Growing demand for gensets in power plants, oil & gas fields, rapid growth of industrial sector across various countries as well as low operational cost are the key factors which are driving the growth Gas Genset market over the past few years. Furthermore, exploration of newer and proven natural gas reserves in the African countries, Russia, the United States, Azerbaijan and Turkey are further leading to the development of gas infrastructure for subsequent supply to other parts of the world.

According to research, the Global Gas Genset market is projected to grow at a CAGR of 5.6% during 2018-24. Widening electricity demand-supply gap, rising industrialization, low operational cost as well as growing demand for clean and reliable power supply and expansion of gas pipeline infrastructure by several countries such as China, the United States, Russia and India would drive the growth for gas gensets in several regions of the world. Moreover, high power losses in many Asian and Latin American countries due to inefficient power generation infrastructure would also surge the demand for efficient power backup equipment such as gensets over the years to come. Upcoming projects such as Google Data Centre, Facebook Data Centre and FBI Data Centre would also drive the demand for gas gensets in the commercial sector.

The report comprehensively covers the Global Gas Genset Market by types, applications, regions and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:
• Historical Data of Global Gas Genset Market Revenues for the Period 2014-2017
• Market Size & Forecast data of Global Gas Genset Market Revenues until 2024
• Historical Data of Global Gas Genset Market Revenues for the Period 2014-2017, By KVA Rating
• Market Size & Forecast data of Global Gas Genset Market Revenues until 2024, By KVA Rating
• Historical Data of Global Gas Gensets Market Revenues for the Period 2014-2017, By Applications
• Market Size & Forecast data of Global Gas Genset Market Revenues until 2024, By Applications
• Historical Data of Global Gas Genset Market Revenues for the Period 2014-2017, By Regions
• Market Size & Forecast data of Global Gas Genset Market Revenues until 2024, By Regions

The report provides a detailed analysis of the following market segments:
• By KVA Ratings:
o Upto 100 KVA
o 100.1-375 KVA
o 375.1-1000 KVA
o Above 1000 KVA

• By Applications:
o Residential
o Industrial (Manufacturing and Production)
o Commercial (Offices, museum, hospitality, retail, education, Data Centre etc.)
o Power & Energy (Oil & gas, Electricity)
o Others (Transportation Infrastructure, educational buildings, government buildings, agriculture etc.)

• By Regions:
o North America
o South America
o Europe
o Middle East and Africa
o Asia Pacific

• By Key Countries:
o US
o Canada
o China
o India
o Indonesia
o Japan
o Australia
o Russia
o UK
o France

For More Details: https://www.aarkstore.com/industrial-goods-machinery/990117/global-gas-genset-market-forecast-and-competitive-landscape

Category: Business Services Research
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