Product Code: 3221
The gas generator sets market is expected to progress significantly by 2028 on account of increasing industrialization and infrastructure development across key regions. Additionally, widespread natural gas production and exploration efforts are likely to further drive market growth over the forecast period.
Gas generator sets offer several benefits, including better fuel efficiency, low emissions, clean burning, sturdy construction, and cost effectiveness. Notably, strict environmental regulations to reduce carbon emissions have augmented industry uptake over the past few years.
The gas generator sets market has been segregated on the basis of application, power rating, end use, and region. From the power rating point of view, the market has further been divided into ≤ 50 kVA, > 50 kVA - 125 kVA, > 125 kVA - 200 kVA, > 200 kVA - 330 kVA, > 330 kVA - 750 kVA, and > 750 kVA.
The ≤ 50 kVA sub-segment is projected to exhibit robust growth through the analysis period owing to growing requirement for small and less powerful generator sets across the residential sector. The > 50 kVA - 125 kVA sub-segment is expected to progress at a substantial CAGR over the forecast timeline to reach a considerable valuation by the end of 2028. The booming commercial sector and rising infrastructural investments are likely to fuel segmental expansion over the next few years.
With respect to end use, the gas generator sets market has been categorized into industrial, residential, and commercial. The residential sub-segment is speculated to garner significant gains by the end of the review timeframe due to mounting demand for continuous and reliable power supply. Moreover, growing dependency on backup power solutions is estimated to bolster segmental development in the coming time period.
In terms of application, the market has been bifurcated into prime/continuous, standby, and peak shaving. The gas generator sets market from the prime/continuous sub-segment is anticipated to gain a solid growth momentum to attain a sizable market share by the end of the projected timeline. Extensive product deployment across numerous industries, including construction, mining, and oil & gas, is foreseen to propel segmental expansion over the following years.
From the regional perspective, the Middle East gas generator sets industry is foreseen to observe exponential expansion through the assessment period owing to increasing frequency and intensity of weather-outages in the region. In addition, the aging grid infrastructure is slated to boost product adoption in the future. Meanwhile, the LATAM gas generator sets market is poised to gain considerable traction over the study timeline owing to stringent environmental regulations and ongoing efforts to curb the increasing effects of global warming.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimates & forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Gas generator sets industry 360 degree synopsis, 2018 - 2028
- 2.1.1 Business trends
- 2.1.2 Power rating trends
- 2.1.3 End use trends
- 2.1.4 Application trends
- 2.1.5 Regional trends
Chapter 3 Gas Generator Sets Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Innovation & technology landscape
- 3.2.1 Cummins, Inc.
- 3.2.2 Briggs & Stratton
- 3.2.3 Kohler Co.
- 3.2.4 Generac Power Systems, Inc.
- 3.2.5 Rolls Royce
- 3.2.6 Caterpillar Inc.
- 3.2.7 HIMOINSA
- 3.2.8 Mahindra Powerol
- 3.2.9 Aggreko
- 3.3 Regulatory landscape
- 3.3.1 Global
- 3.3.2 North America
- 3.3.2.1 U.S.
- 3.3.2.1.1 EPA Emissions Standards for Natural Gas and Diesel Generators
- 3.3.2.1.2 Natural Gas Generator EPA Standards
- 3.3.3 Europe
- 3.3.4 Asia Pacific
- 3.3.4.1 India
- 3.3.4.1.1 Emissions Standards:
- 3.3.5 Middle East & Africa
- 3.3.5.1 UAE
- 3.3.5.2 South Africa
- 3.3.6 Latin America
- 3.3.6.1 Brazil
- 3.3.6.2 Chile
- 3.4 COVID- 19 impact on the industry outlook
- 3.5 Industry impact forces
- 3.5.1 Growth drivers
- 3.5.1.1 North America & Europe
- 3.5.1.1.1 Increasing intensity & frequency of weather-related disasters
- 3.5.1.1.2 Escalating data center outage costs
- 3.5.1.1.3 Aging grid infrastructure
- 3.5.1.1.4 Increasingly stringent environmental & emissions regulations
- 3.5.1.1.5 Expansion of the datacenter industry
- 3.5.1.1.6 Capacity market initiatives
- 3.5.1.2 Asia Pacific
- 3.5.1.2.1 Rapid industrialization & infrastructure development
- 3.5.1.2.2 Burgeoning expansion in the telecom sector
- 3.5.1.2.2.1 India
- 3.5.1.2.2.2 China
- 3.5.1.2.2.3 The 13th five-year plan for economic and social development (2016-2020)
- 3.5.1.2.3 Expanding natural gas supply & distribution infrastructure across key geographies
- 3.5.1.3 Middle East & Africa
- 3.5.1.3.1 Rising natural gas exploration & production
- 3.5.1.3.2 Unreliable grid infrastructure coupled with rapid population growth
- 3.5.2 Industry pitfalls & challenges
- 3.5.2.1 High capital and maintenance costs
- 3.5.2.2 Shifting trends toward renewable power generation
- 3.6 Growth potential analysis
- 3.7 Porter's Analysis
- 3.7.1 Bargaining power of buyers
- 3.7.2 Bargaining power of buyers
- 3.7.3 Threat of new entrants
- 3.7.4 Threat of substitutes
- 3.8 Competitive landscape, 2021
- 3.8.1 Strategy dashboard
- 3.8.1.1 Cummins Inc.
