Industrial Gas Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global industrial gas generator market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.62% during 2023-2028.
Gas generators are used for driving a turbine or generating combustible gases from a liquid or solid source. The gases which are created by the generator consist of the products of complete combustion of the fuel which include carbon dioxide and water. As they act as the source of backup or emergency power, gas generators have gained immense popularity across the industrial sector. Currently, they are available in different types of engines which vary in terms of their functionality and operating power.
Over the years, the adoption of gas generators across the industrial sector has increased owing to the need for uninterrupted power supply due to an increase in power outages and faults in electric networks. Additionally, a strong demand from emerging regions such as the Middle East and Asia on account of rapid urbanisation and industrialisation has fuelled the growth of the global industrial gas generators market. Moreover, technological advancements such as the installation of remote monitoring systems has further broadened the growth prospects of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial gas generator market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type and end-use.
Breakup by Type:
20KW to 100KW
101KW to 500KW
501KW to 1MW
1 MW to 2 MW
2 MW to 5 MW
Based on type, the market has been segmented as 20KW to 100KW, 101KW to 500KW, 501KW to 1MW, 1 MW to 2 MW, and 2 MW to 5 MW.
Breakup by End-Use:
Chemical Industry
Breeding Industry
Petroleum and Gas Industry
Mining Industry
Others
On the basis of end-use segment, the global industrial gas generator market has been segregated as chemical industry, breeding industry, petroleum and gas industry, mining industry, and others.
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Caterpillar, Cummins Inc., General Electric Company, Kohler Power, Himoinsa SL, Generac Power Systems, Shandong Lvhuan Power Co., Ltd., Rolls-Royce Motor Cars Ltd., Multiquip Inc., and Jinan Diesel Engine Co., Ltd.
This report provides a deep insight into the global industrial gas generator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the industrial gas generator industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global industrial gas generator market in 2022?
2. What is the expected growth rate of the global industrial gas generator market during 2023-2028?
3. What are the key factors driving the global industrial gas generator market?
4. What has been the impact of COVID-19 on the global industrial gas generator market?
5. What is the breakup of the global industrial gas generator market based on the end-use?
6. What are the key regions in the global industrial gas generator market?
7. Who are the key players/companies in the global industrial gas generator market?
Gas generators are used for driving a turbine or generating combustible gases from a liquid or solid source. The gases which are created by the generator consist of the products of complete combustion of the fuel which include carbon dioxide and water. As they act as the source of backup or emergency power, gas generators have gained immense popularity across the industrial sector. Currently, they are available in different types of engines which vary in terms of their functionality and operating power.
Over the years, the adoption of gas generators across the industrial sector has increased owing to the need for uninterrupted power supply due to an increase in power outages and faults in electric networks. Additionally, a strong demand from emerging regions such as the Middle East and Asia on account of rapid urbanisation and industrialisation has fuelled the growth of the global industrial gas generators market. Moreover, technological advancements such as the installation of remote monitoring systems has further broadened the growth prospects of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial gas generator market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type and end-use.
Breakup by Type:
20KW to 100KW
101KW to 500KW
501KW to 1MW
1 MW to 2 MW
2 MW to 5 MW
Based on type, the market has been segmented as 20KW to 100KW, 101KW to 500KW, 501KW to 1MW, 1 MW to 2 MW, and 2 MW to 5 MW.
Breakup by End-Use:
Chemical Industry
Breeding Industry
Petroleum and Gas Industry
Mining Industry
Others
On the basis of end-use segment, the global industrial gas generator market has been segregated as chemical industry, breeding industry, petroleum and gas industry, mining industry, and others.
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Caterpillar, Cummins Inc., General Electric Company, Kohler Power, Himoinsa SL, Generac Power Systems, Shandong Lvhuan Power Co., Ltd., Rolls-Royce Motor Cars Ltd., Multiquip Inc., and Jinan Diesel Engine Co., Ltd.
This report provides a deep insight into the global industrial gas generator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the industrial gas generator industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global industrial gas generator market in 2022?
2. What is the expected growth rate of the global industrial gas generator market during 2023-2028?
3. What are the key factors driving the global industrial gas generator market?
4. What has been the impact of COVID-19 on the global industrial gas generator market?
5. What is the breakup of the global industrial gas generator market based on the end-use?
6. What are the key regions in the global industrial gas generator market?
7. Who are the key players/companies in the global industrial gas generator market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL INDUSTRIAL GAS GENERATOR MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by End-Use
