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Gas Generator Sets Market Share
- Report ID: GMI3221
- Published Date: May 2023
- Report Format: PDF
Gas Generator Sets Market Share
The key participants operating across the market include:
- Cummins
- Briggs & Stratton
- Kohler Co
- Generac Power Systems
- Caterpillar
- Rolls-Royce Plc
- HIMOINSA
- Mahindra Powerol
- Aggreko
- Eaton
- Champion Power Equipment
- DuroMax Power Equipment
- FIRMAN Power Equipment
- WEN Products
- Westinghouse Outdoor Power Equipment and Camda New Energy Equipment.
Frequently Asked Questions (FAQ) :
The market size of gas generator sets surpassed USD 6.2 billion in 2023 and will register 9% CAGR from 2024 to 2032 propelled by supportive government regulations on emissions and pollution control.
The > 750 kVA segment held a industry share of above 25% in 2022 as a result of the surging reliance on digital technologies, along with increasing demand for uninterrupted & reliable power supply.
The gas generator sets industry size from peak shaving crossed valuation of USD 450 million in 2022 owing to increasing electricity demand from various application areas.
Europe gas generator sets industry is expected to reach USD 2 billion by 2032 attributed to booming data center infrastructure, coupled with increasing investments across the construction sector in the region.
Cummins, Briggs & Stratton, Kohler Co., Generac Power Systems, Caterpillar, Rolls-Royce Plc, HIMOINSA, Mahindra Powerol, Aggreko, Eaton, Champion Power Equipment, DuroMax Power Equipment are some of the major manufacturers of gas generator sets.
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