Key Market Indicators
Chinese demand for electric generators is projected to grow 3% annually over the next five years, reaching $402 million in 2026. This is up from $336 million in 2021. Since 1997, Chinese demand has increased by an average of 4% year-on-year. In 2021, China ranked fourth in terms of demand, with Mexico coming in first at $336 million. Germany, Mexico, and China were the second, third, and fourth-largest markets respectively. Chinese export of electric generators is set to reach $519 million by 2026 from $437 million in 2021, growing at an average of 2.9% year-on-year. Since 1997, Chinese supply has grown 6.5% annually. In 2021, Germany was the top exporter at $437 million, with the United States, France, and Japan following in second, third, and fourth place respectively.
China Electric Generator Market Data and Forecasts
How much will China Electric Generator Market grow to 2026?
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