Mexico Generator Sets Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
Description
Mexico Generator Sets Market was valued at USD 622.2 million in 2024 and is estimated to grow at a CAGR of 6.6% to reach USD 1.1 billion by 2034.
Market growth is driven by escalating electricity demand, rising weather-related power outages, and the expansion of commercial and industrial infrastructure across the country. Increasing reliance on continuous power for data centers, hospitals, manufacturing facilities, and remote industrial operations is accelerating genset adoption. Additionally, Mexico’s growing construction activity, new industrial hubs, and the surge in nearshoring investments are strengthening generator set deployment across key economic corridors. The market is also benefiting from greater acceptance of hybrid and gas-powered systems as the country seeks reliable, lower-emission alternatives to traditional diesel-based solutions.
By power rating, the >330–750 kVA segment generated USD 125.5 million in 2024, owing to its widespread use in large-scale commercial structures, industrial complexes, and data centers that require uninterrupted high-capacity backup systems. These gensets are preferred for their strong load-handling capability, high durability, and suitability for mission-critical applications. Their ability to sustain stable electrical performance during outages makes them a popular choice among major industries undergoing rapid modernization and capacity expansion across Mexico’s industrial zones.
By application, the industrial segment reached USD 277.8 million in 2024, driven by Mexico’s fast-growing manufacturing, mining, automotive, and oil & gas operations. Industrial facilities operate continuous production lines that cannot afford downtime, resulting in robust demand for both standby and prime-power generators. This segment benefits from Mexico’s strengthening position as a nearshoring hub, where factories and suppliers depend heavily on gensets to ensure operational continuity amid grid instability and weather-related disruptions. The industrial sector’s rising investment in mid- and high-capacity gensets continues to shape the overall market outlook.
Central Bajio Generator Sets Market generated USD 179.2 million in 2024, supported by the region’s dense commercial presence, rapidly expanding industrial infrastructure, and high concentration of manufacturing units, logistics facilities, and corporate establishments. The region’s recurring power reliability issues and high susceptibility to disruptions further elevate the demand for backup solutions. With multiple industrial clusters emerging in states such as Guanajuato, Querétaro, and Mexico City, Central Mexico remains the strategic core of generator set deployment in the country.
Major companies shaping the Mexico Generator Sets Market landscape include Caterpillar, Cummins, Generac Power Systems, Atlas Copco, Honda Motor, Mitsubishi Heavy Industries, IGSA Power, Rehlko, FG Wilson, Selmec, Evans, GH Power México, Kirloskar Oil Engines, Rolls-Royce plc, JCB, Briggs & Stratton, and other regional players. These companies are leveraging technological upgrades, diversified product portfolios, and strong dealer networks to enhance reliability, efficiency, and customer support, thereby strengthening their competitive positioning in Mexico’s generator sets ecosystem. Companies in the Mexico Generator Sets Market are reinforcing their market presence through product diversification, capacity expansion, and stronger localized service networks. Leading players are prioritizing high-efficiency diesel and gas generators, integrating advanced electronic control systems, improved load-management technologies, and hybrid-ready engines to meet rising demand for reliable, low-emission power solutions. Strategic partnerships with OEMs, distributors, and regional engineering firms help companies strengthen after-sales support and broaden market reach.
Market growth is driven by escalating electricity demand, rising weather-related power outages, and the expansion of commercial and industrial infrastructure across the country. Increasing reliance on continuous power for data centers, hospitals, manufacturing facilities, and remote industrial operations is accelerating genset adoption. Additionally, Mexico’s growing construction activity, new industrial hubs, and the surge in nearshoring investments are strengthening generator set deployment across key economic corridors. The market is also benefiting from greater acceptance of hybrid and gas-powered systems as the country seeks reliable, lower-emission alternatives to traditional diesel-based solutions.
By power rating, the >330–750 kVA segment generated USD 125.5 million in 2024, owing to its widespread use in large-scale commercial structures, industrial complexes, and data centers that require uninterrupted high-capacity backup systems. These gensets are preferred for their strong load-handling capability, high durability, and suitability for mission-critical applications. Their ability to sustain stable electrical performance during outages makes them a popular choice among major industries undergoing rapid modernization and capacity expansion across Mexico’s industrial zones.
By application, the industrial segment reached USD 277.8 million in 2024, driven by Mexico’s fast-growing manufacturing, mining, automotive, and oil & gas operations. Industrial facilities operate continuous production lines that cannot afford downtime, resulting in robust demand for both standby and prime-power generators. This segment benefits from Mexico’s strengthening position as a nearshoring hub, where factories and suppliers depend heavily on gensets to ensure operational continuity amid grid instability and weather-related disruptions. The industrial sector’s rising investment in mid- and high-capacity gensets continues to shape the overall market outlook.
