Silent Generator Market

Cummins. Inc. (US) and Rolls- Royce Holdings (UK) are the Major Players in the Silent Generator Market

The silent generators market is expected to grow from an estimated USD 3.0 billion in 2022 to USD 4.1 billion by 2027, at a CAGR of 6.5% during the forecast period. Silent generators are machines that convert mechanical energy into electricity. They can be used for residential, commercial, as well as industrial purposes. They are widely preferred because of their reliable performance, ease of operation, and soundproof enclosure. A silent generator enclosure contains composite materials, which include hard materials intended to reflect the sound, and porous as well as resilient materials, which absorb sound and convert it into heat energy.

A few major players have a wide regional presence and dominate the silent generators market. The leading players in the silent generators market include Atlas Copco (Sweden), Cummins. Inc. (US),  Rolls- Royce Holdings (UK), Generac (US), and Honda (Japan).

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The major strategies adopted by these players include new product launches, contracts & agreements, investments & expansions, mergers & acquisitions, joint ventures, and partnerships & collaborations. New product launches were the most adopted strategy from January 2017 to November 2021. 

Cummins Inc. is a global provider of high-speed and high-horsepower engines and power generation equipment, such as standby and prime power generator sets, alternators, switchgear, and other components. It operates in 5 business segments, namely Engine, Distribution, Components, Power Systems, and New Power. The company offers silent generators through its Power Systems business segment. Engine is the highest revenue-producing business segment, contributing 33% to the overall revenue. Power Systems business segment contributed 15% in FY 2021. Power Systems segment is organized into 3 product line Power Generation, Industrial and Generator Technologies. The revenue from Power Systems business segment for FY 2021 was USD 4.4 billion. The company’s revenue increased by 21% in all business segment for FY 2021 as compared to FY 2020. Generators have various operating parameters such as radial vibration, tangential vibration, axial vibration, speed, operating hours, number of starts, supply frequency, and output power to determine the condition and health of generators.

Rolls-Royce Holdings is a key provider of integrated power and propulsion systems. It operates through four segments, namely Civil Aerospace, Power Systems, Defense, and ITP Aero. The company offers silent generators under its Power Systems business segment. Company’s highest revenue generating segment is Civil Aerospace which accounts 42.7% of its business revenue. The Power Systems segment accounts for 21.3% of the company’s business revenue; its revenue for FY 2020 was USD 13.5 billion. The total revenue of the company declined by 27% and Power Systems segment revenue dropped by 15.6% in FY 2020 due to COVID-19 pandemic. The Power Systems segment provides high- and medium-speed reciprocating engines, distributed energy solutions, complete propulsion and drive systems, and fuel injection systems. It caters to the marine, land defense, mining, construction, agriculture, naval, rail, oil & gas, and power generation sectors.

Related Reports:

Silent Generator Market by Sound Level (Super Silent, Silent), Fuel (Diesel, Natural Gas), Power Rating (Up to 25 kVA, 25-49 kVA, 50-99 MW, 100-499 kVA, & Above 500 kVA), Phase, Type, Application, End-User Industry and Region - Global Forecast to 2027

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Silent Generator Market Size,  Share & Growth Report
Report Code
EP 8055
RI Published ON
3/8/2022
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