Genset Market Research Report - Global Forecast to 2030

Genset Market Information Report: Information by Power Rating, kVA (Up to 100, 100-350, 350-1000, above 1000) Fuel Type (Natural Gas, Diesel, Propane) Application (Standby Power, Peak Shaving, Prime/Continuous Power) End-Use (Industrial, Commercial, Residential) by Region - Global Forecast to 2030

ID: MRFR/E&P/1177-HCR | August 2022 | Region: Global | 111 Pages         

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market size Estimation

3.4 Forecast Model

3.5 List of Assumptions

4 Market Landscape

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat of New Entrants

5.5.2 Bargaining Power of Buyers

5.5.3 Bargaining Power of Suppliers

5.5.4 Threat of Substitutes

5.5.5 Intensity of Rivalry

5.6 Value Chain/Supply Chain Analysis

6 Global Genset Market, By Power Rating

6.1 Introduction

6.2 Up to 100 kVA

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, By Region, 2020-2027

6.3 100–350 kVA

6.3.1 Market Estimates & Forecast, By Region, 2020-2027

6.3.2 Market Estimates & Forecast, By Region, 2020-2027

6.4 350–1000 kVA

6.4.1 Market Estimates & Forecast, By Region, 2020-2027

6.4.2 Market Estimates & Forecast, By Region, 2020-2027

6.5 Above 1000 kVA

6.5.1 Market Estimates & Forecast, By Region, 2020-2027

6.5.2 Market Estimates & Forecast, By Region, 2020-2027

7 Global Genset Market, By Fuel Type

7.1 Introduction

7.2 Natural Gas

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, By Region, 2020-2027

7.2.3 Diesel

7.2.3.1 Market Estimates & Forecast, 2020-2027

7.2.3.2 Market Estimates & Forecast, By Region, 2020-2027

7.2.4 Propane

7.2.4.1 Market Estimates & Forecast, 2020-2027

7.2.4.2 Market Estimates & Forecast, By Region, 2020-2027

7.2.5 Others

7.2.5.1 Market Estimates & Forecast, 2020-2027

7.2.5.2 Market Estimates & Forecast, By Region, 2020-2027

8 Global Genset Market, By Application

8.1 Introduction

8.2 Standby Power

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, By Region, 2020-2027

8.3 Peak Shaving

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, By Region, 2020-2027

8.4 Prime or Continuous Power

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, By Region, 2020-2027

9 Global Genset Market, By End-Use

9.1 Introduction

9.2 Industrial

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast, By Region, 2020-2027

9.3 Commercial

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast, By Region, 2020-2027

9.4 Residential

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast, By Region, 2020-2027

10 Global Genset Market, By Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.2.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.2.3 Market Estimates & Forecast, By Application, 2020-2027

10.2.4 Market Estimates & Forecast, By Country, 2020-2027

10.2.5 US

10.2.5.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.2.5.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.2.5.3 Market Estimates & Forecast, By Application, 2020-2027

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.2.6.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.2.6.3 Market Estimates & Forecast, By Application, 2020-2027

10.2.7 Mexico

10.2.7.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.2.7.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.2.7.3 Market Estimates & Forecast, By Application, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.3 Market Estimates & Forecast, By Application, 2020-2027

10.3.4 Market Estimates & Forecast, By Country, 2020-2027

10.3.5 Russia

10.3.5.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.5.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.5.3 Market Estimates & Forecast, By Application, 2020-2027

10.3.6 UK

10.3.6.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.6.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.6.3 Market Estimates & Forecast, By Application, 2020-2027

10.3.7 France

10.3.7.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.7.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.7.3 Market Estimates & Forecast, By Application, 2020-2027

10.3.8 Italy

10.3.8.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.8.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.8.3 Market Estimates & Forecast, By Application, 2020-2027

10.3.9 Germany

10.3.9.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.9.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.9.3 Market Estimates & Forecast, By Application, 2020-2027

10.3.10 Rest of Europe

10.3.10.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.3.10.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.3.10.3 Market Estimates & Forecast, By Application, 2020-2027

10.4 Asia-Pacific

10.4.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.4.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.4.3 Market Estimates & Forecast, By Application, 2020-2027

10.4.4 Market Estimates & Forecast, By Country, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.4.5.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.4.5.3 Market Estimates & Forecast, By Application, 2020-2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.4.6.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.4.6.3 Market Estimates & Forecast, By Application, 2020-2027

10.4.7 Australia

10.4.7.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.4.7.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.4.7.3 Market Estimates & Forecast, By Application, 2020-2027

10.4.8 Rest of Asia-Pacific

10.4.8.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.4.8.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.4.8.3 Market Estimates & Forecast, By Application, 2020-2027

10.5 The Middle East & Africa

10.5.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.5.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.5.3 Market Estimates & Forecast, By Application, 2020-2027

10.5.4 Market Estimates & Forecast, By Country, 2020-2027

10.5.5 Saudi Arabia

10.5.5.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.5.5.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.5.5.3 Market Estimates & Forecast, By Application, 2020-2027

10.5.6 UAE

10.5.6.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.5.6.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.5.6.3 Market Estimates & Forecast, By Application, 2020-2027

10.5.7 South Africa

10.5.7.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.5.7.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.5.7.3 Market Estimates & Forecast, By Application, 2020-2027

10.5.8 Rest of Middle East & Africa

10.5.8.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.5.8.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.5.8.3 Market Estimates & Forecast, By Application, 2020-2027

10.6 South America

10.6.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.6.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.6.3 Market Estimates & Forecast, By Application, 2020-2027

10.6.4 Market Estimates & Forecast, By Country, 2020-2027

10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.6.5.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.6.5.3 Market Estimates & Forecast, By Application, 2020-2027

10.6.6 Argentina

10.6.6.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.6.6.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.6.6.3 Market Estimates & Forecast, By Application, 2020-2027