- 3.8.1.1.1 Partnership
- 3.8.1.1.2 Product launch
- 3.8.1.1.3 Business expansion
- 3.8.1.1.4 Installation/supply
- 3.8.1.1.5 Rebranding
- 3.8.1.2 Briggs & Stratton Corporation
- 3.8.1.2.1 Acquisition
- 3.8.1.2.2 Plant expansion
- 3.8.1.2.3 Product launch
- 3.8.1.2.4 Business expansion
- 3.8.1.3 Kohler Co.
- 3.8.1.3.1 Plant expansion
- 3.8.1.3.2 Acquisitions
- 3.8.1.4 Generac Power Systems, Inc.
- 3.8.1.4.1 Plant expansion
- 3.8.1.4.2 Acquisitions
- 3.8.1.4.3 Investment
- 3.8.1.5 Caterpillar Inc.
- 3.8.1.5.1 Product launch
- 3.8.1.5.2 Acquisition
- 3.8.1.6 Rolls-Royce Plc
- 3.8.1.6.1 Agreement
- 3.8.1.6.2 Acquisition
- 3.8.1.6.3 Product launches
- 3.8.1.7 Aggreko
- 3.8.1.7.1 Joint venture
- 3.8.1.7.2 Product launch
- 3.8.1.8 Champion Power Equipment
- 3.8.1.8.1 Business expansion
- 3.8.1.9 Eaton
- 3.9 PESTEL Analysis
Chapter 4 Gas Generator Sets Market, By Power Rating
- 4.1 Gas generator sets market share by power rating, 2021 & 2028
- 4.2 ≤ 50 kVA
- 4.2.1 Global market from ≤ 50 kVA, 2018 - 2028
- 4.2.2 Global market from ≤ 50 kVA, by region, 2018 - 2028
- 4.3 > 50 kVA - 125 kVA
- 4.3.1 Global market from > 50 kVA - 125 kVA, 2018 - 2028
- 4.3.2 Global market from > 50 kVA - 125 kVA, by region, 2018 - 2028
- 4.4 > 125 kVA - 200 kVA
- 4.4.1 Global market from > 125 kVA - 200 kVA, 2018 - 2028
- 4.4.2 Global market from > 125 kVA - 200 kVA, by region, 2018 - 2028
- 4.5 > 200 kVA - 330 kVA
- 4.5.1 Global market from > 200 kVA - 330 kVA, 2018 - 2028
- 4.5.2 Global market from > 200 kVA - 330 kVA, by region, 2018 - 2028
- 4.6 > 330 kVA - 750 kVA
- 4.6.1 Global market from > 330 kVA - 750 kVA, 2018 - 2028
- 4.6.2 Global market from > 330 kVA - 750 kVA, by region, 2018 - 2028
- 4.7 > 750 kVA
- 4.7.1 Global market from > 750 kVA, 2018 - 2028
- 4.7.2 Global market from > 750 kVA, by region, 2018 - 2028
Chapter 5 Gas Generator Sets Market, By End Use
- 5.1 Gas generator sets market share by end use, 2021 & 2028
- 5.2 Residential
- 5.2.1 Global market from residential, 2018 - 2028
- 5.2.2 Global market from residential, by region, 2018 - 2028
- 5.3 Commercial
- 5.3.1 Global market from commercial, 2018 - 2028
- 5.3.2 Global market from commercial, by region, 2018 - 2028
- 5.4 Industrial
- 5.4.1 Global market from industrial, 2018 - 2028
- 5.4.2 Global market from industrial, by region, 2018 - 2028
Chapter 6 Gas Generator Sets Market, By Application
- 6.1 Gas generator sets market share by application, 2021 & 2028
- 6.2 Standby
- 6.2.1 Global market from standby, 2018 - 2028
- 6.2.2 Global market from standby, by region, 2018 - 2028
- 6.3 Peak shaving
- 6.3.1 Global market from peak shaving, 2018 - 2028
- 6.3.2 Global market from peak shaving, by region, 2018 - 2028
- 6.4 Prime/continuous
- 6.4.1 Global market from prime/continuous, 2018 - 2028
- 6.4.2 Global market from prime/continuous, by region, 2018 - 2028
Chapter 7 Gas Generator Sets Market, By Region
- 7.1 Gas generator sets market share by region, 2021 & 2028
- 7.2 North America
- 7.2.1 North America market, 2018 - 2028
- 7.2.2 North America market by power rating, 2018 - 2028
- 7.2.3 North America market by end use, 2018 - 2028
- 7.2.4 North America market from application, 2018 - 2028
- 7.2.5 U.S.
