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Asia Pacific Commercial Standby Generator Sets Market Share

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

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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.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of commercial standby generator sets in APAC was worth USD 6.6 billion in 2023 and is estimated to surpass USD 13.1 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.