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The Generator Sets Market is segmented by Capacity (Below 75 kVA, 75-350 kVA, and Above 350 kVA), End User (Residential, Commercial, and Industrial), Application (Standby Backup Power, Continuous Power, and Peak Shaving Power) and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)
Study Period:
2016 - 2026
Base Year:
2019
Fastest Growing Market:
Asia Pacific
Largest Market:
Asia Pacific
CAGR:
5.5 %
The generator sets market is expected to witness a CAGR of more than 5.5% during the period of 2020-2025. Factors, such as the ever-increasing demand for power, lack of reliable grid infrastructure, the need for emergency backup power solutions, and the demand for steady power supply, are driving the generator sets market. Moreover, the growing energy demands from the burgeoning manufacturing industry are expected to provide greater market opportunities for generators. However, factors, such as high installation and operating costs and the consumer preference towards eco-friendly alternatives (solar, fuel cells, etc.), and overcapacity, are restraining the market’s growth.
The generator sets market report include:
Capacity | |
Below 75 kVA | |
75-350 kVA | |
Above 350 kVA |
End User | |
Residential | |
Commercial | |
Industrial |
Application | |
Standby Backup Power | |
Prime/Continuous Power | |
Peak Shaving Power |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
South America | |
Middle-East and Africa |
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The generator sets market is fragmented. Some of the key players in this market are Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Holdings Inc. and Honda Power Equipment, among others.
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Capacity
5.1.1 Below 75 kVA
5.1.2 75-350 kVA
5.1.3 Above 350 kVA
5.2 End User
5.2.1 Residential
5.2.2 Commercial
5.2.3 Industrial
5.3 Application
5.3.1 Standby Backup Power
5.3.2 Prime/Continuous Power
5.3.3 Peak Shaving Power
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 South America
5.4.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 AKSA Power Generation
6.3.2 Briggs & Stratton Corporation
6.3.3 Caterpillar Inc.
6.3.4 Cooper Corporation
6.3.5 Cummins Inc.
6.3.6 Doosan Corporation
6.3.7 Generac Power Systems
6.3.8 Honda Siel Power Products Ltd
6.3.9 Kohler Co.
6.3.10 Mitsubishi Heavy Industries Ltd
6.3.11 MTU Onsite Energy
6.3.12 Wartsila Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability