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North America Genset Market Outlook 2020-2030

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    Report

  • 329 Pages
  • February 2022
  • Region: North America
  • Research Nester Pvt. Ltd
  • ID: 5559872
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North America Genset Market Analysis 2020-2030


The North America genset market is anticipated to grow with a CAGR of 4.7% (by volume) during the forecast period, i.e., 2021-2030. Factors such as the increasing concern for power outages in the region, along with the surge in power fluctuations are majorly projected to drive the growth of the market in the coming years. Additionally, the growing construction of residential and commercial buildings is also expected to create numerous opportunities for market growth. The North America genset market is estimated to garner a revenue of close to USD 11070 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of near to USD 6390 Million.

The North America genset market is segmented by numerous segments, which include segmentation by genset type, fuel type, end-use application, power capacity, and by country. By genset type, the market is segmented into standby, prime/continuous, and peak shaving. By the end of 2030, the standby generator segment is anticipated to garner the largest volume of close to 1888800 units. The segment is also anticipated to grow with the highest CAGR of around 5% during the forecast period.

On the basis of country, the North America genset market is segmented into the United States, Canada, and Mexico. The market in the United States, amongst the market in all the other countries, is anticipated to generate the largest revenue of near to USD 8970 Million by the end of 2030, up from about USD 5240 Million in the year 2020.

Some of the prominent industry leaders in the North America genset market that are included in our report are Cummins Inc., AKSA POWER GENERATION, DEUTZ AG, Caterpillar Inc., Briggs & Stratton, Generac Power Systems, Inc., Rolls-Royce plc, Kohler Co., MITSUBISHI HEAVY INDUSTRIES, LTD., Taylor Power Systems, Inc, Gillette Generators, and others.

