The Generator Sales Market is projected to grow at a CAGR 3% during the forecast period 2021-2027. The increasing demand for uninterrupted and reliable power from a wide range of end-users such as residential, IT/telecom, healthcare, utility and power generation, marine, chemical, oil & gas, mining, and construction can be attributed to the growth of the generator sales market.
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The expansion of the oil and gas industry in China, Mexico, Canada, and Africa is also fueling demand for generators in the industrial end-user segment. Because of the high demand for power products in China and India, Asia Pacific is expected to be the largest and fastest growing market. China's rapid economic growth has increased demand for power generation equipment such as diesel and gas generators in the country.
The report consists of the list of the vendor's profile of Generator Sales market key players include Caterpillar, Cummins, Rolls-Royce, Mitsubishi, Yanmar, and Kohler
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