Home / Energy Utilities / Generator Market By End Use (Residential, Industrial, Commercial), By Fuel Type (Diesel Generator, Gas Generator), By Power Rating (Below 100 kVA, 100-350 kVA, 350-1000 kVA, Above 1000 kVA) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Generator Market By End Use (Residential, Industrial, Commercial), By Fuel Type (Diesel Generator, Gas Generator), By Power Rating (Below 100 kVA, 100-350 kVA, 350-1000 kVA, Above 1000 kVA) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Published: Dec 2016 | Report Code: 58277-12-16

Generator refers to a device that converts mechanical energy to electrical energy. It uses various fuel source such as gasoline, diesel and gas as fuel to run the internal combustion engine. Generators are widely used as a source of power backup in various industries, commercial installations and residential buildings.

Generator market is anticipated to gain thrust with growing demand for uninterrupted power supply during power grid downtime. Operations of commercial establishments such as malls, data centers, hospitals, construction are highly dependent on power supply. Growing power outage due to lack of power generation and grid maintenance activities impacting business operations of commercial installations which in turn is influencing commercial installations to use generators as a power backup source. Thus, fueling the demand for power backup equipment such as generators. Further, growing gap between power generation and power supply resulting in power outage which in turn is anticipated to increase the demand for generators over the forecast period. Moreover, increasing power cuts and voltage fluctuations adversely impact the operations of industries, which in turn is influencing the industries to adopt reliable power backup equipment such as generators to reduce their downtime due to power outage. This in turn is expected to augment the demand for generators over the forecast period (2016-2023). However, high cost of acquisition and increasing use of renewable energy sources such as solar, wind coupled with favorable regulatory policies for use of renewable energy sources is expected to hamper the growth of generator market during the forecast period (2016-2023).

North America is expected to largest region in global generator market owing to increasing demand of generator in commercial establishment and industries is expected to drive the demand in the region. Asia Pacific is anticipated to be the fastest growing region due to rapid urbanization and industrialization especially in China and India fueling the demand for generators over the forecast period (2016-2023).

Global generators market is expected to be valued at US$ 18.4 Bn by the end of 2016 and is projected to expand at a CAGR 4.9% during the forecast period 2016-2023.

Generator Market

Purpose of the Report

The purpose of this strategic research study titled Global generator market Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023 is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global generator market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Generator manufacturers
  • Raw material suppliers for generators
  • Research Institutes

USP and Key Offerings

The report titled Global Generators Market Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023 offers strategic insights into the generators market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on product type, power rating, end use and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading fire protection system manufacturers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to validate the forthcoming attractive markets within generator market.
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global generator market growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Generator Market Snapshot
2.1.1. Global Generator Market by Fuel Type, 2015
2.1.2. Global Generator Market by Power Rating, 2015
2.1.3. Global Generator Market by End Use, 2015
2.1.4. Global Generator Market by Geography, 2015
2.1.5. Market Drivers, Challenges and Trends

3. Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges
3.7. Market Overview

4. Global Generator Market Size (US$ Bn), By Fuel Type, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Fuel Type, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Fuel Type
4.2. Diesel Generator
4.3. Gas Generator
4.4. Others (Gasoline)

5. Global Generator Market Size (US$ Bn), By Power Rating, 2013 – 2023
5.1. Overview
5.1.1. Market Share Analysis by Power Rating, 2015 vs. 2023
5.1.2. Attractive Investment Proportion by Power Rating
5.2. Below 100 kVA
5.3. 100-350 kVA
5.4. 350-1000 kVA
5.5. Above 1000 kVA

6. Global Generator Market Size (US$ Bn), By End Use, 2013 – 2023
6.1. Overview
6.1.1. Market Share Analysis by End Use, 2015 vs. 2023
6.1.2. Attractive Investment Proportion by End Use
6.2. Residential
6.3. Industrial
6.4. Commercial

