HOME Top Market Reports Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous Power), Power Rating (<100, 100–350, 351–1,000, >1,000 kVA), End-User (Residential, Commercial, and Industrial), and Region - Global Forecast to 2021

Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous Power), Power Rating (<100, 100–350, 351–1,000, >1,000 kVA), End-User (Residential, Commercial, and Industrial), and Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: EP 3131

 

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The global generator sales market is estimated to be USD 18.57 Billion in 2016, and is expected to grow at a CAGR of 5.7% from 2016 to 2021. Increasing demand for uninterrupted and reliable power supply, growth of healthcare infrastructure, rising demand for data centers and IT facilities, and rapid urbanization in developing countries are factors driving the global generator sales market.

The years considered for the study are as follows:

  • Base Year—2015
  • Estimated Year—2016
  • Projected Year—2021
  • Forecast Period—2016 to 2021

The base year considered for company profiles is 2015. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study

  • To define, describe, and forecast the global generator sales market by type, power rating, application, end-user, and region
  • To provide detailed information regarding major factors influencing the growth of the generator sales market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the generator sales market with respect to individual growth trends, future prospects, and the contribution of each segment to the market
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as contracts & agreements and partnerships and collaborations in the generator sales market

Research Methodology

This research study involves the use of extensive secondary sources, directories, and databases such as Hoover’s, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global generator sales market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standard and certification organizations of companies, and organizations related to all the segments of this industry’s value chain. The points given below explain the research methodology.

  • Study of annual revenues and market developments of major players that provide generator sales
  • Analysis of demand for generator sales for end-users
  • Assessment of future trends and growth of end-users in the generator sales market
  • Assessment of the generator sales market with respect to the type of generator sales used by various end-users
  • Study of market trends in various regions/countries supported by type of generator sales
  • Study of contracts and developments related to the generator sales market by key players across different regions
  • Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies manufacturing generator sales across the globe

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure given below illustrates the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.

Generator Sales Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem:

The ecosystem of the global generator sales market starts with the parent electric generator market, which is further categorized into turbine generators and generators coupled with engines. Only generators coupled with engines are covered in this report. The generator sales market is segmented on the basis of fuel type into diesel, gas, and other gensets. Generators are used as backup, prime or continuous, and peak shaving generators in various end-use sectors such as the residential, commercial, and industrial sector.

Generator Sales Market

Target Audience:

The report’s target audience includes:

  • Generator manufacturing companies
  • Raw material suppliers, generator sets’ component manufacturers
  • Government and research organizations
  • National and local government organizations
  • Institutional investors
  • Associations

Scope of the Report:

On the basis of Type

  • Diesel
  • Gas
  • Other (bi-fuel, dual fuel, and alternative fuel gensets)

On the basis of Power Rating

  • Below 100 kVA
  • 100–350 kVA
  • 351–1,000 kVA
  • Above 1,000 kVA

On the basis of End-User

  • Residential
  • Commercial
  • Industrial

On the basis of Region

  • North America
  • South America
  • Asia-Pacific
  • Middle East & Africa
  • Europe

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Regional Analysis

Further breakdown of region/country-specific analysis

Company Information

Detailed analysis and profiling of additional market players (up to five)

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Black Start Generator Market by Type (Diesel and Others), by Power Ratings (Below 1,000 kW, 1,000 kW-2,000 kW, 2,000 kW-3,000 kW, and Above 3,000 kW), by Industry (Power, Manufacturing, Oil & Gas, and Others) and by Region - Trends & Forecasts to 2021

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Generators (Gensets)
                    1.2.1.1 By Type
                    1.2.1.2 By Power Range
                    1.2.1.3 By Application
                    1.2.1.4 By End-User
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
           2.1.3 Key Industry Insights
           2.1.4 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions

3 Executive Summary (Page No. - 27)
    3.1 Introduction
           3.1.1 Historical Backdrop
           3.1.2 Current Scenario
    3.2 Future Outlook
    3.3 Conclusion

