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Asia Pacific Commercial Standby Generator Sets Market Size - By Fuel (Gas, Diesel), Application (Telecom, Healthcare, Data Centers, Government Centers, Hospitality, Retail Sales, Agriculture, Aquaculture), Power Rating & Forecast, 2023 – 2032

  • Report ID: GMI7171
  • Published Date: Oct 2023
  • Report Format: PDF

Asia Pacific Commercial Standby Generator Sets Market Size

Asia Pacific Commercial Standby Generator Sets Market was valued at USD 4.1 billion in 2022 and is anticipated to expand at a CAGR of over 7.8 CAGR from 2023 to 2032. Many businesses and facilities operate in off grid locations resulting in high dependence on power, standby generators are often used to ensure uninterrupted power supply in these locations. For instance, in the fiscal year 2022, India's industrial production saw a significant rebound, achieving a growth rate of over 11%.

Asia Pacific Commercial Standby Generator Sets Market

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The rapid growth and industrialization have led to an increase in demand for uninterrupted and reliable power supply will foster the generator sets market. Furthermore, these gensets are proven to be very essential for medical infrastructure and healthcare centers as they rely on continuous power to support life-saving equipment and maintain patient care, which in turn will drive the business growth.

COVID– 19 Impact

The COVID-19 outbreak has been responsible an extremely critical economic slowdown and has affected some of the sectors with very high intensity. Delays in the development and expansion of commercial establishments led to a slowdown in the industry. On the hand Ongoing immunization campaigns and rising healthcare sector led to relaxation of the slowdown for these gensets.

Asia Pacific Commercial Standby Generator Sets Market Trends

The commercial gensets industry will experience a growth owing to an increase in weather-related disasters and a rise in the frequency of brief power outages worldwide. The growing commercial sector and rising consumer awareness of backup power solutions have been proven to be influential on business growth. The industry has consistently worked on technological advancements to create gensets that meet the strict regulatory requirements. A rapid expansion in data centers and IT infrastructure are seen to be influential in catering the demand for the industry.

Commercial standby generator sets refer to a class of backup power generation systems designed and installed in commercial and industrial settings to provide a reliable and uninterrupted supply of electricity during power outages, grid failures, or other electrical disruptions. These generators are stationary and permanently installed on-site, and they automatically activate when they detect an interruption in the primary power source.

Asia Pacific Commercial Standby Generator Sets Market Analysis:

 Asia Pacific Commercial Standby Generator Sets Market Size, By Power Rating, 2021 - 2032 (USD Billion)

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Based on power rating, the ≤ 75 kVA commercial gensets market will witness 7.7% growth rate up to 2032. Smaller capacity gensets are versatile and can be easily transported to different locations, making them suitable for wide tandem of applications. In addition, increasing applicability across data centers, healthcare facilities, manufacturing, and retail sector will fuel the product penetration.

 Asia Pacific Commercial Standby Generator Sets Market Revenue Share, By Fuel, 2022

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Based on fuel, the gas generator sets market holds a share of over 25% in 2022. Growing emphasis on cleaner and more environmentally friendly energy sources will energize the industry dynamic. Ongoing technological advancements including improved engine efficiency and control systems, made gas generator sets more reliable and efficient.

Based on application, the telecom gensets industry was worth USD 1.4 billion in 2022. Surging focus on sustainability and reducing carbon emissions, the telecom industry was increasingly adopting cleaner and more sustainable power solutions. This included integrating renewable energy sources like solar panels and wind turbines with generator sets to reduce their environmental footprint.

China Commercial Standby Generator Sets Market Size, 2021 - 2032 (USD Billion)

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  • The China standby generator sets market was valued at USD 2.3 billion in 2022. Escalating data centre outage costs has led to rise in the market demand for the standby genset market. Gensets are crucial for construction sites and infrastructure development projects to power tools, machinery, and temporary facilities.
  • Standby gensets provide a reliable backup power source to ensure uninterrupted operations.  This demand is driven by factors including rapid urbanizations, Burgeoning expansion in the telecom sector, increasing intensity & frequency of weather-related disasters. power grid experiences occasional outages and voltage fluctuations, especially in remote and rural areas.

Asia Pacific Commercial Standby Generator Sets Market Share

The primary players in the Asia Pacific commercial standby generator sets industry employ a range of tactics to uphold and enhance their market presence. These approaches are typically influenced by factors such as competitive pressures, technological innovations, shifts in regulations, and evolving customer preferences.

The major players operating across the industry include:

  • Cummins
  • Kirloskar
  • Briggs & Stratton
  • Kohler
  • Generac Power Systems
  • Yamaha Motor
  • Powerica Ltd.
  • Escorts Group
  • Himoinsa
  • Caterpillar
  • Atlas Copco
  • J C Bamford Excavators
  • Mahindra Powerol
  • Rolls-Royce
  • Ashok Leyland
  • Wärtsilä
  • Doosan Portable Power
  • Mitsubishi Heavy Industries
  • Deutz
  • Kubota Corporation

Mahindra Powerol is known for its reliable and efficient gensets, and it has a notable presence in the gensets market. The company has been a prominent player in the backup power generation sector, providing generators for various applications, including residential, commercial, and industrial purposes. They offer a wide range of gensets with various power capacities to cater to different customer needs.

Asia Pacific Commercial Standby Generator Sets Market News:

  • In March 2022, Mitsubishi announced the MGS-R variants of diesel generator sets. This series is designed to meet the power demands of the digital economy, focusing on data centers in the Asian and Middle Eastern markets. With 21 models and power outputs from 500 to 2,750 kVA, the series offers a 10-second startup, compact 12-cylinder engine, and extended overhaul intervals. The generators comply with leading industry standards, including ISO Class G3 and Uptime Institute Tier 3 and Tier 4 standards for data center reliability.
  • In January 2021, Caterpillar Inc. announced new models of Cat GC. This range of standby power solutions targets the global electrical contractor market. These sets cater from 50 Hz to 60 Hz applications, simplifying specifications, reducing quotation and delivery times, and meeting budget constraints. The range includes models with power ratings from 33 to 400 kVA for 50 Hz applications globally. They are designed for efficiency, reliability, and ideal for standby power applications in various sectors.

This Asia Pacific commercial standby generator sets market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD” from 2019 to 2032, for the following segments:

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By Fuel

  • Gas
  • Diesel

By Power Rating

  • ≤ 75 kVA
  • > 75 kVA - 375 kVA
  • > 375 kVA - 750 kVA
  • > 750 kVA

By Application

  • Telecom
  • Healthcare
  • Data Centers
  • Educational Institutions
  • Government Centers
  • Hospitality
  • Retail Sales
  • Agriculture
  • Aquaculture
  • Others

The above information has been provided for the following countries:

  • China
  • Australia
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • Philippines
  • Myanmar
  • Bangladesh


Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of commercial standby generator sets in APAC was worth USD 4.1 billion in 2022 and is estimated to surpass USD 8.7 billion by 2032, owing to higher dependency on power and ensuring uninterrupted power supply.

The gas fuel segment held over 25% of the Asia Pacific commercial standby generator sets market share in 2022, driven by the surging emphasis on cleaner and more environmentally friendly energy sources.

China standby generator sets industry exceeded USD 2.3 billion in 2022, due to the escalating data centre outage costs.

Cummins, Kirloskar, Briggs & Stratton, Kohler, Generac Power Systems, Yamaha Motor, Powerica Ltd., and Escorts Group are some of the major commercial standby generator set providers in APAC.

Asia Pacific Commercial Standby Generator Sets Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 435
  • Countries covered: 11
  • Pages: 160
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