
Latin America Genset Market Research Report Information by Portability (Stationary and Portable), by Fuel (Diesel, Gas, and Other), by End User (Industrial, Commercial, and Residential), by Power Rating (less than 50 KW, 50-280 KW, 281-500 KW, and up to 1
Description
The Latin American Genset Market is anticipated to demonstrate a substantial compound annual growth rate (CAGR) of 5.5% during the review period.
The demand for the genset market in Latin America is being significantly influenced by the expansion of the construction sector. The demand for residential and commercial infrastructure is on the rise as urbanization and population growth continue, which in turn stimulates construction activities. This increase in construction is accompanied by an increase in investments in a variety of projects, such as infrastructure development, commercial complexes, and residential buildings. These projects necessitate dependable electricity sources to guarantee uninterrupted operations. The construction sites are frequently situated in underdeveloped or remote regions with restricted access to the electricity infrastructure. Consistent and dependable power is necessary for the operation of heavy machinery, tools, and lighting in large infrastructure projects, including airports, highways, bridges, railways, and residential or commercial structures. Gensets are the primary source of power in numerous instances, ensuring that critical construction activities don't experience delays because of power outages or restricted grid access.
Market Segmentation
The Latin American genset market has been divided into stationary and portable segments based on portability. In 2023, the stationary segment dominated the Latin American genset market with a value share of 87.93%. It is anticipated to experience a compound annual growth rate (CAGR) of 5.3% during the forecast period.
The Latin American genset market has been segmented into diesel, gas, and other fuels. In 2023, the diesel segment held the majority of the Latin American genset market, with a value share of 72.46%. It is anticipated to experience a compound annual growth rate (CAGR) of 4.7% during the forecast period.
The Latin American genset market has been segmented into industrial, commercial, and residential segments based on the end-user. By value, the commercial segment dominated the Latin America genset market in 2023, with a share of 44.92%. It is anticipated to experience a compound annual growth rate (CAGR) of 6.6% during the forecast period.
The Latin American genset market has been segmented into four categories: less than 50 KW, 50-280 KW, 281-500 KW, and up to 1000 KW, all of which are based on power ratings. In 2023, the 50-280 KW segment dominated the Latin American genset market with a value share of 38.63%. It is anticipated to experience a compound annual growth rate (CAGR) of 5.2% during the forecast period.
The Latin American genset market has been segmented into three categories: standby, peak reduction, and continuous, as determined by its application. In 2023, the Standby segment held the majority of the Latin American genset market, with a value share of 66.64%. It is anticipated to experience a compound annual growth rate (CAGR) of 5.5% during the forecast period.
Major Players
Cummins Inc., Caterpillar, Inc., Mitsubishi Heavy Industries, Generac Holdings Inc., Atlas Copco, MTU Onsite Energy, Wartsila, Yanmar Co. Ltd., and ABB Ltd. are the primary participants in the Latin America Genset Market.
The demand for the genset market in Latin America is being significantly influenced by the expansion of the construction sector. The demand for residential and commercial infrastructure is on the rise as urbanization and population growth continue, which in turn stimulates construction activities. This increase in construction is accompanied by an increase in investments in a variety of projects, such as infrastructure development, commercial complexes, and residential buildings. These projects necessitate dependable electricity sources to guarantee uninterrupted operations. The construction sites are frequently situated in underdeveloped or remote regions with restricted access to the electricity infrastructure. Consistent and dependable power is necessary for the operation of heavy machinery, tools, and lighting in large infrastructure projects, including airports, highways, bridges, railways, and residential or commercial structures. Gensets are the primary source of power in numerous instances, ensuring that critical construction activities don't experience delays because of power outages or restricted grid access.
Market Segmentation
The Latin American genset market has been divided into stationary and portable segments based on portability. In 2023, the stationary segment dominated the Latin American genset market with a value share of 87.93%. It is anticipated to experience a compound annual growth rate (CAGR) of 5.3% during the forecast period.
The Latin American genset market has been segmented into diesel, gas, and other fuels. In 2023, the diesel segment held the majority of the Latin American genset market, with a value share of 72.46%. It is anticipated to experience a compound annual growth rate (CAGR) of 4.7% during the forecast period.
