Generator Sets Market
Generator Sets Market - Global Industry Assessment & Forecast
Segments Covered
- By Power Rating Less than 50 kVA, 50 to125 kVA, 125 to 200 kVA, 200 to 330 kVA, 330 to 750 kVA, More than 750 kVA
- By Application Standby, Peak Shaving, Prime and Continuous
- By End User Residential, Commercial, Industrial
- By Fuel Diesel, Gas, Hybrid
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 35.3 Billion |
Revenue 2032: | USD 70.3 Billion |
Revenue CAGR (2024 - 2032): | 8% |
Fastest Growing Region (2024 - 2032) | North America |
Largest Region (2023): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Generator Sets Market Segment Analysis
- Generator Sets Power Rating Outlook (Revenue, USD Million, 2018 - 2030)
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Generator Sets Application Outlook (Revenue, USD Million, 2018 - 2030)
- Standby
- Peak Shaving
- Prime and Continuous
- Generator Sets End User Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
- Generator Sets Fuel Outlook (Revenue, USD Million, 2018 - 2030)
- Diesel
- Gas
- Hybrid
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
-
North America Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
-
North America Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
-
North America Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- U.S.
- U.S. Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- U.S. Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- U.S. Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- U.S. Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- U.S. Generator Sets Market, by Power Rating
- Canada
- Canada Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Canada Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Canada Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Canada Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Canada Generator Sets Market, by Power Rating
-
Mexico
- Mexico Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Mexico Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Mexico Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Mexico Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Mexico Generator Sets Market, by Power Rating
-
North America Generator Sets Market, by Power Rating
- Europe
-
Europe Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
-
Europe Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
-
Europe Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
-
Europe Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- U. K.
- U.K. Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- U.K. Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- U.K. Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- U.K. Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- U.K. Generator Sets Market, by Power Rating
- France
- France Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- France Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- France Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- France Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- France Generator Sets Market, by Power Rating
-
Germany
- Germany Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Germany Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Germany Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Germany Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Germany Generator Sets Market, by Power Rating
-
Italy
- Italy Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Italy Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Italy Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Italy Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Italy Generator Sets Market, by Power Rating
-
Spain
- Spain Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Spain Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Spain Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Spain Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Spain Generator Sets Market, by Power Rating
-
Rest of Europe
- Rest of Europe Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Rest of Europe Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Rest of Europe Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Europe Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Rest of Europe Generator Sets Market, by Power Rating
-
Europe Generator Sets Market, by Power Rating
- Asia Pacific
-
Asia Pacific Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
-
Asia Pacific Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
-
Asia Pacific Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
-
Asia Pacific Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- China
- China Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- China Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- China Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- China Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- China Generator Sets Market, by Power Rating
- Japan
- Japan Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Japan Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Japan Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Japan Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Japan Generator Sets Market, by Power Rating
-
Germany
- Germany Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Germany Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Germany Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Germany Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Germany Generator Sets Market, by Power Rating
-
India
- India Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- India Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- India Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- India Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- India Generator Sets Market, by Power Rating
-
South Korea
- South Korea Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- South Korea Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- South Korea Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- South Korea Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- South Korea Generator Sets Market, by Power Rating
-
South East Asia
- South East Asia Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- South East Asia Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- South East Asia Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- South East Asia Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- South East Asia Generator Sets Market, by Power Rating
-
Rest of Asia Pacific
- Rest of Asia Pacific Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Rest of Asia Pacific Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Rest of Asia Pacific Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Rest of Asia Pacific Generator Sets Market, by Power Rating
-
Asia Pacific Generator Sets Market, by Power Rating
- Latin America
-
Latin America Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
-
Latin America Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
-
Latin America Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
-
Latin America Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Brazil
- Brazil Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Brazil Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Brazil Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Brazil Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Brazil Generator Sets Market, by Power Rating
- Argentina
- Argentina Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Argentina Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Argentina Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Argentina Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Argentina Generator Sets Market, by Power Rating
-
Rest of Latin America
- Rest of Latin America Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Rest of Latin America Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Rest of Latin America Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Latin America Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Rest of Latin America Generator Sets Market, by Power Rating
-
Latin America Generator Sets Market, by Power Rating
- Middle East & Africa
-
Middle East & Africa Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
-
Middle East & Africa Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
-
Middle East & Africa Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
-
Middle East & Africa Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- GCC Countries
- GCC Countries Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- GCC Countries Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- GCC Countries Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- GCC Countries Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- GCC Countries Generator Sets Market, by Power Rating
- South Africa
- South Africa Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- South Africa Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- South Africa Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- South Africa Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- South Africa Generator Sets Market, by Power Rating
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Generator Sets Market, by Power Rating
- Less than 50 kVA
- 50 to125 kVA
- 125 to 200 kVA
- 200 to 330 kVA
- 330 to 750 kVA
- More than 750 kVA
- Rest of Middle East & Africa Generator Sets Market, by Application
- Standby
- Peak Shaving
- Prime and Continuous
- Rest of Middle East & Africa Generator Sets Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Generator Sets Market, by Fuel
- Diesel
- Gas
- Hybrid
- Rest of Middle East & Africa Generator Sets Market, by Power Rating
-
Middle East & Africa Generator Sets Market, by Power Rating
- North America
FAQ
Frequently Asked Question
What is the global demand for Generator Sets in terms of revenue?
-
The global Generator Sets valued at USD 35.3 Billion in 2023 and is expected to reach USD 70.3 Billion in 2032 growing at a CAGR of 8%.
Which are the prominent players in the market?
-
The prominent players in the market are Mitsubishi Heavy Industries Ltd., ASHOK LEYLAND LIMITED, Kohler Co., Rolls Royce plc, General Electric, Caterpillar Inc., Doosan Corporation, Wartsila, Cummins Inc., Greaves Cotton Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Generator Sets include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Generator Sets in 2023.