Table of Contents

1. Market Definition
1.1. Definition
1.2. Market Segmentation
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
4. Analyst Review5. Executive Summary - North America Genset Market6. Value Chain Analysis
7. Market Dynamics
7.1. Market Drivers
7.2. Trends
8. Major Roadblocks for the Market Growth9. Key Market Opportunities10. Regulatory Landscape11. Porter Analysis12. PESTLE Analysis
13. COVID-19 Impact on North America Genset Market
13.1. Impact on Supply Chain
13.2. Impact on Production
13.3. Impact on Sales
13.4. Impact on Import & Export
13.5. Import on Pricing
13.6. Impact on Key Market Players
14. EXIM Outlook
14.1. Import Analysis (USD Million & Units)
14.2. Export Analysis (USD Million & Units)
15. Pricing Analysis
16. Competitive Landscape
16.1. Market Share Analysis, 2020
16.2. Profit Margin Analysis
16.3. Distributors/Dealer Outlook
16.4. Company Profiles
16.4.1. Cummins Inc.
16.4.1.1. Company Overview
16.4.1.2. Business Type
16.4.1.3. Business Strategy
16.4.1.4. Financials
16.4.1.5. Key Performance Indicators
16.4.1.6. Recent Developments
16.4.1.7. SWOT Analysis
16.4.1.8. Manufacturing Facilities
16.4.2. AKSA POWER GENERATION
16.4.3. DEUTZ AG
16.4.4. Caterpillar Inc.
16.4.5. Briggs & Stratton
16.4.6. Generac Power Systems, Inc.
16.4.7. Rolls-Royce plc
16.4.8. Kohler Co.
16.4.9. MITSUBISHI HEAVY INDUSTRIES, LTD.
16.4.10. Taylor Power Systems, Inc
16.4.11. Gillette Generators
17. North America Genset Market, 2020-2030
17.1. Market Overview
17.2. By Value (USD Million)
17.3. By Volume (Units)
17.4. North America Genset Market Segmentation Analysis, 2020-2030
17.4.1. Genset Type, 2020-2030 (USD Million) (Units)
17.4.1.1. Standby, 2020-2030 (USD Million) (Units)
17.4.1.1.1. By Power Capacity, 2020-2030 (USD Million) (Units)
17.4.1.1.1.1. Up to 50kW
17.4.1.1.1.2. 50-150kW
17.4.1.1.1.3. 151-250kW
17.4.1.1.1.4. 251-350kW
17.4.1.1.1.5. 351-450kW
17.4.1.1.1.6. 451-750kW
17.4.1.1.1.7. 751-1000kW
17.4.1.1.1.8. Above 1000kW
17.4.1.1.2. By Fuel Type, 2020-2030 (USD Million) (Units)
17.4.1.1.2.1. Diesel
17.4.1.1.2.2. Gas
17.4.1.1.2.3. Gasoline
17.4.1.1.2.4. Hybrid
17.4.1.1.2.4.1. Diesel Genset + Battery
17.4.1.1.2.4.2. Diesel Genset + Battery + PV Solar (DBP)
17.4.1.1.2.4.3. Propane + Battery + PV Solar (PBP)
17.4.1.1.2.4.4. Others
17.4.1.1.2.5. Others
17.4.1.1.3. By End-Use Application, 2020-2030 (USD Million) (Units)
17.4.1.1.3.1. Residential
17.4.1.1.3.2. Commercial
17.4.1.1.3.2.1. Offices
17.4.1.1.3.2.2. Retail Establishments
17.4.1.1.3.2.3. Hotels & Restaurants
17.4.1.1.3.2.4. Others
17.4.1.1.3.3. Industrial
17.4.1.1.3.3.1. Oil & Gas
17.4.1.1.3.3.2. Manufacturing
17.4.1.1.3.3.3. Construction
17.4.1.1.3.3.4. Mining
17.4.1.1.3.3.5. Others
17.4.1.1.3.4. Healthcare Facilities
17.4.1.1.3.5. Others
17.4.1.2. Prime/Continuous, 2020-2030 (USD Million) (Units)
17.4.1.2.1. By Power Capacity, 2020-2030 (USD Million) (Units)
17.4.1.2.2. By Fuel Type, 2020-2030 (USD Million) (Units)
17.4.1.2.3. By End-Use Application, 2020-2030 (USD Million) (Units)
17.4.1.3. Peak Shaving, 2020-2030 (USD Million) (Units)
17.4.1.3.1. By Power Capacity, 2020-2030 (USD Million) (Units)
17.4.1.3.2. By Fuel Type, 2020-2030 (USD Million) (Units)
17.4.1.3.3. By End-Use Application, 2020-2030 (USD Million) (Units)
17.4.2. North America Genset Market Country Analysis, 2020-2030
17.4.2.1. United States, 2020-2030 (USD Million) (Units)
17.4.2.2. Canada, 2020-2030 (USD Million) (Units)
17.4.2.3. Mexico, 2020-2030 (USD Million) (Units)
18. USA Genset Market, 2020-2030
18.1. Market Overview