10.6.7 Rest of South America

10.6.7.1 Market Estimates & Forecast, By Power Rating, 2020-2027

10.6.7.2 Market Estimates & Forecast, By Fuel Type, 2020-2027

10.6.7.3 Market Estimates & Forecast, By Application, 2020-2027

11 Competitive Landscape

11.1 Competitive Benchmarking of the Global Genset Market

11.2 Market Share Analysis: Global Genset Market

11.3 New Product Development in Genset Market

11.4 Mergers & Acquisitions in Genset Market

11.5 Partnership/Collaboration/Joint Ventures in Genset Market

11.6 Contracts & Agreements in Genset Market

11.7 Expansions & Investments in Genset Market

12 Company Profile

13 Company Profiles

13.1 Caterpillar

13.1.1 Company Overview

13.1.2 Product/Services Offering

13.1.3 Financial Overview

13.1.4 Key Developments

13.1.5 Strategy

13.1.6 SWOT Analysis

13.2 Cummins

13.2.1 Company Overview

13.2.2 Product /Services Offering

13.2.3 Financial Overview

13.2.4 Key Developments

13.2.5 Strategy

13.2.6 SWOT Analysis

13.3 Wartsila

13.3.1 Company Overview

13.3.2 Product /Services Offering

13.3.3 Financial Overview

13.3.4 Key Developments

13.3.5 Strategy

13.3.6 SWOT Analysis

13.4 Siemens

13.4.1 Company Overview

13.4.2 Product /Services Offering

13.4.3 Financial Overview

13.4.4 Key Developments

13.4.5 Strategy

13.4.6 SWOT Analysis

13.5 General Electric

13.5.1 Company Overview

13.5.2 Product /Services Offering

13.5.3 Financial Overview

13.5.4 Key Developments

13.5.5 Strategy

13.5.6 SWOT Analysis

13.6 ABB Ltd

13.6.1 Company Overview

13.6.2 Product /Services Offering

13.6.3 Financial Overview

13.6.4 Key Developments

13.6.5 Strategy

13.6.6 SWOT Analysis

13.7 PARAMAC

13.7.1 Company Overview

13.7.2 Product /Services Offering

13.7.3 Financial Overview

13.7.4 Key Developments

13.7.5 Strategy

13.7.6 SWOT Analysis

13.8 Generac Holdings Inc.

13.8.1 Company Overview

13.8.2 Product /Services Offering

13.8.3 Financial Overview

13.8.4 Key Developments

13.8.5 Strategy

13.8.6 SWOT Analysis

13.9 Kohler Co.

13.9.1 Company Overview

13.9.2 Product /Services Offering

13.9.3 Financial Overview

13.9.4 Key Developments

13.9.5 Strategy

13.9.6 SWOT Analysis

13.10 MTU Onsite Energy

13.10.1 Company Overview

13.10.2 Product /Services Offering

13.10.3 Financial Overview

13.10.4 Key Developments

13.10.5 Strategy

13.10.6 SWOT Analysis

13.11 Mitsubishi Heavy Industries

13.11.1 Company Overview

13.11.2 Product /Services Offering

13.11.3 Financial Overview

13.11.4 Key Developments

13.11.5 Strategy

13.11.6 SWOT Analysis

13.12 Kirloskar Electric Company

13.12.1 Company Overview

13.12.2 Product /Services Offering

13.12.3 Financial Overview

13.12.4 Key Developments

13.12.5 Strategy

13.12.6 SWOT Analysis

13.13 Yanmar Co.Ltd.

13.13.1 Company Overview

13.13.2 Product /Services Offering

13.13.3 Financial Overview

13.13.4 Key Developments

13.13.5 Strategy

13.13.6 SWOT Analysis

13.14 Himoinsa S.L.

13.14.1 Company Overview

13.14.2 Product /Services Offering

13.14.3 Financial Overview

13.14.4 Key Developments

13.14.5 Strategy

13.14.6 SWOT Analysis


List of Tables




Table 1 Global Genset Market, By Region, 2020-2027 (USD Million)

Table 2 North America Genset Market, By Country, 2020-2027 (USD Million)

Table 3 Europe Genset Market, By Country, 2020-2027 (USD Million)

Table 4 Asia-Pacific Genset Market, By Country, 2020-2027 (USD Million)

Table 5 The Middle East & Africa Genset Market, By Country, 2020-2027 (USD Million)

Table 6 South America Genset Market, By Country, 2020-2027 (USD Million)

Table 7 Global Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 8 North America Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 9 Europe Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 10 Asia-Pacific Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 11 The Middle East & Africa Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 12 South America Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 13 Global Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 14 North America Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 15 Europe Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 16 Asia-Pacific Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 17 The Middle East & Africa Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 18 South America Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 19 Global Genset Market, By Application, 2020-2027 (USD Million)

Table 20 North America Genset Market, By Application, 2020-2027 (USD Million)

Table 21 Europe Genset Market, By Application, 2020-2027 (USD Million)

Table 22 Asia-Pacific Genset Market, By Application, 2020-2027 (USD Million)

Table 23 The Middle East & Africa Genset Market, By Application, 2020-2027 (USD Million)

Table 24 South America Genset Market, By Application, 2020-2027 (USD Million)

Table 25 Global Genset Market, By End-Use, 2020-2027 (USD Million)

Table 26 North America Genset Market, By End-Use, 2020-2027 (USD Million)

Table 27 Europe Genset Market, By End-Use, 2020-2027 (USD Million)

Table 28 Asia-Pacific Genset Market, By End-Use, 2020-2027 (USD Million)

Table 29 The Middle East & Africa Genset Market, By End-Use, 2020-2027 (USD Million)

Table 30 South America Genset Market, By End-Use, 2020-2027 (USD Million)

Table 31 Global Genset Market: By Region, 2020-2027 (USD Million)

Table 32 North America Genset Market, By Country, 2020-2027 (USD Million)

Table 33 North America Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 34 North America Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 35 North America Genset Market, By Application, 2020-2027 (USD Million)

Table 36 North America Genset Market, By End-Use, 2020-2027 (USD Million)

Table 37 US Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 38 US Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 39 US Genset Market, By Application, 2020-2027 (USD Million)

Table 40 US Genset Market, By End-Use, 2020-2027 (USD Million)

Table 41 Canada Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 42 Canada Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 43 Canada Genset Market, By Application, 2020-2027 (USD Million)

Table 44 Canada Genset Market, By End-Use, 2020-2027 (USD Million)

Table 45 Mexico Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 46 Mexico Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 47 Mexico Genset Market, By Application, 2020-2027 (USD Million)

Table 48 Mexico Genset Market, By End-Use, 2020-2027 (USD Million)