4 Premium Insights (Page No. - 32)
    4.1 Asia-Pacific Generator Sales Market
    4.2 Asia-Pacific Presents Lucrative Growth Opportunities
    4.3 Generator Sales Market, By End-User
    4.4 Generator Sales Market, By Application

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Type
           5.2.2 By Application
           5.2.3 By Power Rating
           5.2.4 By End-User
           5.2.5 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Demand for Uninterrupted and Reliable Power Supply
                    5.3.1.2 Growth of Healthcare Infrastructure
                    5.3.1.3 Rising Demand for Data Centers and IT Facilities
                    5.3.1.4 Rapid Urbanization in Developing Countries
           5.3.2 Restraints
                    5.3.2.1 Limited Power Generation Capacity
                    5.3.2.2 High Maintenance and Operating Cost
                    5.3.2.3 Rise in T&D Expenditure
           5.3.3 Opportunities
                    5.3.3.1 Rural and Remote Area Electrification in Developing Countries
                    5.3.3.2 Bi-Fuel Generator and Inverter Generator
           5.3.4 Challenges
                    5.3.4.1 Rise in Captive Power Plants
                    5.3.4.2 Stringent Government Regulation
                    5.3.4.3 Improving Energy Storage Systems
           5.3.5 Supply Chain Analysis
           5.3.6 New Technologies
                    5.3.6.1 Remote Management
                    5.3.6.2 Generator Paralleling Technology
                    5.3.6.3 Hybrid Generators

6 Generator Sales Market, By Type (Page No. - 52)
    6.1 Introduction
    6.2 Diesel Generator Sales
    6.3 Gas Generator Sales
    6.4 Other Generator Sales, By Region

7 Generator Sales Market, By Power Rating (Page No. - 57)
    7.1 Introduction
    7.2 Below 100 kVA
    7.3 100kva-350 kVA
    7.4 351-1,000 kVA
    7.5 Above 1,000 kVA

8 Generator Sales Market, By Application (Page No. - 62)
    8.1 Introduction
    8.2 Standby Gensets
    8.3 Prime Or Continuous Gensets
    8.4 Peak Shaving Gensets

9 Generator Sales Market, By End-User (Page No. - 67)
    9.1 Introduction
    9.2 Residential
    9.3 Commercial
           9.3.1 IT & Telecom End-User, By Region
           9.3.2 Healthcare End-User, By Region
           9.3.3 Other Commercial End-User, By Region
    9.4 Industrial
           9.4.1 Utilities/Power Generation End-User, By Region
           9.4.2 Oil & Gas End-User, By Region
           9.4.3 Other Industrial End-User, By Region

10 Generator Sales Market, By Region (Page No. - 75)
     10.1 Introduction
     10.2 Asia-Pacific
             10.2.1 By Power Rating
             10.2.2 By Type
             10.2.3 By End-User
             10.2.4 By Application
             10.2.5 By Country
                        10.2.5.1 China
                        10.2.5.2 India
                        10.2.5.3 Australia
                        10.2.5.4 Rest of Asia-Pacific
     10.3 North America
             10.3.1 By Power Rating
             10.3.2 By Type
             10.3.3 By End-User
             10.3.4 By Application
             10.3.5 By Country
                        10.3.5.1 U.S.
                        10.3.5.2 Canada
                        10.3.5.3 Mexico
     10.4 Europe
             10.4.1 By Power Rating
             10.4.2 By Type
             10.4.3 By End-User
             10.4.4 By Application
             10.4.5 By Country
                        10.4.5.1 Russia
                        10.4.5.2 U.K.
                        10.4.5.3 Germany
                        10.4.5.4 France
                        10.4.5.5 Rest of Europe
     10.5 Middle East & Africa
             10.5.1 By Power Rating
             10.5.2 By Type
             10.5.3 By End-User
             10.5.4 By Application
             10.5.5 By Country
                        10.5.5.1 Saudi Arabia
                        10.5.5.2 UAE
                        10.5.5.3 Nigeria
                        10.5.5.4 Algeria
                        10.5.5.5 Kuwait
                        10.5.5.6 Rest of Middle East & Africa
     10.6 South America
             10.6.1 By Power Rating
             10.6.2 By Type
             10.6.3 By End-User
             10.6.4 By Application
             10.6.5 By Country
                        10.6.5.1 Brazil
                        10.6.5.2 Argentina
                        10.6.5.3 Chile
                        10.6.5.4 Rest of South America

