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Power Generator For Military Market to Witness Strong Demand for Fuel-Efficient & Advanced Generators During 2020-2030, Says Future Market Insights

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News provided by

Future Market Insights

28 Sep, 2020, 14:30 GMT

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DUBAI, UAE, Sept. 28, 2020 /PRNewswire/ -- Future Market Insights (FMI) anticipates the global power generator for military market to surge at a moderate CAGR of 3.4% during the assessment period 2020-2030. The steadily surging demand for better access to power sources along with a portable generator from military agencies is poised to support growth foreseen in the market. 

"The COVID-19 outbreak has crippled the power sector of some prominent economic powerhouses and is likely to witness an improbable slump in investment, liquidity crunch and other devastating challenges," says an analyst at FMI. 

For more insights into the Market, Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-12533

Power Generator for Military Market - Key Takeaways

  • Based on capacity, the up to 60 KW category accounts for the prominent market share due to the fuel efficiency and compact design of these generators.
  • In terms of output, the AC generator holds close to 3/4th overall market share.
  • Diesel fuel type holds a prominent market share as they are more suitable and reliable across multiple applications.
  • Based on installation type, mobile and portable generators gain prominence among others as they are more compatible with several military operations.
  • Based on application, Camps/accommodation and hospitals stay prominent in the market over the assessment period.

Power Generator for Military - Key Trends

  • Surging demand for distributed power in key government organizations such as the military is a major growth-promoting aspect for the global market.
  • Power generator installments are the favored method for enhancing energy-security performance, environment, and economy thus catalyzing the market growth.
  • As troops deployments are rising overseas, together with the requirement for several modern warfare equipments, governments are investing in fortifying their defense systems by investing in robust power generation equipment in the approaching years.
  • Driven by the need to reduce carbon footprint, demand for hybrid generators will increase generating a lucrative growth prospect.

Power Generator for Military - Regional Analysis 

  • North America will remain the most lucrative region for power generators for the military due to escalating military spending.
  • Europe will witness steady growth and will remain one of the extremely lucrative markets over the forecast period.
  • The Asia Pacific market will record the fastest growth at the leading space as growing demand from nations such as China, Japan, and India will bolster expansion prospects in the region.

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-12533

Power Generator for Military - Competitive Landscape

Market players operating in the market are incessantly striving to provide advanced power generation systems with low operational cost and high output. Players are anticipated to focus more on the production of hybrid generators in addition to product launches, expanding product lines, and increasing market impressions. Mergers & acquisitions make key strategic moves implemented by the players to attain a competitive advantage. For instance

Cummins Inc. initiated the HSK78G natural gas generator series which offers innovative gas technologies and scope of advanced capabilities.

Leading players identified in the global power generator for the military market are Caterpillar Inc., Cummins Inc., Rolls-Royce Holdings plc, Harrington Generators International, HIMOINSA, Teknel SRL, VÝVOJ Martin, GRUPEL S.A., HITZINGER GmbH, Ascot Industrial S.r.l., Fischer Panda GmbH, GREEN POWER SYSTEMS S.r.l., Kirloskar Oil Engines Ltd., Kohler Co., and Ausonia S.r.l.

Power Generator for Military - Taxonomy

Capacity

  • Upto 60 KW
  • 61 to 250 KW
  • 251 to 500 KW
  • 501 to 1000 KW
  • Above 1000 KW

Output Type

  • AC
  • DC

Fuel Type

  • Diesel
  • Natural Gas

Installation Type

  • Stationery
  • Mobile and Portable

Application

  • Communication System
  • Air Defence System
  • Field Hospitals
  • Field Camps/Accommodation
  • Lighting
  • Military Vehicles
  • Others

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania

Get full Report Now@ https://www.futuremarketinsights.com/checkout/12533

Get Valuable Insights into the Power Generator for Military Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global power generator for military market, presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the power generator for military market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.

Explore Extensive Coverage on FMI's Industrial Automation Landscape

Centrifugal Pumps Market : The centrifugal pumps market is anticipated to surpass an impressive revenue threshold by the end of the forecast period ranging from 2020 to 2030, concludes FMI's recently published research report on the market. 

Aerial Work Platforms Market: FMI's compelling study on the aerial work platforms market sheds light on the prominent dynamics influencing the growth trajectory for the upcoming forecast period 2020-2030 through detailed segmental and regional analyses. 

Electric Sub-meter Market: The electric sub-meter market report offers a 360-degree analysis, bringing to the fore insights that can help stakeholders identify key challenges and opportunities across the upcoming decade's growth trajectory.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com 
For Media Enquiries: press@futuremarketinsights.com 

Report: https://www.futuremarketinsights.com/reports/power-generator-for-military-market 
Press Release Source: https://www.futuremarketinsights.com/press-release/power-generator-for-military-market

Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg  

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