Global Industrial Gas Generators Market to Reach $6.7 Billion by 2030
The global market for Industrial Gas Generators estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$6.7 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Chemical, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$1.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Breeding segment is readjusted to a revised 6.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 8.7% CAGR
The Industrial Gas Generators market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 42 Featured) -
- Aggreko PLC
- APR Energy
- Caterpillar, Inc.
- Cummins Power Systems
- FG Wilson
- Generac Power Systems, Inc.
- Himoinsa S.L.
- Kohler Company
- Mtu Friedrichshafen GmbH
- Multiquip Inc.
- Perkins Engines Company Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aggreko PLC
- APR Energy
- Caterpillar, Inc.
- Cummins Power Systems
- FG Wilson
- Generac Power Systems, Inc.
- Himoinsa S.L.
- Kohler Company
- Mtu Friedrichshafen GmbH
- Multiquip Inc.
- Perkins Engines Company Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 294 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.2 Billion |
Forecasted Market Value ( USD | $ 6.7 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |