Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Genset market in this environment.
In terms of revenue, this research report indicated that the global Genset market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Genset industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Caterpillar aims at producing XX Genset in 2020, with XX % production to take place in global market, Cummins accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Genset Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Genset Market?
Caterpillar
Cummins
Wartsila
Siemens
General Electric
ABB
PARAMAC
Generac Holdings
Kohler
MTU Onsite Energy
Mitsubishi Heavy Industries
Kirloskar Electric Company
Yanmar
Himoinsa
...
Major Type of Genset Covered in XYZResearch report:
Natural Gas
Diesel
Propane
Application Segments Covered in XYZResearch Market
Standby Power
Peak Shaving
Prime/Continuous Power
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Genset Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Natural Gas -Product Introduction and Major Manufacturers
1.1.2 Diesel -Product Introduction and Major Manufacturers
1.1.3 Propane -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Genset Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Genset Market
3.1.1 Top Companies leading Genset Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Genset Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Genset Market
3.2.1 Top Companies leading Genset Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Genset Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Genset Market
3.3.1 Top Companies leading Genset Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Genset Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Genset Market
3.4.1 Top Companies leading Genset Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Genset Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Genset Market
3.5.1 Top Companies leading Genset Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Genset Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Genset Market
3.6.1 Top Companies leading Genset Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Genset Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Genset Market
3.7.1 Top Companies leading Genset Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Genset Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Genset Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Genset Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Genset Sales and Growth Rate (2021-2026)
5.2 Global Genset Sales Value and Growth Rate (2021-2026)
6 Genset Competitive Analysis
6.1 Caterpillar
6.1.1 Caterpillar Company Profiles
6.1.2 Caterpillar Product Introduction
6.1.3 Caterpillar Genset Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Cummins
6.2.1 Cummins Company Profiles
6.2.2 Cummins Product Introduction
6.2.3 Cummins Genset Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Wartsila
6.3.1 Wartsila Company Profiles
6.3.2 Wartsila Product Introduction
6.3.3 Wartsila Genset Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Siemens
6.4.1 Siemens Company Profiles
6.4.2 Siemens Product Introduction
6.4.3 Siemens Genset Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 General Electric
6.5.1 General Electric Company Profiles
6.5.2 General Electric Product Introduction
6.5.3 General Electric Genset Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 ABB
6.6.1 ABB Company Profiles
6.6.2 ABB Product Introduction
6.6.3 ABB Genset Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 PARAMAC
6.7.1 PARAMAC Company Profiles
6.7.2 PARAMAC Product Introduction
6.7.3 PARAMAC Genset Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Generac Holdings
6.8.1 Generac Holdings Company Profiles
6.8.2 Generac Holdings Product Introduction
6.8.3 Generac Holdings Genset Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Kohler
6.9.1 Kohler Company Profiles
6.9.2 Kohler Product Introduction
6.9.3 Kohler Genset Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 MTU Onsite Energy
6.10.1 MTU Onsite Energy Company Profiles
6.10.2 MTU Onsite Energy Product Introduction
6.10.3 MTU Onsite Energy Genset Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Mitsubishi Heavy Industries
6.12 Kirloskar Electric Company
6.13 Yanmar
6.14 Himoinsa
7 Conclusion
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