DUBLIN, Jan. 24, 2019 /PRNewswire/ --
The "North America Gas Genset Market (2018-2024): Market Forecast by KVA Ratings, by Applications, by Countries, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
North America Gas Genset market is projected to grow at a CAGR of 5.4% during 2018-24.
Expansion of the manufacturing sector, growing electricity demand from industrial sector along with developing gas-related infrastructure in the region were the key drivers for the growth of North America Gas Genset Market during the past few years. Factors such as increasing awareness of gas gensets among customers, high power demand, unreliable grid infrastructure, and more severe and unpredictable power outages due to extreme weather conditions are likely to drive the demand for gas gensets during the forecast period. Further, strengthening of natural gas transportation infrastructure in countries such as Canada and Mexico would also drive the demand for gas gensets in the region.
According to this research, the Growing electricity demand with rising population, industrialization, the low operational cost of gas gensets as well as growing demand for clean and reliable power supply and expansion of gas pipeline infrastructure in the United States, Canada and Mexico would drive the growth of gas genset market in the North America region. Moreover, high power losses in many North American countries due to the increasing frequency of grid failures on account of inability to sustain amplified demand load and high susceptibility to extreme weather conditions would also augment the growth of gas genset market in the region. Additionally, upcoming projects such as Google Data Centre, Mountain Valley Pipeline Project and Eagle Ford Shale would further drive the demand for gas gensets in the region.
The United States captured the majority of the revenue share in the North America gas genset market followed by Canada, on account of rapid deployment of prime power gas gensets in industrial and power generation sector, while the residential and commercial sector would drive the growth of standby gas gensets. Further, increasing adoption of environment-friendly solutions, the rise in green manufacturing practices of industries and increasing disposable income of the population are some of the key factors driving the growth of gas genset market in the region.
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Global Gas Genset Market Overview
3.1 Global Gas Genset Market Revenues and Volume, 2014-2024F
3.2 Global Gas Genset Market Revenue and Volume Share, By Applications, 2017 & 2024F
4. North America Gas Genset Market Overview
4.1 North America Gas Genset Market Revenues and Volume, 2014-2024F
4.2 North America Gas Genset Market Revenue and Volume Share, By Applications, 2017 & 2024F
4.3 North America Gas Genset Market Revenue and Volume Share, By kVA Ratings, 2017 & 2024F
4.4 North America Gas Genset Market Revenue and Volume Share, By Verticals, 2017 & 2024F
4.5 North America Gas Genset Market Revenue and Volume Share, By Countries, 2017 & 2024F
4.6 North America Gas Genset Market - Industry Life Cycle
4.7 North America Gas Genset Market - Porter's Five Forces
5. North America Gas Genset Market Overview, By Applications
5.1 North America Standby Gas Genset Market Revenues and Volume, 2014-2024F
5.1.1 North America Standby Gas Genset Market Revenue and Volume Share, By kVA Ratings, 2017 & 2024F
5.1.2 North America Standby Gas Genset Market Revenue and Volume Share, By Verticals, 2017 & 2024F
5.2 North America Prime Power Gas Genset Market Revenues and Volume, 2014-2024F
5.2.1 North America Prime Power Gas Genset Market Revenue and Volume Share, By kVA Ratings, 2017 & 2024F
5.2.2 North America Prime Power Gas Genset Market Revenue and Volume Share, By Verticals, 2017 & 2024F
6. North America Gas Genset Market Dynamics
6.1 Impact Analysis
6.2 Market Drivers
6.3 Market Restraints
7. North America Gas Genset Market Trends
8. United States Gas Genset Market Overview
9. Canada Gas Genset Market Overview
10. Rest of North America Gas Genset Market Overview
11. North America Gas Genset Market Price Trend, By kVA Ratings
12. North America Gas Genset Market Key Performance Indicators
12.1 North America Commercial Sector Outlook
12.2 North America Residential Sector Outlook
12.3 North America Industrial Sector Outlook
12.4. North America Oil & Gas Sector Outlook
12.5 North America Construction Industry Outlook
12.6. North America Natural Gas Sector Outlook
13. North America Gas Genset Market Opportunity Assessment
13.1 North America Gas Genset Market Opportunity Assessment, By Countries, 2024F
13.2 North America Gas Genset Market Opportunity Assessment, By Verticals, 2024F
14. Competitive Landscape
14.1 North America Gas Genset Market Revenues, By Company, 2017
14.2 Competitive Benchmarking, By kVA Ratings
15. Company Profiles
15.1. Briggs & Stratton Corporation
15.2. Generac Power Systems, Inc
15.3. MTU Onsite Energy Corporation
15.4. GE Power
15.5. Wartsila Corporation
15.6. Himoinsa Power Systems Inc.
15.7. Cummins Inc.
15.8. Caterpillar Inc.
15.9. Kohler Power Systems
15.10. Siemens AG
For more information about this report visit https://www.researchandmarkets.com/research/qqbphf/north_america_gas?w=5
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