Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous Power), Power Rating (1,000 kVA), End-User (Residential, Commercial, Industrial) & Region - Global forecast to 2023

  • ID: 4463283
  • Report
  • Region: Global
  • 155 Pages
  • Markets and Markets
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The Generator Sales Market is Estimated to Reach USD 20.93 Billion in 2018 and USD 27.24 Billion By 2023, at a CAGR of 5.41%, from 2018 to 2023.

FEATURED COMPANIES

  • Briggs & Stratton
  • Caterpillar
  • Cummins
  • Generac
  • Kohler
  • MQ Power
  • MORE

"The generator sales market is projected to grow at a CAGR of 5.41%, from 2018 to 2023."

The generator sales market is estimated to reach USD 20.93 billion in 2018 and USD 27.24 billion by 2023, at a CAGR of 5.41%, from 2018 to 2023. Generators can be used in standby, prime, continuous, and peak shaving applications in various end-use sectors such as industrial, commercial, and residential. The main driver for the generator sales market is the growing demand for uninterrupted and reliable power supply as some of the best power grids are also subject to downtime. The growth of healthcare infrastructure, rising demand for IT infrastructure management, and rapid urbanization in developing countries is also expected to drive the generator sales market during the forecast period. The increasing adoption of energy storage technologies and significant investments in modernizing/upgrading existing transmission and distribution infrastructure can act as restraints for the generator sales market.

"The industrial segment is expected to grow at the highest CAGR from 2018 to 2023."

Based on the end-users of generators, the industrial end-user segment is estimated to be the fastest-growing market from 2018 to 2023. The segment includes the utility/power generation, oil & gas, and other industries such as mining, marine, chemicals, military, and manufacturing. Growth of the industrial sector in Asia Pacific and the Middle East & Africa is expected to drive the generator sales market.

"The standby segment is expected to be the largest market during the forecast period."

Based on application, the standby segment is estimated to be the largest market during the forecast period. Standby power generators are used in applications where regular power supply is necessary to carry out operations. The primary function of these generators is to supply emergency power for a limited duration during power outages. Growth of the commercial sector in Asia Pacific and North America is expected to drive the generator sales market.

"The market in Asia Pacific is expected to grow at the highest CAGR from 2018 to 2023."

Asia Pacific is currently the largest market for generators sales, followed by North America and the Middle East & Africa. China accounted for the maximum share of the market in Asia Pacific in 2017. India is projected to grow at the highest CAGR, from 2018 to 2023. Growth of the industrial and commercial sectors in countries such as China, India, South Korea, Bangladesh, and Taiwan is expected to drive the generator sales market in Asia Pacific.
 
Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1 - 40%, Tier 2 - 32%, Tier 3 - 28%
  • By Designation: C-Level - 40%, Manager Level - 30%, Others - 30%
  • By Region: North America - 35%, Asia Pacific - 24%, Europe - 21%, Middle East & Africa - 11%, South America - 9%

Note: The tier of the companies has been defined based on their total revenue, as of 2016: Tier 1 = >USD 5 billion, Tier 2 = > USD 0.5 billion to USD 1 billion, and Tier 3 = <USD 0.5 billion

The leading players in this industry have been profiled with their recent developments and other strategic activities. These include Caterpillar (US), Cummins (US), Rolls-Royce (UK), Mitsubishi (Japan), Yanmar (Japan), and Kohler (US).

Research Coverage:

From an insight perspective, this research report has focused on various levels of analyses, namely industry analysis (industry trends), market share analysis of the top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the generator sales market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on products and integrated solutions and services offered by the top players in the global generator sales market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the generator sales market
  • Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for generators sales across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global generator sales market.
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FEATURED COMPANIES

  • Briggs & Stratton
  • Caterpillar
  • Cummins
  • Generac
  • Kohler
  • MQ Power
  • MORE

1 Introduction
    1.1 Objectives
    1.2 Definition
    1.3 Market Scope
           1.3.1 Market Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
           1.3.4 Currency
    1.4 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Generator Sales Market
    4.2 Generator Sales Market, By End-User
    4.3 Generator Sales Market
    4.4 Generator Sales Market, By Power Rating

5 Market Overview
    5.1 Introduction
    5.2 Marekt Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for Uninterrupted and Reliable Power Supply as Some of Best Power Grids are Also Subject to Downtime
                    5.2.1.2 Growth of Healthcare Infrastructure
                    5.2.1.3 Rising Demand for IT Infrastructure Management
                    5.2.1.4 Rapid Urbanization in Developing Countries
           5.2.2 Restraints
                    5.2.2.1 Increasing Adoption of Energy Storage Technologies
                    5.2.2.2 Significant Investment to Modernize/ Upgrade Existing T&D Infrastructure
           5.2.3 Opportunities
                    5.2.3.1 Hybrid Generators, Bi-Fuel, and Invertor Generators
                    5.2.3.2 Demand From Emerging Economies
           5.2.4 Challenges
                    5.2.4.1 High Life Cycle Cost of Internal Combustion Engines
                    5.2.4.2 Stringent Emission and Noise Control Norms

6 Generator Sales Market, By Fuel Type
    6.1 Introduction
           6.1.1 Diesel
           6.1.2 Natural Gas
           6.1.3 Others

7 Generator Sales Market, By Power Rating
    7.1 Introduction
           7.1.1 Below 100 kVA
           7.1.2 100-350 kVA
           7.1.3 350-1,000 kVA
           7.1.4 Above 1,000 kVA

8 Generator Sales Market, By Application
    8.1 Introduction
    8.2 Standby Gensets
    8.3 Prime & Continuous Gensets
    8.4 Peak Shaving Gensets

9 Generator Sales Market, By End-User
    9.1 Introduction
    9.2 Industrial
           9.2.1 Utilities/ Power Generation
           9.2.2 Oil & Gas
           9.2.3 Other Industrial
    9.3 Commercial
           9.3.1 IT & Telecom
           9.3.2 Healthcare
           9.3.3 Others
           9.3.4 Residential

10 Generator Sales Market, By Region
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China
             10.2.2 India
             10.2.3 Japan
             10.2.4 Australia
             10.2.5 South Korea
             10.2.6 Rest of Asia Pacific
     10.3 North America
             10.3.1 US
             10.3.2 Canada
             10.3.3 Mexico
     10.4 Europe
             10.4.1 Russia
             10.4.2 Germany
             10.4.3 France
             10.4.4 UK
             10.4.5 Rest of Europe
     10.5 Middle East & Africa
             10.5.1 Saudi Arabia
             10.5.2 UAE
             10.5.3 South Africa
             10.5.4 Nigeria
             10.5.5 Algeria
             10.5.6 Rest of the Middle East & Africa
     10.6 South America
             10.6.1 Brazil
             10.6.2 Argentina
             10.6.3 Rest of South America

11 Competitive Landscape
     11.1 Introduction
     11.2 Market Ranking Analysis, 2016
     11.3 Competitive Scenario
             11.3.1 New Product Developments
             11.3.2 Investments & Expansions
             11.3.3 Mergers & Acquisitions
             11.3.4 Contracts & Agreements
             11.3.5 Others (Partnerships/ Collaborations/ Joint Ventures/ Awards & Recognitions)

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, View)*
     12.1 Company Benchmarking
     12.2 Caterpillar
     12.3 Yanmar
     12.4 MQ Power
     12.5 Kohler
     12.6 Generac
     12.7 Cummins
     12.8 Wacker Neuson
     12.9 Wartsila
     12.10 Rolls-Royce (MTU Onsite Energy)
     12.11 Briggs & Stratton
     12.12 Mitsubishi Heavy Industries
     12.13 Sterling & Wilson
     12.14 Weichai Group

