Generator Market – Global Forecast To 2030
발전기 시장 – 연료 유형 (디젤, 가스, LPG, 바이오 연료), 정격 전력 (최대 50kW, 51-280kW, 281-500kW, 501-2000kW, 2001-3500kW, 3500kW 이상), 용도 , 최종 사용자 산업, 디자인, 판매 채널, 지역별 – 2030년까지의 세계 예측
Generator Market by Fuel Type (Diesel, Gas, LPG, Biofuels), Power Rating (Up to 50 kW 51-280 kW, 281-500 kW, 501-2000 kW, 2001-3500 kW, Above 3500 kW), Application, End-User Industry, Design, Sales Channel, Region – Global Forecast to 2030
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2024년11월 |
| 페이지 수 | 371 |
| 도표 수 | 533 |
| 라이센스 | Single User License |
| 가격 | USD 7,150 |
| 구성 | 영문조사보고서 |
Report Overview
The Generator market was valued at USD 24.11 billion in 2024 and is estimated to reach USD 32.98 billion by 2030, registering a CAGR of 5.4% during the forecast period.
발전기 시장은 2024년에 241억 1,000만 달러로 평가되었으며, 2030년까지 329억 8,000만 달러에 이를 것으로 추정되며, 예측 기간 동안 5.4%의 CAGR을 기록합니다.
Increasing demand for uninterrupted and reliable power supply, rapid industrialization owing to the demand for generators, and the rapidly expanding manufacturing sector are expected to drive the demand for generators.
“Fuel cells segment is expected to grow at the highest CAGR during the forecast period.”
The fuel cells segment is growing at the highest CAGR in the generator market by fuel type. Fuel cells have emerged as a promising market by fuel type for generators globally. With their efficient and clean energy conversion process, fuel cell generators play a significant role in meeting the growing demand for sustainable power generation. With ongoing advancements in fuel cell technology, coupled with the growing availability of renewable hydrogen sources, the sales of fuel cell (hydrogen) fuel type generators are expected to continue their upward trend. These generators will play a pivotal role in the global transition to a cleaner and more sustainable energy landscape.
“Commercial segment is expected to emerge as the second largest segment by end-user.”
Commercial segment is expected to become the second largest end user in the Generator market due to the need of uninterrupted operation. Diverse commercial sectors drive the demand for generators, as they are essential for ensuring business continuity and risk mitigation. Industries such as IT & telecom, healthcare, data centers, hospitality, retail, and public infrastructure all recognize the critical need for a reliable power supply. Power outages can lead to substantial financial losses and pose safety risks, making it crucial for these establishments to maintain smooth operations, especially during peak hours or in remote locations where power grids may be less reliable. Generators play a key role in protecting business interests by providing uninterrupted power, thus minimizing potential disruptions and losses.
“China to grow at the highest CAGR for Asia Pacific Generator market.”
China is experiencing the highest growth rate in the generator market due to several factors. The presence of established players in China such as Weichai Holding Group Co., Ltd., along with a large customer base, is among the major factors driving the generator market in China. China is rapidly urbanizing and moving the majority of its population from rural to urban areas, rapid and furious urban growth accelerates demands for infrastructure to support this growth, which necessarily requires more stable and reliable power sources, thereby increasing demand for generators to serve construction sites, industrial areas, and cities using lots of energy.
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
- By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
- By Region: North America- 10%, Europe- 15%, Asia Pacific- 60%, the Middle East & Africa- 10%, and South America- 5%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
Caterpillar (US), Cummins Inc. (US), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries Ltd. (Japan), Generac (US), and Wacker Neuson SE (Germany), Man Energy Solutions (Germany), Briggs & Stratton (US), Atlas Copco (Sweden), Kirloskar (India) are some of the key players in the Generator market.
The study includes an in-depth competitive analysis of these key players in the Generator market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report defines, describes, and forecasts the Generator market by • fuel type (Diesel, Gas, LPG, Biofuels, Coal Gas, Gasoline, Producer Gas, Fuel Cells), application (Standby, Peak Shaving, Prime & Continuous), sales channel (Direct, Indirect), design (Stationary, Portable), power rating (Upto 50 KW, 51–280 KW, 281–500 KW, 501–2,000 KW, 2,001–3,500 KW, Above 3,500 KW), by end user (Industrial, Commercial, and Residential) and by region (North America, South America, Europe, Asia Pacific, and Middle east & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Generator market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the Generator market. Competitive analysis of upcoming startups in the Generator market ecosystem is covered in this report.
Key Benefits of Buying the Report
Analysis of key drivers (Increasing demand for uninterrupted and reliable power supply, Rapid industrialization worldwide, Rising power outages signal global surge in generator demand, Renewable energy integration and Distributed Energy Resource Management Systems optimize grids and boost demand for reliable backup generators), restraints (High operational costs associated with diesel generators, High capital expenditure associated with hydrogen energy storage, and Rise in investments in upgrading T&D infrastructure worldwide), opportunities (Rising adoption of fuel cell generators across several industries for backup power, Increasing deployment of hybrid, bi-fuel, and inverter generators, Government initiatives supporting development of hydrogen economy, and Growing popularity of fuel cell generators), and challenges (Longer start-up times of solid oxide fuel cells, Stringent government regulations pertaining to conventional fuel generators) influences the growth of the generator market.
- Product Development/ Innovation: The developments such as Hybrid generator systems are an emerging technology in the generator market due to their ability to combine traditional generators with renewable energy sources like solar or wind power. This integration helps reduce fuel consumption and emissions by using renewable energy as a primary power source, with the generator providing backup power as needed, leading to cost savings and more efficient operation.
- Market Development: Fuel cells is gaining traction as a clean, versatile energy carrier, offering promising solutions for decarbonizing multiple sectors. Recognizing its potential, governments around the world are introducing policies to encourage the production, distribution, and use of fuels cells. These initiatives are fostering a supportive environment for the development and adoption of clean energy technologies, including fuel cell generators. Clean hydrogen production plays a crucial role in advancing fuel cell generators as sustainable energy alternatives. With the increasing emphasis on hydrogen technologies, the demand for fuel cell generators is expected to grow, driving a shift from traditional fossil fuel-based power generation to cleaner, more sustainable solutions.
- Market Diversification: Cummins is focused on driving revenue growth and improving gross margins by strategically repositioning its product portfolio to maximize long-term shareholder value. In 2024, the company introduced the Centum Series genset, responding to strong market demand. The new models, C2750D6E and C3000D6EB, deliver power outputs of 2750kW and 3000kW, respectively, and are specifically engineered for critical applications, including data centers, healthcare facilities, and wastewater treatment plants. These models offer outstanding performance and consistent reliability, ensuring they meet the stringent requirements of their customers.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Caterpillar (US), Cummins Inc. (US), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries Ltd. (Japan), Generac (US), and Wacker Neuson SE (Germany), Man Energy Solutions (Germany), Briggs & Stratton (US), Atlas Copco (Sweden), Kirloskar (India) among others in the Generator market.