Table 49 Europe Genset Market, By Country, 2020-2027 (USD Million)

Table 50 Europe Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 51 Europe Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 52 Europe Genset Market, By Application, 2020-2027 (USD Million)

Table 53 Europe Genset Market, By End-Use, 2020-2027 (USD Million)

Table 54 UK Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 55 UK Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 56 UK Genset Market, By Application, 2020-2027 (USD Million)

Table 57 UK Genset Market, By End-Use, 2020-2027 (USD Million)

Table 58 Russia Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 59 Russia Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 60 Russia Genset Market, By Application, 2020-2027 (USD Million)

Table 61 Russia Genset Market, By End-Use, 2020-2027 (USD Million)

Table 62 France Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 63 France Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 64 France Genset Market, By Application, 2020-2027 (USD Million)

Table 65 France Genset Market, By End-Use, 2020-2027 (USD Million)

Table 66 Germany Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 67 Germany Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 68 Germany Genset Market, By Application, 2020-2027 (USD Million)

Table 69 Germany Genset Market, By End-Use, 2020-2027 (USD Million)

Table 70 Italy Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 71 Italy Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 72 Italy Genset Market, By Application, 2020-2027 (USD Million)

Table 73 Italy Genset Market, By End-Use, 2020-2027 (USD Million)

Table 74 Rest of Europe Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 75 Rest of Europe Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 76 Rest of Europe Genset Market, By Application, 2020-2027 (USD Million)

Table 77 Rest of Europe Genset Market, By End-Use, 2020-2027 (USD Million)

Table 78 Asia-Pacific Genset Market, By Country, 2020-2027 (USD Million)

Table 79 Asia-Pacific Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 80 Asia-Pacific Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 81 Asia-Pacific Genset Market, By Application, 2020-2027 (USD Million)

Table 82 China Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 83 China Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 84 China Genset Market, By Application, 2020-2027 (USD Million)

Table 85 China Genset Market, By End-Use, 2020-2027 (USD Million)

Table 86 India Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 87 India Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 88 India Genset Market, By Application, 2020-2027 (USD Million)

Table 89 India Genset Market, By End-Use, 2020-2027 (USD Million)

Table 90 Australia Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 91 Australia Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 92 Australia Genset Market, By Application, 2020-2027 (USD Million)

Table 93 Australia Genset Market, By End-Use, 2020-2027 (USD Million)

Table 94 Rest of Asia-Pacific Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 95 Rest of Asia-Pacific Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 96 Rest of Asia-Pacific Genset Market, By Application, 2020-2027 (USD Million)

Table 97 Rest of Asia-Pacific Genset Market, By End-Use, 2020-2027 (USD Million)

Table 98 The Middle East & Africa Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 99 The Middle East & Africa Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 100 The Middle East & Africa Genset Market, By Application, 2020-2027 (USD Million)

Table 101 The Middle East & Africa Genset Market, By Region, 2020-2027 (USD Million)

Table 102 Saudi Arabia Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 103 Saudi Arabia Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 104 Saudi Arabia Genset Market, By Application, 2020-2027 (USD Million)

Table 105 Saudi Arabia Genset Market, By End-Use, 2020-2027 (USD Million)

Table 106 UAE Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 107 UAE Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 108 UAE Genset Market, By Application, 2020-2027 (USD Million)

Table 109 UAE Genset Market, By End-Use, 2020-2027 (USD Million)

Table 110 South Africa Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 111 South Africa Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 112 South Africa Genset Market, By Application, 2020-2027 (USD Million)

Table 113 South Africa Genset Market, By End-Use, 2020-2027 (USD Million)

Table 114 Rest of Middle East & Africa Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 115 Rest of Middle East & Africa Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 116 Rest of Middle East & Africa Genset Market, By Application, 2020-2027 (USD Million)

Table 117 Rest of Middle East & Africa Genset Market, By End-Use, 2020-2027 (USD Million)

Table 118 South America Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 119 South America Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 120 South America Genset Market, By Application, 2020-2027 (USD Million)

Table 121 South America Genset Market, By End-Use, 2020-2027 (USD Million)

Table 122 South America Genset Market, By Country, 2020-2027 (USD Million)

Table 123 Brazil Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 124 Brazil Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 125 Brazil Genset Market, By Application, 2020-2027 (USD Million)

