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    Asia Pacific Gasoline Gensets Market Size By Phase (Single Phase, Three Phase), By Power Rating (< 2 kVA, 2 kVA - 3.5 kVA, 3.5 kVA - 5 kVA, 5 kVA - 6.5 kVA, 6.5 kVA - 8 kVA, 8 kVA - 15 kVA), By End Use (Residential, Commercial, Construction), Research Report, Country Outlook (China, Japan, India, Indonesia, South Korea), Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027
    Published Date: April 2021   |   Report ID: GR1754   |   Delivery: PDF  Request Free Sample

    Asia Pacific Gasoline Gensets Market size will witness substantial growth through 2027 on account of flourishing construction sector coupled with rising demand for consistent power supply. Rapid population growth along with increasing demand for reliable sustainable grid infrastructure will favor the industry scenario. Furthermore, escalating intensity and frequency of weather-related calamities resulting in chronic power outages will fuel the market demand.

    APAC Market, By Power Rating

    The 3.5 kVA - 5 kVA rated gensets will observe significant rise till 2027 owing to increasing population growth and rising urbanization rate primarily across the developing nations. The ability of these units to effectively serve the consumer’s power necessities, majorly across households and small commercial establishments, will drive the market growth. Growing demand for continuous power supply driven by inadequate electric grid infrastructure will augment the market landscape.

    APAC Market, By Phase

    Three phase gasoline gensets industry is anticipated to grow exponentially from 2021 to 2027 due to broad applicability of these units across various industry applications including marine, commercial & industrial establishments. Consistent power supply, high flexibility, and considerable material proficiency are the key features which in turn lead to product deployment. Aging grid infrastructure in line with shifting customer awareness toward power backup solutions is set to favor the market dynamic.

    APAC Market, By End Use

    The construction application segment is projected to dominate the Asia Pacific gasoline gensets market share during the forecast period impelled by flourishing real estate sector and robust expansion of commercial establishments. Sudden outspread of coronavirus resulted in rapid increase in construction of healthcare developments, which in turn will escalate the market demand. Increasing deployment of backup power solutions for recreational outdoor activities will further enhance the industry landscape. Moreover, shifting consumer focus toward low-power units suitable for residential operations in line with the unit’s economic viability and operational suitability will favor the business scenario.

    APAC Market, By Country

    Japan market for gasoline gensets will gain an appreciable momentum between 2021 and 2027 owing to intensifying weather-related disasters and surging demand for revamping the existing grid infrastructure. Robust expansion of commercial spaces coupled with ongoing proliferation of residential establishments will energize the industry dynamic. Growing demand for continuous power supply along with increasing significance of emergency preparedness solutions will further escalate the demand for these units.

    Competitive Industry Landscape

    Key manufacturers functioning across the industry are Atlas Copco Siemens, Westinghouse Electric Corporation, Cummins, Caterpillar, Yamaha, Generac, Wacker Neuson, Kirloskar Oil Engines Limited, Kohler, Stephill Generators, and Honda Motors.

    Emission compliances, technological improvements and service cost competitiveness coupled with product design are the prime factors on which manufacturers are aiming to sustain their competitive market share. Key players are aiming toward building strategic alliances, joint ventures coupled with mergers and acquisitions by which they are embracing to strengthen their competitive advantage.

    Frequently Asked Question(FAQ) :

    What are the key growth drivers for Asia Pacific gasoline gensets market through 2027?
    The market for gasoline gensets in Asia Pacific will grow substantially through 2027 powered by an expanding construction sector and the need for continuous power supply in remote areas.
    Why are 3.5 kVA - 5 kVA rated gasoline gensets gaining traction in the Asia Pacific market?
    3.5 kVA - 5 kVA rated gasoline gensets will witness widespread deployment in Asia Pacific due to a notable uptick in population growth and urbanization in developing countries.
    How is the construction sector contributing towards Asia Pacific gasoline gensets landscape?
    Flourishing real estate and ongoing commercial sector expansion indicate that construction applications will dominate Asia Pacific industry trends in the future.
    Why will three phase gasoline gensets experience notable demand in APAC countries.
    Three phase gasoline gensets will be in demand in the Asia Pacific market due to key applications in commercial, industrial, and marine sectors.
    How will Japan gasoline gensets industry grow through 2027?
    The market for gasoline gensets in Japan will witness commendable growth due to the prevalent weather related disasters and ongoing investments in revamp of the grid infrastructure.

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