Global Low and Medium Capacity Gas Generator Market 2019-2023

Global Low and Medium Capacity Gas Generator Market 2019-2023

About this market

The growth in demand for gas generators, while the demand for diesel generators witnessed a slump. Gas generators run on a clean fuel source (natural gas, CNG, and LPG). They are refilled using gas pipelines coming from utilities, unlike diesel that needs to be stored, maintained properly, and refilled. The use of gear-on-gear powertrains and other engine advances has increased their overall performance and power. Other design upgrades such as the use of stronger, more resilient engine parts, such as hardened valves and seats, have also contributed to the performance of gas generators. Gas generators are preferred for use in the commercial and residential sector. Improvements in gas generator design and production, the plummeting cost of natural gas, and new regulations that prohibit sooty, noisy engines and on-site fuel storage have made natural gas generators popular. Technavio’s analysts have predicted that the low and medium capacity gas generator market will register a CAGR of over 8% by 2023.

Market Overview

Expanding natural gas pipeline networks

The production and consumption of natural gas are increasing. The emergence of cross-country and multi-country pipelines will increase the demand for natural gas during the forecast period. Pipelines of various sizes are used to transfer gas domestically and internationally. The number of natural gas pipeline projects is increasing, especially in developing countries such as India. This will be driven by the demand for natural gas and the focus on the adoption of natural gas for power generation for prime and backup power generation.

Volatility in natural gas prices

Gas involves a complex value chain from its production to distribution and the supply and demand in the oil and gas industry. This makes forecasting the accurate prices very difficult. The prices of natural gas have experienced several peaks and troughs in the last decade. making it a very unstable commodity. The fluctuations in the prices of natural gas have vaguely been following a trend. which is called crude oil price cycle. However, it is difficult to predict with certainty when the price of crude oil will rise or fall.

For the detailed list of factors that will drive and challenge the growth of the low and medium capacity gas generator market during the 2019-2023, view our report.

Competitive Landscape

The low and medium capacity gas generator market appears to be highly concentrated due to the presence of very few companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.’


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global gas generator market
      • Table Segments of global gas generator market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • 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 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Stationary - Market size and forecast 2018-2023
      • Table Stationary - Market size and forecast 2018-2023 ($ millions)
      • Table Stationary - Year-over-year growth 2019-2023 (%)
    • Portable - Market size and forecast 2018-2023
      • Table Portable - Market size and forecast 2018-2023 ($ millions)
      • Table Five essential uses of portable generators
      • Table Portable - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Residential - Market size and forecast 2018-2023
      • Table Residential - Market size and forecast 2018-2023 ($ millions)
      • Table Residential - Year-over-year growth 2019-2023 (%)
    • Commercial - Market size and forecast 2018-2023
      • Table Commercial - Market size and forecast 2018-2023 ($ millions)
      • Table Commercial - Year-over-year growth 2019-2023 (%)
    • Industrial - Market size and forecast 2018-2023
      • Table Industrial - Market size and forecast 2018-2023 ($ millions)
      • Table Industrial - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Nonroad compression-ignition engines: Tier 4 exhaust emission standards
    • Market challenges
      • Table LNG import prices US, EU, and Japan and Korea 2009-2017 ($/million BTU)
      • Table Renewable electricity capacity growth by technology (GW)
      • Table Renewable capacity growth by country/region (GW)
      • Table Technological advances in diesel generators
      • Table Impact of drivers and challenges
  • Market trends
    • Introduction of bi-fuel technology in generators
    • Increasing preference for generator rental services
    • Emerging alternative backup power packs
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Caterpillar
      • Table Caterpillar - Vendor overview
      • Table Caterpillar - Business segments
      • Table Caterpillar - Organizational developments
      • Table Caterpillar - Geographic focus
      • Table Caterpillar - Segment focus
      • Table Caterpillar - Key offerings
    • Cummins
      • Table Cummins - Vendor overview
      • Table Cummins - Business segments
      • Table Cummins - Organizational developments
      • Table Cummins - Geographic focus
      • Table Cummins - Segment focus
      • Table Cummins - Key offerings
    • Generac Power Systems
      • Table Generac Power Systems - Vendor overview
      • Table Generac Power Systems - Business segments
      • Table Generac Power Systems - Organizational developments
      • Table Generac Power Systems - Segment focus
      • Table Generac Power Systems - Key offerings
    • Rolls-Royce
      • Table Rolls-Royce - Vendor overview
      • Table Rolls-Royce - Business segments
      • Table Rolls-Royce - Organizational developments
      • Table Rolls-Royce - Geographic focus
      • Table Rolls-Royce - Segment focus
      • Table Rolls-Royce - Key offerings
    • YANMAR
      • Table YANMAR - Vendor overview
      • Table YANMAR - Organizational developments
      • Table YANMAR - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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