Europe Electric Generators Market - Analysis by Geography, Type, Power rating, End user, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2016 - 2021)
The Europe Electric generator Market has been estimated at USD XX billion in 2016 and is projected to reach USD XX billion by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021. An electric generator is an electromechanical device which converts mechanical energy to electrical energy. Generators are vital equipment that provide reliable and efficient way to supply electricity in cases of power outage. It acts as a reliable backup power supply and are also mobile. The electric generators offer solutions to Residential, Industrial as well as commercial sectors. Industrial sector includes Oil and gas industry, power generation, manufacturing, and others. Commercial sector caters to healthcare, Information technology, agriculture, construction & real estate etc. With the rise in industrialization across the world, especially in the Central and eastern European countries like, Slovakia and Lithuania, demand for electric generators will increase.
The European electric generators market is driven by a number of factors such as Economic growth in the Eastern Europe, existing power supply failures and demand for steady power supply. However, this market faces certain drawbacks, such as High operating costs of these units along with the design and construction challenges of the equipment itself. Opportunities can be scope for new technological innovations and Futures simplified manufacturing systems. The market is broadly classified into different types such as Diesel generators and gas generators. Based on the power rating market can be classified as small (less than 100 KVA), medium (100 to 500 KVA) and large (more than 1000 KVA). The market has also been geographically segmented into Austria, France, Germany, Greece, Italy, Norway, Romania, Russia, Spain, Sweden, Switzerland, Turkey and others. Germany has the largest and the fastest growing electric generators market with UK and France following the list. However, the price sensitivity in this region has considerably hindered the growth of this market. The market has more relevance today since trends show that many residential as well as companies are looking towards a reliable backup power supplies. The major companies dominating this market for its products, services, and continuous product developments are Briggs & Stratton Corporation, Caterpillar, Inc. , Coelmo, Crompton and greaves, Cummins, Inc., F G Wilson, Hitzinger, Johnson Electric Holdings Ltd, Kohler Co.,Siemens Ag, Wacker Neuson, Wartsila Corporation, Yanmar Co. Ltd and others.
Key Deliverables in the Study
Market analysis for the Europe Electric generator Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Europe electric generator market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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