11 Competitive Landscape (Page No. - 105)
     11.1 Overview
     11.2 Global Players Market Benchmarking - Generator Sets
             11.2.1 New Products/Services/Technologies Launches
             11.2.2 Contracts and Agreements
             11.2.3 Expansions and Investments
             11.2.4 Mergers & Acquisitions
             11.2.5 Other Developments

12 Company Profiles (Page No. - 124)
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
     12.1 Caterpillar, Inc.
     12.2 Cummins, Inc.
     12.3 Generac Holdings, Inc.
     12.4 Kohler Co.
     12.5 Mitsubishi Heavy Industries, Ltd.
     12.6 Briggs & Stratton Corporation
     12.7 Kirloskar Electric Company Ltd.
     12.8 MQ Power Corporation
     12.9 Rolls-Royce Holdings PLC. (MTU Onsite Energy)
     12.10 Wärtsilä Corporation
     12.11 Wacker Neuson
     12.12 Yanmar Co., Ltd.
     12.13 General Electric
     12.14 Honda Motor Co., Ltd.

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 163)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (93 Tables)

Table 1 Cost Comparison Between Solar Pv, Diesel Generators, and Gas Generators
Table 2 Electrification Rate
Table 3 Tier 4 Emission Standards for Non-Road Compression Ignition Engines
Table 4 Indian Emission Standards for Diesel Generator Sets Up to 800 Kw (2014)
Table 5 Indian Emission Standards for Diesel Generator Sets Above 800 Kw
Table 6 Europe: Proposed Stage V Emission Standard for Non-Road Engines (NRE)
Table 7 Generator Sales Market Size, By Type, 2014–2021 (USD Million)
Table 8 Diesel Generator Sales: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 9 Gas Generator Sales: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 10 Other Generator Sales: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 11 Generator Sales Market Size, By Power Rating, 2014–2021 (USD Million)
Table 12 Below 100 kVA: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 13 100-350 kVA: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 14 351-1,000 kVA: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 15 Above 1,000 kVA: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 16 Generator Sales Market Size, By Application, 2014–2021 (USD Million)
Table 17 Standby: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 18 Prime Or Continuous Gensets: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 19 Peak Shaving Gensets: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 20 Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 21 Residential: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 22 Commercial: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 23 Commercial: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 24 IT&Telecom: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 25 Healthcare: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 26 Other Commercial: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 27 Industrial: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 28 Industrial: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 29 Utilities/Power Generation: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 30 Oil & Gas: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 31 Other Industrial: Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 32 Generator Sales Market Size, By Region, 2014–2021 (USD Million)
Table 33 Asia-Pacific: Generator Sales Market Size, By Power Rating, 2014–2021 (USD Million)
Table 34 Asia-Pacific: Generator Sales Market Size, By Type, 2014–2021 (USD Million)
Table 35 Asia-Pacific: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 36 Asia-Pacific: Generator Sales Market Size, By Application, 2014–2021 (USD Million)
Table 37 Asia-Pacific: Generator Sales Market Size, By Country, 2014–2021 (USD Million)
