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Generator Sales Market Size, Share, and Analysis, By Fuel Type (Diesel, Gas, and Others), By Power Rating (Below 75 KVA, 75-375 kVA, 375-750 kVA, and Above 750 kVA), By Application (Continuous Load, Peak Load, and Standby Load), By End-User (Mining, Oil & Gas, Construction, Residential, Industrial, Pharmaceuticals, Commercial, Telecom, Utility, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

February 2024 | 446 pages | ID: GCDD26D03E89EN
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Generator Sales Market Size, Share, and Analysis, By Fuel Type (Diesel, Gas, and Others), By Power Rating (Below 75 KVA, 75-375 kVA, 375-750 kVA, and Above 750 kVA), By Application (Continuous Load, Peak Load, and Standby Load), By End-User (Mining, Oil & Gas, Construction, Residential, Industrial, Pharmaceuticals, Commercial, Telecom, Utility, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Generator Sales Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 27.6 billion and is projected t%li%reach USD 52.1 billion by the completion of 2034.

Generator sales refer t%li%the commercial activities of selling generators or devices that produce electricity, that are typically used as backup power sources during outages or in areas without access t%li%a power grid. These sales include a wide range of generator types, such as portable, standby, and industrial-grade units, each of which is customized t%li%address specific needs. Companies that specialize in generator sales offer a variety of models that differ in size, power capacity, and the type of fuel used. Moreover, customers choose generators based on various aspects such as power output, efficiency, and intended applications, which can range from providing emergency backup in homes t%li%ensuring continuous power for businesses and construction sites. Furthermore, generator sales include physical products, along with services such as installation, maintenance, and customer support, which ensures dependable power solutions in multiple settings.

MARKET HIGHLIGHTS

Generator Sales Market is projected t%li%achieve USD 52.1 billion during the forecast period, owing t%li%increasing demands for dependable power sources across different sectors. This growth is attributed t%li%several aspects, including frequent power disruptions, natural disasters, and the increasing scope of industrial activities. The market offers a range of generators t%li%meet various needs, such as portable generators for household applications and industrial-grade systems for commercial use. Additionally, developing regions with unstable power supply significantly contribute t%li%market growth. Moreover, technological developments have led t%li%the introduction of eco-friendly and efficient generator models, which fits well with environmental conscious consumers. Government incentives t%li%promote clean energy adoption and the rising utilization of renewable energy sources in generators provide a promising growth trajectory for the generator sales market.

Generator Sales Market Segments:
  • By Fuel Type
  • Diesel
  • Gas
  • Others
  • By Power Rating
  • Below 75 KVA
  • 75-375 kVA
  • 375-750 kVA
  • Above 750 kVA
  • By Application
  • Continuous Load
  • Peak Load
  • Standby Load
  • By End-User
  • Mining
  • Oil & Gas
  • Construction
  • Residential
  • Industrial
  • Pharmaceuticals
  • Commercial
  • Telecom
  • Utility
  • Others
MARKET DYNAMICS

Growth Drivers

Rising Demand for Backup Power will Propel the Market Forward

Technological Improvements will Create New Opportunities for Growth

Restraint

Environmental Laws and Concerns May Restrain Market Expansion

Key Players
  • Caterpillar Inc.
  • Cummins Inc.
  • Generac Holdings Inc.
  • Kohler Co.
    • Atlas Copc%li%AB
  • Himoinsa S.L.
  • MTU Onsite Energy GmbH
  • Yanmar Holdings Co., Ltd.
  • Wacker Neuson SE
  • Doosan Corporation
  • Mitsubishi Heavy Industries, Ltd.
  • Kirloskar Electric Company Limited
  • Briggs & Stratton Corporation
  • Wдrtsilд Corporation
  • Honda Power Equipment
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2.Business Trends
1.3. Generator Sales Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1.Market Definition
3.2.Generator Sales Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data

4.GENERATOR SALES MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends

8.RISK ANALYSIS

9. MARKET ANALYSIS

9.1.Porters Five Forces
9.2. PEST Analysis
  9.2.1.Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10.GENERATOR SALES MARKET

10.1.Overview
10.2. Historical Analysis (2019-2022)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11. GENERATOR SALES MARKET SIZE & FORECAST 2024A-2034F

