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Generator Sets Market

Generator Sets Market

Generator Sets Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product 0-100 KVA, 100-350 KVA, 350-1000 KVA, Above 1000 KVA
  • By Application Residential, Commercial, Industrial, Other
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 72.15 Million
Revenue 2028Revenue 2028: 110.73 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 5.50%
Fastest Growing Region Fastest Growing Region (2022 - 2028) 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

The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.

On the basis of Product, the market is divided into 0-100 KVA, 100-350 KVA, 350-1000 KVA, Above 1000 KVA,. 100-350 kva dominated the global Generator Sets market in 2020 and is projected to witness the same trend during the forecast period.

Based on Application, the market is segmented into Residential, Commercial, Industrial, Other,. Industrial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Generator Sets Market: Product Segment Analysis

    • 0-100 KVA
    • 100-350 KVA
    • 350-1000 KVA
    • Above 1000 KVA

Global Generator Sets Market: Application Segment Analysis

    • Residential
    • Commercial
    • Industrial
    • Other
Frequently Asked Question
  • The global Generator Sets valued at 72.15 Million in 2020 and is expected to reach 110.73 Million in 2028 growing at a CAGR of 5.50%%.

  • The prominent players in the market are Caterpillar, Kubota, Doosan, MTU Onsite Energy, Mahindra Powerol, Briggs & Stratton, Mitsubishi Heavy Industries, Honda Power Equipment, AKSA Power, Cooper, Wartsila, Kirloskar Oil Engines, Cummins, Kohler, Generac Power Systems..

  • The market is project to grow at a CAGR of 5.50%% between 2021 and 2028.

  • The driving factors of the Generator Sets include

    • Expanding the manufacturing sector in the Asia Pacific has driven demand for power generation systems and generators, thereby creating a positive scope for the overall market growth.
    • Surging demand for uninterrupted & reliable power supply in several industries to drive demand for-backup power generation is expected to play a key role in expanding the market size.

  • Asia Pacific was the leading regional segment of the Generator Sets in 2020.