Table 38 China: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 39 India: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 40 Australia: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 41 Rest of Asia-Pacific: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 42 North America: Generator Sales Market Size, By Power Rating, 2014-2021 (USD Million)
Table 43 North America: Generator Sales Market Size, By Type, 2014–2021 (USD Million)
Table 44 North America: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 45 North America: Generator Sales Market Size, By Application, 2014–2021 (USD Million)
Table 46 North America: Generator Sales Market Size, By Country, 2014–2021 (USD Million)
Table 47 U.S.: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 48 Canada: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 49 Mexico: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 50 Europe: Generator Sales Market Size, By Power Rating, 2014-2021 (USD Million)
Table 51 Europe: Generator Sales Market Size, By Type, 2014–2021 (USD Million)
Table 52 Europe: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 53 Europe: Generator Sales Market Size, By Application, 2014–2021 (USD Million)
Table 54 Europe: Generator Sales Market Size, By Country, 2014–2021 (USD Million)
Table 55 Russia: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 56 U.K.: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 57 Germany: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 58 France: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 59 Rest of Europe: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 60 Middle East & Africa : Generator Sales Market Size, By Power Rating, 2014-2021 (USD Million)
Table 61 Middle East & Africa: Generator Sales Market Size, By Type, 2014–2021 (USD Million)
Table 62 Middle East & Africa: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 63 Middle East & Africa: Generator Sales Market Size, By Application, 2014–2021 (USD Million)
Table 64 Middle East & Africa: Generator Sales Market Size, By Country, 2014–2021 (USD Million)
Table 65 Saudi Arabia: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 66 UAE: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 67 Nigeria: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 68 Algeria: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 69 Kuwait: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 70 Rest of Middle East & Africa: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 71 South America : Generator Sales Market Size, By Power Rating, 2014-2021 (USD Million)
Table 72 South America: Generator Sales Market Size, By Type, 2014–2021 (USD Million)
Table 73 South America: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 74 South America: Generator Sales Market Size, By Application, 2014–2021 (USD Million)
Table 75 South America: Generator Sales Market Size, By Country, 2014–2021 (USD Million)
Table 76 Brazil: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 77 Argentina: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 78 Chile: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 79 Rest of South America: Generator Sales Market Size, By End-User, 2014–2021 (USD Million)
Table 80 Market Ranking: Top Companies,2015
Table 81 Asia-Pacific Operational Matrix of Key Companies
Table 82 North America Operational Matrix of Key Companies
Table 83 Europe Operational Matrix of Key Companies
Table 84 Middle East & Africa Operational Matrix of Key Companies
Table 85 Middle East & Africa Operational Matrix of Key Companies
Table 86 Global and Regional Key Players Product Feature Mapping, Generators Sets in Power Rating
Table 87 Global Key Players Product Feature Mapping, Generators Sets By Fuel Offering
Table 88 Recent Product Launches By Key Market Players
Table 89 New Products/Services/Technologies Launches, 2014–2017
Table 90 Contracts and Agreements, 2014–2016
Table 91 Expansions & Investments
Table 92 Mergers & Acquisitions
Table 93 Other Developments


List of Figures (52 Figures)

