Global Electric Motor And Generator Market

The motor vehicle body, stamped metal, & other parts market consists of sales of motor vehicle bodies, stamped motor vehicle metals, & other motor vehicle parts and related services by entities (organizations, sole traders, and partnerships) that produce motor vehicle stampings, such as fenders, tops, body parts, trim, and moldings or produce and/or rebuild motor vehicle parts and accessories (except motor vehicle gasoline engines and engine parts, motor vehicle electrical and electronic equipment, motor vehicle steering and suspension components, motor vehicle brake systems, motor vehicle transmissions, and power train parts, motor vehicle seating and interior trim, and motor vehicle stampings). The main types in the motor vehicle body, are stamped metal, & other parts of the motor vehicle body, stamped metal, other parts. Stamped metal refers to metal stamping Is utilized in auto parts manufacturing, it is a cost-effective fast, and versatile manufacturing method. The various applications include passenger vehicles, commercial vehicles. These are used OEM, aftermarket. The global motor vehicle body, stamped metal & other parts market size is expected to grow from $1,213.62 billion in 2021 to $1,332.74 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The global motor vehicle parts market is expected to grow to $1,860.64 billion in 2026 at a CAGR of 8.7%. Advances in technology are expected to be a continued driver of market growth in the forecast period. The motor vehicle body, metal stamping & other parts industry has experienced many technological advances in the last decade and this trend is expected to intensify. According to Forbes, the ten new features to expect in vehicles by 2020 include autonomous driving, driver override systems, biometric vehicle access, comprehensive vehicle tracking, active window displays, remote vehicle shutdown, active health monitoring, four-cylinder supercars, smart and personalized in-car marketing and reconfigurable body panels. These innovations are expected to drive the motor vehicle body, metal stamping & other parts market during the forecast period. The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the motor vehicle body, metal stamping & other parts market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Transportation manufacturers depend heavily on the supply of parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and components. Also, sales of new automobiles decreased significantly due to a decline in consumer demand as many countries impose lockdowns. The outbreak continued to hurt businesses throughout 2020 and into 2021. However, it is expected that the motor vehicle body, metal stamping & other parts market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Motor vehicle parts manufacturers are using IoT to reduce unscheduled downtimes, thereby increasing operational efficiency. IoT is a system of "connected devices" with the ability to collect and exchange data over a network without any human intervention and assistance. IoT helps motor vehicle parts manufacturers to increase their efficiency by providing real-time information about production processes. In addition, IoT can be used by automobile parts manufacturers to obtain wear and tear data that can prevent equipment failures. For instance, German car parts maker Robert Bosch signed an agreement with software company SAP to connect its manufacturing machinery, tools, and vehicles to SAP's back-end software. This IoT technology uses SAP's real-time database HANA to monitor and support the production of automobile parts. The global automotive IoT market is expected to reach 106.32 billion by 2023. According to IDC and SAP, 60 % of global manufacturers use analytics data tracked from IoT-connected devices to analyze the manufacturing processes. Major companies in the motor vehicle body, stamped metal, & other parts market include General Motors Co, Tenneco Inc, Magna International Inc, Lear Corp, Faurecia SA, Continental AG, Mitsubishi Motors Corp, Plastic Omnium SA, Autoliv Inc, and Aisin Seiki Co ltd. Asia Pacific was the largest region in the motor vehicle body, stamped metal, & other parts market in 2021. Western Europe was the second largest market in the global motor vehicle body, stamped metal & other parts market. The regions covered in the global motor vehicle body, stamped metal and other parts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa. The countries covered in motor vehicle body, stamped metal, & other parts market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global motor vehicle body, stamped metal & other parts market is segmented - 1) By Type: Motor Vehicle Body, Stamped Metal, Other Parts 2) By Application: Passenger Vehicle, Commercial Vehicle 3) By End-Use: OEM, Aftermarket

