Global Electric Generators Market 2020-2024

Global Electric Generators Market 2020-2024

Technavio has been monitoring the electric generators market and it is poised to grow by $ 7464.63 mn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on electric generators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for uninterrupted power supply among end-users, rapid growth in urbanization, and rising demand for electric generators in commercial sectors. In addition, increasing demand for uninterrupted power supply among end-users is anticipated to boost the growth of the market as well.

The electric generators market analysis includes type segment and geographic landscapes

Technavio's electric generators market is segmented as below:

By Type

  • Diesel
  • Gasoline
  • Others
By Geographic Landscapes
  • APAC
  • Europe
  • North America
  • South America
This study identifies the focus on technological advances as one of the prime reasons driving the electric generators market growth during the next few years. Also, growing preference for gas as fuel source, and increasing investments in smart grids and hybrid generators will lead to sizable demand in the market.

Technavio 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. Our electric generators market covers the following areas:
  • Electric generators market sizing
  • Electric generators market forecast
  • Electric generators market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric generators market vendors that include ABB Ltd., Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Greaves Cotton Ltd., Honda Motor Co. Ltd., Multiquip Inc., Siemens AG, and Wacker Neuson SE. Also, the electric generators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type- Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Diesel - Market size and forecast 2019-2024
      • Table Diesel - Market size and forecast 2019-2024 ($ million)
      • Table Diesel - Year-over-year growth 2019-2024 (%)
    • Gasoline - Market size and forecast 2019-2024
      • Table Gasoline - Market size and forecast 2019-2024 ($ million)
      • Table Gasoline - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Increasing demand for uninterrupted power supply among end-users
      • Rapid growth in urbanization
      • Rising demand for electric generators in commercial sectors
    • Market challenges
      • High maintenance and operation cost of generators
        • Table Cost and installation cost of different types of electric generators
        • Table Cost and replacement or fixing of generator parts
      • Availability of substitutes for power backup
      • Stringent regulations for carbon emission reduction and noise control
        • Table Impact of drivers and challenges
    • Market trends
      • Focus on technological advances
      • Growing preference for gas as fuel source
      • Increasing investments in smart grids and hybrid generators
  • Vendor Landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • Briggs & Stratton Corp.
      • Table Briggs & Stratton Corp. - Overview
      • Table Briggs & Stratton Corp. - Business segments
      • Table Briggs & Stratton Corp. - Key news
      • Table Briggs & Stratton Corp. - Key offerings
      • Table Briggs & Stratton Corp. - Segment focus
    • Caterpillar Inc.
      • Table Caterpillar Inc. - Overview
      • Table Caterpillar Inc. - Business segments
      • Table Caterpillar Inc. - Key news
      • Table Caterpillar Inc. - Key offerings
      • Table Caterpillar Inc. - Segment focus
    • Cummins Inc.
      • Table Cummins Inc. - Overview
      • Table Cummins Inc. - Business segments
      • Table Cummins Inc. - Key news
      • Table Cummins Inc. - Key offerings
      • Table Cummins Inc. - Segment focus
    • Generac Power Systems Inc.
      • Table Generac Power Systems Inc. - Overview
      • Table Generac Power Systems Inc. - Business segments
      • Table Generac Power Systems Inc. - Key news
      • Table Generac Power Systems Inc. - Key offerings
      • Table Generac Power Systems Inc. - Segment focus
    • Greaves Cotton Ltd.
      • Table Greaves Cotton Ltd. - Overview
      • Table Greaves Cotton Ltd. - Business segments
      • Table Generac Power Systems Inc. - Key news
      • Table Greaves Cotton Ltd. - Key offerings
      • Table Greaves Cotton Ltd. - Segment focus
    • Honda Motor Co. Ltd.
      • Table Honda Motor Co. Ltd. - Overview
      • Table Honda Motor Co. Ltd. - Business segments
      • Table Honda Motor Co. Ltd. - Key news
      • Table Honda Motor Co. Ltd. - Key offerings
      • Table Honda Motor Co. Ltd. - Segment focus
    • Multiquip Inc.
      • Table Multiquip Inc. - Overview
      • Table Multiquip Inc. - Product and service
      • Table Multiquip Inc. - Key news
      • Table Multiquip Inc. - Key offerings
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • Wacker Neuson SE
      • Table Wacker Neuson SE - Overview
      • Table Wacker Neuson SE - Business segments
      • Table Wacker Neuson SE - Key news
      • Table Wacker Neuson SE - Key offerings
      • Table Wacker Neuson SE - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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