Figure 1 Generator Sales Market Segmentation
Figure 2 Generator Sales Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Countries in Asia-Pacific Provide the Most Attractive Opportunities (2015)
Figure 8 Generator Sales Market Size, By Type, 2016 & 2021 (USD Billion)
Figure 9 Asia-Pacific is Expected to Dominate the Generators Market, From 2016 to 2021
Figure 10 Generator Sales Market Size, By Application, 2016–2021
Figure 11 Top Market Developments (2015–2016)
Figure 12 Attractive Market Opportunities in the Generator Sales Market, 2016–2021
Figure 13 Asia-Pacific Accounted for the Largest Share in the Generator Sales Market in 2015
Figure 14 Asia-Pacific Held the Largest Market Share in 2015
Figure 15 Industrial End-User Segment is Expected to Dominate the Generator Sales Market By 2021
Figure 16 Standby Generators are Expected to Dominate the Generator Sales Market By 2021
Figure 17 Generator Sales: Market Segmentation
Figure 18 Growing Demand for Uninterrupted and Reliable Power Supply is Expected to Drive the Generator Sales Market
Figure 19 Us: Construction Spending on Healthcare Infrastructure
Figure 20 Worldwide Data Center Growth, 2013-2018
Figure 21 Urbanization Trend
Figure 22 Emission Regulation in the U.S. and Canada for Non-Emergency and Mobile Generator Sets
Figure 23 Emission Regulation in the U.S. and Canada for Stationary Emergency Standby Power
Figure 24 Europe: Stage Iii A, Iii B, and Iv Emission Standards for Non-Automobile Diesel Engines
Figure 25 Generator Sales Market Size, By Type, 2016-2021 (USD Million)
Figure 26 Generator Sales Market Size, By Power Rating, 2014-2021 (USD Million)
Figure 27 Generator Sales Market Size, By Application, 2014-2021 (USD Million)
Figure 28 Generator Sales Market Size, By End-User, 2014-2021 (USD Million)
Figure 29 Regional Snapshot: Growing Markets are Emerging as New Hotspots
Figure 30 Generator Sales Market Size, By Region, 2016–2021 (USD Million)
Figure 31 Asia-Pacific Generator Sales Market Overview (2015)
Figure 32 North America Generator Sales Market Overview
Figure 33 Companies Launch New Products/Services/Developments to Capture the Market (2014–January 2017)
Figure 34 Competitive Situation and Trends
Figure 35 Market Evaluation Framework: New Products/ Services/ Technologies Launches and Contracts and Agreements Have Fueled the Growth of Companies During 2014–January 2017
Figure 36 Caterpillar, Inc.: Company Snapshot
Figure 37 Caterpillar, Inc.: SWOT Analysis
Figure 38 Cummins, Inc.: Company Snapshot
Figure 39 Cummins, Inc.: SWOT Analysis
Figure 40 Generac Holdings, Inc.: Company Snapshot
Figure 41 Generac Holdings, Inc.: SWOT Analysis
Figure 42 Kohler Co.: SWOT Analysis
Figure 43 Mitsubishi Heavy Industries, Ltd.: Company Snapshot
Figure 44 Mitsubishi Heavy Industries, Ltd.: SWOT Analysis
Figure 45 Briggs and Stratton Corporation: Company Snapshot
Figure 46 Kirloskar Electric Company Ltd.: Company Snapshot
Figure 47 Rolls-Royce Holdings PLC.: Company Snapshot
Figure 48 Wärtsilä Corporation: Company Snapshot
Figure 49 Wacker Neuson: Company Snapshot
Figure 50 Yanmar Co. Ltd.: Company Snapshot
Figure 51 General Electric Company: Company Snapshot
Figure 52 Honda Motor Co., Ltd.: Company Snapshot

The global generator sales market is projected to grow at a CAGR of 5.7% from 2016 to 2021, to reach a market size of USD 24.45 Billion in 2021. This growth is mainly attributed to increased demand for uninterrupted and reliable power supply from a wide range of end-users such as the residential, IT/telecom, healthcare, utility and power generation, oil & gas, mining, and construction sectors.

The report segments the generator sales market on the basis of type into diesel, gas, and other generators. Diesel generator sets are widely used in manufacturing, healthcare, oil & gas sector, and IT/telecom sector, due to easy availability of fuel, spare parts, and quick response to load change. Due to these reasons the diesel generator segment is projected to dominate the generator sales market during the forecast period. However, due to growing pressure on the environment, the gas type generators sales market is expected to grow at a higher pace during the forecast period.

The generator sales market is segmented based on end-user into residential, commercial, and industrial segments. The industrial end-user segment is expected to grow at the highest rate. The key driving factor will be favourable government policies for the growth of industries in various countries such as Mexico, China, Brazil, and India. The U.S. has come up with new reforms for emission norms for diesel and gas generators which will affect the growth of the market. Generators with new emission norms will reduce the emission of harmful gases such as CO2, NO2, and others in the environment. This new policy reform is expected to drive the sale of generators in the U.S. market.

