+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Prime Mover Generator Sets Manufacturing in the US - Industry Market Research Report

  • PDF Icon

    Report

  • 44 Pages
  • May 2023
  • Region: United States
  • IBISWorld
  • ID: 5415404

High power: Exports will surge as the dollar depreciates

Prime mover generator sets manufacturers make a variety of products that work to combine an electrical generator with an engine or prime mover. As economic growth boosted corporate profit in the years immediately preceding COVID-19, businesses had more money to spend on new projects, so nonresidential construction soared. Higher nonresidential construction meant businesses needed generators for their new buildings, raising demand for prime mover generator sets and increasing revenue for the industry. As the pandemic hit, businesses were shut down, so demand for manufactured products from companies plunged. Since industrial production declined, manufacturers scaled down their operations, so the need for prime mover generator sets for machinery plunged, causing revenue to tank in 2020.

This industry manufactures prime mover generator sets, integral horsepower motors and fractional horsepower motors. These products combine an electrical generator with an engine, or prime mover to produce electrical power. These products are used to supply electrical power in places where utility power is not available. This industry does not include steam and hydraulic turbine sets.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Generac Power Systems, Inc.
  • Caterpillar Inc.
  • Cummins Inc.

Methodology

Loading
LOADING...