Major players in the gas generator sets market are Cummins, Briggs & Stratton Corporation, Kohler, Generac Power Systems, Caterpillar, HIMOINSA, Mahindra Powerol, Genmac, Aggreko, Eaton, Champion Power Equipment, Cooper Corp, FIRMAN Power Equipment, Westinghouse Electric Corporation, and DuroMax Power Equipment.

New York, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Gas Generator Sets Global Market Report 2022" - https://www.reportlinker.com/p06318492/?utm_source=GNW The global gas generator sets market is expected to grow from $7.82 billion in 2021 to $8.3 billion in 2022 at a compound annual growth rate (CAGR) of 6.48%. The gas generator sets market is expected to grow to $11.15 billion in 2026 at a compound annual growth rate (CAGR) of 7.57%. The gas generator sets market consists of sales of gas generator sets by entities (organizations, sole traders, and partnerships) that refer to a portable power equipment that consists of a gas engine and an alternator/electric generator.Generator sets are frequently utilized in underdeveloped areas that are not connected to the electricity grid, as well as in situations where power outages are prevalent or, an outage could cause problems. They can be utilized as a primary energy source or as a backup power source, such as during peak usage hours. The main type fuel used in gas generator sets include natural gas, biogas, and others.Natural gas generator set refers to generator sets that use natural gas as fuel. Natural gas generator sets are frequently used in hospitals, nursing homes, and other prominent institutions requiring constant power sources.The power ratings used in gas generator sets include less than 50 kVA, between 51 kVA to 125 kVA, between 126 kVA to 200 kVA, between 201 kVA to 330 kVA, between 331 kVA to 750 kVA, and above 750 kVA. These gas generators are used for standby, peak shaving, and prime/continuous applications in residential, industrial, commercial, power & energy, and other end users. North America was the largest region in the gas generator sets market in 2021.Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gas generator sets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The gas generator sets market research report is one of a series of new reports that provides gas generator sets market statistics, including gas generator sets industry global market size, regional shares, competitors with a gas generator sets market share, detailed gas generator sets market segments, market trends and opportunities, and any further data you may need to thrive in the gas generator sets industry. This gas generator sets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The increasing energy consumption across the globe is driving the gas generator sets market.Rapid growth in socio-economic factors such as population, urbanization, net capital income, and industrial activities in both developed and developing economies have contributed to a rapid surge in consumption of electricity across the globe. The increase in consumption of electricity is expected to boost demand for gas generator sets, as industries, commercial and residential units are investing in portable power units such as gas generators to counter the regular power outages.According to the International Energy Agency (IEA) Electricity Market Report July 2021, global electricity demand is estimated to grow by 5% during 2020-21, and 4% during 2021-22. China and India alone are estimated to account for 9% of global growth. Therefore, the increase in energy consumption across the globe is expected to boost utilization of gas generator sets during forecast period. Strategic partnership is a key trend gaining popularity in the gas generator sets market.Companies operating in gas generator sets market are focusing on entering into strategic partnership with technology players to expand their new product development activities and expand their business reach. For instance, Indraprastha Gas Ltd, a Delhi-based gas distributor entered into strategic partnership with Xpert Gas Equipments Pvt Ltd for conversion of existing diesel-based generator set to gas-based generator sets. In March 2019, Pramac, an Italy-based subsidiary of Generac group and manufacturer of generator sets and lighting towers, acquired a majority stake in Captiva Energy Solutions for an undisclosed amount.With this acquisition, Pramac is focused on expanding its power generation and gas generators business in India. Captiva Energy Solutions is an Indian-based company that manufactures gas generators, diesel generators, control panels, mobile equipment, and material handling equipments. The countries covered in the gas generator sets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. Read the full report: https://www.reportlinker.com/p06318492/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.

Shipping rates have fallen sharply this year as the pandemic-induced scramble for shipping and the resulting spike in costs has peaked, according to experts.

Hours after announcing a massive, $5 billion, 1,800-job manufacturing facility in Chatham County, Wolfspeed CEO Gregg Lowe confirmed both North Carolina and New York are on the short list for yet another semiconductor plant. In an interview with the Triangle Business Journal, Lowe said the economic development spree comes down to "through the roof" demand for next-generation semiconductors, intended to power everything from electric vehicles to power grids. On Friday, the semiconductor firm announced its materials operation was coming to Chatham County, where it's expected to be the largest silicon carbide manufacturing facility in the world.

Oil prices have been all over the map this year. Oil's next step is anyone's guess. Three oil companies that our energy contributors think look like no-brainer investments in the current environment are TotalEnergies (NYSE: TTE), Chevron (NYSE: CVX), and ExxonMobil (NYSE: XOM).

U.S. crude has shed about $35 a barrel in three months, and traders are hesitant to make bets, citing an overwhelming amount of uncertainty.

With Teekay leading the pack, these are the 5 biggest oil tanker companies by 12-month trailing revenue.

In reality, though, there's more to last week's announcement that Walmart (NYSE: WMT) is making an equity investment in a Nebraska beef processor owned by a consortium of cattle farmers. Walmart is acquiring a minority stake in Sustainable Beef, co-owned by several nearby cattle ranchers. Tyler Lehr, Walmart's senior vice president for merchandising for deli services, meat, and seafood, said, "We are dedicated to providing high-quality, affordable beef to our customers, and an investment in Sustainable Beef LLC will give us even more access to these products."

As different as they seem, both quiet-quitters and FIRERS want the same thing.

Also in August, Kraft Heinz recalled 5,760 cases of its Wild Cherry flavored Capri Sun juice pouches, or about 230,000 juice pouches, that may have been accidentally contaminated with cleaning solution. Kraft Heinz became aware of the contamination after consumers called to complain about the strange taste of the drinks. Consumers who believe they may have purchased contaminated pouches may contact Kraft Heinz at 800-280-8252 to arrange a reimbursement.

The Roth IRA five-year rule will not allow you to withdraw tax-free earnings from your account until five years after your first contribution unless you meet certain conditions. In most cases, however, you can withdraw contributions tax-free since you paid … Continue reading → The post Understanding the Roth IRA 5-Year Rule appeared first on SmartAsset Blog.

Pinterest's stock is down significantly off its highs. This video explains one way it can turn things around.

Lawyers for Musk said on Friday that Twitter's severance payments to a former employee violate the merger agreement. They say it's a “separate and distinct” reason to terminate the deal.

Tesla is getting into a new part of the battery supply chain in a bid to secure raw materials to expand battery capacity for its electric vehicles.

President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable "listening session" on issues within the technology industry. But administration officials were not "listening" to the companies that are the targets of many of the desired actions.

Winning or settling your lawsuit can be exhilarating. After you've received the settlement money and paid attorney fees, most people assume that the rest is theirs to keep. However, some settlements are subject to taxes. And, unfortunately, many people don't … Continue reading → The post How to Avoid Paying Taxes on a Lawsuit Settlement appeared first on SmartAsset Blog.

Retirees should worry less about the broader state of Social Security, and more about when they should claim their benefit

While oil might look good in the short term, copper should see strong long-term demand, so here's a trade in Freeport McMoRan.

The automaker's resilience in this economic downturn is something to be admired

The brokerage firm says a former employee is responsible for any losses clients suffered, and it will seek to have the investors’ award vacated.

The e-commerce giant has targeted 66 planned or existing facilities in what experts say amounts to a reconfiguration of its fulfillment in local U.S. markets.