeks
    Commercial Standby Generator Sets Market Size, Share, Trend, Forecast, & Industry Anal See more...
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    Impact of COVID-19 on Commercial Standby Generator Sets Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Commercial Standby Generator Sets Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Commercial Standby Generator Sets Market Insights

    Commercial standby generator sets market is likely to witness an impressive CAGR of 6.2% during the forecast period. The prime factor that is contributing to the demand for commercial standby generator sets is the growing need for uninterrupted power supply across the globe.

    Commercial Standby Generator Sets Market – Snapshot

    Growth

    6.2% for the next five years

    Dominant Power Rating Type

    <75 kVA

    Key Fuel Type

    Diesel

    Major Application Type

    Telecom

    Region with the highest demand

    Asia-Pacific

    Key Players

    Cummins, Kirloskar Oil Engines Limited, Briggs & Stratton, SDMO Industries, Generac, Yamaha Motor Pvt, Ltd., Powerica Ltd., Escorts Group, and Himoinsa.

     

    Market Share Analysis

    Commercial-Standby-Generator-Sets-Market-Dominant-Segments

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    Commercial Standby Generator Sets Market Share: By Power Rating Type

    Based on the power rating type, the market is segmented as <75 kVA, 75-375 kVA, 375-750 kVA, and >750 kVA. The <75 kVA segment is expected to maintain its dominance over the forecast period, owing to the increasing dependency on digitization & information technologies among all businesses and industries.

    Commercial Standby Generator Sets Market Share: By Application Type

    Based on the application type, the market is segmented as telecom, healthcare, data centers, educational institutions, government centers, hospitality, retail sales, agriculture, and aquaculture. The telecom segment is estimated to remain the vanguard in the market over the forecast period, supported by technological development in telecommunication industry and rapid adoption in various businesses.

    Commercial Standby Generator Sets Market Share: By Fuel Type

    Based on the fuel type, the market is segmented as diesel, natural gas, and others. The diesel segment is likely to dominate the market during the forecast period, driven by robust distribution channel of diesel.

    Commercial Standby Generator Sets Market Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market for commercial standby generator sets during the forecast period. The growth of the region’s market is attributed to the rapid industrialization coupled with limited access to uninterrupted power supply. China and India are the growth engines of the region. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

    Commercial-Standby-Generator-Sets-Market-By-Region

    Know which region offers best growth opportunities. Click here

    Some of the major players in the commercial standby generator sets market are-

    • Cummins
    • Kirloskar Oil Engines Limited
    • Briggs & Stratton
    • SDMO Industries
    • Generac
    • Yamaha Motor Pvt, Ltd.
    • Powerica Ltd.
    • Escorts Group
    • Himoinsa

     

    Market Scope & Segmentation

    Commercial standby generator sets are back-up electrical systems that operate automatically in case of electrical outage. Having a reliable continuous power source, such as a utility supply, these are considered to be ideal for applications.

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Commercial Standby Generator Sets Market Research Report – Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The commercial standby generator sets market is segmented into the following categories. 

    Commercial Standby Generator Sets Market Size, Share, & Forecast, by Power Rating Type:

    • <75 kVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 75-375 kVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 375-750 kVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >750 kVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Commercial Standby Generator Sets Market Size, Share, & Forecast, by Fuel Type:

    • Diesel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Natural Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Commercial Standby Generator Sets Market Size, Share, & Forecast, by Application Type:

    • Telecom (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Data Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Educational Institutions (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Government Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hospitality (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Retail Sales (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Agriculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aquaculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Commercial Standby Generator Sets Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Commercial-Standby-Generator-Sets-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the power rating types by fuel type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Commercial Standby Generator Sets Market in the foreseeable future?

    The commercial standby generator sets market is expected to witness an impressive growth of 6.2% CAGR in the foreseeable future.

    Who are the key players in Commercial Standby Generator Sets Market?

    Cummins, Kirloskar Oil Engines Limited, Briggs & Stratton, SDMO Industries, Generac, Yamaha Motor Pvt, Ltd., Powerica Ltd., Escorts Group, and Himoinsa are among the key players in the commercial standby generator sets market.

    Which country/region is expected to be the largest Commercial Standby Generator Sets Market?

    Asia-Pacific is estimated to be the largest generator sets market during the next five years.

    Which power rating type is expected to remain dominant in the Commercial Standby Generator Sets Market?

    The <75 kVA segment is expected remain dominant in the commercial standby generator sets market in the coming years.

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