Central Bajio Generator Sets Market generated USD 179.2 million in 2024, supported by the region’s dense commercial presence, rapidly expanding industrial infrastructure, and high concentration of manufacturing units, logistics facilities, and corporate establishments. The region’s recurring power reliability issues and high susceptibility to disruptions further elevate the demand for backup solutions. With multiple industrial clusters emerging in states such as Guanajuato, Querétaro, and Mexico City, Central Mexico remains the strategic core of generator set deployment in the country.
Major companies shaping the Mexico Generator Sets Market landscape include Caterpillar, Cummins, Generac Power Systems, Atlas Copco, Honda Motor, Mitsubishi Heavy Industries, IGSA Power, Rehlko, FG Wilson, Selmec, Evans, GH Power México, Kirloskar Oil Engines, Rolls-Royce plc, JCB, Briggs & Stratton, and other regional players. These companies are leveraging technological upgrades, diversified product portfolios, and strong dealer networks to enhance reliability, efficiency, and customer support, thereby strengthening their competitive positioning in Mexico’s generator sets ecosystem. Companies in the Mexico Generator Sets Market are reinforcing their market presence through product diversification, capacity expansion, and stronger localized service networks. Leading players are prioritizing high-efficiency diesel and gas generators, integrating advanced electronic control systems, improved load-management technologies, and hybrid-ready engines to meet rising demand for reliable, low-emission power solutions. Strategic partnerships with OEMs, distributors, and regional engineering firms help companies strengthen after-sales support and broaden market reach.
Table of Contents
289 Pages
- Chapter 1 Methodology
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.1.3 Base estimates and calculations
- 1.1.4 Base year calculation
- 1.1.5 Market estimates & forecasts parameters
- 1.1.6 Key trends for market estimates
- 1.2 Market definitions
- 1.3 Forecast
- 1.4 Primary research and validation
- 1.5 Some of the primary sources (but not limited to)
- 1.6 Data mining sources
- 1.6.1 Secondary
- 1.6.1.1 Paid sources
- 1.6.1.2 Source by region
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2021 - 2034
- 2.2 Business trends
- 2.3 Power rating trends
- 2.4 Fuel trends
- 2.5 End use trends
- 2.6 Application trends
- 2.7 Sales channel trends
- 2.8 Regional trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Raw material availability & sourcing analysis
- 3.1.2 Manufacturing capacity assessment
- 3.1.3 Supply chain resilience & risk factors
- 3.1.4 Distribution network analysis
- 3.2 Regulatory landscape
- 3.2.1 International
- 3.2.1.1 ISO 8528-1:2018
- 3.2.1.2 IOGP S-714
- 3.2.1.3 IOGP S-714D
- 3.2.1.4 IOGP S-714Q
- 3.2.1.5 IOGP S-714L
- 3.2.1.6 EPA Emissions Standards for Natural Gas and Diesel Generators
- 3.2.1.7 Safety standard for generators
- 3.2.1.8 EPA Tier Generator Regulations
- 3.2.1.9 CARB Standards
- 3.2.1.10 Occupational safety & health administration (OSHA) standards
- 3.2.1.11 Grounding requirements for generators
- 3.2.1.12 Code of Federal Regulations Part 1407
- 3.2.1.13 Consumer Product Safety Commission
- 3.2.1.14 Diesel Generator EPA Standards
- 3.2.1.15 Natural Gas Generator EPA Standards
- 3.2.2 Mexico
- 3.2.2.1 Mexico Emissions Inventory Program Manuals
- 3.2.2.2 NOM-003-SCFI-2014 Electrical Products - Safety Requirements
- 3.2.2.3 UL 674 standard for safety
- 3.2.2.4 Mexican Energy Reforms
- 3.2.2.5 Mexico's National Emissions Registry Regulation
- 3.2.2.6 Diesel Emissions Reduction Act (DERA) - New Mexico Implementation
- 3.2.2.7 Proposed Non-Road Diesel Engine Emissions Standard (PROY-NOM-174-SEMARNAT-2024)
- 3.3 Industry impact forces
- 3.3.1 Market growth drivers
- 3.3.1.1 Surging frequency & intensity of weather-related disasters
- 3.3.1.2 Expansion of the data center industry and its mounting outage cost
