DUBAI, UAE, Sept. 28, 2020
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.
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Power Generator for Military Market - Key Takeaways
Power Generator for Military - Key Trends
Power Generator for Military - Regional Analysis
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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
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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.
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