Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous), Power Rating (<100 KVA, 100-350 KVA, 350-1000-2500 KVA, 2500-5000 KVA) - Global Forecast to 2024

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May 14, 2019, 06:15 ET

DUBLIN, May 14, 2019 /PRNewswire/ -- The "Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous), Power Rating (<100 KVA, 100-350 KVA, 350-1000-2500 KVA, 2500-5000 KVA, etc.), End-User (Residential, Commercial, Industrial) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The generator sales market is expected to grow from an estimated USD 22.31 billion in 2019 to USD 29.30 billion by 2024, at a CAGR of 5.60% from 2019 to 2024.

Generators can be used in standby, prime, continuous, and peak shaving applications in various end-user sectors such as industrial, commercial, and residential. The main driver of the generator sales market is the rising demand for uninterrupted and reliable power supply from end-users and increased demand for IT infrastructure management. Rising adoption of energy storage technologies can act as a restraint for the generator sales market.

The major factor driving the market is the increasing demand for uninterrupted and reliable power supply from various end-users such as the healthcare sector, IT facilities data centers, research centers, and the residential sector. The generator sales market is also driven by the growth of data centers in developing countries. Countries around the world have a building code and safety standards related to backup power for mission-critical infrastructures such as the IT infrastructure. The increasing demand for IT infrastructure management and expansion of existing facilities are expected to create demand for generator sets during the forecast period.

The key players operating in this market are Caterpillar (US), Cummins (US), Rolls-Royce Holdings (UK), Wartsila Corporation (Finland), Yanmar (Japan), and Kohler (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Generator Sales Market
4.2 Generator Sales Market, By End-User
4.3 Generator Sales Market, By Country
4.4 Generator Sales Market, By Power Rating

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Demand for Uninterrupted & Reliable Power Supply From End-Users
5.2.1.2 Increasing Demand for It Infrastructure
5.2.1.3 Rapid Urbanization in Developing Countries
5.2.2 Restraints
5.2.2.1 Rising Adoption of Energy Storage Technologies
5.2.2.2 Significant Investments to Modernize/Upgrade the Existing T&D Infrastructure
5.2.3 Opportunities
5.2.3.1 Increasing Requirement of Hybrid Generators, Bi-Fuel, and Inverter Generators
5.2.3.2 Developing Economies
5.2.4 Challenges
5.2.4.1 High Operation & Maintenance Cost
5.2.4.2 Stringent Emission & Noise Control Norms

6 Generator Sales Market, By Fuel Type
6.1 Introduction
6.1.1 Diesel
6.1.1.1 Rapid Development of Industrial Infrastructure
6.1.2 Natural Gas
6.1.2.1 Development of Gas Distribution Network By Developing Countries
6.1.3 Others
6.1.3.1 Rising Focus on Development of Alternative Fuels

7 Generator Sales Market, By Power Rating
7.1 Introduction
7.1.1 Below 100 kVA
7.1.1.1 Rapid Development of Telecom, Retail and Other Industries
7.1.2 100-350 kVA
7.1.2.1 Rising Investment in the Construction Industries
7.1.3 350-1,000 kVA
7.1.3.1 Development of Oil & Gas and Mining Industries
7.1.4 1,000-2,500 kVA
7.1.4.1 Increasing Investment for Chemical and Commercial Sector
7.1.5 2,500-5,000 kVA
7.1.5.1 Rising Investment for Power Generation
7.1.6 Above 5,000 kVA
7.1.6.1 Rapid Development of Marine and Mining Industries

8 Generator Sales Market, By Application
8.1 Introduction
8.2 Standby
8.2.1 Rising Demand From Hospitals, Data Centers and Others
8.3 Prime & Continuous
8.3.1 Increasing Demand for Power From Manufacturing Industries
8.4 Peak Shaving
8.4.1 Improving Demand for Power in Summer and Winter Seasons

9 Generator Sales Market, By End-User
9.1 Introduction
9.2 Industrial
9.2.1 Rising Investment in the Industrial Sector
9.2.2 Utilities/Power Generation
9.2.2.1 Improving and Modernizing of Transmission Networks
9.2.3 Oil & Gas
9.2.3.1 Increasing Demand for Heavy Duty Generators
9.2.4 Other Industrial
9.2.4.1 Rising Demand From Marine, Chemical, Military and Manufacturing
9.2.5 Commercial
9.2.5.1 Development of Infrastructure to Cater to the Rapidly Growing Power Demand.
9.2.6 IT & Telecom
9.2.6.1 Increasing Demand From It and Telecom Industry
9.2.7 Healthcare
9.2.7.1 Rising Investment in the Healthcare Sector
9.2.8 Others
9.2.8.1 Increasing Investment for Shopping Complexes
9.2.9 Residential
9.2.9.1 Rising Development of Real Estate Sector

10 Generator Sales Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Increase in Shale Gas Production and Weather-Related Incident
10.2.2 Canada
10.2.2.1 Rapid Development of Oil & Gas Industry
10.2.3 Mexico
10.2.3.1 Increasing Investment for the Development of Natural Gas Industry
10.3 South America
10.3.1 Brazil
10.3.1.1 Development of Southern and Eastern Parts of the Nation
10.3.2 Argentina
10.3.2.1 Rising Offshore Exploration and Foreign Investments
10.3.3 Rest of South America
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Development of Industrial and Real Estate Sector
10.4.2 India
10.4.2.1 Increased Demand for Development of Green Building
10.4.3 Japan
10.4.3.1 Renovation of Grid Infrastructure and Rising Natural Gas Production
10.4.4 Australia
10.4.4.1 Rising Development of Construction and Mining Activities
10.4.5 South Korea
10.4.5.1 Increasing Investment for Natural Gas
10.4.6 Rest of Asia Pacific
10.5 Europe
10.5.1 Russia
10.5.1.1 Rising Investment for Transport and Healthcare Infrastructure
10.5.2 UK
10.5.2.1 Rapid Development of ICT Buildings and Aged Infrastructure
10.5.3 Germany
10.5.3.1 Increasing Development of Renewable Energy
10.5.4 France
10.5.4.1 Increased Demand for Grid Infrastructure
10.5.5 Rest of Europe
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.1.1 Plans for Investment in Infrastructure Development
10.6.2 UAE
10.6.2.1 Rising Focus on Expansion of the Oil & Gas and Tourism Sector
10.6.3 South Africa
10.6.3.1 Increasing Focus on Development of Construction Sector
10.6.4 Nigeria
10.6.4.1 Rapid Development of Transmission and Distribution Network
10.6.5 Algeria
10.6.5.1 Increasing Demand for Industrial Sector
10.6.6 Rest of Middle East & Africa

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis, 2018
11.3 Competitive Scenario
11.3.1 New Product Developments (2016-2018)
11.3.2 Investments & Expansions (2015-2017)
11.3.3 Mergers & Acquisitions (2015-2016)
11.3.4 Contracts & Agreements (2016-2017)
11.3.5 Others (Partnerships/Collaborations/Joint Ventures/Awards & Recognitions) (2016)
11.4 Micro Quadrant Overview
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging

12 Company Profiles
12.1 Benchmarking
12.2 Caterpillar
12.3 Yanmar
12.4 MQ Power
12.5 Kohler
12.6 Generac
12.7 Cummins
12.8 Wacker Neuson
12.9 Wartsila
12.10 Rolls-Royce (MTU Onsite Energy)
12.11 Briggs & Stratton
12.12 Mitsubishi Heavy Industries
12.13 Sterling & Wilson
12.14 Weichai Group

For more information about this report visit https://www.researchandmarkets.com/r/93a4bt

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