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Generator Sales Market Snapshot
Table 2 Global T&D Infrastructure Expansion Plans
Table 3 Cost Comparision Between Solar Pv, Diesel Generators, and Gas Generators
Table 4 Tier 4 Emission Standards for Non-Road Compression Ignition Engines
Table 5 Europe: Proposed Stage V Emission Standard for Non-Road Engines (Nre)
Table 6 Generator Sales Market Size, By Fuel Type, 2016-2023 (USD Million)
Table 7 Diesel Generator: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 8 Natural Gas Generator: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 9 Other Generator: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 10 Generator Sales Market Size, By Power Rating, 2016-2023 (USD Million)
Table 11 Below 100 kVA: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 12 100-350 kVA: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 13 350-1,000 kVA: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 14 Above 1,000 kVA: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 15 Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Table 16 Standby: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 17 Prime & Continuous: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 18 Peak Shaving: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 19 Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 20 Industrial: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 21 Industrial: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 22 Utilities/ Power Generation: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 23 Oil & Gas: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 24 Other Industrial: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 25 Commercial: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 26 Commercial: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 27 IT & Telecom: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 28 Healthcare: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 29 Others: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 30 Residential: Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 31 Generator Sales Market Size, By Region, 2016-2023 (USD Million)
Table 32 Generator Sales Market Size, By Region, 2016-2023 (000 Units)
Table 33 Asia Pacific: Generator Sales Market Size, By Power Rating, 2016-2023 (USD Million)
Table 34 Asia Pacific: Generator Sales Market Size, By Fuel Type, 2016-2023 (USD Million)
Table 35 Asia Pacific: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 36 Asia Pacific: Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Table 37 Asia Pacific: Generator Sales Market Size, By Country, 2016-2023 (USD Million)
Table 38 China: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 39 India: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 40 Japan: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 41 Australia: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 42 South Korea: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 43 Rest of Asia Pacific: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 44 North America: Generator Sales Market Size, By Power Rating, 2016-2023 (USD Million)
Table 45 North America: Generator Sales Market Size, By Fuel Type, 2016-2023 (USD Million)
Table 46 North America: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 47 North America: Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Table 48 North America: Generator Sales Market Size, By Country, 2016-2023 (USD Million)
Table 49 US: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 50 Canada: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 51 Mexico: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 52 Europe: Generator Sales Market Size, By Power Rating, 2016-2023 (USD Million)
Table 53 Europe: Generator Sales Market Size, By Fuel Type, 2016-2023 (USD Million)
Table 54 Europe: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 55 Europe: Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Table 56 Europe: Generator Sales Market Size, By Country, 2016-2023 (USD Million)
Table 57 Russia: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 58 Germany: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 59 France: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 60 UK: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 61 Rest of Europe: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 62 Middle East & Africa: Generator Sales Market Size, By Power Rating, 2016-2023 (USD Million)
Table 63 Middle East & Africa: Generator Sales Market Size, By Fuel Type, 2016-2023 (USD Million)
Table 64 Middle East & Africa: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 65 Middle East & Africa: Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Table 66 Middle East & Africa: Generator Sales Market Size, By Country, 2016-2023 (USD Million)
Table 67 Saudi Arabia: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 68 UAE: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 69 South Africa: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 70 Nigeria: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 71 Algeria: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 72 Rest of the Middle East & Africa: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 73 South America: Generator Sales Market Size, By Power Rating, 2016-2023 (USD Million)
Table 74 South America: Generator Sales Market Size, By Fuel Type, 2016-2023 (USD Million)
Table 75 South America: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 76 South America: Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Table 77 South America: Generator Sales Market Size, By Country, 2016-2023 (USD Million)
Table 78 Brazil: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 79 Argentina: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)
Table 80 Rest of South America: Generator Sales Market Size, By End-User, 2016-2023 (USD Million)

List of Figures
Figure 1 Generator Sales Market Segmentation
Figure 2 Research Design
Figure 3 Generator Sales Market, By Region, 2018-2023 (USD Million)
Figure 4 Generator Sales Market, By End-User, 2017 (USD Million)
Figure 5 Generator Sales Market, By Fuel, 2017 (USD Million)
Figure 6 Generator Sales Market, By Application, 2017 (USD Million)
Figure 7 Opportunities in the Industrial Segment of the Generator Sales Market, 2018-2023
Figure 8 Industrial Segment is Leading the Generator Sales Market
Figure 9 Diesel Gensets Dominated the Asia Pacific Generator Sales Market in 2017
Figure 10 350-1000 kVA Generators Led the Generator Sales Market in 2017
Figure 11 Market Dynamics for the Generator Sales Market
Figure 12 US: Construction Spending on Healthcare Infrastructure
Figure 13 Global Data Centre Growth, 2013-2018
Figure 14 Emission Regulations in the US and Canada for Non-Emergency and Mobile Generator Sets
Figure 15 Emission Regulations in the US and Canada for Stationary Emergency and Standby Power
Figure 16 Europe: Stage III A, III B, and IV Emission Standards for Nonautomobile Diesel Engines
Figure 17 Generator Sales Market Size, By Fuel Type, 2017 (USD Million)
Figure 18 Generator Sales Market Share, By Power Rating, 2017
Figure 19 Generator Sales Market Size, By Application, 2016-2023 (USD Million)
Figure 20 Generator Sales Market Share, By End-User, 2017
Figure 21 Asia Pacific is Estimated to Dominate the Generator Sales Market in 2018
Figure 22 The Generator Sales Market in India is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Asia Pacific: Market Snapshot
Figure 24 North America: Market Snapshot
Figure 25 Key Developments in the Generator Sales Market, 2015-2017
Figure 26 Market Ranking, 2016
Figure 27 Caterpillar: Company Snapshot
Figure 28 Yanmar: Company Snapshot
Figure 29 Generac: Company Snapshot
Figure 30 Cummins: Company Snapshot
Figure 31 Wacker Neuson: Company Snapshot
Figure 32 Wartsila: Company Snapshot
Figure 33 Rolls-Royce: Company Snapshot
Figure 34 Briggs & Stratton: Company Snapshot
Figure 35 Mitsubishi Heavy Industries: Company Snapshot
Figure 36 Sterling & Wilson: Company Snapshot
Figure 37 Weichai Group: Company Snapshot

Note: Product cover images may vary from those shown
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  • Briggs & Stratton
  • Caterpillar
  • Cummins
  • Generac
  • Kohler
  • MQ Power
  • Mitsubishi Heavy Industries
  • Rolls-Royce (MTU Onsite Energy)
  • Sterling & Wilson
  • Wacker Neuson
  • Wartsila
  • Weichai Group
  • Yanmar
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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