Table 126 Brazil Genset Market, By End-Use, 2020-2027 (USD Million)

Table 127 Argentina Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 128 Argentina Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 129 Argentina Genset Market, By Application, 2020-2027 (USD Million)

Table 130 Argentina Genset Market, By End-Use, 2020-2027 (USD Million)

Table 131 Rest of South America Genset Market, By Power Rating, 2020-2027 (USD Million)

Table 132 Rest of South America Genset Market, By Fuel Type, 2020-2027 (USD Million)

Table 133 Rest of South America Genset Market, By Application, 2020-2027 (USD Million)

Table 134 Rest of South America Genset Market, By End-Use, 2020-2027 (USD Million)



List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL GENSET MARKET SHARE, BY POWER RATING, 2020 (%)

FIGURE 9 GLOBAL GENSET MARKET, BY POWER RATING, 2020-2027 (USD Million)

FIGURE 10 GLOBAL GENSET MARKET SHARE, BY FUEL TYPE, 2020 (%)

FIGURE 11 GLOBAL GENSET MARKET, BY FUEL TYPE, 2020-2027 (USD Million)

FIGURE 10 GLOBAL GENSET MARKET SHARE, BY APPLICATION, 2020 (%)

FIGURE 11 GLOBAL GENSET MARKET, BY APPLICATION, 2020-2027 (USD Million)

FIGURE 10 GLOBAL GENSET MARKET SHARE, BY END-USE, 2020 (%)

FIGURE 11 GLOBAL GENSET MARKET, BY END-USE, 2020-2027 (USD Million)

FIGURE 14 GLOBAL GENSET MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL GENSET MARKET, BY REGION, 2020-2027 (USD Million)

FIGURE 14 NORTH AMERICA GENSET MARKET SHARE (%), 2020

FIGURE 15 NORTH AMERICA GENSET MARKET, BY COUNTRY, 2020-2027 (USD Million)

FIGURE 16 EUROPE GENSET MARKET SHARE (%), 2020

FIGURE 17 EUROPE GENSET MARKET, BY COUNTRY, 2020-2027 (USD Million)

FIGURE 18 ASIA PACIFIC GENSET MARKET SHARE (%), 2020

FIGURE 19 ASIA PACIFIC GENSET MARKET, BY COUNTRY, 2020-2027 (USD Million)

FIGURE 20 MIDDLE EAST & AFRICA GENSET MARKET SHARE (%), 2020

FIGURE 21 MIDDLE EAST & AFRICA GENSET MARKET, BY REGION, 2020-2027 (USD Million)

FIGURE 20 SOUTH AMERICA GENSET MARKET SHARE (%), 2020

FIGURE 21 SOUTH AMERICA GENSET MARKET, BY REGION, 2020-2027 (USD Million)

Genset Market

Genset Market is projected to be worth USD 26.37 Billion by 2027, registering a CAGR of 5.30% during the forecast period (2021 - 2027),

Segmentation

By Power Rating Up To 100 100 350 350 1000 Above 1000
By Fuel Type Natural Gas Diesel Propane
By Application Standby Power Peak Shaving Prime/Continuous Power
By End-Use Industrial Commercial Residential

Key Players

  • Caterpillar
  • Cummins
  • Wartsila
  • Siemens
  • General Electric
  • ABB Ltd
  • PARAMAC
  • Generac Holdings Inc.
  • Kohler Co.
  • MTU Onsite Energy
  • Mitsubishi Heavy Industries
  • Kirloskar Electric Company
  • Yanmar Co.Ltd.
  • Himoinsa S.L

Drivers

  • Growing demand for uninterrupted and reliable power supply
  • Growing demand for hybrid diesel gensets
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Genset Market Scenario


Genset Market is projected to be worth USD 26.37 Billion by 2027, registering a CAGR of 5.30% during the forecast period (2021 - 2027), The market was valued at USD 18.64 billion in 2020.