7. Global Generator Market Size (US$ Bn), By Geography, 2013 – 2023
7.1. Overview
7.1.1. Market Share Analysis by Geography, 2015 vs. 2023
7.1.2. Attractive Investment Proportion by Geography
7.2. North America Generator Market Analysis, 2013 – 2023
7.2.1. North America Generator Market Size (US$ Bn), By Country, 2013 – 2023
7.2.1.1. U.S.
7.2.1.2. Canada
7.2.2. North America Generator Market Size (US$ Bn), By Fuel Type, 2013 – 2023
7.2.2.1. Diesel Generator
7.2.2.2. Gas Generator
7.2.2.3. Others (Gasoline)
7.2.3. North America Generator Market Size (US$ Bn), By Power Rating, 2013 – 2023
7.2.3.1. Below 100 kVA
7.2.3.2. 100-350 kVA
7.2.3.3. 350-1000 kVA
7.2.3.4. Above 1000 kVA
7.2.4. North America Generator Market Size (US$ Bn), By End Use, 2013 – 2023
7.2.4.1. Residential
7.2.4.2. Industrial
7.2.4.3. Commercial
7.3. Europe Generator Market Analysis, 2013 – 2023
7.3.1. Europe Generator Market Size (US$ Bn), By Country, 2013 – 2023
7.3.1.1. Russia
7.3.1.2. U.K
7.3.1.3. Rest of Europe
7.3.2. Europe Generator Market Size (US$ Bn), By Fuel Type, 2013 – 2023
7.3.2.1. Diesel Generator
7.3.2.2. Gas Generator
7.3.2.3. Others (Gasoline)
7.3.3. Europe Generator Market Size (US$ Bn), By Power Rating, 2013 – 2023
7.3.3.1. Below 100 kVA
7.3.3.2. 100-350 kVA
7.3.3.3. 350-1000 kVA
7.3.3.4. Above 1000 kVA
7.3.4. Europe Generator Market Size (US$ Bn), By End Use, 2013 – 2023
7.3.4.1. Residential
7.3.4.2. Industrial
7.3.4.3. Commercial
7.4. Asia Pacific Generator Market Analysis, 2013 – 2023
7.4.1. Asia Pacific Generator Market Size (US$ Bn), By Country, 2013 – 2023
7.4.1.1. China
7.4.1.2. India
7.4.1.3. Rest of Asia Pacific
7.4.2. Asia Pacific Generator Market Size (US$ Bn), By Fuel Type, 2013 – 2023
7.4.2.1. Diesel Generator
7.4.2.2. Gas Generator
7.4.2.3. Others (Gasoline)
7.4.3. Asia Pacific Generator Market Size (US$ Bn), By Power Rating, 2013 – 2023
7.4.3.1. Below 100 kVA
7.4.3.2. 100-350 kVA
7.4.3.3. 350-1000 kVA
7.4.3.4. Above 1000 kVA
7.4.4. Asia Pacific Generator Market Size (US$ Bn), By End Use, 2013 – 2023
7.4.4.1. Residential
7.4.4.2. Industrial
7.4.4.3. Commercial
7.5. Latin America Generator Market Analysis, 2013 – 2023
7.5.1. Latin America Generator Market Size (US$ Bn), By Country, 2013 – 2023
7.5.1.1. Brazil
7.5.1.2. Mexico
7.5.1.3. Rest of Latin America
7.5.2. Latin America Generator (US$ Bn), By Fuel Type, 2013 – 2023
7.5.2.1. Diesel Generator
7.5.2.2. Gas Generator
7.5.2.3. Others (Gasoline)
7.5.3. Latin America Generator Market Size (US$ Bn), By Power Rating, 2013 – 2023
7.5.3.1. Below 100 kVA
7.5.3.2. 100-350 kVA
7.5.3.3. 350-1000 kVA
7.5.3.4. Above 1000 kVA
7.5.4. Latin America Generator Market Size (US$ Bn), By End Use, 2013 – 2023
7.5.4.1. Residential
7.5.4.2. Industrial
7.5.4.3. Commercial
7.6. Middle East & Africa (MEA) Generator Market Analysis, 2013 – 2023
7.6.1. MEA Generator Market Size (US$ Bn), By Country, 2013 – 2023
7.6.1.1. GCC
7.6.1.2. Rest of MEA
7.6.2. MEA Generator Market Size (US$ Bn), By Fuel Type, 2013 – 2023
7.6.2.1. Diesel Generator
7.6.2.2. Gas Generator
7.6.2.3. Others (Gasoline)
7.6.3. MEA Generator Market Size (US$ Bn), By Power Rating, 2013 – 2023
7.6.3.1. Below 100 kVA
7.6.3.2. 100-350 kVA
7.6.3.3. 350-1000 kVA
7.6.3.4. Above 1000 kVA
7.6.4. MEA Generator Market Size (US$ Bn), By End Use, 2013 – 2023
7.6.4.1. Residential
7.6.4.2. Industrial
7.6.4.3. Commercial

