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May 29, 2020, 7:34 a.m. EDT

Stationary Generators Market: What will be the Short-term Impact of Coronavirus?

Stationary Generators Market Research report provides information regarding market size, share, growth, and revenue and forecast 2026.

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May 29, 2020 (The Expresswire) -- The global stationary generators market size is set to hit USD 24.03 billion by 2026, exhibiting a CAGR of 5.9% during the forecast period. Lack of access to electricity supply in certain regions of the world will be a key growth driver for this market, shares Fortune Business Insights™ in its latest report, titled “Stationary Generators Market Size, Share and Industry Analysis by Fuel (Diesel, Gas, and Others), By Power Rating (Below 75kVA, 75-375kVA, 375-750kVA, Above 750kVA), By Application (Continuous Load, Peak Load, Standby Load), By End-User (Mining, Oil and Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, and Others), and Regional Forecast, 2019 - 2026”. According to a joint report produced by the World Bank (WB), the World Health Organization (WHO), the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA), and the UN Statistics Division, nearly 650 million people worldwide will be deprived of electricity by 2030 if governments fail to step up their efforts. At present, around 573 million people in sub-Saharan Africa are living without electricity. Moreover, reliable and uninterrupted access to power is still not assured in majority of the regions in developing countries. In such a scenario, stationary generators can play a vital role in ensuring power supply to villages and small- and medium-scale businesses, which are critical in the economic development of a nation.

The stationary generators market report states that the value of this market stood at USD 15.28 billion in 2018. In addition to this, the report provides answers to the following questions:

  • How will the overall industry outlook impact the market?

  • What are the main factors driving the market growth?

  • What are the prime hindrances facing the market?

  • Which regions are expected to present most lucrative opportunities?

  • Who are the key players in the market and what are their dominant strategies?

  • What are the major market segments?

Request a Sample Copy Of Global Market Research Report -https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/stationary-generators-market-102564

The stationary generators market report states that the value of this market stood at USD 15.28 billion in 2018. In addition to this, the report provides answers to the following questions:

  • How will the overall industry outlook impact the market?

  • What are the main factors driving the market growth?

  • What are the prime hindrances facing the market?

  • Which regions are expected to present most lucrative opportunities?

  • Who are the key players in the market and what are their dominant strategies?

  • What are the major market segments?

List of the Key Players Covered in the Report:

  • Yamaha Motor Corporation, USA (United States)

  • Kohler-SDMO (France)

  • John Deere (United States)

  • Ingersoll Rand (Ireland)

  • Generac Power Systems (United States)

  • FG Wilson (United Kingdom)

  • Cummins Inc. (United States)

  • Caterpillar Inc. (United States)

  • American Honda Motor Company, Inc. (United States)

  • Kirloskar Electric Co. Ltd (India)

  • PRAMAC (Italy)

  • Aggreko (United Kingdom)

  • Briggs and Stratton (United States)

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