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Stationary gas generators are one of the significant contributors to the overall generator market, and the market is expected to grow at a CAGR of more than 8% during the forecast period. Rapid urbanization and high growth rate of the infrastructure industry are the major drivers influencing the market growth, especially in the developing countries.
With the significant growth in industrial activities worldwide, the demand for stationary generators is expected to witness a considerable growth. The main factor leading to the demand for stationary generators is the continuous disruptions in the electricity supply, which have forced industrial users to install high power rated stationary gas generators for an uninterrupted electricity supply, to enhance their safety, comfort levels, and day-to-day operations.
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