Generator Market Analysis North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Jan 2023 Pages: 172 SKU: IRTNTR71018

Generator Market Size and Forecast 2023-2027

The generator market size is estimated to grow by USD 19,891.16 million accelerating at a CAGR of 8.04% between 2023 and 2027. The market report extensively covers market segmentation by Type (stationary and portable), End-user (industrial, commercial, and residential), and Geography (APAC, Europe, Middle East and Africa, North America, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021. Request Free Sample

Generator Market Growth Factors:

  • Rapid industrialization and growing construction equipment
  • Growing instances of power grid failure
  • Increasing incidence of natural calamities causing power outages

What will be the Size of the Generator Market During the Forecast Period?

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Generator Market Dynamics

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Major Market Driver

Growing instances of power grid failure are a key driver boosting the market growth. The surging occurrence of power grid failures has spurred the global uptake. In our contemporary world, electricity is the lifeblood of nearly every facet of life, from transportation networks and computer databases to common appliances such as ovens, washing machines, televisions, lights, fans, and virtually all daily-use electrical or electronic devices.

Rapid urbanization in developing nations, driven by burgeoning populations and increased industrialization, has elevated overall energy demand. The immense strain placed on antiquated, low-capacity components in existing power grids results in overloads and subsequent grid failures, culminating in blackouts and power interruptions. Consequently, to surmount power scarcity and outages, industrial consumers are progressively embracing it for uninterrupted power provision. Industries are increasingly adopting backup generators for various applications necessitating seamless operations. The growing incidence of power grid failures is poised to augment market expansion in the foreseeable future.

Key Market Trends

The incorporation of bi-fuel technology in this is a key trend shaping the market growth. Fuel costs constitute a significant portion of generator operational expenses, and their volatility in the past decade is primarily due to fluctuating oil and gas prices tied to supply and demand dynamics. Gas generators, with lower power output capacity compared to high-capacity diesel generators, sometimes fall short of meeting the needs of large-scale users.

Large diesel generators, while capable of meeting these demands, are challenged by price fluctuations in diesel fuel. To address this, many suppliers now offer engines that can run on both diesel and compressed natural gas (CNG). Technological advancements have led to bi-fuel engines, which maintain diesel-like performance while running on a mix of diesel and CNG, offering cost-effective and reliable operation. This shift is expected to boost the global generator market as it allows for a significant reduction in fuel expenses, potentially up to 70%.

Major Market Challenge

The rising adoption of green energy technologies is a key challenge hindering the growth of the market. During operation, this release carbon dioxide. The amount of power consumed by manufacturing facilities can help in determining carbon emissions. The manufacturing plants that use coal-generated electricity emit more carbon than others, such as renewable energy sources.

Many large organizations are expanding their business with the development of new buildings. The installation of efficient power management systems with monitoring features will aid in reducing power consumption and carbon emissions in these facilities. On average, the manufacturing facilities in the US account for a significant amount of carbon footprint per year, which is high compared with many other countries. With growing awareness about this harmful emission, many organizations have initiated using green energy or renewable energy. Moreover, favorable government initiatives in the adoption of renewable energy will hinder the market's growth during the forecast period.

Generator Market Segmentation

By Type Analysis

The market share growth by the stationary segment will be significant during the forecast period. Stationary generators in the low-capacity range are mostly used in small facilities where the total load is not much and the time duration for which it operates is not long. The principal advantages are that they are priced cheaper, do not require much space compared with stationary generators with high-power ratings, and fulfill most energy requirements.

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The stationary segment was valued at USD 24,333.40 million in 2017 and continued to grow until 2021. To maintain uninterrupted business operations during a power outage, backup generators are necessary within industrial buildings. Critical equipment such as communication equipment, advanced lifeline equipment, operation theaters, and automated monitoring systems, along with safety systems such as fire suppression systems, relief valves, system monitoring, and necessary alarms, can run on backup power to ensure normalcy before utility grid supply is available. Therefore, these benefits encourage end-users to depend on stationary generators. Hence, factors like these will boost the growth of the market during the forecast period.

By End-User Analysis

Based on end-users, industrial segment holds the largest market share. These are widely adopted as an auxiliary power source across various industrial sectors, including construction, mining, chemical manufacturing, and semiconductor fabrication. With rapid industrialization happening globally and especially in developing countries, such as China, Brazil, and India, the need for an uninterrupted power supply has become of paramount importance. This segment is expected to be more inclined toward the use of gas generators during the forecast period on account of the various environmental regulations imposed on the use of diesel in engines and generators.  Extensive construction activities and increased spending on the same worldwide are expected to drive the market.