Table of Contents
1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 32
1.3 STUDY SCOPE 33
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 33
1.3.2 INCLUSIONS AND EXCLUSIONS 34
1.3.3 YEARS CONSIDERED 36
1.4 UNIT CONSIDERED 36
1.5 CURRENCY CONSIDERED 36
1.6 LIMITATIONS 36
1.7 STAKEHOLDERS 37
1.8 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 39
2.2.1 SECONDARY AND PRIMARY RESEARCH 40
2.2.2 SECONDARY DATA 40
2.2.2.1 Key data from secondary sources 41
2.2.2.2 List of major secondary sources 41
2.2.3 PRIMARY DATA 41
2.2.3.1 Key data from primary sources 42
2.2.3.2 Key industry insights 42
2.2.3.3 List of primary interview participants 43
2.2.3.4 Breakdown of primaries 43
2.3 MARKET SCOPE 44
2.4 MARKET SIZE ESTIMATION METHODOLOGY 44
2.4.1 BOTTOM-UP APPROACH 44
2.4.1.1 Demand-side analysis 45
2.4.1.2 Regional analysis 46
2.4.1.3 Country-level analysis 46
2.4.1.4 Demand-side assumptions 46
2.4.1.5 Demand-side calculations 46
2.4.2 TOP-DOWN APPROACH 47
2.4.3 SUPPLY-SIDE ANALYSIS 48
2.4.3.1 Supply-side assumptions 49
2.4.3.2 Supply-side calculations 49
2.5 FORECAST ASSUMPTIONS 49
2.6 RISK ANALYSIS 49
2.7 RESEARCH ASSUMPTIONS 50
2.8 RESEARCH LIMITATIONS 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GENERATOR MARKET 56
4.2 GENERATOR MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY 56
4.3 GENERATOR MARKET, BY FUEL TYPE 57
4.4 GENERATOR MARKET, BY APPLICATION 57
4.5 GENERATOR MARKET, BY END USER 57
4.6 GENERATOR MARKET, BY SALES CHANNEL 58
4.7 GENERATOR MARKET, BY DESIGN 58
4.8 GENERATOR MARKET, BY POWER RATING 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 60
5.2.1 DRIVERS 60
5.2.1.1 Increasing demand for uninterrupted and reliable power supply 60
5.2.1.2 Rapid industrialization 61
5.2.1.3 Rising adoption of DERMS 62
5.2.1.4 Increasing power outages 62
5.2.1.5 Integration of renewable energy sources 63
5.2.2 RESTRAINTS 63
5.2.2.1 High operational costs associated with diesel generators 63
5.2.2.2 High capital expenditure related to hydrogen energy storage 64
5.2.2.3 Rise in investments in upgrading T&D infrastructure worldwide 65
5.2.3 OPPORTUNITIES 66
5.2.3.1 Rising adoption of fuel cell generators 66
5.2.3.2 Growing demand for hybrid generators, bi-fuel generators, and inverters 67
5.2.3.3 Government-led initiatives to promote, distribute, and utilize hydrogen 68
5.2.3.4 Emphasis on generating clean power solutions 69
5.2.4 CHALLENGES 70
5.2.4.1 Imposition of strict emission standards 70
5.2.4.2 Long start-up times of solid oxide fuel cells 70
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 70
5.4 PRICING ANALYSIS 71
5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY POWER RATING 71
5.4.2 AVERAGE SELLING PRICE TREND OF GENERATORS, BY REGION 72
5.5 VALUE CHAIN ANALYSIS 72
5.6 ECOSYSTEM ANALYSIS 74
5.7 INVESTMENT AND FUNDING SCENARIO 75
5.8 TECHNOLOGY ANALYSIS 76
5.8.1 KEY TECHNOLOGIES 76
5.8.1.1 IoT 76
5.8.2 ADJACENT TECHNOLOGIES 76
5.8.2.1 Hybrid generator systems 76
5.8.2.2 Thermal energy storage 76
5.9 PATENT ANALYSIS 76
5.10 TRADE ANALYSIS 79
5.10.1 HS CODE 850161 79
5.10.1.1 Export data 79
5.10.1.2 Import data 80
5.10.2 HS CODE 850162 82
5.10.2.1 Export data 82
5.10.2.2 Import data 83
5.10.3 HS CODE 850163 84
5.10.3.1 Export data 84
5.10.3.2 Import data 86
5.10.4 HS CODE 850164 87
5.10.4.1 Export data 87
5.10.4.2 Import data 88
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 90
5.12 CASE STUDY ANALYSIS 90
5.12.1 GENERATOR COMPANY DESIGNED TAILOR STANDBY GENERATOR PACKAGE THAT ENSURED SEAMLESS POWER TRANSITION DURING OUTAGES 90
5.12.2 TGC DESIGNED AND INSTALLED POWER BACKUP SYSTEM USING ADVANCED GENERATOR TECHNOLOGY THAT ENSURED CONSISTENT AND RELIABLE EMERGENCY POWER 91
5.12.3 DTGEN UTILIZED SPECIALIZED EQUIPMENT THAT BOOSTED POWER INFRASTRUCTURE IN QUEEN ELIZABETH UNIVERSITY HOSPITAL 91
5.12.4 PERENNIAL BRITE GLOBAL PROVIDED HIGH-CAPACITY DIESEL GENERATOR RENTAL SERVICE THAT ENABLED RAPID DEPLOYMENT TO ADDRESS URGENT POWER NEEDS 91
5.13 TARIFF AND REGULATORY LANDSCAPE 92
5.13.1 MFN TARIFFS RELATED TO GENERATORS 92
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
5.13.3 GENERATOR MARKET: STANDARDS 98
5.14 PORTER’S FIVE FORCES ANALYSIS 101
5.14.1 BARGAINING POWER OF SUPPLIERS 102
5.14.2 BARGAINING POWER OF BUYERS 102
5.14.3 THREAT OF NEW ENTRANTS 102
5.14.4 THREAT OF SUBSTITUTES 103
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 103
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 103
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 103
5.15.2 BUYING CRITERIA 104
5.16 IMPACT OF AI/GENERATIVE AI ON GENERATOR MARKET 104
5.16.1 AI/GENERATIVE AI APPLICATIONS IN GENERATOR MARKET 104
5.16.2 IMPACT OF AI/GENERATIVE AI, BY END USER AND REGION 105
5.16.3 IMPACT OF AI/GENERATIVE AI IN GENERATOR MARKET, BY REGION 106
5.17 GLOBAL MACROECONOMIC OUTLOOK 106
5.17.1 INTRODUCTION 106
5.17.2 GDP TRENDS AND FORECAST 106
5.17.3 INFLATION 107
5.17.4 MANUFACTURING VALUE ADDED 108
6 GENERATOR MARKET, BY FUEL TYPE 109
6.1 INTRODUCTION 110
6.2 DIESEL 111
6.2.1 SUITABILITY FOR CONSTRUCTION AND MINING OPERATIONS TO DRIVE MARKET 111
6.3 GAS 113
6.3.1 LOW COST AND REDUCED ENVIRONMENTAL IMPACT TO FOSTER MARKET GROWTH 113
6.4 LPG 114
6.4.1 INCREASING DEMAND FOR CLEAN ENERGY TO FOSTER MARKET GROWTH 114
6.5 BIOFUELS 115
6.5.1 LOW CARBON EMISSION TO BOOST DEMAND 115
6.6 COAL GAS 117
6.6.1 EXPANDING INDUSTRIAL SECTOR TO ACCELERATE DEMAND 117
6.7 GASOLINE 118
6.7.1 RISING DEMAND FOR PORTABLE POWER SOURCES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES 118
6.8 PRODUCER GAS 119
6.8.1 REDUCED GREENHOUSE GAS EMISSIONS TO DRIVE MARKET 119
6.9 FUEL CELLS 120
6.9.1 RISING EMPHASIS ON SUSTAINABLE POWER GENERATION TO FOSTER MARKET GROWTH 120
7 GENERATOR MARKET, BY POWER RATING 122
7.1 INTRODUCTION 123
7.2 UP TO 50 KW 124
7.2.1 UP TO 10 KW 126
7.2.1.1 Increasing demand for lightweight and fuel-efficient generators to accelerate demand 126
7.2.2 11–20 KW 126
7.2.2.1 Growing demand for uninterrupted power supply to operate small machines and industrial tools to drive market 126
7.2.3 21–30 KW 127
7.2.3.1 Enhanced mobility in combat zones to boost demand 127
7.2.4 31–40 KW 127
7.2.4.1 Requirement for seamless business continuity and critical infrastructure support across industries to drive market 127
7.2.5 41–50 KW 128
7.2.5.1 Growing demand among healthcare and construction sectors to foster market growth 128
7.3 51–280 KW 128
7.3.1 INCREASING APPLICATION IN REMOTE CONSTRUCTION SITES AND INFRASTRUCTURE DEVELOPMENT PROJECTS TO ACCELERATE DEMAND 128
7.4 281–500 KW 129
7.4.1 RISING APPLICATION IN OIL & GAS AND MINING INDUSTRIES TO BOOST DEMAND 129
7.5 501–2,000 KW 130
7.5.1 GROWING INVESTMENTS IN CHEMICAL PROJECTS TO BOOST DEMAND 130
7.6 2,001–3,500 KW 131
7.6.1 INCREASING IMPLEMENTATION IN DATA CENTERS, HEALTHCARE, AND CRITICAL INFRASTRUCTURE TO DRIVE MARKET 131
7.7 ABOVE 3,500 KW 132
7.7.1 GROWING DEMAND FOR UNINTERRUPTED POWER SUPPLY IN MARINE SECTOR TO FOSTER MARKET GROWTH 132
8 GENERATOR MARKET, BY SALES CHANNEL 134
8.1 INTRODUCTION 135
8.2 DIRECT 135
8.2.1 RISING FOCUS ON COST SAVING TO FUEL MARKET GROWTH 135
8.3 INDIRECT 136
8.3.1 ABILITY TO EXPAND CUSTOMER BASE TO BOOST DEMAND 136
9 GENERATOR MARKET, BY DESIGN 138
9.1 INTRODUCTION 139
9.2 STATIONARY 140
9.2.1 GROWING DEMAND FOR UNINTERRUPTED OPERATIONS TO FOSTER SEGMENTAL GROWTH 140
9.3 PORTABLE 141
9.3.1 INCREASING DEMAND FOR EMERGENCY BACKUP POWER SOURCES TO FUEL MARKET GROWTH 141
10 GENERATOR MARKET, BY APPLICATION 142
10.1 INTRODUCTION 143
10.2 STANDBY 144
10.2.1 INCREASING NEED FOR EMERGENCY POWER DURING BLACKOUTS AND BROWNOUTS TO BOOST DEMAND 144
10.3 PRIME & CONTINUOUS 145
10.3.1 GROWING IMPLEMENTATION IN REMOTE BUILDING SITES AND OFF-GRID LOCATIONS TO ACCELERATE DEMAND 145
10.4 PEAK SHAVING 146
10.4.1 REDUCED ELECTRICITY EXPENSES TO DRIVE MARKET 146
11 GENERATOR MARKET, BY END USER 148
11.1 INTRODUCTION 149
11.2 INDUSTRIAL 150
11.3 UTILITIES/POWER GENERATION 152
11.3.1 SURGING NEED FOR UNINTERRUPTED POWER SUPPLY TO FUEL MARKET GROWTH 152
11.3.2 OIL & GAS 153
11.3.2.1 Rising investments in power generation infrastructure to accelerate demand 153
