Generator Sets Market Size & Share, by Power Rating (≤ 50 kVA, > 50 kVA - 125 kVA, > 125 kVA - 200 kVA, > 200 kVA - 330 kVA, > 330 kVA - 750 kVA, > 750 kVA); Fuel (Diesel, Gas, Hybrid); End-user (Residential, Commercial, Industrial); Application (Standby, Peak Shaving, Prime/Continuous) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4766
  • Published Date: Mar 29, 2023
  • Report Format: PDF, PPT

Companies Dominating the Generator Sets Market

    • Atlas Copco AB
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Caterpillar
    • Cummins Inc.
    • Generac Power Systems, Inc.
    • General Electric
    • Briggs & Stratton, LLC
    • AKSA Power Generation
    • Cooper Corporation
    • Kohler Co.
    • Rolls-Royce plc

Browse Key Market Insights with Data Illustration:


In The News

  • For clients in North America, Cummins Inc. has added 175kW and 200kW natural gas standby generator sets that are now available for ordering. These two new generator sets are a part of Cummins' ongoing efforts to invest in cutting-edge, environmentally friendly technology as part of its Destination Zero plan, which aims to achieve zero emissions across all of its products.

  • Rolls-Royce plc was intended to offer long-term service support for all mtu generator sets that power the Royal Navy fleet in the United Kingdom. An agreement covering the preventative and corrective maintenance of more than 90 mtu engines for the following five years was signed by the Rolls-Royce business unit Power Systems and the UK Ministry of Defence's Defence Equipment & Support organization. A two-year extension option is part of the deal, which is a first for Power Systems.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 4766
  • Published Date: Mar 29, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growth in production of emission by thermal power plant, rise in number of data centers, surge in production of fuel, and others.

The market size of generator sets is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.

Growing adoption of renewable source of energy, require high investment to set generator, and stringent government regulations in order to reduce the emission 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.

The major players in the market are Atlas Copco AB, Caterpillar, Cummins Inc., Generac Power Systems, Inc., and more.

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 power rating, fuel, end-use, application, and by region.

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