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Global Low and Medium Capacity Gas Generator Market to Grow at a CAGR of 4.78% During the Period 2016-2020

"The Report Global Low and Medium Capacity Gas Generator Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

 

Albany, NY -- (SBWIRE) -- 02/12/2016 -- Description

About LMC Gas Generator

Generators convert mechanical energy into electrical energy. The source of mechanical energy varies, from an internal combustion engine, a hand crank to compressed air and a reciprocating steam engine. An internal combustion engine uses either diesel, gasoline, propane gas, or natural gas to produce mechanical energy, which is transformed into electrical energy with the help of a generator assembly. Generators are designed to provide temporary AC or DC power. They serve as a source of backup or emergency power for residential, commercial, and industrial applications. A fuel engine powers a typical generator.

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Technavios analysts forecast the global low and medium capacity gas generator market to grow at a CAGR of 8.5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global low and medium capacity gas generator market for 2016-2020 with a detailed segmentation analysis of the market on kW rating, end-users, and geographical regions.

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The market is divided into the following segments based on end-user:

Residential sector
Industrial sector
Commercial sector

Technavio's report, Global LMC Gas Generator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Caterpillar
Cummins
Generac
Kohler

Other prominent vendors

APR Energy
Camda New Energy Equipment
F.G. Wilson
Guandong Honny Power-Tech
Himoinsa
Mitsubishi Heavy Industries
MTU Onsite Energy
Perkins
Pramac

Market driver

Growing construction industry in APAC
For a full, detailed list, view our report

Market challenge

Renewable power generation capacity expansion
For a full, detailed list, view our report

Market trend

Bi-fuel technology
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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