Sep 13, 2018   SOURCE: BusinessWire

Global $850 Million Generator Control Units Market Outlook to 2026 - ResearchAndMarkets.com

The global market for generator control units (GCUs) is expected to cross US$ 850 Mn by 2026 at a CAGR of 4.75% throughout the forecast period from 2018 to 2026.
Increasing demand for power across worldwide, growing number of power outages, and rising volume of off-grid power consumption are expected to be some of the major growth drivers for the global generator sales market over the forecast period from 2018 to 2026.
Numerous upcoming commercial and industrial construction projects are expected to boost sales of generator sets during the forecast period. Even developed regions such as North America and Europe have started adopting off-grid power systems to reduce dependence on utility scale electricity. This has boosted the sales of generator sets in these regions. Thus, increasing volume of off-grid power consumption has driven the sale of generator sets across the globe. All these factors along with rising demand for uninterrupted power supply is expected drive the demand for generator control units globally.

Projected growth in industry verticals such as oil and gas, construction and mining sectors expected to fuel the demand for GCUs in industrial applications. The aviation and transportation segment is expected to witness the fastest growth during the forecast period. Rising deployment of digital GCUs in this segment is expected to support the market growth over the forecast period. Significant demand from power plant sectors also expected for generator control units with increasing number of power plants globally.

Key Topics Covered

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

Chapter 4 Global Generator Control Units Market, By Product Type

Chapter 5 Global Generator Control Units Market, By End-use Applications

Chapter 6 North America Generator Control Units Market Analysis

Chapter 7 Europe Generator Control Units Market Analysis

Chapter 8 Asia Pacific Generator Control Units Market Analysis

Chapter 9 Rest of World Generator Control Units Market Analysis

Chapter 10 Company Profiles

  • Emerson Electric Co.
  • General Electric
  • ComAp
  • AMETEK Inc.
  • Lamar Technologies LLC
  • Air Data Inc.
  • Deep Sea Electronics
  • Kohler Co.
  • Avionics Instruments LLC
  • DEIF A/S
  • Beckwith Electric Co. Inc.
  • SmartGen
  • Jenoptik AG

For more information about this report visit https://www.researchandmarkets.com/research/5szpqx/global_850?w=4