Black Start Generator Market Analysis

Black Start Generators Segmentation

Fuel Type (Diesel, Gas, Hybrid)

The diesel segment is anticipated to hold over 43% share of the global black start generator market during the forecast year. The demand for diesel black start generators is rising, owing to their many advantages such as fast and efficient reactive time, convenient fuel source, and prolonged life. Furthermore, the low cost and easy maintenance of diesel-based generators are other advantages that are estimated to attract consumers. Black start generators running on diesel require less time to activate during power cuts and are highly reliable which makes them an ideal option in heavy industries.

Application (Power Generation, Hydro, Thermal, Nuclear, Oil & Gas, Manufacturing, Healthcare, IT)

The power generation segment in the black start generator market is set to garner the highest revenue share of 35% through the forecasted timeframe. This can be attributed to the increasing use of these black start generators for power generation. Especially in times of power outages, and blackouts. Additionally, the rising demand for electricity by this segment is attributed to the increase in the utilization rate of black start generators. The global electricity demand is growing by 2% every year and is expected to double by 50% by 2050. Moreover, black start generators have been found extremely useful and convenient in many end-user industries such as oil & gas, manufacturing, healthcare, IT, and others for power generation for their operation.

Power (Below 1,000kW, 1,000kW- 2000kW, 2000kW – 3000kW, above 3000kW)

The 2000kW – 3000kW sub-segment is poised to account for a significant share of the power segment. This power rating helps in providing an electric supply to auxiliary components and ensures smooth and streamlined power throughout the power plant.

Our in-depth analysis of the global market includes the following segments:

Fuel Type	Diesel Gas Hybrid
Power	Below 1,000kW 1,000kW – 2,000kW 2,000kW – 3,000kW Above 3,000kW
Application	Power Generation Hydro Thermal Nuclear Oil & Gas Manufacturing Healthcare IT

Frequently Asked Questions (FAQ)

The increasing need for uninterrupted power supply and rapid growth of the heavy industries is anticipated to bring in lucrative growth opportunities for the expansion of market size.

The market of black start generators is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Cummins Inc., Mitsubishi Heavy Industries, Ltd., Caterpillar Inc., General Electric Company, Generac Holdings Inc., HIMOINSA S.L., J C Bamford Excavators Ltd, Aggreko Ltd, MAN Energy Solutions SE, MTU Onsite Energy., and other key players.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by fuel type, application, power, and by region.

The power generation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Easy availability of alternatives along with the low awareness level about the advantages of black start generator are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Black Start Generator Market Analysis