The Latin American genset market has been segmented into industrial, commercial, and residential segments based on the end-user. By value, the commercial segment dominated the Latin America genset market in 2023, with a share of 44.92%. It is anticipated to experience a compound annual growth rate (CAGR) of 6.6% during the forecast period.
The Latin American genset market has been segmented into four categories: less than 50 KW, 50-280 KW, 281-500 KW, and up to 1000 KW, all of which are based on power ratings. In 2023, the 50-280 KW segment dominated the Latin American genset market with a value share of 38.63%. It is anticipated to experience a compound annual growth rate (CAGR) of 5.2% during the forecast period.
The Latin American genset market has been segmented into three categories: standby, peak reduction, and continuous, as determined by its application. In 2023, the Standby segment held the majority of the Latin American genset market, with a value share of 66.64%. It is anticipated to experience a compound annual growth rate (CAGR) of 5.5% during the forecast period.
Major Players
Cummins Inc., Caterpillar, Inc., Mitsubishi Heavy Industries, Generac Holdings Inc., Atlas Copco, MTU Onsite Energy, Wartsila, Yanmar Co. Ltd., and ABB Ltd. are the primary participants in the Latin America Genset Market.
Table of Contents
135 Pages
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Revenue Analysis Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 3.9 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increasing Number Of Power Outages
- 4.2.2 Growing Construction Industry
- 4.2.3 Rising Demand For Uninterrupted & Reliable Power Supply
- 4.3 Restraints
- 4.3.1 Stringent Government Laws
- 4.3.2 High Upfront Cost
- 4.4 Opportunity
- 4.4.1 Rising Rural Electrification
- 4.4.2 Expansion Of Telecommunication And Data Cener Industry In Latin America
- 4.5 Impact Analysis Of Covid-19
- 4.5.1 Impact On Overall Energy Power
- 4.5.2 Impact On Latin America Genset Market
- 4.5.3 Impact On Supply Chain Of Genset Market
- 4.5.4 Impact On Market Demand Of Genset
- 4.5.5 Impact On Pricing Of Genset Market
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Raw Material Suppliers
- 5.1.2 Manufacturers
- 5.1.3 Distribution And Sales Channel
- 5.1.4 End Users
- 5.2 Porter’s Five Forces Model
- 5.2.1 Bargaining Power Of Suppliers
- 5.2.2 Bargaining Power Of Buyers
- 5.2.3 Threat Of New Entrants
- 5.2.4 Threat Of Substitutes
- 5.2.5 Intensity Of Rivalry
- 6 Latin America Genset Market, By Portability
- 6.1 Overview
- 6.2 Stationary
- 6.3 Portable
- 7 Latin America Genset Market, By Fuel
- 7.1 Introduction
- 7.2 Diesel
- 7.3 Gas
- 7.4 Others
- 8 Latin America Genset Market, By End User
- 8.1 Introduction
- 8.2 Industrial
- 8.3 Commercial
- 8.4 Residential
- 9 Latin America Genset Market, By Power Rating
- 9.1 Introduction
- 9.2 Less Than 50 Kw
- 9.3 50-280 Kw
- 9.4 281-500 Kw
- 9.5 Up To 1000 Kw
- 10 Latin America Genset Market, By Application
- 10.1 Introduction
- 10.2 Standby
- 10.3 Peak Shaving
- 10.4 Continuous
- 11 Latin America Genset Market, By Country
- 11.1 Overview
- 11.2 Brazil
- 11.3 Mexico
- 11.4 Argentina
- 11.5 Colombia
- 11.6 Chile
- 11.7 Peru
- 11.8 Rest Of Latin America
- 12 Competitive Landscape
- 12.1 Introduction
- 12.2 Market Share Analysis, 2023
- 12.3 Brazil Market Share Analysis, 2023
- 12.4 Mexico Market Share Analysis, 2023
- 12.5 Competitor Dashboard
- 12.6 Key Developments & Growth Strategies
- 12.6.1 Product Developments
- 12.6.2 Merger And Acquisition
- 13 Company Profiles
- 13.1 Caterpillar Inc.
- 13.1.1 Company Overview
- 13.1.2 Financial Overview
- 13.1.3 Products Offered
- 13.1.4 Key Developments
- 13.1.5 Swot Analysis
- 13.1.6 Key Strategy
- 13.2 Cummins Inc.
