The global electric generator market size was valued at USD 28.6 billion in 2022 and is expected to hit around USD 52.95 billion by 2031, growing at a CAGR of 6.49% between 2023 and 2031.
The market for electric generators is diverse, and generators are used in various applications, including residential, commercial, and industrial settings. In addition to traditional generators that are powered by engines or turbines, the market for electric generators also includes renewable energy solutions, such as wind and solar generators. The electric generator market is expected to grow...
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