The generator sales market is segmented on the basis of power rating into below 100 kVA, 100–350 kVA, 351–1,000 kVA, and above 1,000 kVA. The key driving factor for generators falling is this power range is the growth of commercial establishments (malls, financial institutions, data centers, etc.), and high-rise apartments in developing countries such as China, Brazil, India, etc.

Asia Pacific is the largest market by size and is estimated to grow at the highest rate due to high demand for power products in China. China’s high economic growth rate has created increased demand for power generation equipment, such as diesel and gas generators, in the country. Along with this, new policy reforms in India that support the growth of industries have made the country a very lucrative market for OEM manufacturers. This is also likely to create a huge demand for generators in the region.

Generator Sales Market

A major factor restraining the growth of the generators sales market is high maintenance and operation costs. Gas generators are less expensive as compared to diesel. However, they also have a shorter running life as compared to diesel generators. Diesel generators are expensive and have higher costs of maintenance. When comparing both types of generators to renewable energy such as solar, generators have higher operation and maintenance costs and shorter lifespans which, in long run, can cost more as compared to solar power sources.

The market is dominated by a few international players that hold a major share of the generators sales market. The major leaders are Caterpillar, Inc. (U.S.), Kohler Co. (U.S.), Cummins, Inc. (U.S.), Generac Holdings, Inc. (U.S.), and Mitsubishi Heavy Industries, Ltd. (Japan). These players are expanding their market share by winning new contracts and researching and launching new products/services/technologies in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Available Customizations Title

Client Consult Problem Statement :

A leading provider of motor oil and automotive lubricants with over 300 service centers is interested to assess market potential for power generator market in Europe and Russia.

  • To Estimate the Power Generator Market by Application ( Prime/base and Standby),
  • By Power Range (400-1000 kw, 1000-2000 kW, above 2000 kW)
  • By Fuel Type (Diesel, and Gas)
  • By End Use (Agriculture, Mining, Power, Marine, Construction, Oil and Gas, Others)
  • Also, to study the market trends driving the generator market in Europe and Russia
  • Moreover, to define presence of the major owner operators, lease companies, and service providers in the power generator market across Europe
  • To identify and analyze the different&nbsp; products offered by these companies in Europe
  • To estimate the market shares of different generator manufacturers in Europe and Russia
  • To identify various regulations and standards impacting the power generator market in Europe

Solution Provided:
  1. Methodology Adopted by MnM: MnM carried out this study through a combination of Extensive sec....
  1. Methodology Adopted by MnM: MnM carried out this study through a combination of Extensive secondary research is backed up by multiple primary interviews done with various industry experts and stakeholders within target geographies. In order to study and analyze the industry across various segments namely ‘Strategic Assessment of Power Generator Market across Europe and Russia’ MnM team undertook in depth study of available literature, and relevant websites which publish news and related articles on power generation industry. Information was developed in the power generation market by various pointers such as trends in generator sales market, trends in generator demands by power rental service providers, trends in electricity demands, trends in power rental market, trends in used fleet market and opportunities and challenges .In addition to this, MnM team has conducted multiple successful telephonic interviews with key opinion industry leaders that include C-Level executives to understand their perception of the current level of market penetration. By conducting detailed and informative primary discussions within these respondent categories across various functions, MnM analysed current & forecast quantitative market information, and developed deep-dive qualitative insights into industry trends & dynamics across each of the target regions.
  2. Actual Solution Provided:
    • Lube oil Competitors in the market
    • Attractive market for genset (diesel and gas)
    • Attractive countries for investment opportunities
    • Complete competitive intelligence on product capabilities, various services offered, point of parity/differentiation
    • Competitors marketing communications/promotional strategy
    • The target customers segmented by applications in each geographies and other critical parameters
    • The gaps between the customer need (demand) and what is available in the market (supply)

Value Delivered:

After going through detailed market analysis and end-use scenario developed by MnM, its client was able to understand the power genset market in the Europe and Russia region segmented by various countries. With the help of this study, client also understand the market size of diesel and gas generators by different power bands. Through demand analysis, client understand the demand of generators by different end use applications. The granular set of information and recommendations shared by MnM assisted the client target customer in each geography which resulted in its business expansion and revenue growth. MnM also developed valuable information for client to help understand the presence of competitors in the both the geography.

