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The generator market is forecasted to grow by USD 24.36 billion during 2024-2029, accelerating at a CAGR of 8.5% during the forecast period. The report on the generator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid industrialization and growing construction equipment, growing instances of power grid failure, and increasing incidence of natural calamities causing power outages.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The generator market is segmented as below:
By Type
- Stationary
- Portable
By End-user
- Industrial
- Commercial
- Residential
By Fuel Type
- Diesel
- Gas
- Dual fuel
- Propane
- Hybrid
By Power Rating
- 350 kVA to 1000 kVA
- 100 kVA to 350 kVA
- Below 100 kVA
- Above 1000 kVA
By Application
- Backup power
- Continuous power
- Peak shaving power
By Geographical Landscape
- APAC
- Europe
- Middle East and Africa
- North America
- South America
The report on the generator market covers the following areas:
- Generator Market sizing
- Generator Market forecast
- Generator Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Market Segmentation by Fuel Type
11 Market Segmentation by Power Rating
350 kVA to 1000 kVA - Market size and forecast 2024-2029
100 kVA to 350 kVA - Market size and forecast 2024-2029
12 Market Segmentation by Application
13 Customer Landscape
14 Geographic Landscape
15 Drivers, Challenges, and Opportunity/Restraints
16 Competitive Landscape
17 Competitive Analysis
18 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global generator market: ABB Ltd., AKSA Power Generation, Atlas Copco AB, Briggs and Stratton Corp., Caterpillar Inc., Cooper Corp., Cummins Inc., Doosan Corp., Eaton Corp. plc, Generac Power Systems Inc., General Electric Co., Honda Motor Co. Ltd., Kirloskar Oil Engines Ltd., Kohler Co., Kubota Corp., Mitsubishi Heavy Industries Ltd., Multiquip Inc., PR INDUSTRIAL Srl, Siemens AG, and Yamaha Motor Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing rural electrification programs."
According to the report, one of the major drivers for this market is the rapid industrialization and growing construction equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- AKSA Power Generation
- Atlas Copco AB
- Briggs and Stratton Corp.
- Caterpillar Inc.
- Cooper Corp.
- Cummins Inc.
- Doosan Corp.
- Eaton Corp. plc
- Generac Power Systems Inc.
- General Electric Co.
- Honda Motor Co. Ltd.
- Kirloskar Oil Engines Ltd.
- Kohler Co.
- Kubota Corp.
- Mitsubishi Heavy Industries Ltd.
- Multiquip Inc.
- PR INDUSTRIAL Srl
- Siemens AG
- Yamaha Motor Co. Ltd.