The motor vehicle electrical & electronic equipment, steering, suspension, & interiors market consists of sales of motor vehicle electrical & electronic equipment, steering, suspension, & interiors, and related services by entities (organizations, sole traders, and partnerships) that produce and/or rebuild electrical and electronic equipment for motor vehicles and internal combustion engines, motor vehicle steering mechanisms and suspension components or motor vehicle seating, seats, seat frames, seat belts, and interior trimmings. The main types in motor vehicle electrical & electronic equipment, steering, suspension, & interiors market are motor vehicle electrical and electronic equipment, motor vehicle steering and suspension components (except spring), motor vehicle seating, and interior trim. The motor vehicle's electrical and electronic equipment refers to the electronic equipment parts of the motor vehicle. The various applications include passenger vehicles, commercial vehicles. These are used in OEM, aftermarket. The global motor vehicle electrical & electronic equipment, steering suspension, & interiors market size is expected to grow from $407.12 billion in 2021 to $454.54 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The global motor vehicle electrical & electronic equipment, steering suspension, and interiors market size is expected to grow to $684.9 billion in 2026 at a CAGR of 10.8%. Advances in technology are expected to be a continued driver of motor vehicle electrical & electronic equipment, steering suspension, & interiors market growth in the forecast period. The global transport manufacturing industry has experienced many technological advances in the last decade and this trend is expected to intensify. According to Forbes, the ten new features to expect in vehicles by 2020 include autonomous driving, driver override systems, biometric vehicle access, comprehensive vehicle tracking, active window displays, remote vehicle shutdown, active health monitoring, four-cylinder supercars, smart and personalized in-car marketing and reconfigurable body panels. These innovations are expected to drive the motor vehicle electrical & electronic equipment, steering suspension, & interiors market during the forecast period. The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the motor vehicle electrical & Electronic equipment, steering suspension& interiors market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Transportation manufacturers depend heavily on the supply of parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and components. Also, sales of new automobiles decreased significantly due to a decline in consumer demand as many countries impose lockdowns. The outbreak continued to hurt businesses throughout 2020 and into 2021. However, it is expected that the motor vehicle electrical & Electronic equipment, steering suspension& interiors market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. The demand for electric vehicles is increasing rapidly and this is expected to disrupt the automotive value chain. Engines of electric vehicles are less complicated than their gasoline counterparts, thus requiring fewer replacement parts over the lifetime of a car. Electrification of cars also means that components such as air-conditioning units, water pumps, brakes, and steering systems will need to be adapted and designed to meet the requirements of electric cars. Since electric vehicles are manufactured with one-third the number of internal combustion engine (ICE) cars’ components, less collaboration will be required between the automaker and parts suppliers. This will decrease vehicle-to-component calibration, thus allowing parts suppliers to develop products with more autonomy. According to a report by EY firm, electric vehicles transformation in India may affect existing automobile spare part sales as EVs are built with 20 moving parts while vehicles equipped with internal combustion engines have around 200 spare parts. Major companies in the motor vehicle electrical & electronic equipment, steering, suspension, & interiors market include Denso Corp, Fiat Chrysler Automobiles NV, SAIC Motor Co ltd, Adient plc, Peugeot, Toyota Boshoku Corporation, Continental AG, Aptiv plc, Magna International Inc, and Valeo SA. Asia Pacific was the largest region in the motor vehicle electrical & electronic equipment, steering, suspension, & interiors market in 2021. North America was the second largest market in the global motor vehicle electrical & electronic equipment, steering suspension, & interiors market. The regions covered in the global motor vehicle electronic equipment, steering suspension, & interiors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa. The countries covered in motor vehicle electrical & electronic equipment, steering, suspension, & interiors market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global motor vehicle electrical & electronic equipment, steering suspension, & interiors market is segmented - 1) By Type: Motor Vehicle Electrical and Electronic Equipment, Motor Vehicle Steering and Suspension Components (except Spring), Motor Vehicle Seating and Interior Trim 2) By Application: Passenger Vehicle, Commercial Vehicle 3) By End-Use: OEM, Aftermarket

The automotive micro motor market consists of sales of automotive micro motors by entities (organizations, sole traders, and partnerships), that are used in the automotive industry to convert electrical energy into mechanical energy. Automotive micro motors are compact, lightweight, and simple to operate motors with low power consumption and little electromagnetic interference and hence are ideal for usage in small, complicated locations with limited power budgets, such as modern electrical and electronic systems. Automotive micro motors are used for mirror controls, electronic climate control, seat adjustments, windows and car door locks, electric pumps, and automatic antenna parts assembly and others in automobiles. The different types of automotive micro motors include AC micro motor and DC micro motor. AC micro motor converts electrical energy into mechanical energy using alternating current. These motors are efficient, durable, quiet and flexible, and are hence used for many power generation needs. The automotive micro motors power consumption types include 48V, 25V-48V, 12V-24V and less than 11V. The automotive micro motors technologies include brushed and brushless for applications in passenger vehicle and commercial vehicle. The global automotive micro motor market size is expected to grow from $2.60 billion in 2021 to $2.69 billion in 2022 at a compound annual growth rate (CAGR) of 3.78%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive micro motor market size is expected to reach $3.11 billion in 2026 at a CAGR of 3.69%. The increasing demand for luxury cars is expected to propel the growth of the automotive micro motor market. Automotive micro motors serve a critical role in the system that allows components such as electric sunroofs, environment purification, power antennae and other advanced features to operate. The growing demand for luxury cars is expected to increase demand for micro motors. For instance, German luxury car company, Audi, reported a two-fold increase in retail sales in India in 2021, from 1,639 units in 2020 to 3,293 units in 2021. Another German luxury vehicles company, Mercedes-Benz India sold 4,101 units in the 2021 July-September quarter, up from 2,060 units in the same quarter of 2020. Therefore, the rising demand for luxury automobiles is expected to drive the automotive micro motors market. Strategic collaborations between companies are a key trend gaining popularity in the automotive micro motor Market. Companies manufacturing micro motors are undergoing partnerships and collaboration to develop new technologies and products. For instance, in November 2019, Denso Corporation, a Japanese-based global provider of advanced automotive technology, systems, and solutions, and Asmo North Carolina Inc, an American-based automotive micro motor components manufacturer formed a strategic partnership to speed up the development of motor innovations for North American customers by combining ASMO's micro motor strengths with Denso's expertise in big, high-power motors. In June 2020 Maxim Integrated, a subsidiary of US based Analogue devices, which designs, manufactures, and sells analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets acquired Trinamic for an undisclosed amount. With this acquisition, Maxim Integrated will have access to Trinamic’s robust portfolio of stepper, brushless, and brushed DC motor products. Trinamic is a Germany based company operating in automotive micro motors that manufactures all kinds of electric motors and motion control devices. Major players in the automotive micro motor market are ABB, Buhler Motor Gmbh, Constart Micro Motor, Johnson Electric, Nidec Corporation, Robert Bosch, Denso, Mabuchi Motors, Asmo, Brose, Mahle, Panasonic, Shihlin Electric, IFB Automotive Private Limited, Maxon Motor and Constar Micromotor Co. Ltd Asia Pacific was the largest region in the automotive micro motor market in 2021. The regions covered in the global automotive micro motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive micro motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global automotive micro motor market is segmented - 1) By Type: AC Micro Motor, DC Micro Motor 2) By Power Consumption: 48V, 25V-48V, 12V-24V, Less than 11V 3) By Technology: Brushed, Brushless 4) By Application: Passenger Vehicle, Commercial Vehicle

The digital servo press market consists of sales of digital servo press machines by entities (organizations, sole traders, and partnerships) that are used to make metal sheets with low formability. The digital servo press machine includes signal amplifiers, active motor cooling, controller, and software. It is powered by the servo motor or by a gearbox. It is also used for deeper drawing or difficult drawing. The main motor types in digital servo press are continuous rotation, linear rotation, and positional rotation. Continuous rotation servo motor can rotate in any direction indefinitely. These motors are commonly used in radar dishes. The machine comes with various force ranges such as less than 100KN, 100kn-200KN, more than 200KN and is used in different applications including automotive, electronics, aerospace, others. The global digital servo press market size is expected to grow from $1.94 billion in 2021 to $2.24 billion in 2022 at a compound annual growth rate (CAGR) of 15.5%. The global digital servo press market is then expected to grow to $3.54 billion in 2026 at a CAGR of 12.1%. The increasing demand from the automotive industry is significantly contributing to the growth of the digital servo press market. The automotive industry includes the companies involved in designing and manufacturing motor vehicles and their components such as bodies and engines. In the automobile sector, digital servo press machines are utilized in the high-volume manufacture and assembly of vehicle parts. For instance, according to the India Brand Equity Foundation, domestic automobile production reached 26.36 million units in 2020, with a 2.36% compound annual growth rate. Furthermore, according to LMC Automotive, an automotive industry information provider, globally over 111 million cars are expected to be sold by 2032. Therefore, the increase in demand from the automotive industry is driving the growth of the digital servo press market. Product innovations are shaping the digital servo press market. Major players in the digital servo press sector are focusing on product advancements to build more energy-efficient and high-speed digital servo press machines. For instance, in May 2021, AIDA Engineering Ltd., a Japan-based machine manufacturing company introduced a new 4000 kN 2-point servo press with an artificial intelligence learning feature that autonomously diagnoses the press's condition. Its key characteristics include greater speed, which, when paired with AIDA's factory automation, increases the press's overall productivity. In April 2020, AIDA Engineering Ltd., a Japan-based machine manufacturing company that provides servo press machines merged with Access Ltd for an undisclosed amount. With this merger deal, AIDA Engineering Ltd aimed to expand and strengthen its core businesses including the press business of factory automation products. Access Ltd. is a Japan-based technology company. Major players in the digital servo press market are JANOME Corporation, Promess Incorporated, Kistler Instruments India Pvt. Ltd., SINTOKOGIO Ltd, C&M Robotics Co. Ltd., AIDA Engineering Ltd., TOX PRESSOTECHNIK Ltd., THK Co. Ltd., IAI America Inc., FEC Ltd., Sanyo Machine Works Ltd., Stamtec Inc, Dai-ichi Dentsu Ltd., CORETEC Inc., and AMADA Press System Co. Ltd. Asia Pacific was the largest region in the digital servo press market in 2021. Asia Pacific is expected to be the fastest-growing region in the global digital servo press market during the forecast period. The regions covered in the global digital servo press market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the digital servo press market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global digital servo press market is segmented - 1) By Motor Type: Continuous Rotation, Linear Rotation, Positional Rotation 2) By Force Range: Less than 100KN, 100KN-200KN, More than 200KN 3) By Application: Automotive, Electronics, Aerospace, Others

The hydrogen generators market consists of sales of hydrogen generators by entities (organizations, sole traders, and partnerships) that produce hydrogen from water using an electrolysis process. A proton exchange membrane (PEM) is used in a hydrogen generator to produce high-quality hydrogen gas from water. Hydrogen generators can be either hydrogen-powered or hydrogen-producing machines. The main types of products in hydrogen generators are onsite and portable. The onsite hydrogen generators allow for easy installation and fast start-up with unattended operation. The different processes used in the hydrogen generator are steam reforming, electrolysis, others and operate in various capacities such as less than 300 W, 300 W to 1 KW, more than 1 KW. The hydrogen generators are used in chemical processing, fuel cells, petroleum recovery, refining, and others. The global hydrogen generators market size is expected to grow from $1.05 billion in 2021 to $1.13 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hydrogen generator market is expected to reach $1.40 billion in 2026 at a CAGR of 5.5%. Government regulations over greenhouse gas emissions are expected to propel the growth of the hydrogen generators market going forward. Global greenhouse gas emissions are increasing, mainly due to fossil fuel consumption and industrialization. Hydrogen generators are being developed by major companies because they produce hydrogen by electrolysis, which produces zero greenhouse gas emissions. For instance, according to the United States Environmental Protection Agency, in 2019, U.S. greenhouse gas emissions summed up to 6,558 million metric tons of carbon dioxide equivalents, or 5,769 million metric tons of carbon dioxide equivalents after accounting for sequestration from the land sector. The enormous increase in the emission of carbon dioxide constituted 80% alone in the United States. Hence, Government and environmental organizations are strengthening regulations to control greenhouse gas emissions which drives the hydrogen generators market. Large-scale investments in research and development are shaping the hydrogen generators market. Individual companies from different industries are increasingly focused on incorporating hydrogen into their long-term strategies, and the market has seen a range of joint venture (JV) collaborations across all industries. For instance, according to Sullivan & Cromwell, a US-based law company report in 2020, funding for hydrogen technology research and pilot projects has increased significantly in the past five years, especially in Europe and Asia. The EU is expected to implement an ambitious hydrogen research program through its “Horizon Europe” initiative and the “European Partnership” for hydrogen research to address "market failure for first-movers". These initiatives can lower the barriers to entry for first-mover companies and support the expansion efforts of vehicle manufacturers and infrastructure developers. In addition, for larger-scale generation, turbine makers Mitsubishi and Ansaldo are working on hydrogen-powered turbines, and Siemens has committed to making all of its gas turbines hydrogen-powered by 2030. In January 2019, Air Liquide, a France-based industrial gases company acquired Hydrogenics Corporation for $20.5 million. This acquisition allows the Air Liquide company to confirm its long-term commitment to the hydrogen energy markets, as well as its ambition to become a major player in the supply of carbon-free hydrogen, particularly in the industrial and mobility sectors. Hydrogenics Corporation is a Canada-based developer and manufacturer of hydrogen generation and fuel cell systems based on proton exchange membrane and water electrolysis technology. Major players in the hydrogen generators market are Epoch Energy Technology Corporation, Air Products and Chemicals Inc., Ideroenergy, Proton OnSite, Hy9 Corporation, Air Liquide, McPhy Energy SAS, Praxair Technology, Nel ASA, Suzhou Jingli, Deokyang Co. Ltd., Nuvera Fuel Cells LLC, MVS Engineering Pvt. Ltd, Teledyne and Helbio S.A. North America was the largest region in the hydrogen generators market in 2021. The regions covered in the hydrogen generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hydrogen generators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global hydrogen generators market is segmented - 1) By Product Type: Onsite, Portable 2) By Process: Steam Reforming, Electrolysis, Others 3) By Capacity: Less than 300 W, 300W - 1 KW, More than 1 KW 4) By Application: Chemical Processing, Fuel Cells, Petroleum Recovery, Refining, Others

The power generator manufacturing market consists of sales of generators which are machines that convert mechanical energy into electrical energy for applications in external circuits. A generator uses mechanical energy such as steam, gas, water to convert it into electrical energy for an uninterrupted power supply. The main types of power generator manufacturing market are the gas generator, diesel generator, CKD generator. The gas generator is an apparatus for generating gas. The capacity used is below 75kva, 75-375 kva, 375-750 kva, above 750 kva. The applications are standby, peak shaving, continuous. The various end-users are mining, oil & gas, construction, residential, marine, manufacturing, pharmaceuticals, commercial, and others. The global power generators market size is expected to grow from $17.67 billion in 2021 to $19.72 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The power generator market is expected to reach $26.65 billion in 2026 at a CAGR of 7.8%. The generator manufacturing market covered in this report is segmented by type into the gas generator, diesel generator, and CKD generator. The generator manufacturing market in this report is segmented by capacity into below 75kva, 75-375 kva, 375-750 kva, and above 750 kva. The generator manufacturing market in this report is segmented by application into standby, peak shaving, and continuous. The generator manufacturing market in this report is segmented by end-user into mining, oil & gas, construction, residential, marine, manufacturing, pharmaceuticals, commercial, and others. Increasing demand from several industries such as mining, oil and gas, and pharmaceuticals is expected to contribute to the growth of the generator manufacturing market in the forecast period. Generators are used as a source of power backup in many industrial activities. However, in cases where grid infrastructure is absent, generators are used as the only source of power. For example, the majority of the mining sites are located in remote locations and require generators for their day-to-day power requirements. For instance, the mining market in India is expected to increase to $126 billion in 2022 at a CAGR of 4.63%. Economic growth in emerging markets is increasing the industrial activity which in turn will drive the market for generators in the forecast period. Government initiatives to promote building and maintaining a robust energy infrastructure will drive the demand for power generation systems which in turn is expected to restrain the market for generators in the forecast period. According to the International Energy Agency (IEA), in 2020, the global electricity industry attracted capital investments at below USD 760 billion in 2019. Asia Pacific investments in renewable energy generation by 2030 will double to $1.3 trillion from the previous decade, dwarfing fossil fuel power expenditures. Pipeline power generation projects in Europe and the Americas were valued at $921 billion and $931 billion, respectively. Governments in both developed and developing countries are focusing on building and maintaining robust energy infrastructure, and it is expected to limit the growth of the generator manufacturing market. Generator manufacturing companies are increasingly manufacturing portable generators. A Portable generator provides electricity by running a gas-powered/diesel-powered engine that turns an on-board alternator to generate electrical power. Rising demand for uninterrupted and reliable power supply is increasing the demand for portable generators. Portable generators offer several advantages such as flexibility and increased ease of use. The global portable generators market is expected to reach $2.5 billion by 2024 growing at a CAGR of 4.1% through 2019. In March 2021, Albion Acquisitions, London-based Private equity acquired Aggreko for the amount of $2.3 billion. This acquisition of Agrreko will deal with I Squared Capital and TDR Capital. Aggreko is a UK-based company that provides rental power, temperature control, and compressed air systems. Major players in the power generator manufacturing market are Aggreko, Atlas Copco, Caterpillar Inc, FG Wilson, Kirloskar Electric Co. Ltd, Cummins Inc, Rolls-Royce, Wärtsilä, Yanmar Co. Ltd, and Briggs & Stratton. The regions covered in the power generators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the power generator manufacturing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global power generators market is segmented - 1) By Type: Gas Generator, Diesel Generator, CKD Generator 2) By Capacity: Below 75 kva, 75-375 kva, 375-750 kva, Above 750 kva 3) By Application: Stand By, Peak Shaving, Continuous 4) By End-User: Mining, Oil and Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Others

The motor vehicle and parts dealers market consists of sales of motor vehicles and parts and related services by entities (organizations, sole traders, and partnerships) that sell automobiles, other motor vehicles, automotive parts, accessories, and tires to ultimate users. The companies in the industry typically operate from showrooms where vehicles and related parts are displayed. The major types of motor vehicle and parts dealers are auto parts and accessories, automobile dealers, and other motor vehicle dealers. A retail establishment that sells, rents, or leases new or used automobiles is referred to as an automobile dealership. The ownership types are retail chain and independent retailer managed through exclusive retailers/showroom and inclusive retailers/dealer store. The global motor vehicle and parts dealers market size is expected to grow from $4,133.97 billion in 2021 to $4,608.47 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The global motor vehicle and parts market size is expected to grow to $6,775.75 billion in 2026 at a CAGR of 10.1%. The motor vehicle and parts dealers are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty, data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for motor vehicle and parts dealers to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the motor vehicle and parts dealers market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the motor vehicle and parts dealers market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Motor vehicle dealers are increasingly offering unique experiences and features to meet customer expectations. Experiential retail refers to a store that offers consumers a chance to buy an experience rather than just an object or service. This trend is driven largely by millennials and their preference for experiences over things. These stores often use technology such as augmented reality and combine traditional elements with mobile apps and activities. For instance, car brand Audi has integrated a virtual reality (VR) experience in their showrooms to attract potential customers. The company designed the VR experience to present its vehicles to potential customers in a more personalized and engaging manner while solving the issue of smaller dealerships being unable to stock more than five cars. Major companies in the motor vehicles and part dealers market include Penske Automotive Group Inc., AutoNation Inc., CarMax Inc., AutoZone Inc., Lithia Motors Inc., O'Reilly Automotive Inc, Group 1 Automotive Inc., Jardine Cycle & Carriage Limited, Advance Auto Parts Inc., and Sonic Automotive Inc. Asia Pacific was the largest region in the motor vehicle and parts dealers market in 2021. North America was the second-largest region in the global motor vehicle and parts dealers market. The regions covered in the global motor vehicle and part dealers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the motor vehicle and part dealers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global motor vehicle and parts dealers market is segmented - 1) By Type: Auto Parts And Accessories, Automobile Dealers, Others 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store

The electric generators market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of electric generators. The market also consists of sales of generators which are machines that convert mechanical energy into electrical energy for applications in external circuits. A generator uses mechanical energy such as steam, gas, water to convert it into electrical energy for uninterrupted power supply. The main types of electric generators are gas generator, diesel generator, and CKD generator. A gas generator is a device which burns gas to generate electricity. Many hardware and home supply stores stock small gas generators, and larger versions are available from specialty companies and electricians who specialize in generator installation, maintenance, and repair. It is also possible to build a custom gas generator for a highly specialized application, such as supplying stable power to a server farm in a blackout. The various capacities of electric generator are below 75kva, 75-375 kva, 375-750 kva, and above 750 kva that are used for stand by, peak shaving, and continuous application. The electric generator are used by mining, oil and gas, construction, residential, marine, manufacturing, pharmaceuticals, commercial, and other end users. The global electric generators market size is expected to grow from $26.15 billion in 2021 to $26.85 billion in 2022 at a compound annual growth rate (CAGR) of 2.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric generator market is expected to reach $27.41 billion in 2026 at a CAGR of 0.5%. Increasing demand from several industries such as mining, oil and gas, and pharmaceuticals is expected to contribute to the growth of the generator manufacturing market in the forecast period. Generators are used as a source of power backup in many industrial activities. However, in cases where grid infrastructure is absent, generators are used as the only source of power. For example, majority of the mining sites are located in remote locations, and require generators for their day-to-day power requirements. For instance, at the end of fiscal year 2020, the growth rate in the production of mining industry across India was about 1.6%. Preliminary data for the fiscal year 2021 indicates a dramatic deacceleration of the mining industry production growth rate. Economic growth in emerging markets is increasing the industrial activity which in turn will drive the market for generators in the forecast period. Government initiatives to promote building and maintaining a robust energy infrastructure will drive the demand for power generation systems which in turn is expected to restrain the market for electric generators in the forecast period. The worldwide pipeline power generation projects are valued US$4.46 trillion in 2019. As of 2019, Asia-Pacific was the leading region with $1.99 trillion worth of investments in pipeline power generation construction projects, followed by the Middle East and Africa with $960 billion each. Pipeline power generation projects in Europe and the Americas were valued at $ 739.5 billion and $852.3 billion, respectively. Governments in both developed and developing countries are focusing on building and maintaining a robust energy infrastructure, and it is expected to limit the growth of the generator manufacturing market. Generator manufacturing companies are increasingly manufacturing portable generators. A Portable generator provides electricity by running a gas-powered/diesel-powered engine that turns an on-board alternator to generate electrical power. Rising demand for uninterrupted and reliable power supply is increasing the demand for portable generators. Portable generators offer several advantages such as flexibility, and increased ease of use. The global portable generators market is expected to reach $2.5 billion by 2024 growing at a CAGR of 4.1% through 2019. In March 2020, NTPC's acquired government stake in THDC India and North Eastern Electric Power Corp. this will help India's largest power-generation utility boost its renewable energy fuel mix and curb the dominance of coal. The state-run power generator signed pacts with federal government to acquire New Delhi's entire stake in the two companies for a total of 115 billion rupees ($1.52 billion US) in cash. The acquisition is part of the federal government's push to raise cash through sale of state-owned assets to meet its disinvestment target of 650 billion rupees ($8.7 billion US) by the end of this fiscal year. The government has so far garnered 348.45 billion rupees ($4.7 billion US). Major players in the electric generators market are Aggreko, Atlas Copco, Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., and Briggs & Stratton. Asia Pacific was the largest region in the electric generator market in 2021. Western Europe was the second-largest region in the electric generators market. The regions covered in the electric generator market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric generator market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global electric generators market is segmented - 1) By Type: Gas Generator, Diesel Generator, CKD Generator 2) By Capacity: Below 75 kva, 75-375 kva, 375-750 kva, Above 750 kva 3) By Application: Stand By, Peak Shaving, Continuous 4) By End-User: Mining, Oil and Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Others