Electric Generating Set World Industry Analysis Report 2021
“The expansion of the global electric generating set industry is forecast to reach 1.5% p.a. in the coming years. Between 2010 and 2016 the market increased with an average annual growth of 1.2%.�
The expansion of the global electric generating set industry is forecast to reach 1.5% p.a. in the coming years. Between 2010 and 2016 the market increased with an average annual growth of 1.2%. Currently, diesel generating sets (output over 375 kVA) account for 26.1% of the global demand while the remaining market share is divided between generating sets (wind powered) (21.8%), generating sets (spark ignition engine) (16.2%), diesel generating sets (output less than 75 kVA) (9.3%), diesel generating sets (output 75-375 kVA) (7.5%) and other electric generating sets (19.1%). China, Denmark, Russia, South Africa and the United States represent the largest electric generating set markets while the strongest annual growth is forecast to occur in Cyprus (30.8%), Ukraine (18.8%), India (11.1%), Azerbaijan (9.8%) and Ethiopia (9.4%).
Browse Full Research Report at: http://www.radiantinsights.com/research/world-electric-generating-set-marketto-2021
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