11.3.3 CHEMICALS & PETROCHEMICALS 155
11.3.3.1 Increasing investments in downstream oil & gas and petrochemical industries to foster market growth 155
11.3.4 MINING & METALS 156
11.3.4.1 Adaptability to remote mining areas in harsh conditions to boost demand 156
11.3.5 MANUFACTURING 157
11.3.5.1 Increasing demand for reliable power during grid instability to drive market 157
11.3.6 MARINE 158
11.3.6.1 Ability to optimize space within vessels to foster segmental growth 158
11.3.7 CONSTRUCTION 159
11.3.7.1 Rising emphasis on providing power at remote construction sites to drive market 159
11.3.8 OTHER INDUSTRIAL END USERS 160
11.4 RESIDENTIAL 162
11.4.1 GROWING NEED FOR POWER BACKUPS IN EXTREME WEATHER CONDITIONS TO ACCELERATE DEMAND 162
11.5 COMMERCIAL 163
11.5.1 HEALTHCARE 165
11.5.1.1 Increasing need to comply with building codes and safety standards to offer lucrative growth opportunities 165
11.5.2 IT & TELECOMMUNICATIONS 167
11.5.2.1 Widespread adoption of smartphones to foster market growth 167
11.5.3 DATA CENTERS 168
11.5.3.1 Growing adoption of clean energy solutions in data centers to boost demand 168
11.5.4 OTHER COMMERCIAL END USERS 169
12 GENERATOR MARKET, BY REGION 171
12.1 INTRODUCTION 172
12.2 NORTH AMERICA 174
12.2.1 US 181
12.2.1.1 Increasing occurrence of weather-related incidents to boost demand 181
12.2.2 CANADA 183
12.2.2.1 Advancements in fuel cell and renewable power generation sectors to foster market growth 183
12.2.3 MEXICO 186
12.2.3.1 Rising urban population to drive market 186
12.3 EUROPE 187
12.3.1 GERMANY 194
12.3.1.1 Transition to hydrogen-powered backup systems to fuel market growth 194
12.3.2 RUSSIA 196
12.3.2.1 Increase in crude oil exports to foster market growth 196
12.3.3 FRANCE 198
12.3.3.1 Increased investments in green industry to accelerate demand 198
12.3.4 UK 200
12.3.4.1 Advent of Industry 4.0 to offer lucrative growth opportunities 200
12.3.5 REST OF EUROPE 202
12.4 ASIA PACIFIC 205
12.4.1 CHINA 212
12.4.1.1 Rapid shift from rural to urban areas to boost demand 212
12.4.2 INDIA 215
12.4.2.1 Rising emphasis on developing clean energy sectors to drive market 215
12.4.3 JAPAN 217
12.4.3.1 Expansion of gas infrastructure to foster market growth 217
12.4.4 AUSTRALIA 219
12.4.4.1 Government-led initiatives to boost solar manufacturing to accelerate demand 219
12.4.5 SOUTH KOREA 222
12.4.5.1 Growing demand for energy-efficient and LNG-powered vessels to drive market 222
12.4.6 NEW ZEALAND 224
12.4.6.1 Increasing emphasis on achieving net-zero goals to foster market growth 224
12.4.7 INDONESIA 226
12.4.7.1 Rising emphasis on generating clean and emission-free electricity to offer lucrative growth opportunities 226
12.4.8 REST OF ASIA PACIFIC 228
12.5 MIDDLE EAST & AFRICA 231
12.5.1 GCC 238
12.5.1.1 Saudi Arabia 238
12.5.1.1.1 Growing number of infrastructure projects to fuel market growth 238
12.5.1.2 UAE 241
12.5.1.2.1 Increasing foreign investments in renewable energy sector to boost demand 241
12.5.1.3 Rest of GCC 243
12.5.2 SOUTH AFRICA 246
12.5.2.1 Rising need to address power outages to fuel market growth 246
12.5.3 NIGERIA 248
12.5.3.1 Increasing demand for uninterrupted power supply to foster market growth 248
12.5.4 ALGERIA 250
12.5.4.1 Growing investments in oil & gas sector to drive market 250
12.5.5 REST OF MIDDLE EAST & AFRICA 252
12.6 SOUTH AMERICA 255
12.6.1 BRAZIL 261
12.6.1.1 Emphasis on net-zero emissions to boost demand 261
12.6.2 ARGENTINA 263
12.6.2.1 Rising number of power outages to drive market 263
12.6.3 REST OF SOUTH AMERICA 265
13 COMPETITIVE LANDSCAPE 269
13.1 INTRODUCTION 269
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 269
13.3 REVENUE ANALYSIS, 2019–2023 270
13.4 MARKET SHARE ANALYSIS, 2023 271
13.5 COMPANY VALUATION AND FINANCIAL METRICS 273
13.6 BRAND/PRODUCT COMPARISON 274
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 275
13.7.1 STARS 275
13.7.2 EMERGING LEADERS 275
13.7.3 PERVASIVE PLAYERS 275
13.7.4 PARTICIPANTS 275
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 277
13.7.5.1 Company footprint 277
13.7.5.2 Region footprint 278
13.7.5.3 Application footprint 279
13.7.5.4 Fuel type footprint 280
13.7.5.5 End user footprint 281
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 282
13.8.1 PROGRESSIVE COMPANIES 282
13.8.2 RESPONSIVE COMPANIES 282
13.8.3 DYNAMIC COMPANIES 282
13.8.4 STARTING BLOCKS 282
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 283
13.8.5.1 Detailed list of key startups/SMEs 283
13.8.5.2 Competitive benchmarking of key startups/SMEs 284
13.9 COMPETITIVE SCENARIO 284
13.9.1 PRODUCT LAUNCHES 284
13.9.2 DEALS 290
13.9.3 EXPANSIONS 291
13.9.4 OTHER DEVELOPMENTS 292
14 COMPANY PROFILES 296
14.1 KEY PLAYERS 296
14.1.1 CATERPILLAR 296
14.1.1.1 Business overview 296
14.1.1.2 Products/Solutions/Services offered 297
14.1.1.3 Recent developments 300
14.1.1.3.1 Product launches 300
14.1.1.3.2 Deals 301
14.1.1.3.3 Other developments 302
14.1.1.4 MnM view 302
14.1.1.4.1 Key strengths/Right to win 302
14.1.1.4.2 Strategic choices 302
14.1.1.4.3 Weaknesses/Competitive threats 302
14.1.2 CUMMINS INC. 303
14.1.2.1 Business overview 303
14.1.2.2 Products/Solutions/Services offered 304
14.1.2.3 Recent developments 307
14.1.2.3.1 Product launches 307
14.1.2.3.2 Deals 308
14.1.2.3.3 Other developments 310
14.1.2.4 MnM view 310
14.1.2.4.1 Key strengths/Right to win 310
14.1.2.4.2 Strategic choices 310
14.1.2.4.3 Weaknesses/Competitive threats 310
14.1.3 MITSUBISHI HEAVY INDUSTRIES, LTD. 311
14.1.3.1 Business overview 311
14.1.3.2 Products/Solutions/Services offered 312
14.1.3.3 Recent developments 313
14.1.3.3.1 Product launches 313
14.1.3.3.2 Deals 314
14.1.3.4 MnM view 314
14.1.3.4.1 Key strengths/Right to win 314
14.1.3.4.2 Strategic choices 314
14.1.3.4.3 Weaknesses/Competitive threats 314
14.1.4 ROLLS-ROYCE PLC 315
14.1.4.1 Business overview 315
14.1.4.2 Products/Solutions/Services offered 316
14.1.4.3 Recent developments 318
14.1.4.3.1 Product launches 318
14.1.4.3.2 Deals 318
14.1.4.3.3 Other developments 320
14.1.4.4 MnM view 320
14.1.4.4.1 Key strengths/Right to win 320
14.1.4.4.2 Strategic choices 320
14.1.4.4.3 Weaknesses/Competitive threats 320
14.1.5 GENERAC POWER SYSTEMS, INC. 321
14.1.5.1 Business overview 321
14.1.5.2 Products/Solutions/Services offered 322
14.1.5.3 Recent developments 324
14.1.5.3.1 Product launches 324
14.1.5.3.2 Deals 325
14.1.5.3.3 Expansions 325
14.1.5.3.4 Other developments 325
14.1.5.4 MnM view 326
14.1.5.4.1 Key strengths/Right to win 326
14.1.5.4.2 Strategic choices 326
14.1.5.4.3 Weaknesses/Competitive threats 326
14.1.6 WÄRTSILÄ 327
14.1.6.1 Business overview 327
14.1.6.2 Products/Solutions/Services offered 328
14.1.6.3 Recent developments 329
14.1.6.3.1 Deals 329
14.1.6.3.2 Other developments 329
14.1.7 WACKER NEUSON SE 330
14.1.7.1 Business overview 330
14.1.7.2 Products/Solutions/Services offered 331
14.1.7.3 Recent developments 332
14.1.7.3.1 Product launches 332
14.1.8 SIEMENS ENERGY 333
14.1.8.1 Business overview 333
14.1.8.2 Products/Solutions/Services offered 334
14.1.8.3 Recent developments 335
14.1.8.3.1 Deals 335
14.1.9 MAN ENERGY SOLUTIONS 336
14.1.9.1 Business overview 336
14.1.9.2 Products/Solutions/Services offered 336
14.1.10 BRIGGS & STRATTON 338
14.1.10.1 Business overview 338
14.1.10.2 Products/Solutions/Services offered 338
14.1.10.3 Recent developments 339
14.1.10.3.1 Product launches 339
14.1.11 ATLAS COPCO AB 340
14.1.11.1 Business overview 340
14.1.11.2 Products/Solutions/Services offered 341
14.1.11.3 Recent developments 342
14.1.11.3.1 Product launches 342
14.1.12 ABB 343
14.1.12.1 Business overview 343
14.1.12.2 Products/Solutions/Services offered 344
14.1.13 KIRLOSKAR 345
14.1.13.1 Business overview 345
14.1.13.2 Products/Solutions/Services offered 346
14.1.13.3 Recent developments 348
14.1.13.3.1 Product launches 348
14.1.14 YANMAR HOLDINGS CO., LTD. 349
14.1.14.1 Business overview 349
14.1.14.2 Products/Solutions/Services offered 349
14.1.14.3 Recent developments 351
14.1.14.3.1 Product launches 351
14.1.14.3.2 Other developments 351