8. Company Profiles
8.1. Competitive Dashboard
8.2. Key Players
8.2.1. Caterpillar, Inc.
8.2.1.1. Business Description
8.2.1.2. Financial Performance Analysis
8.2.1.3. Product Portfolio
8.2.1.4. SWOT Analysis
8.2.1.5. Key Developments
8.2.2. Himonisa S.L.
8.2.3. Aggreko
8.2.4. APR Energy
8.2.5. Atlas Copco
8.2.6. Broadcrown
8.2.7. Cummins, Inc.
8.2.8. Generac Holdings, Inc.
8.2.9. Mitsubishi Heavy Industries Ltd.
8.2.10. Briggs & Stratton Corporation
8.2.11. Kirloskar Electric Company Ltd.
8.2.12. MQ Power Corporation
8.2.13. Wartsila Corporation

List Of Table :

Table 01: Global Generator Market Revenue (US$ Bn) Forecast by Fuel Type, 2013-2023
Table 02: Global Generator Market Revenue (US$ Bn) Forecast by Power Rating, 2013-2023
Table 03: Global Generator Market Revenue (US$ Bn) Forecast by End Use, 2013-2023
Table 04: Global Generator Market Value (US$ Bn) Forecast, by Geography, 2013-2023
Table 05: North America Generator Market Value (US$ Bn) Forecast, by Country, 2013-2023
Table 06: North America Generator Market Revenue (US$ Bn) Forecast, by Fuel Type, 2013-2023
Table 07: North America Generator Market Revenue (US$ Bn) Forecast, by Power Rating, 2013-2023
Table 08: North America Generator Market Revenue (US$ Bn) Forecast, by End Use, 2013-2023
Table 09: Europe Generator Market Value (US$ Bn) Forecast, by Country, 2013-2023
Table 10: Europe Generator Market Revenue (US$ Bn) Forecast, by Fuel Type, 2013-2023
Table 11: Europe Generator Market Revenue (US$ Bn) Forecast, by Power Rating, 2013-2023
Table 12: Europe Generator Market Revenue (US$ Bn) Forecast, by End Use, 2013-2023
Table 13: Asia Pacific Generator Market Value (US$ Bn) Forecast, by Country, 2013-2023
Table 14: Asia Pacific Generator Market Revenue (US$ Bn) Forecast, by Fuel Type, 2013-2023
Table 15: Asia Pacific Generator Market Revenue (US$ Bn) Forecast, by Power Rating, 2013-2023
Table 16: Asia Pacific Generator Market Revenue (US$ Bn) Forecast, by End Use, 2013-2023
Table 17: Latin America Generator Market Value (US$ Bn) Forecast, by Country, 2013-2023
Table 18: Latin America Generator Market Revenue (US$ Bn) Forecast, by Fuel Type, 2013-2023
Table 19: Latin America Generator Market Revenue (US$ Bn) Forecast, by Power Rating, 2013-2023
Table 20: Latin America Generator Market Revenue (US$ Bn) Forecast, by End Use, 2013-2023
Table 21: Middle East & Africa Generator Market Value (US$ Bn) Forecast, by Country, 2013-2023
Table 22: Middle East & Africa Generator Market Revenue (US$ Bn) Forecast, by Fuel Type, 2013-2023
Table 23: Middle East & Africa Generator Market Revenue (US$ Bn) Forecast, by Power Rating, 2013-2023
Table 24: Middle East & Africa Generator Market Revenue (US$ Bn) Forecast, by End Use, 2013-2023
Table 25: Caterpillar, Inc.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 26: Himoinsa S.L.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 27: Aggreko: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 28: APR Energy.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 29: Atlas Copco: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 30: Broadcrown: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 31: Cummins, Inc.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 32: Generac Holdings, Inc.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 33: Mitsubishi Heavy Industries Ltd.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 34: Briggs & Stratton Corporation: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 35: Kirloskar Electric Company Ltd.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 36: MQ Power Corporation: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 37: MTU Onsite Energy: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 38: Wartsila Corporation: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)

List Of Figure :

