Commercial Gensets Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share and Forecast, 2020 - 2026

Report ID: GMI3759

Summary Methodology

Commercial Genset Market size will witness substantial acceleration owing to resurgence in commercial centers & exponential growth in data centers requiring uninterrupted power supply. Burgeoning investment in infrastructure and construction of buildings where supply of electricity is indispensable for operational reliability is further stimulating the product adoption.

Disruption of supply to commercial infrastructure during disasters is immensely risky and incurs incalculable losses for the establishments thereby propelling the commercial genset market. This is supplemented by increasing climactic volatility will originate greater natural disasters comprising of floods, storms & earthquakes disrupting the electric supply hence necessitating the usage of genset market in order to maintain the supply of electricity. For instance, in 2018, there were 280 recorded instances of natural disasters while in 1980 there were 120 disasters indicating the drastic upswing in the disasters.

Considerable energy demand surpassing supply to a significant degree across various emerging nations in tandem with inadequate generation capacity will propel the commercial genset market size. Rapidly growing energy demand across urban areas will increase the frequency of load shedding boosting the product demand in commercial establishments. Moreover, higher investments in mining industry and offshore segment to compensate the limited electricity infrastructure for providing reliable power distribution.

Increasingly stringent emission norms and regulatory conditions across the world in combination with abundant supply of natural gas will boost gas gensets market size. Enormous investments in the development of downstream natural gas infrastructure in the form of pipes and gas stations will foster their demand to a significant extent. Cost-effectiveness, long life, reliable performance & enhanced efficiency are some of the vital parameters that will boost the product demand.

>750 kVA commercial genset market size will witness robust growth on account of their extensive applicability across construction & infrastructure segment in alliance with the radical proliferation of data centers & telecommunications equipment. Increasing data usage of consumers on e-commerce platforms, online entertainment consumption & social networks will further stimulate the product adoption. Furthermore, massive requirement for electricity from the communication segment for maintaining uninterrupted supply during natural calamities will necessitate the installation of highest capacity gensets. Bitcoin mining & allied industries contributing to substantial electricity requirement will further encourage the installation of these products.

Unprecedented urbanization rates accompanied by a concurrent rise in commercial establishments in conjunction with insufficient electricity supply by electric utilities will trigger frequent load shedding, thereby fostering the commercial gensets market growth in Africa. Moreover, expansionary capital expenditure toward construction and infrastructure development will provide a powerful impetus to the product demand.

Eminent market players in the commercial genset market are Himoinsa, Ingersoll-Rand, Cummins, Atlas Copco, JCB, Stratton, Wartsila, SDMO, Generac & Yamaha Motor amongst others.

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X