14.1.15 WEICHAI HOLDING GROUP CO., LTD. 352
14.1.15.1 Business overview 352
14.1.15.2 Products/Solutions/Services offered 353
14.2 OTHER PLAYERS 355
14.2.1 GREAVES COTTON LIMITED 355
14.2.2 AKSA POWER GENERATION 356
14.2.3 HONDA INDIA POWER PRODUCTS LTD. 357
14.2.4 DOOSAN BOBCAT 357
14.2.5 MULTIQUIP INC. 358
14.2.6 TAYLOR POWER SYSTEMS, INC 358
14.2.7 AB VOLVO PENTA 359
14.2.8 SHANGHAI DIESEL ENGINE CO., LTD. 359
14.2.9 DEERE & COMPANY 360
14.2.10 DENYO CO., LTD. 361
15 APPENDIX 362
15.1 INSIGHTS FROM INDUSTRY EXPERTS 362
15.2 DISCUSSION GUIDE 363
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 367
15.4 CUSTOMIZATION OPTIONS 369
15.5 RELATED REPORTS 369
15.6 AUTHOR DETAILS 370
LIST OF TABLES
TABLE 1 INCLUSIONS AND EXCLUSIONS: BY FUEL TYPE 34
TABLE 2 INCLUSIONS AND EXCLUSIONS: BY POWER RATING 34
TABLE 3 INCLUSIONS AND EXCLUSIONS: BY SALES CHANNEL 34
TABLE 4 INCLUSIONS AND EXCLUSIONS: BY DESIGN 35
TABLE 5 INCLUSIONS AND EXCLUSIONS: BY END USER 35
TABLE 6 GENERATOR MARKET SNAPSHOT 51
TABLE 7 REGION-WISE DATA ON T&D INFRASTRUCTURE EXPANSION, 2014–2035 65
TABLE 8 TYPES OF FUEL CELL TECHNOLOGIES 67
TABLE 9 AVERAGE SELLING PRICE TREND OF GENERATORS OFFERED BY KEY PLAYERS,
BY POWER RATING, 2021–2023 71
TABLE 10 AVERAGE SELLING PRICE TREND OF GENERATORS, BY REGION,
2021–2025 (USD/UNIT) 72
TABLE 11 ROLE OF COMPANIES IN ECOSYSTEM 74
TABLE 12 LIST OF PATENTS, 2020–2024 77
TABLE 13 EXPORT DATA FOR HS CODE 850161-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 79
TABLE 14 IMPORT DATA FOR HS CODE 850161-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 81
TABLE 15 EXPORT DATA FOR HS CODE 850162-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 82
TABLE 16 IMPORT DATA FOR HS CODE 850162-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 83
TABLE 17 EXPORT DATA FOR HS CODE 850163-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 85
TABLE 18 IMPORT DATA FOR HS CODE 850163-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 86
TABLE 19 EXPORT DATA FOR HS CODE 850164-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 87
TABLE 20 IMPORT DATA FOR HS CODE 850164-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND) 88
TABLE 21 KEY CONFERENCES AND EVENTS, 2024–2025 90
TABLE 22 IMPORT TARIFFS FOR HS CODE 850161-COMPLIANT PRODUCTS, 2023 92
TABLE 23 IMPORT TARIFFS FOR HS CODE 850162-COMPLIANT PRODUCTS, 2023 93
TABLE 24 IMPORT TARIFFS FOR HS CODE 850163-COMPLIANT PRODUCTS, 2023 93
TABLE 25 IMPORT TARIFFS FOR HS CODE 850164-COMPLIANT PRODUCTS, 2023 94
TABLE 26 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 27 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 28 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 96
TABLE 29 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 30 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 31 GENERATOR MARKET: STANDARDS 98
TABLE 32 GENERATOR MARKET: PORTER’S FIVE FORCES ANALYSIS 101
TABLE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO DESIGNS 103
TABLE 34 KEY BUYING CRITERIA FOR TOP TWO DESIGNS 104
TABLE 35 GLOBAL GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION) 106
TABLE 36 INFLATION RATE, AVERAGE CONSUMER PRICES, ANNUAL PERCENT CHANGE (2024%) 107
TABLE 37 MANUFACTURING VALUE ADDED, 2023 108
TABLE 38 GENERATOR MARKET, BY FUEL TYPE, 2021–2023 (USD MILLION) 111
TABLE 39 GENERATOR MARKET, BY FUEL TYPE, 2024–2030 (USD MILLION) 111
TABLE 40 DIESEL: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 112
TABLE 41 DIESEL: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 112
TABLE 42 GAS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 113
TABLE 43 GAS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 114
TABLE 44 LPG: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 115
TABLE 45 LPG: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 115
TABLE 46 BIOFUELS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 116
TABLE 47 BIOFUELS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 116
TABLE 48 COAL GAS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 117
TABLE 49 COAL GAS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 118
TABLE 50 GASOLINE: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 119
TABLE 51 GASOLINE: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 119
TABLE 52 PRODUCER GAS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 120
TABLE 53 PRODUCER GAS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 120
TABLE 54 FUEL CELLS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 121
TABLE 55 FUEL CELLS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 121
TABLE 56 GENERATOR MARKET, BY POWER RATING, 2021–2023 (USD MILLION) 123
TABLE 57 GENERATOR MARKET, BY POWER RATING, 2024–2030 (USD MILLION) 124
TABLE 58 UP TO 50 KW: GENERATOR MARKET, BY POWER RATING,
2021–2023 (USD MILLION) 125
TABLE 59 UP TO 50 KW: GENERATOR MARKET, BY POWER RATING,
2024–2030 (USD MILLION) 125
TABLE 60 UP TO 50 KW: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 125
TABLE 61 UP TO 50 KW: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 126
TABLE 62 51–280 KW: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 128
TABLE 63 51–280 KW: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 129
TABLE 64 281–500 KW: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 129
TABLE 65 281–500 KW: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 130
TABLE 66 501–2,000 KW: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 131
TABLE 67 501–2,000 KW: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 131
TABLE 68 2,001–3,500 KW: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 132
TABLE 69 2,001–3,500 KW: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 132
TABLE 70 ABOVE 3,500 KW: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 133
TABLE 71 ABOVE 3,500 KW: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 133
TABLE 72 GENERATOR MARKET, BY SALES CHANNEL, 2021–2023 (USD MILLION) 135
TABLE 73 GENERATOR MARKET, BY SALES CHANNEL, 2024–2030 (USD MILLION) 135
TABLE 74 DIRECT: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 136
TABLE 75 DIRECT: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 136
TABLE 76 INDIRECT: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 137
TABLE 77 INDIRECT: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 137
TABLE 78 GENERATOR MARKET, BY DESIGN, 2021–2023 (USD MILLION) 139
TABLE 79 GENERATOR MARKET, BY DESIGN, 2024–2030 (USD MILLION) 139
TABLE 80 STATIONARY: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 140
TABLE 81 STATIONARY: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 140
TABLE 82 PORTABLE: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 141
TABLE 83 PORTABLE: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 141
TABLE 84 GENERATOR MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 143
TABLE 85 GENERATOR MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 143
TABLE 86 STANDBY: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 145
TABLE 87 STANDBY: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 145
TABLE 88 PRIME & CONTINUOUS: GENERATOR MARKET, BY REGION,
2021–2023 (USD MILLION) 146
TABLE 89 PRIME & CONTINUOUS: GENERATOR MARKET, BY REGION,
2024–2030 (USD MILLION) 146
TABLE 90 PEAK SHAVING: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 147
TABLE 91 PEAK SHAVING: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 147
TABLE 92 GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 149
TABLE 93 GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 149
TABLE 94 GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 151
TABLE 95 GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 151
TABLE 96 INDUSTRIAL: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 151
TABLE 97 INDUSTRIAL: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 152
TABLE 98 UTILITIES/POWER GENERATION: GENERATOR MARKET, BY REGION,
2021–2023 (USD MILLION) 153
TABLE 99 UTILITIES/POWER GENERATION: GENERATOR MARKET, BY REGION,
2024–2030 (USD MILLION) 153
TABLE 100 OIL & GAS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 154
TABLE 101 OIL & GAS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 154
TABLE 102 CHEMICALS & PETROCHEMICALS: GENERATOR MARKET, BY REGION,
2021–2023 (USD MILLION) 155
TABLE 103 CHEMICALS & PETROCHEMICALS: GENERATOR MARKET, BY REGION,
2024–2030 (USD MILLION) 156
TABLE 104 MINING & METALS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 156
TABLE 105 MINING & METALS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 157
TABLE 106 MANUFACTURING: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 157
TABLE 107 MANUFACTURING: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 158
TABLE 108 MARINE: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 158
TABLE 109 MARINE: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 159
TABLE 110 CONSTRUCTION: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 160
TABLE 111 CONSTRUCTION: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 160
TABLE 112 OTHER INDUSTRIAL END USERS: GENERATOR MARKET, BY REGION,
2021–2023 (USD MILLION) 161
TABLE 113 OTHER INDUSTRIAL END USERS: GENERATOR MARKET, BY REGION,
2024–2030 (USD MILLION) 161
TABLE 114 RESIDENTIAL: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 162
TABLE 115 RESIDENTIAL: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 163
TABLE 116 GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 164
TABLE 117 GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 164
TABLE 118 COMMERCIAL: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 165
TABLE 119 COMMERCIAL: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 165
TABLE 120 HEALTHCARE: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 166
TABLE 121 HEALTHCARE: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 166
TABLE 122 IT & TELECOMMUNICATIONS: GENERATOR MARKET, BY REGION,
2021–2023 (USD MILLION) 167
TABLE 123 IT & TELECOMMUNICATIONS: GENERATOR MARKET, BY REGION,
2024–2030 (USD MILLION) 167
TABLE 124 DATA CENTERS: GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 168
TABLE 125 DATA CENTERS: GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 169
TABLE 126 OTHER COMMERCIAL END USERS: GENERATOR MARKET, BY REGION,
2021–2023 (USD MILLION) 169
TABLE 127 OTHER COMMERCIAL END USERS: GENERATOR MARKET, BY REGION,
2024–2030 (USD MILLION) 170
TABLE 128 GENERATOR MARKET, BY REGION, 2021–2023 (USD MILLION) 173
TABLE 129 GENERATOR MARKET, BY REGION, 2024–2030 (USD MILLION) 173
TABLE 130 GENERATOR MARKET, BY REGION, 2021–2023 (THOUSAND UNITS) 174
TABLE 131 GENERATOR MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 174
TABLE 132 NORTH AMERICA: GENERATOR MARKET, BY FUEL TYPE,
2021–2023 (USD MILLION) 175
TABLE 133 NORTH AMERICA: GENERATOR MARKET, BY FUEL TYPE,
2024–2030 (USD MILLION) 176
TABLE 134 NORTH AMERICA: GENERATOR MARKET, BY POWER RATING,
2021–2023 (USD MILLION) 176
TABLE 135 NORTH AMERICA: GENERATOR MARKET, BY POWER RATING,
2024–2030 (USD MILLION) 176
TABLE 136 UP TO 50 KW: GENERATOR MARKET IN NORTH AMERICA, BY POWER RATING, 2021–2023 (USD MILLION) 177
TABLE 137 UP TO 50 KW: GENERATOR MARKET IN NORTH AMERICA, BY POWER RATING, 2024–2030 (USD MILLION) 177
TABLE 138 NORTH AMERICA: GENERATOR MARKET, BY APPLICATION,
2021–2023 (USD MILLION) 177
TABLE 139 NORTH AMERICA: GENERATOR MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 177
TABLE 140 NORTH AMERICA: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 178
TABLE 141 NORTH AMERICA: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 178
TABLE 142 NORTH AMERICA: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 178
TABLE 143 NORTH AMERICA: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 179
TABLE 144 NORTH AMERICA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 179
TABLE 145 NORTH AMERICA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 179
TABLE 146 NORTH AMERICA: GENERATOR MARKET, BY SALES CHANNEL,
2021–2023 (USD MILLION) 179
TABLE 147 NORTH AMERICA: GENERATOR MARKET, BY SALES CHANNEL,
2024–2030 (USD MILLION) 180
TABLE 148 NORTH AMERICA: GENERATOR MARKET, BY DESIGN, 2021–2023 (USD MILLION) 180
TABLE 149 NORTH AMERICA: GENERATOR MARKET, BY DESIGN, 2024–2030 (USD MILLION) 180
TABLE 150 NORTH AMERICA: GENERATOR MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 180
TABLE 151 NORTH AMERICA: GENERATOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 181
TABLE 152 US: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 181
TABLE 153 US: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 182
TABLE 154 US: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 182
TABLE 155 US: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 182
TABLE 156 US: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 183
TABLE 157 US: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 183
TABLE 158 CANADA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 184
TABLE 159 CANADA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 184
TABLE 160 CANADA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 184
TABLE 161 CANADA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 185
TABLE 162 CANADA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 185
TABLE 163 CANADA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 185
TABLE 164 MEXICO: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 186
TABLE 165 MEXICO: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 186
TABLE 166 MEXICO: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 186
TABLE 167 MEXICO: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 187
TABLE 168 MEXICO: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 187
TABLE 169 MEXICO: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 187
TABLE 170 EUROPE: GENERATOR MARKET, BY FUEL TYPE, 2021–2023 (USD MILLION) 188
TABLE 171 EUROPE: GENERATOR MARKET, BY FUEL TYPE, 2024–2030 (USD MILLION) 188
TABLE 172 EUROPE: GENERATOR MARKET, BY POWER RATING, 2021–2023 (USD MILLION) 189
TABLE 173 EUROPE: GENERATOR MARKET, BY POWER RATING, 2024–2030 (USD MILLION) 189
TABLE 174 UP TO 50 KW: GENERATOR MARKET IN EUROPE, BY POWER RATING,
2021–2023 (USD MILLION) 189
TABLE 175 UP TO 50 KW: GENERATOR MARKET IN EUROPE, BY POWER RATING,
2024–2030 (USD MILLION) 190
TABLE 176 EUROPE: GENERATOR MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 190
TABLE 177 EUROPE: GENERATOR MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 190
TABLE 178 EUROPE: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 190
TABLE 179 EUROPE: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 191
TABLE 180 EUROPE: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 191
TABLE 181 EUROPE: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 191
TABLE 182 EUROPE: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 192
TABLE 183 EUROPE: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 192
TABLE 184 EUROPE: GENERATOR MARKET, BY SALES CHANNEL, 2021–2023 (USD MILLION) 192
TABLE 185 EUROPE: GENERATOR MARKET, BY SALES CHANNEL, 2024–2030 (USD MILLION) 192
TABLE 186 EUROPE: GENERATOR MARKET, BY DESIGN, 2021–2023 (USD MILLION) 193
TABLE 187 EUROPE: GENERATOR MARKET, BY DESIGN, 2024–2030 (USD MILLION) 193
TABLE 188 EUROPE: GENERATOR MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 193
TABLE 189 EUROPE: GENERATOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 193
TABLE 190 GERMANY: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 194
TABLE 191 GERMANY: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 194
TABLE 192 GERMANY: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 195
TABLE 193 GERMANY: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 195
TABLE 194 GERMANY: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 195
TABLE 195 GERMANY: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 196
TABLE 196 RUSSIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 196
TABLE 197 RUSSIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 197
TABLE 198 RUSSIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 197
TABLE 199 RUSSIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 197
TABLE 200 RUSSIA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 198
TABLE 201 RUSSIA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 198
