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Digital Transformation Initiatives Supporting Growth of the Generators Market Across Key End-user Industries, 2025

Digital Transformation Initiatives Supporting Growth of the Generators Market Across Key End-user Industries, 2025

Increased Focus On Measures Aimed at Gaining a Competitive Advantage to Benchmark Future Growth Potential

RELEASE DATE
09-Dec-2020
REGION
North America
Research Code: K557-01-00-00-00
SKU: EG02113-NA-MT_24852
$4,950.00
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SKU
EG02113-NA-MT_24852
$4,950.00
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Description

The generators market is undergoing a transition. A greater power demand, coupled with increased awareness among customers, has driven opportunities for diesel and gas generators over the last 10 years. Furthermore, the increased adoption of digital solutions for resource management, remote monitoring, and assets control solutions drives the need for reliable power sources, which will boost the demand for generators during the forecast period.

The overall research objective is to understand end-user purchase behavior and other aspects of involvement in the generator market.
In summary, this study aims to:
•     monitor the market status by key end user
•     understand the industry challenges
•     evaluate factors that drive spending
•     gauge market trends
•     discover opportunities in different industries and business sizes

One of the biggest challenges for the generators industry is the continued need to serve customers with customized solutions, sales, and service. The trend of digital technology adoption feeds directly into these pain points, and has the power to improve the customer experience.


Research Benefits

  • Identify key business objectives and challenges in this industry
  • Discover growth opportunities to address these objectives and challenges; find technologies that have been proven to reduce costs and generate revenue
  • Benchmark with competition and other industry leaders
  • Learn new ways to improve customer experience
  • Facilitate your digital transformation journey

The predictions made in this research apply to the North American generators market. Frost & Sullivan’s team of expert analysts predict that the digital transformation in the energy market  will evolve from an IT market composed primarily of revenue associated with billing systems and services to a market that is increasingly incorporating advanced technologies such as analytics and integrated energy efficiency solutions.

This study will also provide insights on key measures needed for generator manufacturers to meet their key corporate goal: to improve overall customer experience and satisfaction.

Author: Lucrecia Gomez

 

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
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Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives 8™ on the Generators Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Generators Market Scope of Analysis

Generators Market Segmentation

Key Competitors for Generators Market

Key Growth Metrics for Generators Market

Distribution Channels for Generators Market

Growth Drivers for Generators Market

Growth Restraints for Generators Market

Forecast Assumptions, Generators Market

Revenue Forecast, Generators Market

Revenue Forecast by Industry Vertical, Generators Market

Revenue Forecast Analysis, Generators Market

Revenue Forecast Analysis, Generators Market (continued)

Revenue Forecast Analysis by Industry Vertical, Generators Market

Revenue Forecast Analysis by Industry Vertical, Generators Market (continued)

Competitive Environment, Generators Market

Revenue Share, Generators Market

Revenue Share Analysis, Generators Market

Key Growth Metrics for Residential Generators Market

Revenue Forecast, Residential Generators Market

Revenue Forecast Analysis, Residential Generators Market

Key Growth Metrics for Data Center Generators Market

Revenue Forecast, Data Center Generators Market

Revenue Forecast Analysis, Data Center Generators Market

Key Growth Metrics for Healthcare Generators Market

Revenue Forecast, Healthcare Generators Market

Revenue Forecast Analysis, Healthcare Generators Market

Key Growth Metrics for Oil & Gas Generators Market

Revenue Forecast, Oil & Gas Generators Market

Revenue Forecast Analysis, Oil & Gas Generators Market

Key Growth Metrics for Office Building Generators Market

Revenue Forecast, Office Building Generators Market

Revenue Forecast Analysis, Office Building Generators Market

Key Growth Metrics for Government Generators Market

Revenue Forecast, Government Generators Market

Revenue Forecast Analysis, Government Generators Market

Key Growth Metrics for Utilities Generators Market

Revenue Forecast, Utilities Generators Market

Revenue Forecast Analysis, Utilities Generators Market

Key Growth Metrics for Other Generators Market

Revenue Forecast, Other Generators Market

Revenue Forecast Analysis, Other Generators Market

Growth Opportunity 1: Focusing on IoT-as-a-Service to Enable Actionable Intelligence for Generators

Growth Opportunity 1: Focusing on IoT-as-a-Service to Enable Actionable Intelligence for Generators (continued)

Growth Opportunity 2: Targeting Critical End-user Segments

Growth Opportunity 2: Targeting Critical End-user Segments (continued)

Growth Opportunity 3: Omni-channel Customer Service that Uses AI and Analytics for Offering a Personalized Customer Experience

Growth Opportunity 3: Omni-channel Customer Service that Uses AI and Analytics for Offering a Personalized Customer Experience (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Related Research
The generators market is undergoing a transition. A greater power demand, coupled with increased awareness among customers, has driven opportunities for diesel and gas generators over the last 10 years. Furthermore, the increased adoption of digital solutions for resource management, remote monitoring, and assets control solutions drives the need for reliable power sources, which will boost the demand for generators during the forecast period. The overall research objective is to understand end-user purchase behavior and other aspects of involvement in the generator market. In summary, this study aims to: • monitor the market status by key end user • understand the industry challenges • evaluate factors that drive spending • gauge market trends • discover opportunities in different industries and business sizes One of the biggest challenges for the generators industry is the continued need to serve customers with customized solutions, sales, and service. The trend of digital technology adoption feeds directly into these pain points, and has the power to improve the customer experience.--BEGIN PROMO--

Research Benefits

  • Identify key business objectives and challenges in this industry
  • Discover growth opportunities to address these objectives and challenges; find technologies that have been proven to reduce costs and generate revenue
  • Benchmark with competition and other industry leaders
  • Learn new ways to improve customer experience
  • Facilitate your digital transformation journey

The predictions made in this research apply to the North American generators market. Frost & Sullivan’s team of expert analysts predict that the digital transformation in the energy market  will evolve from an IT market composed primarily of revenue associated with billing systems and services to a market that is increasingly incorporating advanced technologies such as analytics and integrated energy efficiency solutions.

This study will also provide insights on key measures needed for generator manufacturers to meet their key corporate goal: to improve overall customer experience and satisfaction.

Author: Lucrecia Gomez

 

More Information
No Index No
Podcast No
Author Lucrecia Gomez
Industries Energy
WIP Number K557-01-00-00-00
Is Prebook No
GPS Codes 9AFF-A4,9B00-A4,9851