Global Generator (Up to 20 kVA) Market: With a CAGR of 7.10% over 2017-2025, Market Value to Rise to US $3,341.4 Mn by 2025-End
The growing power demand from commercial, domestic, and industrial sectors in developing economies, poor electrification rate in Sub-Saharan Africa, and recent natural calamities in North America are the major factors for growing sales of prime/stand-by power generators around the globe. Generators provide back-up power and classified into prime power and stand-by gensets. Generators runs on different types of fuels such as gasoline, diesel, natural gas, LPG, and others including bio-fuels. Most of the generators (up to 20 kVA) are small...
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