- 7.2.5.1 U.S. market, 2018 - 2028
- 7.2.5.2 U.S. market by power rating, 2018 - 2028
- 7.2.5.3 U.S. market by end use, 2018 - 2028
- 7.2.5.4 U.S. market by application, 2018 - 2028
Similar information is provided for
- 7.3 Europe
- 7.3.1 Europe market, 2018 - 2028
- 7.3.2 Europe market by power rating, 2018 - 2028
- 7.3.3 Europe market by end use, 2018 - 2028
- 7.3.4 Europe market from application, 2018 - 2028
Similar information is provided for
- 7.3.5 Russia
- 7.3.6 UK
- 7.3.7 Germany
- 7.3.8 France
- 7.3.9 Spain
- 7.3.10 Austria
- 7.3.11 Italy
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific market, 2018 - 2028
- 7.4.2 Asia Pacific market by power rating, 2018 - 2028
- 7.4.3 Asia Pacific market by end use, 2018 - 2028
- 7.4.4 Asia Pacific market from application, 2018 - 2028
Similar information is provided for
- 7.4.5 China
- 7.4.6 Australia
- 7.4.7 India
- 7.4.8 Japan
- 7.4.9 South Korea
- 7.4.10 Indonesia
- 7.4.11 Malaysia
- 7.4.12 Thailand
- 7.4.13 Vietnam
- 7.4.14 Philippines
- 7.5 Middle East
- 7.5.1 Middle East market, 2018 - 2028
- 7.5.2 Middle East market by power rating, 2018 - 2028
- 7.5.3 Middle East market by end use, 2018 - 2028
- 7.5.4 Middle East market from application, 2018 - 2028
Similar information is provided for
- 7.5.5 Saudi Arabia
- 7.5.6 UAE
- 7.5.7 Qatar
- 7.5.8 Turkey
- 7.5.9 Iran
- 7.5.10 Oman
- 7.6 Africa
- 7.6.1 Africa market, 2018 - 2028
- 7.6.2 Africa market by power rating, 2018 - 2028
- 7.6.3 Africa market by end use, 2018 - 2028
- 7.6.4 Africa market from application, 2018 - 2028
Similar information is provided for
- 7.6.5 Egypt
- 7.6.6 Nigeria
- 7.6.7 Algeria
- 7.6.8 South Africa
- 7.6.9 Angola
- 7.6.10 Kenya
- 7.6.11 Mozambique
- 7.7 Latin America
- 7.7.1 Latin America market, 2018 - 2028
- 7.7.2 Latin America market by power rating, 2018 - 2028
- 7.7.3 Latin America market by end use, 2018 - 2028
- 7.7.4 Latin America market from application, 2018 - 2028
Similar information is provided for
- 7.7.5 Brazil
- 7.7.6 Mexico
- 7.7.7 Argentina
- 7.7.8 Chile
Chapter 8 Company Profiles
- 8.1 Cummins, Inc.
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 Briggs & Stratton Corporation
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
- 8.3 Kohler Co.
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 Generac Power Systems, Inc.
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Caterpillar
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 SWOT Analysis
- 8.6 Rolls-Royce Plc
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 SWOT Analysis
- 8.7 HIMOINSA
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
- 8.8 Mahindra Powerol Ltd.
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 SWOT Analysis
- 8.9 Genmac
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 SWOT Analysis
- 8.10 Aggreko
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 SWOT Analysis
- 8.11 Eaton
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 SWOT Analysis
- 8.12 Champion Power Equipment
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 Strategic Outlook
- 8.12.5 SWOT Analysis
- 8.13 DuroMax Power Equipment
- 8.13.1 Business Overview
- 8.13.2 Financial Data
- 8.13.3 Product Landscape
- 8.13.4 SWOT Analysis
- 8.14 FIRMAN Power Equipment
- 8.14.1 Business Overview
- 8.14.2 Financial Data
- 8.14.3 Product Landscape
- 8.14.4 SWOT Analysis
- 8.15 Westinghouse Electric Corporation
- 8.15.1 Business Overview
- 8.15.2 Financial Data
- 8.15.3 Product Landscape
- 8.15.4 SWOT Analysis
- 8.16 WEN Products
- 8.16.1 Business Overview
- 8.16.2 Financial Data
- 8.16.3 Product Landscape
- 8.16.4 SWOT Analysis
- 8.17 HIPOWER
- 8.17.1 Business Overview
- 8.17.1 Financial Data
- 8.17.2 Product Landscape
- 8.17.3 SWOT Analysis
- 8.18 Cooper Corp.
- 8.18.1 Business Overview
- 8.18.2 Financial Data
- 8.18.3 Product Landscape
- 8.18.4 SWOT Analysis
- 8.19 Camda New Energy Equipment Co., Ltd
- 8.19.1 Business Overview
- 8.19.2 Financial Data
- 8.19.3 Product Landscape
- 8.19.4 SWOT Analysis