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Client Consult Problem Statement :

MNM’s Client, one of the top 5 Heavy Duty Engine and Spare Parts manufacturers- was interested in competitive intelligence of heavy duty engines and Spare part aftermarket across different zones in India. The key focus of the study included the following:

  • Identification of Heavy Duty and Spare Parts market across North, South, East and West zones.
  • Identification of different applications in Heavy Duty Engines with their respective spare parts.
  • Identification of different heavy duty Series and its Models to benchmark with respect to different OEMs.
  • Identification of industry dynamics and competitive landscape to critically analyze the study

Solution Provided:
  1. Methodology Adopted by MnM :MnM carried out this study through a combination of extens....
  1. Methodology Adopted by MnM :MnM carried out this study through a combination of extensive secondary research followed by primary discussions with Key Opinion Leaders across the value chain within target zones.
    For segmenting the market on the basis of application of engines we tracked the sale of machines, vehicles and Vessels in the provided applications, for example sale of tractors or trucks in India. This way we derived the base number for further analysis and forecasts of the engines and spare parts. Both, top-down and bottom-up approaches were used to cover key sources of primary information that included suppliers of heavy duty engines, along with manufacturers of heavy duty spare parts, and other industry experts. By conducting detailed and informative primary discussions with the respondent categories across various functions, MnM analyzed current & forecast quantitative market information, and developed deep-dive qualitative insights into industry trends & dynamics across each of the target applications. In total, MnM conducted 50 primary discussions, of which 40 were the OEMs, while the rest consisted of various industry experts.
  1. Actual Solution Provided: -
      • MnM studied applications under heavy duty engines (On Highway, Off Highway, Marine, Stationary, and Mining & Construction) along with their segmented engine capacity (Hp range) and divided by different zones (North, East, South, and West) and recommended the growth applications along with the leading OEMs for gauging the market.
      • Spare Parts (liners, filters, water pumps, gaskets and piston ring sets) were then estimated to identify the leading spare parts manufacturers
      • Each vertical was studied on a state-level granularity, to understand product yields per state, in order to identify the best addressable market for each vertical.

Value Delivered:

The project assisted the client in identifying the segment of engines to focus upon, for manufacturing their spare parts. MNM supplied client with historic data of 2014, estimated data of 2015, forecasts for 2020, and growth rate for 2015 to 2020. Data for these years was provided for the number of engine by above mentioned segmentations. The analysis for number of spare parts that Federal Mogul was focusing upon was also presented to the client.

Client had a special focus upon the business intelligence and market status of engine model series for Cummins, Kirloskar, CAT, Komatsu, Detroit and Volvo. We provided the client a detailed analysis of required engine models for each company. Special field primaries were conducted for this analysis in which we interviewed the managers from engine refurbishing plants. The project delivered value to client in form of the intelligence utilizing which the client can analyze its current operations and formulate its future business strategy.

Project included the competitive intelligence of engine manufacturers, in which we provided the market share of major engine manufacturers on the basis geographical zones in India. We also provided the client with analysis of major cities across India with their strategic importance.

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Client Customization Problem Statement : Market Sizing/ Forecasting for Generator Sales Market for Cuba, Jamaica and Puerto Rico

Solution Provided:
MnM's client needed beyond the insights into report for Market size and trends of  Cuba, Jamaica and Puerto Rico....
MnM's client needed beyond the insights into report for Market size and trends of  Cuba, Jamaica and Puerto Rico
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Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

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