Figure 01: Global Generator Market Revenue (US$ Bn) Forecast, 2013-2023
Figure 02: Global Generator Market Share (%) by Fuel Type, 2015 vs. 2023
Figure 03: Global Generator Market Investment Proportion by Fuel Type, 2015
Figure 04: Global Generator Market Share (%) by Power Rating, 2015 vs. 2023
Figure 05: Global Generator Market Investment Proportion by Power Rating, 2015
Figure 06: Global Generator Market Share (%) by End Use, 2015 vs. 2023
Figure 07: Global Generator Market Investment Proportion by End Use, 2015
Figure 08: Global Generator Market Share Analysis (%) by Geography, 2015 vs. 2023
Figure 09: Global Generator Market Investment Proportion by Geography, 2015
Figure 10: North America Generator Market Investment Proportion by Country, 2015
Figure 11: Europe Generator Market Investment Proportion by Country, 2015
Figure 12: Asia Pacific Generator Market Investment Proportion by Country, 2015
Figure 13: Latin America Generator Market Investment Proportion by Country, 2015
Figure 14: Middle East & Africa Generator Market Investment Proportion by Country, 2015

On the basis of end use, global generator market is categorized into following types:

  • Residential
  • Industrial
  • Commercial

Generator Market

On the basis of end use, the global generator market can be segmented into residential, industrial and commercial.

Among end use, commercial segment was the largest segment in 2015. Growth of the segment is augmented by rising demand for uninterrupted power supply from various commercial establishments such as malls, banks, restaurants, movie theatre, hospitals, schools, offices and other commercial buildings fueling the demand for generators. Industrial segment is anticipated to be the fastest growing segment due to rapid industrialization especially in emerging economies fueling demand for power supply. Power cuts due to supply demand unbalance and grid maintenance activities influencing industries to adopt generators as an alternate power source to minimize their losses due to downtime. Further, increasing voltage fluctuation from grid causing wear and tear of high value equipment which in turn is encouraging the use of generators as alternative power source. The segment is anticipated to gain significant market share by 2023. Residential segment is also anticipated to register steady growth due to increasing demand form residential buildings is anticipated to drive the demand for generators during the forecast period (2016-2023).

On the basis of fuel type, global generator market is categorized into following types:

  • Diesel
  • Gas
  • Others (Gasoline)

Generator Market

On the basis of fuel type, the global generator market can be segmented into diesel, gas and others (gasoline)

Among all fuel type, diesel segment was the most dominant segment in 2015 accounting over 60% of revenue share of global generator market. The segment is expected to continue its dominance over the forecast period due to its low cost of acquisition. Gas generators market is projected to be the fastest growing segment over the forecast period (2016-2023). The growth of the segment is augment by its increasing popularity due to low operational cost coupled with favorable regulatory policies due low emission of greenhouse gases. The segment is anticipated to gain significant market share by 2023.

On the basis of power rating, global generator market is categorized into following types:

  • Below 100 kVA
  • 100-350 kVA
  • 350-1000 kVA
  • Above 1000 kVA

Generator Market

On the basis of power rating, the global generator market can be segmented into below 100 kVA, 100-350 kVA, 350-1000 kVA and above 1000 kVA.

Among all power rating generators, 100-350 kVA power rating segments was anticipated to be the largest segment in 2016 accounting for significant revenue share in global generator market. The growth of the segment is augmented by wide adoption of 100-350 kVA power rating generators in residential sector and small scale industries as a power backup source. 350-1000 kVA power rating segment is anticipated to be the fastest growing segment during the forecast period (2016-2023). The growth of the segment is augmented by increasing use of 350-1000 kVA power rating generators in malls, educational institutions, data centers, IT sector, telecom and residential societies. The segment is anticipated to gain significant market share in the global generators market by 2023. Other segments such as 100 kVA power rating segment, 1000kVA power rating segment is anticipated to grow at steady rate over the forecast period.

On the basis of geography, the global generator market is segmented into following categories,

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • Rest of MEA

Generator Market

Global generator market is segmented on the basis of geography. Asia Pacific is expected to largest and fastest growing region in global generator market. Rapid industrial growth in China in past one decade due to low cost manufacturing along with favorable regulatory policies has influenced the OEM to setup manufacturing base in China which in turn has fueled the demand for generators in the region. Moreover, favorable regulatory policies to boost the industrial growth in India is projected to amplify the demand for generators in the region. Followed by it, North America is anticipated to be the second largest region in global generator due to increasing demand for generators from various industries and commercial buildings in the region.

Europe, Latin America, Middle East & Africa (MEA) are anticipated to collectively contribute significant revenue shares in global generator market and are projected to grow at steady rate over the forecast period (2016-2023).

Choose License Type
Connect With Us
+1-800-361-8290
24/7 Research Support

Credence Webinars

Join Credence analysts to explore the latest IT Trends

view upcoming webinars

Our Clients