18.2. By Value (USD Million)
18.3. By Volume (Units)
18.4. USA Genset Market Segmentation Analysis, 2020-2030
18.4.1. Genset Type, 2020-2030 (USD Million) (Units)
18.4.1.1. Standby, 2020-2030 (USD Million) (Units)
18.4.1.1.1. By Power Capacity, 2020-2030 (USD Million) (Units)
18.4.1.1.1.1. Up to 50kW
18.4.1.1.1.2. 50-150kW
18.4.1.1.1.3. 151-250kW
18.4.1.1.1.4. 251-350kW
18.4.1.1.1.5. 351-450kW
18.4.1.1.1.6. 451-750kW
18.4.1.1.1.7. 751-1000kW
18.4.1.1.1.8. Above 1000kW
18.4.1.1.2. By Fuel Type, 2020-2030 (USD Million) (Units)
18.4.1.1.2.1. Diesel
18.4.1.1.2.2. Gas
18.4.1.1.2.3. Gasoline
18.4.1.1.2.4. Hybrid
18.4.1.1.2.4.1. Diesel Genset + Battery
18.4.1.1.2.4.2. Diesel Genset + Battery + PV Solar (DBP)
18.4.1.1.2.4.3. Propane + Battery + PV Solar (PBP)
18.4.1.1.2.4.4. Others
18.4.1.1.2.5. Others
18.4.1.1.3. By End-Use Application, 2020-2030 (USD Million) (Units)
18.4.1.1.3.1. Residential
18.4.1.1.3.2. Commercial
18.4.1.1.3.2.1. Offices
18.4.1.1.3.2.2. Retail Establishments
18.4.1.1.3.2.3. Hotels & Restaurants
18.4.1.1.3.2.4. Others
18.4.1.1.3.3. Industrial
18.4.1.1.3.3.1. Oil & Gas
18.4.1.1.3.3.2. Manufacturing
18.4.1.1.3.3.3. Construction
18.4.1.1.3.3.4. Mining
18.4.1.1.3.3.5. Others
18.4.1.1.3.4. Healthcare Facilities
18.4.1.1.3.5. Others
18.4.1.2. Prime/Continuous, 2020-2030 (USD Million) (Units)
18.4.1.2.1. By Power Capacity, 2020-2030 (USD Million) (Units)
18.4.1.2.2. By Fuel Type, 2020-2030 (USD Million) (Units)
18.4.1.2.3. By End-Use Application, 2020-2030 (USD Million) (Units)
18.4.1.3. Peak Shaving, 2020-2030 (USD Million) (Units)
18.4.1.3.1. By Power Capacity, 2020-2030 (USD Million) (Units)
18.4.1.3.2. By Fuel Type, 2020-2030 (USD Million) (Units)
18.4.1.3.3. By End-Use Application, 2020-2030 (USD Million) (Units)
18.4.2. USA Genset Market States Analysis, 2020-2030
18.4.2.1. South USA, 2020-2030 (USD Million) (Units)
18.4.2.2. West USA, 2020-2030 (USD Million) (Units)
18.4.2.3. Midwest USA, 2020-2030 (USD Million) (Units)
18.4.2.4. North East USA, 2020-2030 (USD Million) (Units)
19. Canada Genset Market, 2020-2030
19.1. Market Overview
19.2. By Value (USD Million)
19.3. By Volume (Units)
19.4. Canada Genset Market Segmentation Analysis, 2020-2030
19.4.1. Genset Type, 2020-2030 (USD Million) (Units)
19.4.2. Canada Genset Market States Analysis, 2020-2030
19.4.2.1. Atlantic Region, 2020-2030 (USD Million) (Units)
19.4.2.2. Central Canada, 2020-2030 (USD Million) (Units)
19.4.2.3. Prairie Provinces, 2020-2030 (USD Million) (Units)
19.4.2.4. West Coast, 2020-2030 (USD Million) (Units)
19.4.2.5. North Region, 2020-2030 (USD Million) (Units)
20. Mexico Genset Market, 2020-2030
20.1. Market Overview
20.2. By Value (USD Million)
20.3. By Volume (Units)
20.4. Mexico Genset Market Segmentation Analysis, 2020-2030
20.4.1. Genset Type, 2020-2030 (USD Million) (Units)
20.4.2. Mexico Genset Market States Analysis, 2020-2030
20.4.2.1. State of Mexico, 2020-2030 (USD Million) (Units)
20.4.2.2. Federal District, 2020-2030 (USD Million) (Units)
20.4.2.3. Jalisco, 2020-2030 (USD Million) (Units)
20.4.2.4. Veracruz, 2020-2030 (USD Million) (Units)
20.4.2.5. Rest of Mexico, 2020-2030 (USD Million) (Units)
21. Primary Interview Analysis

Companies Mentioned

  • Cummins Inc.
  • AKSA POWER GENERATION
  • DEUTZ AG
  • Caterpillar Inc.
  • Briggs & Stratton
  • Generac Power Systems Inc.
  • Rolls-Royce plc
  • Kohler Co.
  • MITSUBISHI HEAVY INDUSTRIES Ltd.
  • Taylor Power Systems Inc
  • Gillette Generators

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