Europe Gas Generator Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook
Europe Gas Generator Market Size- By Capacity, End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: POAE2414 | Pages: 1 - 153 | Formats*: |
| Category : Power & Energy | |||
Europe Gas Generator Market Introduction and Overview
According to SPER Market Research, the Europe Gas Generator Market is estimated to reach USD 903.56 million by 2033 with a CAGR of 6.27%.
The report includes an in-depth analysis of the Europe Gas Generator Market, including market size and trends, product mix, distribution channels, and supplier analysis. A gas generator is an apparatus or system intended to generate a regulated gas flow, usually for use in various industrial or propulsion applications. When it comes to propulsion, a gas generator is frequently an essential part of gas turbine or rocket engines. In a rocket engine, the gas generator burns a fuel and oxidizer mixture to produce high-pressure, high-temperature gases. After that, the turbine that is powered by these gases is used to power the engine's pumps, which supply the main combustion chamber with the fuel and oxidizer flow that it needs. The gas generator in a gas turbine engine is a component of a larger, more intricate system that also includes turbines, combustion chambers, and compressors.
- April 2022: The sales and projects division of Bristol-based Power Electrics Generators, owned by John and Andy Pullin, will be acquired by Glasgow-based diesel and gas generator provider DTGen. With locations in Scotland, the Midlands, and now the South, the acquisition expanded the diesel generators' national coverage throughout the United Kingdom and added a significant amount of capacity and expertise.
- In March 2022: the Spanish Enarco SA majority owners and Wacker NeusonGroup, a diesel generator manufacturer, inked a deal for Wacker NeusonGroup to purchase up to 100% of EnarGroup. The goal of the new partnership is to improve Wacker NeusonGroup's competitiveness in North-West European markets.
Market Opportunities and Challenges
Opportunities: There are a number of factors driving the Europe Gas Generator Market, which presents significant opportunities. Gas generators are becoming more and more popular because they provide a greener alternative to conventional fossil fuel-based power generation, which is in line with the growing emphasis on cleaner and more sustainable energy solutions. Gas generator adoption is also being aided by the growing need for dependable and robust energy sources, particularly in the commercial and industrial sectors. By offering backup and supplemental power during intermittent energy generation, Europe's shift to renewable energy sources like wind and solar benefits the gas generator market. Additionally, technological developments have prompted investments in research and development by resulting in the creation of gas generator systems that are more effective and emit less emissions.
Challenges: A number of challenges affect the growth and development of the European gas generator market. A significant obstacle is the growing rivalry from alternative energy sources, especially renewable energy technologies such as solar and wind power. Traditional gas generator demand is under threat due to the continent's commitment to meeting its ambitious renewable energy targets. In addition, manufacturers of gas generators face difficulties due to strict emission standards and environmental regulations, which is why cleaner and more environmentally friendly technologies must be developed. Project viability and investment decisions can be impacted by market dynamics that are influenced by geopolitical factors, economic uncertainties, and fluctuations in gas prices.
Market Competitive Landscape
The market for gas generators in Europe is quite consolidated. The following are a few of the leading companies in the market, not in any particular order: MTU Onsite Energy Corp., Caterpillar Inc., Cummins Inc., Generac Holdings Inc., and Himoinsa sl.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Capacity, End User |
| Regions covered | Germany, Denmark, Italy, The United Kingdom, Rest of Europe |
| Companies Covered | Aggreko plc, Caterpillar Inc., Cipriani Srl, Cummins Inc., FG Wilson Power Equipment Co. Ltd, Generac Holdings Inc., Genesal Energy, Green Power Systems Srl, Himoinsa sl, MTU Onsite Energy Corp. |
COVID-19 Impact on Europe Gas Generator Market
The COVID-19 pandemic has had a significant impact on the European gas generator market. The global health crisis's beginning caused supply chain hiccups, production halts, and a downturn in building projects, all of which had an impact on the market for gas generators. The market was directly impacted by projects that were delayed or postponed in a number of industries, including infrastructure and energy, as a result of the economic uncertainties brought on by the pandemic. The installation and upkeep of gas generator systems were impacted by labour mobility restrictions and logistical difficulties brought about by lockdowns and travel restrictions. Furthermore, some businesses reevaluated their capital expenditures as a result of the economic downturn, possibly postponing investments in gas generator installations.