- 3.3.1.3 Growing construction sector
- 3.3.1.4 Rapid industrialization & increasing infrastructural investments
- 3.3.2 Industry pitfall & challenges
- 3.3.2.1 High initial investment
- 3.3.2.2 Shifting trends toward renewable power generation
- 3.4 Growth potential analysis
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
- 3.7 Cost structure analysis of generator sets
- 3.8 Price trend analysis
- 3.8.1 By power rating
- 3.8.2 By application
- 3.9 Future market outlook & emerging opportunities
- 3.10 Technology trends & innovations
- 3.10.1 Digitalization and IoT integration
- 3.10.2 Emerging market penetration
- Chapter 4 Competitive Landscape, 2025
- 4.1 Introduction
- 4.2 Company market share analysis, 2024
- 4.3 Strategic dashboard
- 4.3.1 Generac Power Systems
- 4.3.1.1 Award/recognition
- 4.3.1.2 Acquisition
- 4.3.1.3 Joint venture
- 4.3.2 Rehlko
- 4.3.2.1 Partnership
- 4.3.3 Deere & Company
- 4.3.3.1 Business expansion
- 4.3.4 HIMOINSA
- 4.3.4.1 Acquisition
- 4.3.5 Rolls-Royce plc
- 4.3.5.1 Installation/supply
- 4.3.6 Cummins
- 4.3.6.1 Business expansion
- 4.3.6.2 Partnership
- 4.3.7 Atlas Copco AB
- 4.3.7.1 Acquisition
- 4.3.8 Caterpillar
- 4.3.8.1 Partnership
- 4.3.9 Briggs & Stratton
- 4.3.9.1 Acquisition
- 4.3.10 Sterling and Wilson Renewable Energy Limited
- 4.3.10.1 Partnership
- 4.3.11 Mitsubishi Heavy Industries
- 4.3.11.1 Joint venture
- 4.3.12 Kirloskar Oil Engines Limited
- 4.3.12.1 Agreement
- 4.3.13 IGSA Power
- 4.3.13.1 Partnership
- 4.4 Strategic initiatives
- 4.5 Company benchmarking
- 4.6 Innovation & sustainability landscape
- 4.6.1 Generac Power Systems
- 4.6.2 Kirloskar Oil Engines Limited
- 4.6.3 HIMOINSA
- 4.6.4 Aggreko
- 4.6.5 Atlas Copco AB
- 4.6.6 Briggs & Stratton
- 4.6.7 Caterpillar
- 4.6.8 Cummins
- 4.6.9 Mitsubishi Heavy Industries
- 4.6.10 Rolls Royce plc
- 4.6.11 Sterling and Wilson Renewable Energy Limited
- Chapter 5 Market Size and Forecast, By Power Rating, 2021 - 2034 (Units & USD Million)
- 5.1 Key trends
- 5.2 ⤠50 kVA
- 5.3 > 50 kVA - 125 kVA
- 5.4 > 125 kVA - 200 kVA
- 5.5 > 200 kVA - 330 kVA
- 5.6 > 330 kVA - 750 kVA
- 5.7 > 750 kVA - 1,500 kVA
- 5.8 > 1,500 kVA - 2,250 kVA
- 5.9 > 2,250 kVA - 3,000 kVA
- Chapter 6 Market Size and Forecast, By Fuel, 2021 - 2034 (Units & USD Million)
- 6.1 Key trends
- 6.2 Diesel
- 6.3 Gas
- 6.4 Gasoline
- 6.5 Hybrid
- Chapter 7 Market Size and Forecast, By End Use, 2021 - 2034 (Units & USD Million)
- 7.1 Key trends
- 7.2 Residential
- 7.3 Commercial
- 7.4 Industrial
- Chapter 8 Market Size and Forecast, By Application, 2021 - 2034 (Units & USD Million)
- 8.1 Key trends
- 8.2 Standby
- 8.3 Peak shaving
- 8.4 Prime/continuous
- Chapter 9 Market Size and Forecast, By Sales Channel, 2021 - 2034 (Units & USD Million)
- 9.1 Key trends
- 9.2 Online
- 9.3 Dealer
- 9.4 Retail
- Chapter 10 Market Size and Forecast, By Region, 2021 - 2034 (Units & USD Million)
- 10.1 Key trends
- 10.2 Northern Border
- 10.3 Central BajÃo
- 10.4 Mexico City Metropolitan
- 10.5 Southern Region
- Chapter 11 Company Profiles
- 11.1 Aggreko
- 11.1.1 Financial Data
- 11.1.2 Product Landscape
- 11.1.3 Strategic Outlook
- 11.1.4 SWOT Analysis
- 11.2 Atlas Copco AB
- 11.2.1 Financial Data
- 11.2.2 Product Landscape
- 11.2.3 Strategic Outlook
- 11.2.4 SWOT Analysis
- 11.3 Brilltech
- 11.3.1 Financial Data
- 11.3.2 Product Landscape
- 11.3.3 SWOT Analysis
- 11.4 Briggs & Stratton
- 11.4.1 Financial Data
- 11.4.2 Product Landscape
- 11.4.3 Strategic Outlook
- 11.4.4 SWOT Analysis
- 11.5 Caterpillar
- 11.5.1 Financial Data
- 11.5.2 Product Landscape
- 11.5.3 Strategic Outlook
- 11.5.4 SWOT Analysis
- 11.6 Cummins
- 11.6.1 Financial Data
- 11.6.2 Product Landscape
- 11.6.3 Strategic Outlook
- 11.6.4 SWOT Analysis
- 11.7 Deere & Company
- 11.7.1 Financial Data
- 11.7.2 Product Landscape
- 11.7.3 Strategic Outlook
- 11.7.4 SWOT Analysis
- 11.8 FG Wilson
- 11.8.1 Financial Data
- 11.8.2 Product Landscape
- 11.8.3 SWOT Analysis
- 11.9 Generac Power Systems, Inc.