Growing demand for uninterrupted and reliable power supply and growing demand for hybrid diesel gensets are some of the key factors driving the genset market. Also, increasing number of power outages and power failure, especially in developing countries is creating a huge demand for power backup devices, of which genset is a part. Moreover, the revolutionary changes within data center industry in developing regions including Asia-Pacific will also lead to increased number of installed gensets in the premises. The other countries within Asia-Pacific driving the market also include, Malaysia, Singapore, Philippines, Thailand, and Australia. Also, developing economies of Indonesia, the Philippines, and Vietnam will also contribute to be key markets for diesel generator sets in the region. 


Generator Market has been segmented on the basis of power rating, fuel type, application, end-use, and region. Based on end-use, the market is classified into commercial, residential, and industrial. The industrial segment is expected to dominate the  market. The power generation and oil & gas sectors are expected to be the largest end-users for gensets, contributing towards the growth of global market. Moreover, growing industrialization and rising demand for continuous power supply by these industries are expected to drive the genset market globally.


Genset market by region is segmented into Asia Pacific, North America, Europe, and the Middle East & Africa, and South America. Asia-Pacific is expected to hold the largest share during the forecast period owing to increasing number of power outages and the immediate need for continuous power by the growing industrial and commercial sectors. Need for proper grid infrastructure in the region is also expected to drive the demand for market.   


The global genset market is expected to expand at ~5.95% CAGR during the forecast period.


Key Players


The key players of global Genset Market are Caterpillar, Cummins, Wartsila, Siemens, General Electric, ABB Ltd, PARAMAC, Generac Holdings Inc., Kohler Co., MTU Onsite Energy, Mitsubishi Heavy Industries, Kirloskar Electric Company, Yanmar Co.Ltd., and Himoinsa S.L., among others.
Market Segmentation



Global Genset Market


Global Genset Market is expected to witness a moderate growth during the forecast period. Utilities around the world have started to use genset to improve their operations and efficiency. The growing demand for genset is attributed to increasing industrialization, especially in developing countries such as China and India. Generators are becoming popular in commercial and industrial applications as they provide uninterrupted power supply which is an important aspect of any manufacturing facility for uninterrupted production activities. Moreover, factors such as extreme weather conditions, stringent environmental norms, and infrastructural developments are likely to drive the genset market. Asia-Pacific and North America are expected to witness a strong growth for gensets as there is abundant natural gas available in these regions.

Genset is a device that converts mechanical energy into electrical power for various electrical operations. Genset consists of a motor and an alternator which are coupled and inserted in a base with other elements. The other major components of genset include batteries, fuel tank, control panel, and automatic transfer switch. Genset is a cost-effective device with high efficiency and reliability in operation. Gensets are majorly used as backup device to deal with any power failure situation within the industry, grid, and construction site. There are various advantages of a genset which makes it a preferred choice in variety of applications. These advantages include automatic load management system, automatic operation can be initiated locally or remotely using SCADA system, utility paralleling switchgear allowing automatic or manual paralleling, and voltage support in utility mode.    



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: USD 26.37 Billion
  • 2030 : Significant value
  •   CAGR   5.30% CAGR (2022-2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Power Rating, Fuel Type, Application and End-Use
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Caterpillar, Cummins, Wartsila, Siemens, General Electric, ABB Ltd, PARAMAC, Generac Holdings Inc., Kohler Co., MTU Onsite Energy, Mitsubishi Heavy Industries, Kirloskar Electric Company, Yanmar Co.Ltd., and Himoinsa S.L
      Key Market Opportunities   New product launches and R&D Amongst major key Players
      Key Market Drivers

  • Growing demand for uninterrupted and reliable power supply
  • Growing demand for hybrid diesel gensets


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    Frequently Asked Questions (FAQ) :

    The market can achieve a CAGR of 5.95% during the appraisal timeframe.

    The genset market is all set to expand USD 26.37 Billion by 2027 and gain high traction across the globe.

    The most renowned companies in the global market are Wartsila, Himoinsa S.L., Mitsubishi Heavy Industries, General Electric, PARAMAC, Caterpillar, Cummins, Kirloskar Electric Company, Siemens, Yanmar Co.Ltd., ABB Ltd, Kohler Co., MTU Onsite Energy, Generac Holdings Inc., and others.

    Rising industrialization, adverse weather conditions, strict environmental norms and infrastructural developments are leading to market growth in India and China.

    The industrial end-user based segment can dominate the genset market in the near future.