Key Target Audience:
- Industrial Sector
- Commercial Establishments
- Residential Users
- Healthcare Facilities
- Data Centers
- Construction Industry
- Telecommunication Infrastructure
- Oil and Gas Sector
Our in-depth analysis of the Europe Gas Generator Market includes the following segments:
| By Capacity: |
|
| By End User: |
|
| By Region |
|
Key Topics Covered in the Report:
- Europe Gas Generator Market Size (FY’2023-FY’2033)
- Overview of Europe Gas Generator Market
- Segmentation of Europe Gas Generator Market By Capacity (Less Than 75 kVA, Between 75-375 kVA, More than 375 kVA)
- Segmentation of Europe Gas Generator Market By End User (Residential, Commercial, Industrial)
- Expansion Analysis of Europe Gas Generator Market
- Problems and Obstacles in Europe Gas Generator Market
- Competitive Landscape in the Europe Gas Generator Market
- Impact of COVID-19 and Demonetization on Europe Gas Generator Market
- Details on Current Investment in Europe Gas Generator Market
- Competitive Analysis of Europe Gas Generator Market
- Prominent Players in the Europe Gas Generator Market
- SWOT Analysis of Europe Gas Generator Market
- Europe Gas Generator Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Gas Generator Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Gas Generator Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Gas Generator Market
7. Europe Gas Generator Market, By Capacity (USD Million)
7.1. Europe Gas Generator Market Value Share and Forecast, By Capacity, 2023-20337.2. Less Than 75 kVA7.3. Between 75-375 kVA7.4. More than 375 kVA
8. Europe Gas Generator Market, By End User (USD Million)
8.1. Europe Gas Generator Market Value Share and Forecast, By End User, 2023-20338.2. Residential8.3. Commercial8.4. Industrial
9. Europe Gas Generator Market Forecast, 2019-2033 (USD Million)
9.1. Europe Gas Generator Market Size and Market Share
10. Europe Gas Generator Market, By Capacity, 2019-2033 (USD Million)
10.1. Europe Gas Generator Market Size and Market Share By Capacity (2019-2026)10.2. Europe Gas Generator Market Size and Market Share By Capacity (2027-2033)
11. Europe Gas Generator Market, By End User, 2019-2033 (USD Million)
11.1. Europe Gas Generator Market Size and Market Share By End User (2019-2026)11.2. Europe Gas Generator Market Size and Market Share By End User (2027-2033)
12. Europe Gas Generator Market, By Region, 2019-2033 (USD Million)
12.1. Europe Gas Generator Market Size and Market Share By Region (2019-2026)12.2. Europe Gas Generator Market Size and Market Share By Region (2027-2033)12.3. Germany12.4. Denmark12.5. Italy12.6. The United Kingdom12.7. Rest of Europe
13. Company Profile
13.1. Aggreko plc13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Caterpillar Inc.13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Cipriani Srl13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Cummins Inc.13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. FG Wilson Power Equipment Co. Ltd13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Generac Holdings Inc.13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Genesal Energy13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Green Power Systems Srl13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Himoinsa sl13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. MTU Onsite Energy Corp13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Gas Generator Market is projected to reach USD 903.56 million by 2033, growing at a CAGR of 6.27% during the forecast period.
Europe Gas Generator Market size from 2022. The Market is expected to reach USD 903.56 million by 2033, at a CAGR of 6.27% during the forecast period.
Europe Gas Generator Market CAGR of 6.27% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Gas Generator Market size is 903.56 million from 2023 to 2033.
Europe Gas Generator Market Segment is covered By Capacity, End User.
The Europe is anticipated to have the highest market share in the Europe Gas Generator Market.
"The key players in the market include Companies Covered Aggreko plc, Caterpillar Inc., Cipriani Srl, Cummins Inc., FG Wilson Power Equipment Co. Ltd, Generac Holdings Inc., Genesal Energy, Green Power Systems Srl, Himoinsa sl, MTU Onsite Energy Corp."
Gas generators are becoming more and more popular because they provide a greener alternative to conventional fossil fuel-based power generation, which is in line with the growing emphasis on cleaner and more sustainable energy solutions.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