TABLE 202 FRANCE: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 199
TABLE 203 FRANCE: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 199
TABLE 204 FRANCE: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 199
TABLE 205 FRANCE: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 200
TABLE 206 FRANCE: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 200
TABLE 207 FRANCE: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 200
TABLE 208 UK: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 201
TABLE 209 UK: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 201
TABLE 210 UK: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 201
TABLE 211 UK: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 202
TABLE 212 UK: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 202
TABLE 213 UK: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 202
TABLE 214 REST OF EUROPE: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 203
TABLE 215 REST OF EUROPE: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 203
TABLE 216 REST OF EUROPE: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 203
TABLE 217 REST OF EUROPE: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 204
TABLE 218 REST OF EUROPE: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 204
TABLE 219 REST OF EUROPE: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 204
TABLE 220 ASIA PACIFIC: GENERATOR MARKET, BY FUEL TYPE, 2021–2023 (USD MILLION) 207
TABLE 221 ASIA PACIFIC: GENERATOR MARKET, BY FUEL TYPE, 2024–2030 (USD MILLION) 207
TABLE 222 ASIA PACIFIC: GENERATOR MARKET, BY POWER RATING,
2021–2023 (USD MILLION) 207
TABLE 223 ASIA PACIFIC: GENERATOR MARKET, BY POWER RATING,
2024–2030 (USD MILLION) 208
TABLE 224 UP TO 50 KW: GENERATOR MARKET IN ASIA PACIFIC, BY POWER RATING,
2021–2023 (USD MILLION) 208
TABLE 225 UP TO 50 KW: GENERATOR MARKET IN ASIA PACIFIC, BY POWER RATING,
2024–2030 (USD MILLION) 208
TABLE 226 ASIA PACIFIC: GENERATOR MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 209
TABLE 227 ASIA PACIFIC: GENERATOR MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 209
TABLE 228 ASIA PACIFIC: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 209
TABLE 229 ASIA PACIFIC: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 209
TABLE 230 ASIA PACIFIC: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 210
TABLE 231 ASIA PACIFIC: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 210
TABLE 232 ASIA PACIFIC: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 210
TABLE 233 ASIA PACIFIC: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 211
TABLE 234 ASIA PACIFIC: GENERATOR MARKET, BY SALES CHANNEL,
2021–2023 (USD MILLION) 211
TABLE 235 ASIA PACIFIC: GENERATOR MARKET, BY SALES CHANNEL,
2024–2030 (USD MILLION) 211
TABLE 236 ASIA PACIFIC: GENERATOR MARKET, BY DESIGN, 2021–2023 (USD MILLION) 211
TABLE 237 ASIA PACIFIC: GENERATOR MARKET, BY DESIGN, 2024–2030 (USD MILLION) 211
TABLE 238 ASIA PACIFIC: GENERATOR MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 212
TABLE 239 ASIA PACIFIC: GENERATOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 212
TABLE 240 CHINA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 213
TABLE 241 CHINA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 213
TABLE 242 CHINA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 214
TABLE 243 CHINA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 214
TABLE 244 CHINA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 214
TABLE 245 CHINA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 215
TABLE 246 INDIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 216
TABLE 247 INDIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 216
TABLE 248 INDIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 216
TABLE 249 INDIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 217
TABLE 250 INDIA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 217
TABLE 251 INDIA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 217
TABLE 252 JAPAN: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 218
TABLE 253 JAPAN: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 218
TABLE 254 JAPAN: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 218
TABLE 255 JAPAN: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 219
TABLE 256 JAPAN: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 219
TABLE 257 JAPAN: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 219
TABLE 258 AUSTRALIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 220
TABLE 259 AUSTRALIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 220
TABLE 260 AUSTRALIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 221
TABLE 261 AUSTRALIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 221
TABLE 262 AUSTRALIA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 221
TABLE 263 AUSTRALIA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 222
TABLE 264 SOUTH KOREA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 222
TABLE 265 SOUTH KOREA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 223
TABLE 266 SOUTH KOREA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 223
TABLE 267 SOUTH KOREA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 223
TABLE 268 SOUTH KOREA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 224
TABLE 269 SOUTH KOREA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 224
TABLE 270 NEW ZEALAND: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 224
TABLE 271 NEW ZEALAND: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 225
TABLE 272 NEW ZEALAND: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 225
TABLE 273 NEW ZEALAND: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 225
TABLE 274 NEW ZEALAND: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 226
TABLE 275 NEW ZEALAND: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 226
TABLE 276 INDONESIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 227
TABLE 277 INDONESIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 227
TABLE 278 INDONESIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 227
TABLE 279 INDONESIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 228
TABLE 280 INDONESIA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 228
TABLE 281 INDONESIA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 228
TABLE 282 REST OF ASIA PACIFIC: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 229
TABLE 283 REST OF ASIA PACIFIC: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 229
TABLE 284 REST OF ASIA PACIFIC: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 229
TABLE 285 REST OF ASIA PACIFIC: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 230
TABLE 286 REST OF ASIA PACIFIC: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 230
TABLE 287 REST OF ASIA PACIFIC: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 230
TABLE 288 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY FUEL TYPE,
2021–2023 (USD MILLION) 231
TABLE 289 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY FUEL TYPE,
2024–2030 (USD MILLION) 232
TABLE 290 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY POWER RATING,
2021–2023 (USD MILLION) 232
TABLE 291 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY POWER RATING,
2024–2030 (USD MILLION) 232
TABLE 292 UP TO 50 KW: GENERATOR MARKET IN MIDDLE EAST & AFRICA, BY POWER RATING, 2021–2023 (USD MILLION) 233
TABLE 293 UP TO 50 KW: GENERATOR MARKET IN MIDDLE EAST & AFRICA, BY POWER RATING, 2024–2030 (USD MILLION) 233
TABLE 294 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY APPLICATION,
2021–2023 (USD MILLION) 233
TABLE 295 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 234
TABLE 296 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 234
TABLE 297 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 234
TABLE 298 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 235
TABLE 299 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 235
TABLE 300 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 235
TABLE 301 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 236
