The market research report presents a comprehensive breakdown of the stationary generator market in APAC by fuel type (stationary diesel generators and stationary gas generators) and by output power capacity (less than 300kW, 301kW to 1MW, and greater than 1 MW). Also, the report discusses the major drivers influencing market growth and outlines the challenges faced by vendors and the market at large. The key leading vendors of the market are Briggs & Stratton, Cummins, Caterpillar, Generac, and Kohler.
Technavio’s market research analysts estimate the stationary generator market in APAC to grow at a CAGR of around 6% between 2015 and 2019. Shortage of power and energy have increased the sales of stationary generators among the end-users in the region. These generators ensure continuous supply of electric power in business operations.
The new market research report from Technavio provides a breakdown and analysis of the stationary generator segments by fuel type and power capacity.
“Lately, the market is witnessing huge demand for generators with an output power capacity of <300 kW. These generators are less expensive, require lesser space and their operational time is also very less. Small scale industries, commercial businesses residential flats the major end-users of these generators. Also, most demand for from China, India, Indonesia, Vietnam,” says Navin Rajendra, Lead Analyst, Engineering Equipment, Technavio Research.
Segmentation by output power capacity
Source: Technavio Research
Stationary diesel generator market accounts for the maximum share of the market, accounting for around 82% of the total market share. Diesel generators are most preferred by the industrial sector due to their increased engine efficiency. Moreover, majority of the demand for these generators is coming from the developing nations undergoing industrialization. The stationary diesel generator market in APAC is projected to reach US $6 billion by 2019.
The key vendors in the stationary generator market in APAC are Briggs & Stratton, Cummins, Caterpillar, Generac, and Kohler. The market is dominated by the presence of large and international vendors. However, many national and regional vendors are emerging in the market with low-cost options.
A more detailed analysis is available in the Technavio report, Stationary Generator Market in APAC 2015-2019.
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