- 11.9.1 Financial Data
- 11.9.2 Product Landscape
- 11.9.3 Strategic Outlook
- 11.9.4 SWOT Analysis
- 11.10 General Power Limited
- 11.10.1 Financial Data
- 11.10.2 Product Landscape
- 11.10.3 SWOT Analysis
- 11.11 GenMANN Generators
- 11.11.1 Financial Data
- 11.11.2 Product Landscape
- 11.11.3 SWOT Analysis
- 11.12 HIMOINSA
- 11.12.1 Financial Data
- 11.12.2 Product Landscape
- 11.12.3 Strategic Outlook
- 11.12.4 SWOT Analysis
- 11.13 Honda Motor Co., Ltd.
- 11.13.1 Financial Data
- 11.13.2 Product Landscape
- 11.13.3 SWOT Analysis
- 11.14 J C Bamford Excavators
- 11.14.1 Financial Data
- 11.14.2 Product Landscape
- 11.14.3 SWOT Analysis
- 11.15 Kirloskar Oil Engines Limited
- 11.15.1 Financial Data
- 11.15.2 Product Landscape
- 11.15.3 Strategic Outlook
- 11.15.4 SWOT Analysis
- 11.16 MITSUBISHI HEAVY INDUSTRIES
- 11.16.1 Financial Data
- 11.16.2 Product Landscape
- 11.16.3 Strategic Outlook
- 11.16.4 SWOT Analysis
- 11.17 Rehlko
- 11.17.1 Financial Data
- 11.17.2 Product Landscape
- 11.17.3 Strategic Outlook
- 11.17.4 SWOT Analysis
- 11.18 Rolls-Royce plc
- 11.18.1 Financial Data
- 11.18.2 Product Landscape
- 11.18.3 SWOT Analysis
- 11.19 Sterling and Wilson Renewable Energy Limited
- 11.19.1 Financial Data
- 11.19.2 Product Landscape
- 11.19.3 Strategic Outlook
- 11.19.4 SWOT Analysis
- 11.20 Wärtsilä
- 11.20.1 Financial Data
- 11.20.2 Product Landscape
- 11.20.3 SWOT Analysis
- 11.21 Yamaha Motor Co.
- 11.21.1 Financial Data
- 11.21.2 Product Landscape
- 11.21.3 SWOT Analysis
- 11.22 YANMAR HOLDINGS CO., LTD.
- 11.22.1 Financial Data
- 11.22.2 Product Landscape
- 11.22.3 SWOT Analysis
- 11.23 Genesal Energy
- 11.23.1 Financial Data
- 11.23.2 Product Landscape
- 11.23.3 SWOT Analysis
- 11.24 Potencia Industrial
- 11.24.1 Financial Data
- 11.24.2 Product Landscape
- 11.24.3 SWOT Analysis
- 11.25 Ottomotores, S.A. de C.V.
- 11.25.1 Financial Data
- 11.25.2 Product Landscape
- 11.25.3 SWOT Analysis
- 11.26 Generación y Potencia
- 11.26.1 Financial Data
- 11.26.2 Product Landscape
- 11.26.3 SWOT Analysis
- 11.27 Selmec
- 11.27.1 Financial Data
- 11.27.2 Product Landscape
- 11.27.3 SWOT Analysis
- 11.28 IGSA Power
- 11.28.1 Financial Data
- 11.28.2 Product Landscape
- 11.28.3 Strategic Outlook
- 11.28.4 SWOT Analysis
- 11.29 Planelec
- 11.29.1 Financial Data
- 11.29.2 Product Landscape
- 11.29.3 SWOT Analysis
- 11.30 Evans
- 11.30.1 Financial Data
- 11.30.2 Product Landscape
- 11.30.3 SWOT Analysis
- 11.31 GH POWER México
- 11.31.1 Financial Data
- 11.31.2 Product Landscape
- 11.31.3 SWOT Analysis
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