TABLE 302 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY SALES CHANNEL,
2021–2023 (USD MILLION) 236
TABLE 303 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY SALES CHANNEL,
2024–2030 (USD MILLION) 236
TABLE 304 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY DESIGN,
2021–2023 (USD MILLION) 236
TABLE 305 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY DESIGN,
2024–2030 (USD MILLION) 237
TABLE 306 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY COUNTRY,
2021–2023 (USD MILLION) 237
TABLE 307 MIDDLE EAST & AFRICA: GENERATOR MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 237
TABLE 308 GCC: GENERATOR MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 237
TABLE 309 GCC: GENERATOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 238
TABLE 310 SAUDI ARABIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 239
TABLE 311 SAUDI ARABIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 239
TABLE 312 SAUDI ARABIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 239
TABLE 313 SAUDI ARABIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 240
TABLE 314 SAUDI ARABIA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 240
TABLE 315 SAUDI ARABIA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 240
TABLE 316 UAE: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 241
TABLE 317 UAE: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 242
TABLE 318 UAE: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 242
TABLE 319 UAE: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 242
TABLE 320 UAE: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 243
TABLE 321 UAE: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 243
TABLE 322 REST OF GCC: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 244
TABLE 323 REST OF GCC: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 244
TABLE 324 REST OF GCC: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 244
TABLE 325 REST OF GCC: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 245
TABLE 326 REST OF GCC: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 245
TABLE 327 REST OF GCC: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 245
TABLE 328 SOUTH AFRICA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 246
TABLE 329 SOUTH AFRICA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 246
TABLE 330 SOUTH AFRICA: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 247
TABLE 331 SOUTH AFRICA: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 247
TABLE 332 SOUTH AFRICA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 247
TABLE 333 SOUTH AFRICA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 248
TABLE 334 NIGERIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 248
TABLE 335 NIGERIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 249
TABLE 336 NIGERIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 249
TABLE 337 NIGERIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 249
TABLE 338 NIGERIA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 250
TABLE 339 NIGERIA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 250
TABLE 340 ALGERIA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 251
TABLE 341 ALGERIA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 251
TABLE 342 ALGERIA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 251
TABLE 343 ALGERIA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 252
TABLE 344 ALGERIA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 252
TABLE 345 ALGERIA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 252
TABLE 346 REST OF MIDDLE EAST & AFRICA: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 253
TABLE 347 REST OF MIDDLE EAST & AFRICA: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 253
TABLE 348 REST OF MIDDLE EAST & AFRICA: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 254
TABLE 349 REST OF MIDDLE EAST & AFRICA: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 254
TABLE 350 REST OF MIDDLE EAST & AFRICA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 254
TABLE 351 REST OF MIDDLE EAST & AFRICA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 255
TABLE 352 SOUTH AMERICA: GENERATOR MARKET, BY FUEL TYPE,
2021–2023 (USD MILLION) 255
TABLE 353 SOUTH AMERICA: GENERATOR MARKET, BY FUEL TYPE,
2024–2030 (USD MILLION) 256
TABLE 354 SOUTH AMERICA: GENERATOR MARKET, BY POWER RATING,
2021–2023 (USD MILLION) 256
TABLE 355 SOUTH AMERICA: GENERATOR MARKET, BY POWER RATING,
2024–2030 (USD MILLION) 256
TABLE 356 UP TO 50 KW: GENERATOR MARKET IN SOUTH AMERICA, BY POWER RATING, 2021–2023 (USD MILLION) 257
TABLE 357 UP TO 50 KW: GENERATOR MARKET IN SOUTH AMERICA, BY POWER RATING, 2024–2030 (USD MILLION) 257
TABLE 358 SOUTH AMERICA: GENERATOR MARKET, BY APPLICATION,
2021–2023 (USD MILLION) 257
TABLE 359 SOUTH AMERICA: GENERATOR MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 257
TABLE 360 SOUTH AMERICA: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 258
TABLE 361 SOUTH AMERICA: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 258
TABLE 362 SOUTH AMERICA: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 258
TABLE 363 SOUTH AMERICA: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 259
TABLE 364 SOUTH AMERICA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 259
TABLE 365 SOUTH AMERICA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 259
TABLE 366 SOUTH AMERICA: GENERATOR MARKET, BY SALES CHANNEL,
2021–2023 (USD MILLION) 259
TABLE 367 SOUTH AMERICA: GENERATOR MARKET, BY SALES CHANNEL,
2024–2030 (USD MILLION) 260
TABLE 368 SOUTH AMERICA: GENERATOR MARKET, BY DESIGN, 2021–2023 (USD MILLION) 260
TABLE 369 SOUTH AMERICA: GENERATOR MARKET, BY DESIGN, 2024–2030 (USD MILLION) 260
TABLE 370 SOUTH AMERICA: GENERATOR MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 260
TABLE 371 SOUTH AMERICA: GENERATOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 261
TABLE 372 BRAZIL: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 261
TABLE 373 BRAZIL: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 261
TABLE 374 BRAZIL: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 262
TABLE 375 BRAZIL: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 262
TABLE 376 BRAZIL: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 262
TABLE 377 BRAZIL: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 263
TABLE 378 ARGENTINA: GENERATOR MARKET, BY END USER, 2021–2023 (USD MILLION) 264
TABLE 379 ARGENTINA: GENERATOR MARKET, BY END USER, 2024–2030 (USD MILLION) 264
TABLE 380 ARGENTINA: GENERATOR MARKET, BY INDUSTRIAL, 2021–2023 (USD MILLION) 264
TABLE 381 ARGENTINA: GENERATOR MARKET, BY INDUSTRIAL, 2024–2030 (USD MILLION) 265
TABLE 382 ARGENTINA: GENERATOR MARKET, BY COMMERCIAL, 2021–2023 (USD MILLION) 265
TABLE 383 ARGENTINA: GENERATOR MARKET, BY COMMERCIAL, 2024–2030 (USD MILLION) 265
TABLE 384 REST OF SOUTH AMERICA: GENERATOR MARKET, BY END USER,
2021–2023 (USD MILLION) 266
TABLE 385 REST OF SOUTH AMERICA: GENERATOR MARKET, BY END USER,
2024–2030 (USD MILLION) 266
TABLE 386 REST OF SOUTH AMERICA: GENERATOR MARKET, BY INDUSTRIAL,
2021–2023 (USD MILLION) 267
TABLE 387 REST OF SOUTH AMERICA: GENERATOR MARKET, BY INDUSTRIAL,
2024–2030 (USD MILLION) 267
TABLE 388 REST OF SOUTH AMERICA: GENERATOR MARKET, BY COMMERCIAL,
2021–2023 (USD MILLION) 267
TABLE 389 REST OF SOUTH AMERICA: GENERATOR MARKET, BY COMMERCIAL,
2024–2030 (USD MILLION) 268
TABLE 390 GENERATOR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 269
TABLE 391 GENERATOR MARKET: DEGREE OF COMPETITION, 2023 271
TABLE 392 GENERATOR MARKET: REGION FOOTPRINT 278
TABLE 393 GENERATOR MARKET: APPLICATION FOOTPRINT 279
TABLE 394 GENERATOR MARKET: FUEL TYPE FOOTPRINT 280
TABLE 395 GENERATOR MARKET: END USER FOOTPRINT 281
TABLE 396 GENERATOR MARKET: DETAILED LIST OF KEY STARTUPS/SMES 283
TABLE 397 GENERATOR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 284
TABLE 398 GENERATOR MARKET: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024 285
TABLE 399 GENERATOR MARKET: DEALS, JANUARY 2021–JUNE 2024 290
TABLE 400 GENERATOR MARKET: EXPANSIONS, JANUARY 2021–JUNE 2024 291