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Distribution
5.9.6 Export
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 MARKET BREAKUP BY TYPE
6.1 20KW to 100KW
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 101KW to 500KW
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 501KW to 1MW
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 1 MW to 2 MW
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 2 MW to 5 MW
6.5.1 Market Trends
6.5.2 Market Forecast
7 MARKET BREAKUP BY END-USE
7.1 Chemical Industry
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Breeding Industry
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Petroleum and Gas Industry
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Mining Industry
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 INDUSTRIAL GAS GENERATOR MANUFACTURING PROCESS
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 COMPETITIVE LANDSCAPE
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Caterpillar
10.3.2 Cummins Inc.
10.3.3 General Electric Company
10.3.4 Kohler Power
10.3.5 Himoinsa SL
10.3.6 Generac Power Systems
10.3.7 Shandong Lvhuan Power Co., Ltd.
10.3.8 Rolls-Royce Motor Cars Ltd.
10.3.9 Multiquip Inc.
10.3.10 Jinan Diesel Engine Co., Ltd.
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL INDUSTRIAL GAS GENERATOR MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by End-Use
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Distribution
5.9.6 Export
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 MARKET BREAKUP BY TYPE
6.1 20KW to 100KW
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 101KW to 500KW
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 501KW to 1MW
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 1 MW to 2 MW
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 2 MW to 5 MW
6.5.1 Market Trends
6.5.2 Market Forecast
7 MARKET BREAKUP BY END-USE
7.1 Chemical Industry
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Breeding Industry
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Petroleum and Gas Industry
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Mining Industry
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 INDUSTRIAL GAS GENERATOR MANUFACTURING PROCESS
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 COMPETITIVE LANDSCAPE
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Caterpillar
10.3.2 Cummins Inc.
10.3.3 General Electric Company
10.3.4 Kohler Power
10.3.5 Himoinsa SL
10.3.6 Generac Power Systems
10.3.7 Shandong Lvhuan Power Co., Ltd.
10.3.8 Rolls-Royce Motor Cars Ltd.
10.3.9 Multiquip Inc.
10.3.10 Jinan Diesel Engine Co., Ltd.
LIST OF TABLES
Table 1: Global: Industrial Gas Generator Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Industrial Gas Generator Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Industrial Gas Generator Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
Table 4: Global: Industrial Gas Generator Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Industrial Gas Generator Manufacturing: Raw Material Requirements
Table 6: Global: Industrial Gas Generator Market: Competitive Structure
Table 7: Global: Industrial Gas Generator Market: Key Players
Table 1: Global: Industrial Gas Generator Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Industrial Gas Generator Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Industrial Gas Generator Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
Table 4: Global: Industrial Gas Generator Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Industrial Gas Generator Manufacturing: Raw Material Requirements
Table 6: Global: Industrial Gas Generator Market: Competitive Structure
Table 7: Global: Industrial Gas Generator Market: Key Players
LIST OF FIGURES
Figure 1: Global: Industrial Gas Generator Market: Major Drivers and Challenges
Figure 2: Global: Industrial Gas Generator Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Industrial Gas Generator Market: Breakup by Type (in %), 2022
Figure 4: Global: Industrial Gas Generator Market: Breakup by End-Use (in %), 2022
Figure 5: Global: Industrial Gas Generator Market: Breakup by Region (in %), 2022
Figure 6: Global: Industrial Gas Generator Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Industrial Gas Generator Industry: SWOT Analysis
Figure 8: Global: Industrial Gas Generator Industry: Value Chain Analysis
Figure 9: Global: Industrial Gas Generator Industry: Porter’s Five Forces Analysis
Figure 10: Global: Industrial Gas Generator (20KW to 100KW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Industrial Gas Generator (20KW to 100KW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Industrial Gas Generator (101KW to 500KW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Industrial Gas Generator (101KW to 500KW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Industrial Gas Generator (501KW to 1MW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Industrial Gas Generator (501KW to 1MW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Industrial Gas Generator (1 MW to 2 MW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Industrial Gas Generator (1 MW to 2 MW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Industrial Gas Generator (2 MW to 5 MW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Industrial Gas Generator (2 MW to 5 MW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Industrial Gas Generator (End-Use in Chemical Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Industrial Gas Generator (End-Use in Chemical Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Industrial Gas Generator (End-Use in Breeding Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Industrial Gas Generator (End-Use in Breeding Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Industrial Gas Generator (End-Use in Petroleum and Gas Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Industrial Gas Generator (End-Use in Petroleum and Gas Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Industrial Gas Generator (End-Use in Mining Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Industrial Gas Generator (End-Use in Mining Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Industrial Gas Generator (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Industrial Gas Generator (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Europe: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Europe: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia Pacific: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia Pacific: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Middle East and Africa: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Middle East and Africa: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Latin America: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Latin America: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Industrial Gas Generator Manufacturing: Detailed Process Flow
Figure 1: Global: Industrial Gas Generator Market: Major Drivers and Challenges
Figure 2: Global: Industrial Gas Generator Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Industrial Gas Generator Market: Breakup by Type (in %), 2022
Figure 4: Global: Industrial Gas Generator Market: Breakup by End-Use (in %), 2022
Figure 5: Global: Industrial Gas Generator Market: Breakup by Region (in %), 2022
Figure 6: Global: Industrial Gas Generator Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Industrial Gas Generator Industry: SWOT Analysis
Figure 8: Global: Industrial Gas Generator Industry: Value Chain Analysis
Figure 9: Global: Industrial Gas Generator Industry: Porter’s Five Forces Analysis
Figure 10: Global: Industrial Gas Generator (20KW to 100KW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Industrial Gas Generator (20KW to 100KW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Industrial Gas Generator (101KW to 500KW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Industrial Gas Generator (101KW to 500KW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Industrial Gas Generator (501KW to 1MW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Industrial Gas Generator (501KW to 1MW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Industrial Gas Generator (1 MW to 2 MW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Industrial Gas Generator (1 MW to 2 MW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Industrial Gas Generator (2 MW to 5 MW) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Industrial Gas Generator (2 MW to 5 MW) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Industrial Gas Generator (End-Use in Chemical Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Industrial Gas Generator (End-Use in Chemical Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Industrial Gas Generator (End-Use in Breeding Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Industrial Gas Generator (End-Use in Breeding Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Industrial Gas Generator (End-Use in Petroleum and Gas Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Industrial Gas Generator (End-Use in Petroleum and Gas Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Industrial Gas Generator (End-Use in Mining Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Industrial Gas Generator (End-Use in Mining Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Industrial Gas Generator (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Industrial Gas Generator (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Europe: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Europe: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia Pacific: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia Pacific: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Middle East and Africa: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Middle East and Africa: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Latin America: Industrial Gas Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Latin America: Industrial Gas Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Industrial Gas Generator Manufacturing: Detailed Process Flow