Market Regional Insights

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APAC is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Developing countries in APAC such as India, China, and South Korea are registering rapid industrialization and urbanization. The population in this region is also increasing at a higher rate than that of the developed countries. Therefore, electricity demand is increasing due to the ever-rising population. Furthermore, poor power infrastructure in Asian countries causes power outages, which also increases the demand for power backup.

Moreover, the growth of the market in APAC can be attributed to the increasing demand from the residential, commercial, and several small-scale industries. Due to power shortages and lack of access to the grid, backup power sources have become a necessity in the region. Some of the major markets in APAC are China, India, Bangladesh, Indonesia, and Australia, where the demand is high. Therefore, the market in the region is expected to register tremendous growth during the forecast period.

In 2020, the market in APAC witnessed certain challenges due to the outbreak of COVID-19.  However, with the sudden rise of shift-making hospitals and the increased need for uninterrupted power supply from healthcare facilities, the market registered steady demand in 2020. Moreover, the reopening of the production unit and the restructured supply chain, along with rescheduled construction activities since 2021, boosted the growth of the market. Furthermore, the flourishing industrial sector in the region is also anticipated to augment the growth of the regional market during the forecast period.

Major Generator Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Global.honda- The company offers such as EU70is, EU30is, EU30i.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

ABB Ltd., AKSA Power Generation, Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Cooper Corp. Pvt. Ltd., Cummins Inc., Doosan Corp., Eaton Corp. Plc, Generac Holdings Inc., General Electric Co., Honda Motor Co. Ltd., Kirloskar Oil Engines Ltd., Kohler Co., Kubota Corp., Mitsubishi Heavy Industries Ltd., Multiquip Inc., PR INDUSTRIAL Srl, Siemens AG, and Yamaha Motor Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Stationary
    • Portable
  • End-user Outlook (USD Million, 2017 - 2027)
    • Industrial
    • Commercial
    • Residential
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Generator Market Scope

Report Coverage

Details

Regional analysis

APAC, Europe, Middle East and Africa, North America, and South America

Performing market contribution

APAC at 44%

Key countries

US, Nigeria, China, India, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., AKSA Power Generation, Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Cooper Corp. Pvt. Ltd., Cummins Inc., Doosan Corp., Eaton Corp. Plc, Generac Holdings Inc., General Electric Co., Honda Motor Co. Ltd., Kirloskar Oil Engines Ltd., Kohler Co., Kubota Corp., Mitsubishi Heavy Industries Ltd., Multiquip Inc., PR INDUSTRIAL Srl, Siemens AG, and Yamaha Motor Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

