Gas Generator Sets Market Size

Report ID: GMI3221
   |
Published Date: November 2024
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Report Format: PDF

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Gas Generator Sets Market Size

The global gas generator sets market was valued at USD 6.9 billion in 2024 and is estimated to grow at a CAGR of 8.8% from 2025 to 2034. The increasing emphasis toward the deployment of cleaner energy sources driven by growing climate change awareness will promote the deployment of these products. Additionally, the ongoing expansion of unconventional gas resources particularly in the U.S. shale sector and bolstered by supportive legislation will contribute to the industry growth.

 

gas generator sets market

A gas generator set is an electrical device that includes a generator, a gas engine, and various auxiliary components to produce electrical power. This equipment is primarily used to supply emergency power during grid outages or to provide electricity at sites without grid access. Increasingly stringent emissions and pollution control regulations imposed by governments and regulatory bodies are set to positively influence the generator set market.
 

 

Authors: Ankit Gupta, Shubham Chaudhary
Frequently Asked Question(FAQ) :
How big is the gas generator sets market?
The global market for gas generator sets was reached USD 6.9 billion in 2024 and is estimated to grow at a CAGR of 8.8% from 2025 to 2034, driven by the increasing emphasis on cleaner energy sources.
How significant is the market for gas generator sets with a capacity between 330 kVA and 750 kVA?
Who are the major players in the gas generator sets market?
How large is the U.S. gas generator sets market expected to be by 2034?
What is the growth rate of the peak shaving gas generator sets market?
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    Base Year: 2024

    Companies covered: 18

    Tables & Figures: 47

    Countries covered: 37

    Pages: 150

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