The Worldwide Silent Generator Industry is Expected to Reach $4.1 Billion by 2027

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Apr 11, 2022, 15:15 ET

DUBLIN, April 11, 2022 /PRNewswire/ -- The "Global 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 - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The silent generator market is projected to reach USD 4.1 billion by 2027 from an estimated of USD 3.0 billion in 2022, in order to meet the increasing demand from power sector.

Some of the major driving factors for the market include the increase in backup power market worldwide due to the increased power outages and blackouts. However, factors such as healthy growth of industrial sectors and increasing demand for generator in mining, and oil & gas industries is likely to propel market growth for silent generators.

The silent generators segment is expected to grow at the highest CAGR from 2020 to 2027

Based on the sound level of silent generator systems, the silent generator segment is estimated to be the fastest-growing market from 2020 to 2027. Super silent generator sound level is below 60 (dB) and silent generator sound level ranges between 60 (dB) to 70 (dB). Silent generators are useful in schools, hospitals, courts, etc. whereas super silent generators are very much helpful for residential and commercial purpose.

Stationary segment by type is projected to emerge as the largest segment for silent generators market

The stationary segment, by type, is projected to hold the highest market share during the forecast period. Stationary generators fulfill urgent power requirements of business. Stationary generators can also be used as standby generators for power backup to essential equipment and services for a short period of until utility power is restored. These generators are used when backup power requirements are low or only temporary. Silent portable generators can be used for residential purpose, for recreational purpose, at construction sites, at farms and during camping trips.

The single phase segment is expected to grow at the highest CAGR from 2022 to 2027

Based on the phase of silent generator systems, the single phase is estimated to be the fastest-growing market from 2020 to 2027. The silent generator market is segmented by phase, into single phase generators and three phase generators. Three phase generators have three conductor wire, has large load capacity and can be used for industrial purposes. Single phase generators have high maintenance cost and are less efficient as compared to three phase generators. Single phase generators are ideal for devices which require small loads or home appliances.

Up to 25 kVA segment by power rating is expected to emerge as the largest segment for silent generators market

The Up to 25 kVA segment, by power rating, is projected to hold the highest market share during the forecast period. The silent generators market has been segmented, based on power rating, 25 kVA, 25 kVA - 49 kVA, 50 kVA - 99 kVA, 100 kVA - 499 kVA, and above 500 kVA. Growth in the above 500 kVA segment is mainly driven by the growing oil & gas and healthcare industries in North America and the increasing demand for distributed power generation in industries in Asia Pacific.
The Asia Pacific region is expected to dominate the 100-499 kVA segment during the forecast period. The growth in the segment is mainly attributed to the industrial and commercial end users in developing economies such as China and India. 50-99 kVA silent generators power rating are used for providing power backup solutions for residential and small-scale commercial users. The 25-49 kVA silent generators are used for power applications such as pumps, air conditioners, drills, high-pressure washers, and industrial motors.

The diesel segment by fuel is expected to grow at the highest CAGR from 2022 to 2027

Based on the fuel of silent generator systems, diesel component is estimated to be the fastest-growing market from 2020 to 2027 as diesel gas generators are environment friendly. Companies such as Generac, Atlas Copco are key players for silent diesel generator. The silent generators market by fuel type is classified into diesel, natural gas and others. Diesel generators are used for emergency purpose and come with single and three phase. Companies like Atlas Copco, Cummins, Generac and Mahindra Powerol are top producer of silent diesel generators. The other gensets fuel types include petrol, LPG, biodiesel, coal gas, producer gas, and propane gas-based generators.

Standby and peak segment by application is expected to emerge as the largest segment for silent generators market

The standby and peak process segment, by application, is projected to hold the highest market share during the forecast period. The standby and peak generators are very useful in power outages and blackouts and are driving the market growth globally. Increased industrialization has boosted growth opportunities for silent generators driven by reliability on backup power solutions.

Residential segment by end-user is expected to be the largest segment for silent generators market

The residential segment, by application, is projected to hold the highest market share during the forecast period. The rapid industrialization will boost the growth of silent generator globally. The residential sector faces frequent power shortage, silent generator can help to overcome this problem. Also, the increasing number of frequent blackouts and weather conditions across various regions is expected to boost the demand for residential silent generator.

North America: The largest silent generators market

North America is currently the largest silent generators market, followed by Europe and Asia Pacific. Mexico accounted for the maximum share of the North America market in 2020. It is also projected to grow at the highest CAGR from 2022 to 2027. The market is expected to grow due to rapid industrialization, emissions regulations related to diesel and gas generator, power outages, and high peak-time unit electricity costs.

Key Topics Covered:

1. Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Silent Generator Market
4.2 Silent Generator Market, by Region
4.3 Silent Generator Market in North America, by Application and Country
4.4 Silent Generator Market, by Sound Level
4.5 Market, by Type
4.6 Market, by Phase
4.7 Market, by Power Rating
4.8 Market, by Fuel
4.9 Market, by Application
4.10 Market, by End-user

