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Global Generator Sales Market (2022 to 2027) - Rising Adoption of Hybrid Generators, Bi-Fuel Generators, and Inverter Generators Presents Opportunities

Generator Sales Market by Fuel Type, Power Rating,

Generator Sales Market by Fuel Type, Power Rating, Application, End-user, Design, Sales Channel and Region – Global Forecast to 2027

Generator Sales Market by Fuel Type, Power Rating, Application, End-user, Design, Sales Channel and Region – Global Forecast to 2027
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The Worldwide Generator Sales Industry is Expected to Reach $26 5 Billion in 2026 at a CAGR of 5 9% from 2021

Share this article DUBLIN, May 17, 2021 /PRNewswire/ The ResearchAndMarkets.com s offering. The generator sales market is expected to grow from an estimated USD 19.9 billion in 2021 to USD 26.5 billion in 2026, at a CAGR of 5.9% during the forecast period. Generators can be used in standby, prime, continuous, and peak shaving applications in various end-user sectors such as industrial, commercial, and residential. The main driver of the generator sales market is the rising demand for uninterrupted and reliable power supply from end-users and increased demand for IT infrastructure management. Rising adoption of energy storage technologies can act as a restraint for the generator sales market.

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