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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Industrial Generator Sets Market Trends
The rising advancements in generator technology is a crucial trend in industrial generator sets market. The new-gen generators are equipped with IoT and smart grid technologies to enhance the efficiency and reliability of the generators and make them more user-friendly.
Industrial Generator Sets Market Report Snapshots
Industrial Generator Sets Market Size
Industrial Generator Sets Market Growth
Industrial Generator Sets Market Trends
Industrial Generator Sets Companies
Industrial Generator Sets Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global industrial generator sets market is projected to grow at a CAGR of 5.5% between 2024 and 2032.
The major drivers of the market include the growing real estate industry, increasing demand across a variety of industries, increasing severity and frequency of weather events, deployment of gensets, and implementation of relevant legislation favouring the revival of mining activities.
The rising demand for reliable power supply and rapid industrialisation are the key industry trends propelling the market growth.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different power ratings are less than 75 kVA, 75 – 375 kVA, 375 – 750 kVA, and greater than 750 kVA.
The market is segregated, on the basis of fuel, into diesel, and gas, among others.
The different applications include standby, peak shaving, and prime/continuous, among others.
The major end uses include oil and gas, manufacturing, construction, electric utilities, mining, and transport and logistics, among others.
The major players in the industry are Cummins Inc., Kirloskar Oil Engines Limited (KOEL), Generac Power Systems, Inc., Himoinsa S.L, and Atlas Copco Group, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124