
Generator Sales Market Size, Share, and Analysis, By Fuel Type (Diesel, Gas, and Others), By Power Rating (Below 75 KVA, 75-375 kVA, 375-750 kVA, and Above 750 kVA), By Application (Continuous Load, Peak Load, and Standby Load), By End-User (Mining, Oil &
Description
Generator Sales Market Size, Share, and Analysis, By Fuel Type (Diesel, Gas, and Others), By Power Rating (Below 75 KVA, 75-375 kVA, 375-750 kVA, and Above 750 kVA), By Application (Continuous Load, Peak Load, and Standby Load), By End-User (Mining, Oil & Gas, Construction, Residential, Industrial, Pharmaceuticals, Commercial, Telecom, Utility, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Generator Sales Market Size, Share, and Analysis, By Fuel Type (Diesel, Gas, and Others), By Power Rating (Below 75 KVA, 75-375 kVA, 375-750 kVA, and Above 750 kVA), By Application (Continuous Load, Peak Load, and Standby Load), By End-User (Mining, Oil & Gas, Construction, Residential, Industrial, Pharmaceuticals, Commercial, Telecom, Utility, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Generator Sales Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 27.6 billion and is projected to reach USD 52.1 billion by the completion of 2034.
Generator sales refer to the commercial activities of selling generators or devices that produce electricity, that are typically used as backup power sources during outages or in areas without access to a power grid. These sales include a wide range of generator types, such as portable, standby, and industrial-grade units, each of which is customized to address specific needs. Companies that specialize in generator sales offer a variety of models that differ in size, power capacity, and the type of fuel used. Moreover, customers choose generators based on various aspects such as power output, efficiency, and intended applications, which can range from providing emergency backup in homes to ensuring continuous power for businesses and construction sites. Furthermore, generator sales include physical products, along with services such as installation, maintenance, and customer support, which ensures dependable power solutions in multiple settings.
MARKET HIGHLIGHTS
Generator Sales Market is projected to achieve USD 52.1 billion during the forecast period, owing to increasing demands for dependable power sources across different sectors. This growth is attributed to several aspects, including frequent power disruptions, natural disasters, and the increasing scope of industrial activities. The market offers a range of generators to meet various needs, such as portable generators for household applications and industrial-grade systems for commercial use. Additionally, developing regions with unstable power supply significantly contribute to market growth. Moreover, technological developments have led to the introduction of eco-friendly and efficient generator models, which fits well with environmental conscious consumers. Government incentives to promote clean energy adoption and the rising utilization of renewable energy sources in generators provide a promising growth trajectory for the generator sales market.
Generator Sales Market Segments:
- By Fuel Type
- Diesel
- Gas
- Others
- By Power Rating
- Below 75 KVA
- 75-375 kVA
- 375-750 kVA
- Above 750 kVA
- By Application
- Continuous Load
- Peak Load
- Standby Load
- By End-User
- Mining
- Oil & Gas
- Construction
- Residential
- Industrial
- Pharmaceuticals
- Commercial
- Telecom
- Utility
- Others
Growth Drivers
Rising Demand for Backup Power will Propel the Market Forward
Technological Improvements will Create New Opportunities for Growth
Restraint
Environmental Laws and Concerns May Restrain Market Expansion
Key Players
- Caterpillar Inc.
- Cummins Inc.
- Generac Holdings Inc.
- Kohler Co.
- Atlas Copco AB
- Himoinsa S.L.
- MTU Onsite Energy GmbH
- Yanmar Holdings Co., Ltd.
- Wacker Neuson SE
- Doosan Corporation
- Mitsubishi Heavy Industries, Ltd.
- Kirloskar Electric Company Limited
- Briggs & Stratton Corporation
- Wärtsilä Corporation
- Honda Power Equipment
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
446 Pages
- 1 Executive Summary
- 1.1. Regional Market Share
- 1.2 Business Trends
- 1.3. Generator Sales Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1 Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4 Primary Research
- 2.5 Secondary Research
- 2.5.1 Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1 Market Definition
- 3.2 Generator Sales Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4 Key Developments
- 3.5 Allied Industry Data
- 4 Generator Sales Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2 COVID-19 overview on world economy
- 4.3 Industry ecosystem Channel analysis
- 4.4 Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1 Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4 Market Restraints
- 7.5. Market Trends
- 8 Risk Analysis
- 9. Market Analysis
- 9.1 Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1 Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10 Generator Sales Market
- 10.1 Overview
- 10.2. Historical Analysis (2019-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Generator Sales Market Size & Forecast 2024 A-2034 F
- 11.1. Overview
- 11.2 Key Findings
- 11.3 Market Segmentation
- 11.3.1 By Fuel Type
- 11.3.1.1. Diesel
- 11.3.1.1.1 By Value (USD Million) 2024-2034 F
- 11.3.1.1.2. Market Share (%) 2024-2034 F
- 11.3.1.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.2 Gas
- 11.3.1.2.1. By Value (USD Million) 2024-2034 F
