Sale

Market Trends

Global Generator Sales Market Size, Share, Analysis, Forecast: By Fuel Type: Diesel, Gas, Others; By Power Rating: Below 75 kVA, 75-375 kVA, 376-750 kVA, Above 750 kVA; By Application: Prime and Continuous, Others; By End-User; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Generator Sales Market Trends

Generators are machines that convert mechanical energy into electrical energy as the output over the power lines. Mechanical energy is provided through an outside source, like internal combustion engines, gas turbines, water turbines, and steam turbines. The mechanical energy is then converted to electricity with the help of a generator.

The following trends are driving the growth of the market:

Rapidly Growing Manufacturing Industry

Emerging nations are going through rapid industrialisation and governments are increasing the development of the manufacturing sector as it has played a significant role in economic growth, especially in the Asia Pacific region.

 

Increasing Demand for Backup Power Supply

The rapid growth of industries and increasing urbanisation has led to increased consumption. This situation has propelled businesses and people to stop relying on power grids alone and adopt generators for uninterrupted power supply.

 

Rural Area Electrification

Governments around the world have initiated plans to provide electricity to rural areas as a major portion of the world’s population resides in rural areas, away from access to the main grid. 

 

Generator Sales Market Report Snapshots

Generator Sales Market Size

Generator Sales Market Trends

Generator Sales Market Analysis

Generator Sales Companies

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Generator Sales Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Generator Sales Historical Market (2018-2023) 
    8.3    Global Generator Sales Market Forecast (2024-2032)
    8.4    Global Generator Sales Market by Fuel Type
        8.4.1    Diesel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Gas
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Generator Sales Market by Power Rating
        8.5.1    Below 75 kVA
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    75-375 kVA
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    376-750 kVA
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
        8.5.4    Above 750 kVA
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2023)
            8.5.4.3    Forecast Trend (2024-2032)
    8.6    Global Generator Sales Market by Application
        8.6.1    Prime and Continuous
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Standby
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Peak Shaving
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
    8.7    Global Generator Sales Market by End-User
        8.7.1    Industrial
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023)
            8.7.1.3    Forecast Trend (2024-2032)
            8.7.1.4    Breakup by Type
                8.7.1.4.1    Oil and Gas
                8.7.1.4.2    Chemicals and Petrochemicals
                8.7.1.4.3    Utilities/Power Generation
                8.7.1.4.4    Manufacturing
                8.7.1.4.5    Marine
                8.7.1.4.6    Construction
                8.7.1.4.7    Others
        8.7.2    Commercial
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023)
            8.7.2.3    Forecast Trend (2024-2032)
        8.7.3    Residential
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2023)
            8.7.3.3    Forecast Trend (2024-2032)
    8.8    Global Generator Sales Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2023) 
            8.8.1.3    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2023) 
            8.8.2.3    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2023) 
            8.8.3.3    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2023) 
            8.8.4.3    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2023) 
            8.8.5.3    Forecast Trend (2024-2032)
9    North America Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023) 
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023) 
        9.2.3    Forecast Trend (2024-2032)
10    Europe Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023) 
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023) 
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023) 
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023) 
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023) 
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023) 
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023) 
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023) 
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023) 
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023) 
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023) 
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023) 
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023) 
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023) 
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023) 
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023) 
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Caterpillar Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Generac Power Systems, Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Cummins Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    WeiChai Holdings Group Co., Ltd.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Mitsubishi Heavy Industries, Ltd.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Siemens AG
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    ABB Ltd.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Generator Sales Market: Key Industry Highlights, 2017 and 2021
2.    Global Generator Sales Historical Market: Breakup by Fuel Type (USD Billion), 2018-2023
3.    Global Generator Sales Market Forecast: Breakup by Fuel Type (USD Billion), 2024-2032
4.    Global Generator Sales Historical Market: Breakup by Power Rating (USD Billion), 2018-2023
5.    Global Generator Sales Market Forecast: Breakup by Power Rating (USD Billion), 2024-2032
6.    Global Generator Sales Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Generator Sales Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Generator Sales Historical Market: Breakup by End Use (USD Billion), 2018-2023
9.    Global Generator Sales Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10.    Global Generator Sales Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Generator Sales Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Generator Sales Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Generator Sales Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Generator Sales Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Generator Sales Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Generator Sales Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Generator Sales Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Generator Sales Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Generator Sales Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Generator Sales Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Generator Sales Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Generator Sales Market Structure

Key Questions Answered in the Report

In 2023, the global market for generator sales reached a size of USD 66.42 billion.

The market is expected to grow at a CAGR of 4.90% during the period 2024-2032.

The generator sales market is expected to reach a value of USD 101.81 billion.

The market is driven by the increasing demand for energy for residential and industrial purposes and the rising demand for backup power services in the manufacturing industry.

The increasing demand for alternative fuel-based generators and the rising demand for hybrid generators are key trends in the market.

The regional markets for the global generator sales market include North America, Europe, the Asia Pacific, Latin America, Middle East and Africa.

The different fuel type includes diesel and gas, among others.

The power ratings in the market include 75kVA, 75-375 kVA, 376-750 kVA, and above 750 kVA.

The applications available in the market include prime and continuous, standby, and peak shaving.

The different end-uses of generator sales include industrial, commercial, and residential.

The key players in the market include Caterpillar Inc., Generac Power Systems, Inc., Cummins Inc., WeiChai Holdings Group Co., Ltd., Mitsubishi Heavy Industries, Ltd., Siemens AG, and ABB Ltd, among others.

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