TechNavio recognizes the following companies as the key players in the Global Stationary Generator Market: Caterpillar Inc., Cummins Inc., Kohler Co., and Mitsubishi Heavy Industries Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Stationary Generators market vendors are currently developing next-generation generators. Vendors are trying to differentiate their products by developing advanced generators that may provide them with a competitive edge in the market. For instance, a few vendors are developing generators with comprehensive control and monitoring systems, which can improve the overall efficiency of generators. Moreover, next-generation generators are considered to play an indirect role in complying with eco-friendly norms since they have built-in electronic governors and automatic voltage regulators. These technologies help in the automatic control of the speed of generator engines, thereby making the generators highly energy-efficient. Therefore, the emergence of next-generation generators is one of the recent trends in the market which is expected to have a positive influence on the growth of the market.”
According to the report, one of the major growth drivers in the market is the increasing dependence on electrical appliances and electronic devices. In the past decade, the consumption of electric appliances and electronic devices has been increasing rapidly; this has led to a rise in the demand for an uninterrupted power supply.
Further, the report states that the need to comply with government regulations is acting as the major challenge in the market. For instance, many governments have passed stringent regulations and restrictions regarding the emission of pollutants in the atmosphere, which can hamper the market.
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. For further information on this report, please visit https://www.technavio.com/report/global-stationary-generator-market-2012-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Stationary Generator Market 2012-2016