- 11.3.1.2.2 Market Share (%) 2024-2034 F
- 11.3.1.2.3 Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.3 Others
- 11.3.1.3.1. By Value (USD Million) 2024-2034 F
- 11.3.1.3.2 Market Share (%) 2024-2034 F
- 11.3.1.3.3 Y-o-Y Growth (%) 2024-2034 F
- 11.3.2. By Power Rating
- 11.3.2.1 Below 75 K kVA
- 11.3.2.1.1. By Value (USD Million) 2024-2034 F
- 11.3.2.1.2 Market Share (%) 2024-2034 F
- 11.3.2.1.3 Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.2. 75-375 kVA
- 11.3.2.2.1 By Value (USD Million) 2024-2034 F
- 11.3.2.2.2. Market Share (%) 2024-2034 F
- 11.3.2.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.3. 375-750 kVA
- 11.3.2.3.1 By Value (USD Million) 2024-2034 F
- 11.3.2.3.2. Market Share (%) 2024-2034 F
- 11.3.2.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.4. Above 750 kVA
- 11.3.2.4.1 By Value (USD Million) 2024-2034 F
- 11.3.2.4.2. Market Share (%) 2024-2034 F
- 11.3.2.4.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.3 By Application
- 11.3.3.1 Continuous Load
- 11.3.3.1.1. By Value (USD Million) 2024-2034 F
- 11.3.3.1.2 Market Share (%) 2024-2034 F
- 11.3.3.1.3 Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.2. Peak Load
- 11.3.3.2.1 By Value (USD Million) 2024-2034 F
- 11.3.3.2.2. Market Share (%) 2024-2034 F
- 11.3.3.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.3. Standby load
- 11.3.3.3.1 By Value (USD Million) 2024-2034 F
- 11.3.3.3.2. Market Share (%) 2024-2034 F
- 11.3.3.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4 By End-User
- 11.3.4.1 Mining
- 11.3.4.1.1. By Value (USD Million) 2024-2034 F
- 11.3.4.1.2 Market Share (%) 2024-2034 F
- 11.3.4.1.3 Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.2. Oil & Gas
- 11.3.4.2.1 By Value (USD Million) 2024-2034 F
- 11.3.4.2.2. Market Share (%) 2024-2034 F
- 11.3.4.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.3. Construction
- 11.3.4.3.1 By Value (USD Million) 2024-2034 F
- 11.3.4.3.2. Market Share (%) 2024-2034 F
- 11.3.4.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.4 Residential
- 11.3.4.4.1 By Value (USD Million) 2024-2034 F
- 11.3.4.4.2. Market Share (%) 2024-2034 F
- 11.3.4.4.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.5. Industrial
- 11.3.4.5.1 By Value (USD Million) 2024-2034 F
- 11.3.4.5.2. Market Share (%) 2024-2034 F
- 11.3.4.5.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.6. Pharmaceuticals
- 11.3.4.6.1 By Value (USD Million) 2024-2034 F
- 11.3.4.6.2. Market Share (%) 2024-2034 F
- 11.3.4.6.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.7. Commercial
- 11.3.4.7.1 By Value (USD Million) 2024-2034 F
- 11.3.4.7.2. Market Share (%) 2024-2034 F
- 11.3.4.7.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.8 Telecom
- 11.3.4.8.1 By Value (USD Million) 2024-2034 F
- 11.3.4.8.2. Market Share (%) 2024-2034 F
- 11.3.4.8.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.9. Utility
- 11.3.4.9.1 By Value (USD Million) 2024-2034 F
- 11.3.4.9.2. Market Share (%) 2024-2034 F
- 11.3.4.9.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.4.10. Others
- 11.3.4.10.1 By Value (USD Million) 2024-2034 F
- 11.3.4.10.2. Market Share (%) 2024-2034 F
- 11.3.4.10.3. Y-o-Y Growth (%) 2024-2034 F
- 12 North America Generator Sales Market Size & Forecast 2024 A-2034 F
- 12.1 Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1 By Fuel Type
- 12.3.2. By Power Rating
- 12.3.3. By Application
- 12.3.4. By End-User
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13 Europe Generator Sales Market Size & Forecast 2024 A-2034 F
- 13.1 Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1 By Fuel Type
- 13.3.2. By Power Rating
- 13.3.3. By Application
- 13.3.4. By End-User
- 13.4 Country
- 13.4.1 Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14 Asia-Pacific Generator Sales Market Size & Forecast 2024 A-2034 F
- 14.1. Overview
- 14.2. Key Findings
- 14.3 Market Segmentation
- 14.3.1 By Fuel Type
- 14.3.2. By Power Rating
- 14.3.3. By Application
- 14.3.4. By End-User
- 14.4. Country
- 14.4.1 India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4 Japan
- 14.4.5 Rest of APAC
- 15 Middle East and Africa Generator Sales Market Size & Forecast 2024 A-2034 F
- 15.1 Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1 By Fuel Type
- 15.3.2. By Power Rating
- 15.3.3. By Application
- 15.3.4. By End-User
- 15.4 Country
- 15.4.1. Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4 South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Generator Sales Market Size & Forecast 2024 A-2034 F
- 16.1 Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1 By Fuel Type
- 16.3.2. By Power Rating
- 16.3.3. By Application
- 16.3.4. By End-User
- 16.4 Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1 Company market share, 2023
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1. Caterpillar Inc.
- 18.1.1 Company Overview
- 18.1.2 Financial Overview
- 18.1.3 Key Product; Analysis
- 18.1.4 Company Assessment
- 18.1.4.1 Product Portfolio
- 18.1.4.2 Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2. Cummins Inc.
- 18.3. Generac Holdings Inc.
- 18.4. Kohler Co.
- 18.5. Atlas Copco AB
- 18.6. Himoinsa S.L.
- 18.7. MTU Onsite Energy GmbH
- 18.8. Yanmar Holdings Co., Ltd.
- 18.9. Wacker Neuson SE
- 18.10 Doosan Corporation
- 18.11 Mitsubishi Heavy Industries, Ltd.
- 18.12. Kirloskar Electric Company Limited
- 18.13. Briggs & Stratton Corporation
- 18.14 Wärtsilä Corporation
- 18.15. Honda Power Equipment
- 18.16. Other Prominent Players
- 19. Appendix
- 20 Consultant Recommendation
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.