TABLE 401 GENERATOR MARKET: OTHER DEVELOPMENTS, JANUARY 2021–JUNE 2024 292
TABLE 402 CATERPILLAR: COMPANY OVERVIEW 296
TABLE 403 CATERPILLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 297
TABLE 404 CATERPILLAR: PRODUCT LAUNCHES 300
TABLE 405 CATERPILLAR: DEALS 301
TABLE 406 CATERPILLAR: OTHER DEVELOPMENTS 302
TABLE 407 CUMMINS INC.: COMPANY OVERVIEW 303
TABLE 408 CUMMINS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 304
TABLE 409 CUMMINS INC.: PRODUCT LAUNCHES 307
TABLE 410 CUMMINS INC.: DEALS 308
TABLE 411 CUMMINS INC: OTHER DEVELOPMENTS 310
TABLE 412 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 311
TABLE 413 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 312
TABLE 414 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCT LAUNCHES 313
TABLE 415 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS 314
TABLE 416 ROLLS-ROYCE PLC: COMPANY OVERVIEW 315
TABLE 417 ROLLS-ROYCE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 316
TABLE 418 ROLLS-ROYCE PLC: PRODUCT LAUNCHES 318
TABLE 419 ROLLS-ROYCE PLC: DEALS 318
TABLE 420 ROLLS-ROYCE PLC: OTHER DEVELOPMENTS 320
TABLE 421 GENERAC POWER SYSTEMS, INC.: COMPANY OVERVIEW 321
TABLE 422 GENERAC POWER SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 322
TABLE 423 GENERAC POWER SYSTEMS, INC.: PRODUCT LAUNCHES 324
TABLE 424 GENERAC POWER SYSTEMS, INC.: DEALS 325
TABLE 425 GENERAC POWER SYSTEMS, INC.: EXPANSIONS 325
TABLE 426 GENERAC POWER SYSTEMS, INC.: OTHER DEVELOPMENTS 325
TABLE 427 WÄRTSILÄ: COMPANY OVERVIEW 327
TABLE 428 WÄRTSILÄ: PRODUCTS/SOLUTIONS/SERVICES OFFERED 328
TABLE 429 WÄRTSILÄ: DEALS 329
TABLE 430 WÄRTSILÄ: OTHER DEVELOPMENTS 329
TABLE 431 WACKER NEUSON SE: COMPANY OVERVIEW 330
TABLE 432 WACKER NEUSON SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 331
TABLE 433 WACKER NEUSON SE: PRODUCT LAUNCHES 332
TABLE 434 SIEMENS ENERGY: COMPANY OVERVIEW 333
TABLE 435 SIEMENS ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 334
TABLE 436 SIEMENS ENERGY: DEALS 335
TABLE 437 MAN ENERGY SOLUTIONS: COMPANY OVERVIEW 336
TABLE 438 MAN ENERGY SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 336
TABLE 439 BRIGGS & STRATTON: COMPANY OVERVIEW 338
TABLE 440 BRIGGS & STRATTON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 338
TABLE 441 BRIGGS & STRATTON: PRODUCT LAUNCHES 339
TABLE 442 ATLAS COPCO AB: COMPANY OVERVIEW 340
TABLE 443 ATLAS C0PCO AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 341
TABLE 444 ATLAS COPCO AB: PRODUCT LAUNCHES 342
TABLE 445 ABB: COMPANY OVERVIEW 343
TABLE 446 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 344
TABLE 447 KIRLOSKAR: COMPANY OVERVIEW 345
TABLE 448 KIRLOSKAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 346
TABLE 449 KIRLOSKAR: PRODUCT LAUNCHES 348
TABLE 450 YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW 349
TABLE 451 YANMAR HOLDINGS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 349
TABLE 452 YANMAR HOLDINGS CO., LTD.: PRODUCT LAUNCHES 351
TABLE 453 YANMAR HOLDINGS CO., LTD .: OTHER DEVELOPMENTS 351
TABLE 454 WEICHAI HOLDING GROUP CO., LTD.: COMPANY OVERVIEW 352
TABLE 455 WEICHAI HOLDING GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 353
LIST OF FIGURES
FIGURE 1 GENERATOR MARKET SEGMENTATION AND REGIONAL SCOPE 33
FIGURE 2 GENERATOR MARKET: RESEARCH DESIGN 39
FIGURE 3 DATA TRIANGULATION 40
FIGURE 4 KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR GENERATORS 44
FIGURE 5 GENERATOR MARKET: BOTTOM-UP APPROACH 45
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
FIGURE 7 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF GENERATORS 48
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY-SIDE ANALYSIS): REVENUE GENERATED BY CUMMINS THROUGH SALES OF GENERATORS 48
FIGURE 9 ASIA PACIFIC DOMINATED GLOBAL GENERATOR MARKET IN 2023 52
FIGURE 10 DIESEL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 53
FIGURE 11 STANDBY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 53
FIGURE 12 INDUSTRIAL SEGMENT TO LEAD MARKET IN 2024 54
FIGURE 13 INDIRECT SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2030 54
FIGURE 14 STATIONARY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE MARKET
IN 2030 55
FIGURE 15 51–280 KW POWER RATING SEGMENT TO DOMINATE MARKET IN 2030 55
FIGURE 16 EXPANDING INDUSTRIAL SECTOR TO OFFER LUCRATIVE GROWTH OPPORTUNITIES 56
FIGURE 17 CHINA AND INDUSTRIAL SEGMENTS TO DOMINATE ASIA PACIFIC GENERATOR MARKET 56
FIGURE 18 DIESEL SEGMENT TO DOMINATE MARKET IN 2030 57
FIGURE 19 STANDBY SEGMENT TO LEAD MARKET IN 2030 57
FIGURE 20 RESIDENTIAL SEGMENT DOMINATED MARKET IN 2023 57
FIGURE 21 INDIRECT SALES CHANNEL SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2030 58
FIGURE 22 STATIONARY SEGMENT TO LEAD MARKET IN 2030 58
FIGURE 23 51–280 KW SEGMENT TO DOMINATE MARKET IN 2030 58
FIGURE 24 GENERATOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
FIGURE 25 NET GENERATION OF ELECTRICITY IN US, 2023 61
FIGURE 26 DATA ON WEATHER-RELATED POWER OUTAGES IN US, 2000–2023 62
FIGURE 27 DIESEL PRICES IN US AND EUROPE, 2019–2022 64
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 71
FIGURE 29 AVERAGE SELLING PRICE TREND OF GENERATORS, BY REGION,
2021–2025 (USD/UNIT) 72
FIGURE 30 VALUE CHAIN ANALYSIS 73
FIGURE 31 GENERATOR MARKET: ECOSYSTEM ANALYSIS 74
FIGURE 32 INVESTMENT AND FUNDING SCENARIO, 2018–2024 75
FIGURE 33 PATENTS APPLIED AND GRANTED, 2013–2023 77
FIGURE 34 EXPORT DATA FOR HS CODE 850161-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 80
FIGURE 35 IMPORT DATA FOR HS CODE 850161-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 81
FIGURE 36 EXPORT DATA FOR HS CODE 850162-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 83
FIGURE 37 IMPORT DATA FOR HS CODE 850162-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 84
FIGURE 38 EXPORT DATA FOR HS CODE 850163-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 85
FIGURE 39 IMPORT DATA FOR HS CODE 850163-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 87
FIGURE 40 EXPORT DATA FOR HS CODE 850164-COMPLIANT PRODUCTS, 2019–2023 88
FIGURE 41 IMPORT DATA FOR HS CODE 850164-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 89
FIGURE 42 PORTER’S FIVE FORCES ANALYSIS 102
FIGURE 43 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO DESIGNS 103
FIGURE 44 KEY BUYING CRITERIA FOR TOP TWO DESIGNS 104
FIGURE 45 IMPACT OF AI/GENERATIVE AI, BY END USER AND REGION 105
FIGURE 46 GENERATOR MARKET, BY FUEL TYPE 110
FIGURE 47 GENERATOR MARKET, BY POWER RATING 123
FIGURE 48 GENERATOR MARKET, BY UP TO 50 KW POWER RATING 124
FIGURE 49 GENERATOR MARKET, BY SALES CHANNEL 135
FIGURE 50 GENERATOR MARKET, BY DESIGN 139
FIGURE 51 GENERATOR MARKET, BY APPLICATION 143
FIGURE 52 GENERATOR MARKET, BY END USER 149
FIGURE 53 GENERATOR MARKET, BY INDUSTRIAL 150
FIGURE 54 GENERATOR MARKET, BY COMMERCIAL END USER 164
FIGURE 55 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN GENERATOR MARKET DURING FORECAST PERIOD 172
FIGURE 56 GENERATOR MARKET, BY REGION 173
FIGURE 57 NORTH AMERICA: GENERATOR MARKET SNAPSHOT 175
FIGURE 58 ASIA PACIFIC: GENERATOR MARKET SNAPSHOT 206
FIGURE 59 GENERATOR MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 271
FIGURE 60 SHARE ANALYSIS OF GENERATOR MARKET, 2023 272
FIGURE 61 COMPANY VALUATION 273
FIGURE 62 FINANCIAL METRICS 274
FIGURE 63 BRAND/PRODUCT COMPARISON 274
FIGURE 64 GENERATOR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 276
FIGURE 65 GENERATOR MARKET: COMPANY FOOTPRINT 277
FIGURE 66 GENERATOR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 283
FIGURE 67 CATERPILLAR: COMPANY SNAPSHOT 297
FIGURE 68 CUMMINS INC.: COMPANY SNAPSHOT 304
FIGURE 69 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 312
FIGURE 70 ROLLS-ROYCE PLC: COMPANY SNAPSHOT 316
FIGURE 71 GENERAC POWER SYSTEMS, INC.: COMPANY SNAPSHOT 322
FIGURE 72 WÄRTSILÄ: COMPANY SNAPSHOT 328
FIGURE 73 WACKER NEUSON SE: COMPANY SNAPSHOT 331
FIGURE 74 SIEMENS ENERGY: COMPANY SNAPSHOT 334
FIGURE 75 ATLAS COPCO AB: COMPANY SNAPSHOT 341
FIGURE 76 ABB: COMPANY SNAPSHOT 344
FIGURE 77 KIRLOSKAR: COMPANY SNAPSHOT 346
FIGURE 78 WEICHAI HOLDING GROUP CO., LTD.: COMPANY SNAPSHOT 353
