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Press release content from Business Wire. The AP news staff was not involved in its creation.

North America Genset Market Insights 2018-2023 - Data Centers, the Residential Segment, and the Oil & Gas Industry Present Growth Opportunities - ResearchAndMarkets.com

November 19, 2019

DUBLIN--(BUSINESS WIRE)--Nov 19, 2019--

The “North American Generator Set Market, Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The focus of this research service is to analyze the drivers and restraints that affect the growth of the North American generator set market. In the competitive generator space, market participants must leverage key differentiators, capitalizing on consumer demand for quality, reliability, and innovation.

Factors such as increased awareness among customers, higher power demand, unreliable grid infrastructure, and more severe and unpredictable power outages are likely to drive the demand for generator sets during the next 5 years.

The study also addresses current and future market opportunities in the United States and Canada as well as the challenges faced by industry participants in a rapidly changing environment.

Research Scope

The current market size for 2018 is provided for each segment and forecast until 2023. Forecasts by competitive revenues and unit shipment of natural gas generators and diesel generators are also provided. Revenue and units are tracked and forecast by power range inclusive of <30kW; 30.1-60kW; 60.1-150kW; 150.1-300kW; 300.1-500kW; 500.1-1000kW; and 1000.1-3000kW.

End-user segments including commercial gensets, industrial gensets, and residential gensets are covered; in addition, revenue is predicted by the application including peak shaving, prime power, and stand-by. Market share is provided for the leading competitors, which include Caterpillar, Cummins, Generac Power Systems, and Kohler, among others.

Key Issues Addressed

Key Topics Covered

1. Executive Summary

2. Market Overview

3. Drivers and Restraints - Total Generator Set Market

4. Forecasts and Trends - Total Generator Set Market

5. Market Share and Competitive Analysis - Total Generator Set Market

6. Growth Opportunities and Companies to Action

7. Diesel Generator Set Segment Breakdown

8. Gas Generator Set Segment Breakdown

9. Key Conclusions

10 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/snktcf

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005518/en/

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SOURCE: Research and Markets

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PUB: 11/19/2019 06:22 AM/DISC: 11/19/2019 06:22 AM