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According to the new market research report by MarketsandMarkets™, the "Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 5-10 kW, 10-20 kW), End User (Residential, Commercial, Industrial), and Region - Global Forecast to 2026", is projected to reach USD 2.5 billion by 2026 from an estimated USD 1.8 billion in 2021, at a CAGR of 6.7% during the forecast period. Increasing instances of power outages owing to aging grid infrastructure and extreme weather conditions are the key factors driving the growth of the Portable Generator Market. Increasing adoption of dual fuel and inverter portable generators are expected to offer lucrative opportunities for the Portable Generator Market during the forecast period.

According to the new marke research report, The portable generator market is projected to reach USD 2.5 billion by 2026 from an estimated USD 1.8 billion in 2021, at a CAGR of 6.7% during the forecast period. Increasing instances of power outages owing to aging grid infrastructure and extreme weather conditions are the key factors driving the growth of the portable generator market. Increasing adoption of dual fuel and inverter portable generators are expected to offer lucrative opportunities for the portable generator market during the forecast period.

The portable generator market is expected to grow from an estimated USD 1.8 billion in 2021 to USD 2.5 billion by 2026, at a CAGR of 6.7% during the forecast period. Frequent power outages due to weather and aging grids are the main drivers for the portable generator market. Increasing adoption of dual fuel and inverter portable generators are expected to offer lucrative opportunities for the portable generator market during the forecast period.

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The biomass power generation delivers electricity from power plants to homes and businesses nationwide. The growing demand for renewable electricity, implementation of strict pollution control laws, and rising consumer preference for cleaner fuels have contributed to the market growth in the region. In accordance with the global trend toward biomass as a clean energy transition fuel, investments are growing in new biomass power generation technologies for large-scale power generation and transportation fuels. According to a new market research report, the global biomass power generation market is projected to reach USD 105.7 billion by 2028 from an estimated USD 91.3 billion in 2023, at a CAGR of 3.0% during the forecast period.

A generator is often defined as a device or system that converts mechanical energy, usually via a spinning shaft, to electrical energy. This technique is based on the electromagnetic induction principle, which states that a changing magnetic field causes an electric current to flow through a conductor. Generators are widely utilized in a variety of applications, including power plants, wind turbines, hydroelectric dams, and portable generators for backup power. They play an important role in providing electricity for both household and industrial use. According to a new market research report, the global generator market is projected to reach USD 34.5 billion by 2030 from an estimated USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period.

The generator market has been experiencing significant growth in recent years, and this trend is expected to continue in the coming decade. According to market research, the generator market size was valued at $23.1 billion in 2023 and is projected to reach $34.5 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. One of the primary drivers of the generator industry is the growing demand for dependable and uninterrupted power supply across a variety of sectors. Generators serve an important role in providing backup power during emergencies or power outages, allowing key operations to continue uninterrupted. This is especially critical in industries like healthcare, manufacturing, data centers, and telecommunications, where even a short power loss can have serious effects.

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This report focuses on the global Next Generation Memory Technologies status, future forecast, growth opportunity, key market and key players. The next-generation memory NGM Market is expected to reach from 2.35 Billion in 2017 to USD 9.63 Billion by 2023, at a CAGR of 26.5% between 2017 and 2023

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The transmission sales market is expected to grow from an estimated market size of USD 15.2 billion in 2019 to USD 18.7 billion by 2024, registering a CAGR of 4.2% from 2019 to 2024. The transmission sales market is witnessing significant growth, which is driven by the growing shale gas production activities. Browse 70 market data Tables and 45 Figures spread through 135 Pages and in-depth TOC on "Transmission Sales Market - Global Forecasts to 2024" Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=202008040 Based on type, the reciprocating segment is expected to hold the largest share of the market The reciprocating segment is expected to dominate the transmission sales market during the forecast period. Applications of a reciprocating compressor include oil refineries, gas pipelines, chemical plants, natural gas processing plants, and refrigeration plants. These compressors are used in the oil & gas industry for compressing the gas for the main transmission through gas pipelines. This has helped the reciprocating segment to acquire the largest share in the transmission sales market. Power generation is expected to be the fastest segment of the transmission sales market during the forecast period The transmission sales market in this report has been classified based on end-user into oil & gas, power generation, water & wastewater management, and others. Power generation plants require compressors for gas turbine power plants, ash conveying, and fly ash handling, ensuring highest efficiency and operating reliability. The rising demand for power is triggering the need for additional power generation. This, coupled with the need to replace and modernize existing power plants, has resulted in the extensive use of gas turbine power plants. Compressors are used to maintain pipeline pressure in the power generation sector. Moreover, retrofit and modernization projects in Europe and North America are likely to boost the power

The portable generator market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.8 billion in 2021 (estimated year), at a CAGR of 6.7% during the forecast period. Need for backup power during blackouts is one of the key factors driving the growth of the portable generator market. Increase in adoption of dual fuel and inverter generator to offer lucrative opportunities for the portable generator market during the forecast period.

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