Global gas genset market to grow at 9.53percentage CAGR
According to 6Wresearch, global gas genset market is forecast to grow at a CAGR of 9.53 per cent during 2016-22. The increasing demand for power in developing regions such as Middle East and Africa, Asia-Pacific and Eastern Europe are spurring high demand for gas gensets. Inadequate grid infrastructure, rising industrialisation and commercialisation along with increasing electricity demand supply gap are few market drivers.