What are the Key Data Covered in the Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, Middle East and Africa, North America, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global generator market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global generator market 2017 - 2021 ($ million)
    • 4.2 Types Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Types Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Stationary - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Stationary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Stationary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Stationary - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Stationary - Year-over-year growth 2022-2027 (%)
    • 6.4 Portable - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Portable - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Portable - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Portable - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Portable - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 45: Chart on Comparison by End-user
      • Exhibit 46: Data Table on Comparison by End-user
    • 7.3 Industrial - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 7.4 Commercial - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 7.5 Residential - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 59: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.6 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 India - Market size and forecast 2022-2027
      • Exhibit 89: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.10 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.11 Nigeria - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Nigeria - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Nigeria - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Nigeria - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Nigeria - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Atlas Copco AB
              • Exhibit 112: Atlas Copco AB - Overview
              • Exhibit 113: Atlas Copco AB - Business segments
              • Exhibit 114: Atlas Copco AB - Key news
              • Exhibit 115: Atlas Copco AB - Key offerings
              • Exhibit 116: Atlas Copco AB - Segment focus
            • 12.4 Briggs and Stratton LLC
              • Exhibit 117: Briggs and Stratton LLC - Overview
              • Exhibit 118: Briggs and Stratton LLC - Product / Service
              • Exhibit 119: Briggs and Stratton LLC - Key offerings
            • 12.5 Caterpillar Inc.
              • Exhibit 120: Caterpillar Inc. - Overview
              • Exhibit 121: Caterpillar Inc. - Business segments
              • Exhibit 122: Caterpillar Inc. - Key offerings
              • Exhibit 123: Caterpillar Inc. - Segment focus
            • 12.6 Cooper Corp. Pvt. Ltd.
              • Exhibit 124: Cooper Corp. Pvt. Ltd. - Overview
              • Exhibit 125: Cooper Corp. Pvt. Ltd. - Product / Service
              • Exhibit 126: Cooper Corp. Pvt. Ltd. - Key offerings
            • 12.7 Cummins Inc.
              • Exhibit 127: Cummins Inc. - Overview
              • Exhibit 128: Cummins Inc. - Business segments
              • Exhibit 129: Cummins Inc. - Key offerings
              • Exhibit 130: Cummins Inc. - Segment focus
            • 12.8 Doosan Corp.
              • Exhibit 131: Doosan Corp. - Overview
              • Exhibit 132: Doosan Corp. - Business segments
              • Exhibit 133: Doosan Corp. - Key news
              • Exhibit 134: Doosan Corp. - Key offerings
              • Exhibit 135: Doosan Corp. - Segment focus
            • 12.9 Eaton Corp. Plc
              • Exhibit 136: Eaton Corp. Plc - Overview
              • Exhibit 137: Eaton Corp. Plc - Business segments
              • Exhibit 138: Eaton Corp. Plc - Key news
              • Exhibit 139: Eaton Corp. Plc - Key offerings
              • Exhibit 140: Eaton Corp. Plc - Segment focus
            • 12.10 Generac Holdings Inc.
              • Exhibit 141: Generac Holdings Inc. - Overview
              • Exhibit 142: Generac Holdings Inc. - Business segments
              • Exhibit 143: Generac Holdings Inc. - Key news
              • Exhibit 144: Generac Holdings Inc. - Key offerings
              • Exhibit 145: Generac Holdings Inc. - Segment focus
            • 12.11 General Electric Co.
              • Exhibit 146: General Electric Co. - Overview
              • Exhibit 147: General Electric Co. - Business segments
              • Exhibit 148: General Electric Co. - Key news
              • Exhibit 149: General Electric Co. - Key offerings
              • Exhibit 150: General Electric Co. - Segment focus
            • 12.12 Honda Motor Co. Ltd.
              • Exhibit 151: Honda Motor Co. Ltd. - Overview
              • Exhibit 152: Honda Motor Co. Ltd. - Business segments
              • Exhibit 153: Honda Motor Co. Ltd. - Key news
              • Exhibit 154: Honda Motor Co. Ltd. - Key offerings
              • Exhibit 155: Honda Motor Co. Ltd. - Segment focus
            • 12.13 Kirloskar Oil Engines Ltd.
              • Exhibit 156: Kirloskar Oil Engines Ltd. - Overview
              • Exhibit 157: Kirloskar Oil Engines Ltd. - Product / Service
              • Exhibit 158: Kirloskar Oil Engines Ltd. - Key offerings
            • 12.14 Kohler Co.
              • Exhibit 159: Kohler Co. - Overview
              • Exhibit 160: Kohler Co. - Product / Service
              • Exhibit 161: Kohler Co. - Key news
              • Exhibit 162: Kohler Co. - Key offerings
            • 12.15 Kubota Corp.
              • Exhibit 163: Kubota Corp. - Overview
              • Exhibit 164: Kubota Corp. - Business segments
              • Exhibit 165: Kubota Corp. - Key news
              • Exhibit 166: Kubota Corp. - Key offerings
              • Exhibit 167: Kubota Corp. - Segment focus
            • 12.16 Mitsubishi Heavy Industries Ltd.
              • Exhibit 168: Mitsubishi Heavy Industries Ltd. - Overview
              • Exhibit 169: Mitsubishi Heavy Industries Ltd. - Business segments
              • Exhibit 170: Mitsubishi Heavy Industries Ltd. - Key news
              • Exhibit 171: Mitsubishi Heavy Industries Ltd. - Key offerings
              • Exhibit 172: Mitsubishi Heavy Industries Ltd. - Segment focus
            • 12.17 Yamaha Motor Co. Ltd.
              • Exhibit 173: Yamaha Motor Co. Ltd. - Overview
              • Exhibit 174: Yamaha Motor Co. Ltd. - Business segments
              • Exhibit 175: Yamaha Motor Co. Ltd. - Key news
              • Exhibit 176: Yamaha Motor Co. Ltd. - Key offerings
              • Exhibit 177: Yamaha Motor Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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