11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
  11.3.1.By Fuel Type
    11.3.1.1. Diesel
      11.3.1.1.1.By Value (USD Million) 2024-2034F
      11.3.1.1.2. Market Share (%) 2024-2034F
      11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
    11.3.1.2.Gas
      11.3.1.2.1. By Value (USD Million) 2024-2034F
      11.3.1.2.2.Market Share (%) 2024-2034F
      11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
    11.3.1.3.Others
      11.3.1.3.1. By Value (USD Million) 2024-2034F
      11.3.1.3.2.Market Share (%) 2024-2034F
      11.3.1.3.3.Y-o-Y Growth (%) 2024-2034F
  11.3.2. By Power Rating
    11.3.2.1.Below 75K kVA
      11.3.2.1.1. By Value (USD Million) 2024-2034F
      11.3.2.1.2.Market Share (%) 2024-2034F
      11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.2.2. 75-375 kVA
      11.3.2.2.1.By Value (USD Million) 2024-2034F
      11.3.2.2.2. Market Share (%) 2024-2034F
      11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.3. 375-750kVA
      11.3.2.3.1.By Value (USD Million) 2024-2034F
      11.3.2.3.2. Market Share (%) 2024-2034F
      11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.4. Above 750 kVA
      11.3.2.4.1.By Value (USD Million) 2024-2034F
      11.3.2.4.2. Market Share (%) 2024-2034F
      11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
  11.3.3.By Application
    11.3.3.1.Continuous Load
      11.3.3.1.1. By Value (USD Million) 2024-2034F
      11.3.3.1.2.Market Share (%) 2024-2034F
      11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.3.2. Peak Load
      11.3.3.2.1.By Value (USD Million) 2024-2034F
      11.3.3.2.2. Market Share (%) 2024-2034F
      11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.3.3. Standby load
      11.3.3.3.1.By Value (USD Million) 2024-2034F
      11.3.3.3.2. Market Share (%) 2024-2034F
      11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
  11.3.4.By End-User
    11.3.4.1.Mining
      11.3.4.1.1. By Value (USD Million) 2024-2034F
      11.3.4.1.2.Market Share (%) 2024-2034F
      11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.4.2. Oil & Gas
      11.3.4.2.1.By Value (USD Million) 2024-2034F
      11.3.4.2.2. Market Share (%) 2024-2034F
      11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.3. Construction
      11.3.4.3.1.By Value (USD Million) 2024-2034F
      11.3.4.3.2. Market Share (%) 2024-2034F
      11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.4.Residential
      11.3.4.4.1.By Value (USD Million) 2024-2034F
      11.3.4.4.2. Market Share (%) 2024-2034F
      11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.5. Industrial
      11.3.4.5.1.By Value (USD Million) 2024-2034F
      11.3.4.5.2. Market Share (%) 2024-2034F
      11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.6. Pharmaceuticals
      11.3.4.6.1.By Value (USD Million) 2024-2034F
      11.3.4.6.2. Market Share (%) 2024-2034F
      11.3.4.6.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.7. Commercial
      11.3.4.7.1.By Value (USD Million) 2024-2034F
      11.3.4.7.2. Market Share (%) 2024-2034F
      11.3.4.7.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.8.Telecom
      11.3.4.8.1.By Value (USD Million) 2024-2034F
      11.3.4.8.2. Market Share (%) 2024-2034F
      11.3.4.8.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.9. Utility
      11.3.4.9.1.By Value (USD Million) 2024-2034F
      11.3.4.9.2. Market Share (%) 2024-2034F
      11.3.4.9.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.10. Others
      11.3.4.10.1.By Value (USD Million) 2024-2034F
      11.3.4.10.2. Market Share (%) 2024-2034F
      11.3.4.10.3. Y-o-Y Growth (%) 2024-2034F

12.NORTH AMERICA GENERATOR SALES MARKET SIZE & FORECAST 2024A-2034F

12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1.By Fuel Type
  12.3.2. By Power Rating
  12.3.3. By Application
  12.3.4. By End-User
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13.EUROPE GENERATOR SALES MARKET SIZE & FORECAST 2024A-2034F

13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1.By Fuel Type
  13.3.2. By Power Rating
  13.3.3. By Application
  13.3.4. By End-User
13.4.Country
  13.4.1.Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14.ASIA-PACIFIC GENERATOR SALES MARKET SIZE & FORECAST 2024A-2034F

14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
  14.3.1.By Fuel Type
  14.3.2. By Power Rating
  14.3.3. By Application
  14.3.4. By End-User
14.4. Country
  14.4.1.India
  14.4.2. China
  14.4.3. South Korea
  14.4.4.Japan
  14.4.5.Rest of APAC

15.MIDDLE EAST AND AFRICA GENERATOR SALES MARKET SIZE & FORECAST 2024A-2034F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1.By Fuel Type
  15.3.2. By Power Rating
  15.3.3. By Application
  15.3.4. By End-User
15.4.Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4.South Africa
  15.4.5. Rest of Middle East and Africa

16. LATIN AMERICA GENERATOR SALES MARKET SIZE & FORECAST 2024A-2034F

16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1.By Fuel Type
  16.3.2. By Power Rating
  16.3.3. By Application
  16.3.4. By End-User
16.4.Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1. Caterpillar Inc.
  18.1.1.Company Overview
  18.1.2.Financial Overview
  18.1.3.Key Product; Analysis
  18.1.4.Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2.Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Cummins Inc.
18.3. Generac Holdings Inc.
18.4. Kohler Co.
18.5. Atlas Copco AB
18.6. Himoinsa S.L.
18.7. MTU Onsite Energy GmbH
18.8. Yanmar Holdings Co., Ltd.
18.9. Wacker Neuson SE
18.10.Doosan Corporation
18.11.Mitsubishi Heavy Industries, Ltd.
18.12. Kirloskar Electric Company Limited
18.13. Briggs & Stratton Corporation
18.14.Wдrtsilд Corporation
18.15. Honda Power Equipment
18.16. Other Prominent Players

19. APPENDIX

20.CONSULTANT RECOMMENDATION



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