5 Market Overview
5.1 Introduction
5.2 COVID-19 Health Assessment
5.3 Road to Recovery
5.4 COVID-19 Economic Assessment
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Expanding Manufacturing Sector in Asia-Pacific is Driving Demand for Power Generation Systems and Silent Generators
5.5.1.2 Increasing Instances of Power Outages due to Aging Grid Infrastructure and Extreme Weather Conditions Have Led to Increasing Demand for Portable Silent Generators
5.5.1.3 Surging Demand for Silent Diesel Generator Sets
5.5.1.4 Growing Demand for Continuous and Reliable Power Supply During Blackouts from the Residential Sector
5.5.2 Restraints
5.5.2.1 Rising Adoption of Energy Storage Technologies and Renewable Energy Sources
5.5.2.2 Limited Power Generation Capacity of Silent Portable Generators
5.5.2.3 Significant Investments for Upgrading Existing T&D Infrastructure
5.5.2.3.1 T&D Infrastructure Expansion Plans
5.5.3 Opportunities
5.5.3.1 Electrification of Rural Areas to Provide Electricity in Developing Countries
5.5.3.2 Growing Trend of Distributed Power Generation Presents New Opportunities for Silent Generators
5.5.4 Challenges
5.5.4.1 Stringent Government Regulations Associated with All Generators
5.5.4.2 Shortage of Components/Parts Used in Manufacturing Generators
5.6 Trends
5.6.1 Revenue Shift and New Revenue Pockets for Silent Generators Manufacturers
5.7 Market Map
5.7.1 Market Map for Silent Generators
5.8 Value Chain Analysis
5.8.1 Raw Material Providers/Suppliers
5.8.2 Component Manufacturers/Assemblers
5.8.3 Distributors (Buyers)
5.8.4 End-users
5.8.5 Post-Sales Services
5.9 Key Conferences & Events in 2022-2023
5.10 Tariff and Regulatory Landscape
5.10.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.11 Average Selling Price Trend
5.12 Technology Analysis
5.12.1 Safety Technology for Silent Generators
5.12.2 Hybrid Generators
5.13 Silent Generator Market: Market Codes and Regulations
5.14 Innovations and Patent Registrations
5.15 Porter's Five Forces Analysis
5.15.1 Threat of Substitutes
5.15.2 Bargaining Power of Suppliers
5.15.3 Bargaining Power of Buyers
5.15.4 Threat of New Entrants
5.15.5 Intensity of Competitive Rivalry
5.16 Case Study Analysis
5.16.1 Bhojsons to Boost Healthcare Service Delivery with Kirloskar Green Generators in Nigeria
5.16.2 Honda Power Equipment Launches Co-Minder System - An Advanced Carbon Monoxide Detection System Across Entire Generator Segment

6 Silent Generator Market, by Sound Level
6.1 Introduction
6.2 Super Silent Generators
6.3 Silent Generators

7 Silent Generator Market, by Phase
7.1 Introduction
7.2 Single-Phase Generators
7.3 Three-Phase Generators

8 Silent Generator Market, by Type
8.1 Introduction
8.2 Portable Generators
8.3 Stationary Generators

9 Silent Generator Market, by Power Rating
9.1 Introduction
9.2 Up to 25 Kva
9.2.1 Features Such as High Load Capacity and Low Fuel Consumption of Gensets Drive Market for this Range
9.3 25-49 Kva
9.3.1 25-49 Kva Silent Generators are Best Power Backups for Industrial and Commercial Sectors
9.4 50-99 Kva
9.4.1 Features Such as Noise Attenuation and Low Emissions Drive Market for this Range
9.5 100-499 Kva
9.5.1 Infrastructure/Construction Sectors are Highly Responsible for Propelling Demand for Generators in this Range
9.6 500 Kva and Above
9.6.1 Gensets of this Range are Widely Used for Feeding Power to Utility Grids and as Power Supply During Power Outages

10 Silent Generator Market, by Fuel Type
10.1 Introduction
10.2 Diesel
10.2.1 Ease of Availability of Diesel as Fuel and Long-Life Span of Diesel Generators Drive Market Growth
10.3 Natural Gas
10.3.1 Growing Demand for Clean Energy to Drive Market
10.4 Others

11 Silent Generator Market, by Application
11.1 Introduction
11.2 Standby and Peak
11.3 Prime Mover

12 Silent Generator Market, by End-user
12.1 Introduction
12.2 Residential
12.2.1 Frequent Blackouts Owing to Aging Grid Infrastructure Driving Market Growth
12.3 Commercial
12.3.1 Increasing Demand for Reliable Power from Small Commercial Establishments
12.4 Industrial
12.4.1 Rising Need to Avoid Production of Noise Has Increased Demand for Silent Gensets in Industrial Sector

13 Geographic Analysis

14 Competitive Landscape
14.1 Strategies by Key Players
14.2 Market Share Analysis of Top Five Players
14.3 Revenue Analysis of Top Five Market Players
14.4 Company Evaluation Quadrant
14.4.1 Star
14.4.2 Pervasive
14.4.3 Emerging Leader
14.4.4 Participant
14.5 Silent Generator Market: Company Footprint
14.6 Competitive Scenario

15 Company Profiles
15.1 Key Players
15.1.1 Cummins Inc.
15.1.2 Rolls-Royce Holdings
15.1.3 Atlas Copco
15.1.4 Generac
15.1.5 Honda
15.1.6 Mahindra Powerol
15.1.7 Kirloskar Oil Engines Ltd. (Koel)
15.1.8 Multiquip Inc.
15.1.9 Greaves Cotton Limited
15.1.10 Yanmar
15.1.11 Huu Toan Corporation
15.1.12 Himoinsa
15.1.13 Jakson Group
15.1.14 Jiangxi Vigorous New Energy Technology Co., Ltd
15.1.15 Kingway Group
15.1.16 Yamaha
15.1.17 Constant Power Solutions Ltd.
15.1.18 Kubota
15.1.19 Sichuan Yatu Generator Manufacturing Co., Ltd
15.2 Other Players
15.2.1 Wuxi Kipor Power Co., Ltd.
15.2.2 Whisper Power
15.2.3 Fujian Epos Electric Machinery