NEW YORK, Nov. 5, 2021 /PRNewswire/ -- The generator market size in the healthcare sector is set to grow by USD 802.85 mn at a CAGR of 2.62% from 2020 to 2025, according to Technavio. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities.
The generator market in the healthcare sector is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Generator Market in the Healthcare Sector 2021-2025: Segmentation
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Generator Market in the Healthcare Sector 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the generator market in the healthcare sector include Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Guangdong Westinpower Co. Ltd., J C Bamford Excavators Ltd., Kohler Co., Mitsubishi Heavy Industries Ltd., Siemens AG, and Yanmar Holdings Co. Ltd.
Factors such as unreliable power grid infrastructure in developing countries, increasing incidence of natural calamities, and shift to gas generators will offer immense growth opportunities. However, stringent emission regulations will hamper the market growth.
Based on geography, the generator market in the healthcare sector has been segmented into five regions, namely APAC, Europe, North America, MEA, and South America. Technavio's market research report offers an up-to-date analysis of the geographical composition of the market, as well as regional opportunities and competitive intelligence. According to our research, APAC will account for 36% of the growth of the generator market in the healthcare sector in the region during the forecast period. India and China will be the key countries of the market. APAC is expected to record a fast growth rate. Hence, the region will provide various growth opportunities to market vendors.
Generator Market in the Healthcare Sector 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist generator market growth in the healthcare sector during the next five years
Estimation of the generator market size in the healthcare sector and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the generator market in the healthcare sector
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of generator market vendors in the healthcare sector
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Generator Market Scope In The Healthcare Sector
Growth momentum & CAGR
Accelerate at a CAGR of 2.62%
Market growth 2021-2025
USD 802.85 million
YoY growth (%)
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 36%
Key consumer countries
US, China, India, Canada, and Germany
Leading companies, competitive strategies, consumer engagement scope
Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Guangdong Westinpower Co. Ltd., J C Bamford Excavators Ltd., Kohler Co., Mitsubishi Heavy Industries Ltd., Siemens AG, and Yanmar Holdings Co. Ltd.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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