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NEW YORK, July 12, 2021 /PRNewswire/
The US contributes to the highest incremental growth of 65% in the gas engine market size in North America during the forecast period, as per Technavio.
Caterpillar Inc., Cummins Inc., Doosan Infracore Co. Ltd., are the three major market participants for the gas engine market size in North America.
Technavio has announced its latest market research report titled Gas Engine Market in North America by End-user, Application, and Geography - Forecast and Analysis 2021-2025 Reduction in the price of natural gas and the Increasing demand for efficient heat and power generation in North America will further boost market growth during the forecast period , says a senior analyst at Technavio.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. COVID-19 will have at Par on the diesel generator market for industrial applications. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
The diesel generator market for industrial applications in the heavy electrical equipment industry is expected to grow by USD 1.95 billion, progressing at a CAGR of almost 6% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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NEW YORK, July 12, 2021 /PRNewswire/ The unreliable power grid infrastructure in developing countries and the emergence of dual fuel generator technology will further boost market growth during the forecast period, says a senior analyst at Technavio.
Technavio has announced its latest market research report titled Portable Generator Market by End-user, Type, and Geography - Forecast and Analysis 2020-2024
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. COVID-19 will have At Par impact on the portable generator market.
NEW YORK, July 12, 2021 /PRNewswire/
The US contributes to the highest incremental growth of 65% in the gas engine market size in North America during the forecast period, as per Technavio.
Caterpillar Inc., Cummins Inc., Doosan Infracore Co. Ltd., are the three major market participants for the gas engine market size in North America.
- Advertisement - Reduction in the price of natural gas and the Increasing demand for efficient heat and power generation in North America will further boost market growth during the forecast period , says a senior analyst at Technavio.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
Aeroderivative Gas Turbine Market in the Heavy Electrical Equipment Industry to grow by USD 1 08 billion prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.