+91-8668442535

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 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.

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
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Dec 2016
Category:  Energy Utilities
Report ID:   58277
Report Format:   PDF
Pages:   120
Rating:    4.3 (55)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support