According to the recent research report titled ‘Gas Generator Sets Market Size By Power Rating (? 50 kVA, > 50 kVA - 125 kVA, > 125 kVA - 200 kVA, > 200 kVA - 330 kVA, > 330 kVA - 750 kVA, > 750 kVA), By End Use (Residential, Commercial, Industrial), By Application (Standby, Peak Shaving, Prime/Continuous), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2028’ available with MarketStudyReport, global gas generator set market is expected to grow noticeably by 2025.

The major factors driving the global gas generator set market growth are rising industrialization, increasing natural gas production & exploration efforts, and mounting infrastructure development.

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Gas generator sets are known to offer various benefits such as clean burning, fuel efficiency, sturdy construction, low emissions, and cost effectiveness. This coupled with strict environmental reforms are also stimulating the overall industry outlook.

The global gas generator sets market space is segregated on the basis of application type, power rating, end-user reach, and regional analysis. From the power rating segment, the market is further divided into> 200 kVA - 330 kVA, > 50 kVA - 125 kVA, ??? 50 kVA, > 125 kVA - 200 kVA, > 330 kVA - 750 kVA, and > 750 kVA.

The ≤ 50 kVA segment is projected to record robust growth through the forecast period due to rise in requirement for small and less powerful generator sets across the residential sector. On the other hand, the > 50 kVA - 125 kVA segment is also estimated to progress at a strong CAGR over the analysis timeline through 2028, primarily due to the rapid expansion of the commercial sector and rising infrastructural investments.

In terms of end-user landscape, the market is categorized into residential, industrial, and commercial. The residential segment is expected to garner significant gains by 2025 due to the growing demand for reliable and continuous power supply.

On the basis of application reach, the market is bifurcated into standby, prime/continuous, and peak shaving. The prime/continuous segment is poised to gain significant momentum through the projected timeline.

From the regional point of view, global gas generator set industry involves regions like North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.

The Middle East market is anticipated to register exponential expansion through the study period due to increasing frequency and intensity of weather outages in the region. Meanwhile, the Latin America market is poised to record considerable growth in the ensuing years, due to strict environmental rules and continuous efforts to curb the effects of global warming.

The competitive landscape of the global gas generator set marketplace is defined by companies such as Eaton Corporation plc, Champion Power Equipment, Rolls-Royce Holdings plc, Aggreko plc, Caterpillar Inc., Generac Power Systems Inc., Kohler Co., Briggs & Stratton Corporation, and Cummins Inc.