Gasoline Genset Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
A09027 | Pages: NA | Jun 2021 | 104 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Gasoline Genset Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Request Now !A genset is an engine generator set. A generator is a machine that converts the mechanical energy into electrically energy through the usage of fuel. A gasoline generator can be defined as an electrical generator, which runs on gasoline. Gasoline generators are commonly used as an emergency power backup mechanism in residential settings or industrial settings. Gasoline gensets are used a portable source of power supply.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Power rating, End User, and Region |
Regions covered | North America (U.S and Canada), Europe (Germany, UK, France, Russia, Italy, and the Rest of Europe), Asia- Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa |
Companies covered | Generac, Briggs & Stratton, Cummins, Kirloskar, Kohler, Caterpillar, Yamaha Motor, Honda, Atlas Copco, Wacker Neuson, John Deere, Firman Power Equipment |
COVID-19 scenario:
The global market for gasoline gensets is severely impacted by the outbreak of the COVID-19 pandemic.
The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe,
thereby increasing the supply–demand gap.
Thus, insufficiency in raw material supply is expected to hamper the production rate of gasoline gensets, which negatively impact the market growth.
However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.
Market dynamics:
Generators usually run on gasoline, diesel, water, natural gas, propane, bio-diesel, or hydrogen. Small size generators usually run on gasoline or diesel. Large generators run on either diesel or natural gas.
Gasoline generators are very commonly used and are popular due to their portable and mobile nature. Gasoline gensets are widely used under different settings such as residential settings or outdoor settings where direct supply of energy might not be available and hence, portable supply of energy is needed. Gasoline gensets are also widely used at construction sites.
Gensets running on gasoline are cheaper and have low maintenance cost. Due to the dynamic weather conditions, power or energy supply can be very unstable and can lead to blackouts. To curb this problem, gasoline generators have been adopted to fill the demand and supply gap for power or energy when there is a lack of direct supply. The infrastructural expansion and advancement will account for increase in the demand for gasoline gensets. The cheaper cost and low maintenance cost associated with gasoline gensets are the attributes which make the gensets more prominently wanted in the market.
There is a growing demand for gasoline gensets where the power supply is inconsistent blackouts occur for a long duration of hours. These factors are expected to contribute to the growth of the gasoline gensets market. Outdoor recreational activities such as camping, hiking, fishing, sailing among others find application of gasoline generators owing to their portable power supply and compatible sizes. Gasoline gensets come in several power ratings which are differentiated on the basis of the requirement of portable power. These range from lower power ratings to higher power rating depending on the type of the end user and the sector where it employed at. The residential segment accounts for the majority of the market share owing to the increasing awareness regarding power backups and preparedness for blackouts or power cuts.
However, gasoline gensets initially required high capital investments. In addition, some health and safety concerns are also associated with the gasoline gensets. They are also considered to be dangerous to the environment and said to have a negative impact on the environment. These factors are expected to restraint the market growth of gasoline gensets.
Regional analysis:
Due to frequent blackouts and power cuts, sensitive power grid systems and increasing consumer awareness, the U.S is expected to witness a strong growth in the gasoline gensets market. Europe is expected to see a substantial growth in the gasoline market owing to the advancement in the infrastructure sector and low prices of fuel. In addition, the increase in the preference of outdoor activities is expected to contribute to the growth in the region. In developing countries like India, China and Indonesia, rapidly increasing population, increase in infrastructure investments and construction activities are expected to contribute to the growth of the gasoline genset market in the region.
Key segments covered:
Segments | Subsegments |
Power Rating |
|
End User |
|
Key benefits of the report:
- This study presents the analytical depiction of the global gasoline genset industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global gasoline genset market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global gasoline genset market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global gasoline genset market analysis depending on competitive intensity and how the competition will take shape in coming years.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Gasoline Genset Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers