Generators Procurement Research – Market Trends and Spend Analysis by SpendEdge

LONDON–(BUSINESS WIRE)–#generators–Global procurement intelligence advisory firm, SpendEdge,
has announced the release of their 'Generators
Market Procurement Research Report.' The insights and data in
this report provide a strategic analysis of the supply markets, factors
influencing purchasing decisions, procurement best practices, pricing
models, supplier landscape, and an analysis of the supplier capability
matrix for the heavy
industry. This report breaks down the data and analysis behind
the procurement of generators and acts as an all-inclusive guide for
making smart purchasing decisions.

"Leading suppliers in the global generators market are increasingly
focusing on differentiating their product and service offerings from
competitors through the development of products with features such as
remote monitoring, digital control, and monitoring systems," says
SpendEdge procurement analyst Tridib Bora. "APAC is expected to dominate
this market space due to factors such as rapid industrial development,
the growth of IT and healthcare sectors, and shift of manufacturing
firms from developed countries to APAC," added Tridib.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global
Generators Market:

• The growing demand for gas generators
• Increased investments in after-sales support and consumer experience
  creation by suppliers
• Rise in demand for bi-fuel generators

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The growing demand for gas generators:

Increasing consumer awareness about emission regulations has
significantly affected the sale of diesel generators and have increased
the demand for gas generators. Moreover, the availability of low-cost
shale gas has prompted large commercial consumers to adopt gas
generators over diesel generators. Diesel generators make more noise and
pollution compared with gas generators, thereby making it unsuitable for
commercial applications. Also, the high demand for gas generators helps
to reduce environmental pollution.

Increased investments in after-sales support and consumer experience
creation by suppliers:

Prominent suppliers in the global generators market are increasingly
investing in after-sales support activities such as service centers,
remote diagnosis, onsite repair, and dedicated customer support centers.
Such enhancements of after-sale services help suppliers to differentiate
their product offerings from competitors. Also, on-time preventive
maintenance of equipment reduces the chance of recurrent generator
breakdown.

The rise in demand for bi-fuel generators:

Bi-fuel generators can produce energy using both diesel and gas. They
have high reliability, less pollution, and less operating costs. Also,
bi-fuel generators provide end-users the benefits of both diesel and
gasoline while minimizing the disadvantages of these fuels. Bio-fuel
generators are highly reliable and less vulnerable to disruptions as
they can switch between fuels without any loss of power.

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for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
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Contacts

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
[email protected]