- 13.2.1 Company Overview
- 13.2.2 Financial Overview
- 13.2.3 Products Offered
- 13.2.4 Key Developments
- 13.2.5 Swot Analysis
- 13.2.6 Key Strategy
- 13.3 Mitsubishi Heavy Industries, Ltd.
- 13.3.1 Company Overview
- 13.3.2 Financial Overview
- 13.3.3 Products Offered
- 13.3.4 Key Developments
- 13.3.5 Swot Analysis
- 13.3.6 Key Strategy
- 13.4 Generac Holdings Inc.
- 13.4.1 Company Overview
- 13.4.2 Financial Overview
- 13.4.3 Products Offered
- 13.4.4 Key Developments
- 13.4.5 Swot Analysis
- 13.4.6 Key Strategy
- 13.5 Kohler Co.
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategy
- 13.6 Atlas Copco
- 13.6.1 Company Overview
- 13.6.2 Financial Overview
- 13.6.3 Products Offered
- 13.6.4 Key Developments
- 13.6.5 Swot Analysis
- 13.6.6 Key Strategy
- 13.7 Mtu Onsite Energy
- 13.7.1 Company Overview
- 13.7.2 Financial Overview
- 13.7.3 Products Offered
- 13.7.4 Key Developments
- 13.7.5 Swot Analysis
- 13.7.6 Key Strategy
- 13.8 Wartsila
- 13.8.1 Company Overview
- 13.8.2 Financial Overview
- 13.8.3 Products Offered
- 13.8.4 Key Developments
- 13.8.5 Swot Analysis
- 13.8.6 Key Strategy
- 13.9 Yanmar Co. Ltd.
- 13.9.1 Company Overview
- 13.9.2 Financial Overview
- 13.9.3 Products Offered
- 13.9.4 Key Developments
- 13.9.5 Swot Analysis
- 13.9.6 Key Strategy
- 13.10 Abb Ltd.
- 13.10.1 Company Overview
- 13.10.2 Financial Overview
- 13.10.3 Products Offered
- 13.10.4 Key Developments
- 13.10.5 Swot Analysis
- 13.10.6 Key Strategy
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 2 Latin America Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 3 Latin America Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 4 Latin America Genset Market, By End User, 2018-2034 (Usd Million)
- Table 5 Latin America Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 6 Latin America Genset Market, By Application, 2018-2034 (Usd Million)
- Table 7 Latin America Genset Market, By Country, 2018-2034 (Usd Million)
- Table 8 Brazil Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 9 Brazil Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 10 Brazil Genset Market, By End User, 2018-2034 (Usd Million)
- Table 11 Brazil Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 12 Brazil Genset Market, By Application, 2018-2034 (Usd Million)
- Table 13 Mexico Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 14 Mexico Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 15 Mexico Genset Market, By End User, 2018-2034 (Usd Million)
- Table 16 Mexico Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 17 Mexico Genset Market, By Application, 2018-2034 (Usd Million)
- Table 18 Argentina Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 19 Argentina Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 20 Argentina Genset Market, By End User, 2018-2034 (Usd Million)
- Table 21 Argentina Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 22 Argentina Genset Market, By Application, 2018-2034 (Usd Million)
- Table 23 Colombia Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 24 Colombia Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 25 Colombia Genset Market, By End User, 2018-2034 (Usd Million)
- Table 26 Colombia Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 27 Colombia Genset Market, By Application, 2018-2034 (Usd Million)
- Table 28 Chile Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 29 Chile Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 30 Chile Genset Market, By End User, 2018-2034 (Usd Million)
- Table 31 Chile Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 32 Chile Genset Market, By Application, 2018-2034 (Usd Million)
- Table 33 Peru Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 34 Peru Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 35 Peru Genset Market, By End User, 2018-2034 (Usd Million)
- Table 36 Peru Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 37 Peru Genset Market, By Application, 2018-2034 (Usd Million)
- Table 38 Rest Of Latin America Genset Market, By Portability, 2018-2034 (Usd Million)
- Table 39 Rest Of Latin America Genset Market, By Fuel, 2018-2034 (Usd Million)
- Table 40 Rest Of Latin America Genset Market, By End User, 2018-2034 (Usd Million)
- Table 41 Rest Of Latin America Genset Market, By Power Rating, 2018-2034 (Usd Million)
- Table 42 Rest Of Latin America Genset Market, By Application, 2018-2034 (Usd Million)
- Table 43 Product Developments
- Table 44 Merger And Acquisition
- Table 45 Caterpillar Inc.: Products Offered
- Table 46 Caterpillar Inc.: Key Developments
- Table 47 Cummins Inc.: Products Offered
- Table 48 Cummins Inc.: Key Developments
- Table 49 Mitsubishi Heavy Industries, Ltd.: Products Offered
- Table 50 Mitsubishi Heavy Industries, Ltd.: Key Developments
- Table 51 Generac Holdings Inc.: Products Offered
- Table 52 Kohler Co.: Products Offered
- Table 53 Kohler Co.: Key Developments
- Table 54 Atlas Copco: Products Offered
- Table 55 Atlas Copco: Key Developments
- Table 56 Mtu Onsite Energy: Products Offered
- Table 57 Wartsila, Ltd.: Products Offered
- Table 58 Yanmar Co. Ltd.: Products Offered
- Table 59 Abb: Products Offered
- Table 60 Abb.: Key Developments
- List Of Figures
- Figure 1 Infrastructure Industry In Mexico, 2019 & 2023, (In Usd Billion)
- Figure 2 Latin America Genset Market Snapshot, 2023-2034
- Figure 3 Latin America Genset Market: Structure
- Figure 4 Latin America Genset Market: Market Growth Factor Analysis (2023-2034)
- Figure 5 Brazil Annual Electricity Generation Capacity Per Source, 2019-2023, (In Megawatts)
- Figure 6 Infrastructure Industry In Mexico, 2019 & 2023, (In Usd Billion)
- Figure 7 Driver Impact Analysis (2024-2034)
- Figure 8 Restraint Impact Analysis (2024-2034)
- Figure 9 Supply Chain Analysis: Latin America Genset Market
- Figure 10 Porter’s Five Forces Model: Latin America Genset Market
- Figure 11 Latin America Genset Market, By Portability, Segment Analysis
- Figure 12 Latin America Genset Market, By Rating, 2023 (% Share)
- Figure 13 Latin America Genset Market, By Fuel, Segment Analysis
- Figure 14 Latin America Genset Market, By Fuel, 2023 (% Share)
- Figure 15 Latin America Genset Market, By End User, Segment Analysis
- Figure 16 Latin America Genset Market, By End User, 2023 (% Share)
- Figure 17 Latin America Genset Market, By Power Rating, Segment Analysis
- Figure 18 Latin America Genset Market, By Power Rating, 2023 (% Share)
- Figure 19 Latin America Genset Market, By Application, Segment Analysis
- Figure 20 Latin America Genset Market, By Application, 2023 (% Share)
- Figure 21 Latin America Genset Market, By Country, 2023 (% Share)
- Figure 22 Latin America Genset Market Players: Competitive Analsis, 2023
- Figure 23 Brazil Genset Market Players: Competitive Analsis, 2023
- Figure 24 Mexico Genset Market Players: Competitive Analsis, 2023
- Figure 25 Competitor Dashboard: Latin America Genset Market
- Figure 26 Caterpillar Inc.: Financial Overview Snapshot
- Figure 27 Caterpillar Inc.: Swot Analysis
- Figure 28 Cummins Inc.: Financial Overview Snapshot
- Figure 29 Cummins Inc.: Swot Analysis
- Figure 30 Mitsubishi Heavy Industries, Ltd.: Financial Overview Snapshot
- Figure 31 Mitsubishi Heavy Industries, Ltd.: Swot Analysis
- Figure 32 Generac Holdings Inc.: Financial Overview Snapshot
- Figure 33 Generac Holdings Inc.: Swot Analysis
- Figure 34 Kohler Co.: Swot Analysis
- Figure 35 Atlas Copco: Financial Overview Snapshot
- Figure 36 Atlas Copco: Swot Analysis
- Figure 37 Mtu Onsite Energy: Financial Overview Snapshot
- Figure 38 Mtu Onsite Energy: Swot Analysis
- Figure 39 Wartsila, Ltd: Financial Overview Snapshot
- Figure 40 Wartsila: Swot Analysis
- Figure 41 Yanmar Co. Ltd.: Financial Overview Snapshot
- Figure 42 Yanmar Co. Ltd.: Analysis
- Figure 43 Abb: Financial Overview Snapshot
- Figure 44 Abb: Swot Analysis
Pricing
Currency Rates
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