Globally, the industrial end-use segment of the generator sales market is projected to grow at the highest rate from 2015 to 2020 supported by growth of manufacturing industries such as chemicals & petrochemicals, automobiles, electrical & electronics equipment and others in developing countries such as Brazil, India, China, Saudi Arabia, and others.
The complete market report on generator sales is available at http://www.rnrmarketresearch.com/generator-sales-market-by-type-diesel-and-gas-by-power-range-0-100100-350350-750kva-and-above-by-end-user-industrial-commercial-residential-and-others-by-region-global-trends-forecast-market-report.html .
Increasing demand for reliable and continuous power is the major factor driving this market. Developing countries are attracting foreign investors to invest in their country to support industrial growth. Meanwhile, developed countries are investing to upgrade backup and emergency power generators to cleaner ones. These investments in the power generation sector, commercial establishments, industries, transportation sector, real estate, and others are expected to create demand for power generators in the market.
Globally, industrial end-use segment is projected to grow at the highest rate from 2015 to 2020. It is supported by growth of manufacturing industries such as chemicals & petrochemicals, automobiles, electrical & electronics equipment and others in developing countries such as Brazil, India, China, Saudi Arabia, and others. In terms of the market by type, gas generators are estimated to lead the generator sales market in terms of growth. Sale of gas generators is quickly picking up pace as it is more environment-friendly as compared to diesel generators. Gas generators are also cost-effective, an added advantage over diesel generators.
