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North America Commercial Gensets Market Share

Report ID: GMI6987
Published Date: Oct 2023
Report Format: PDF

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North America Commercial Gensets Market Share

The key participants in the North American commercial gensets industry employ various strategies to maintain and strengthen their foothold in the industry. These strategies are often shaped by factors like competitive dynamics, advancements in technology, changes in regulatory frameworks, and evolving customer choices.

The major players operating across the market include

Caterpillar Inc.
Cummins Inc.
Generac Power Systems
Kohler Co.
MTU Onsite Energy
Wärtsilä
Deutz AG
Atlas Copco
FG Wilson
Doosan Portable Power
Yanmar Co., Ltd.
Himoinsa
Briggs & Stratton Corporation
Ingersoll Rand
Mitsubishi Heavy Industries
Pramac
Perkins Engines Company Limited
SDMO Industries
Multiquip Inc.
HIPOWER Systems

Cummins is a global leader in the design, manufacturing, and distribution of power generation equipment, including diesel and natural gas generators. They serve a wide range of applications, from residential and commercial to industrial and data centers. The company has built a strong reputation for producing reliable and high-quality gensets.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of commercial gensets in North America was worth USD 1.6 billion in 2023 and may reach over USD 2.8 billion by 2032 due to the rising infrastructural investments and the thriving construction sector in the region.

The 50 kVA - 125 kVA power rating segment in the North America commercial gensets market is expected to register 6.6% CAGR from 2023 to 2032, due to the ongoing proliferation of mobile towers to accommodate the growing demands of the expanding customer base in the region.

U.S. commercial gensets market was valued at USD 1.3 million in 2022 and is expected to register commendable CAGR from 2023 to 2032, owing to the rising data center outage expenses and growing consumer preference for dependable backup power solutions in the nation.

Some of the influential North America commercial gensets industry players are Caterpillar Inc., Cummins Inc., Generac Power Systems, Kohler Co., MTU Onsite Energy, Wärtsilä, Deutz AG, Atlas Copco, among others.