Generator Sales Market Business Opportunity, Development
Factors and Future Prospects to 2030

Generator Sales Market research
report by Delvens focuses on primary sections such as – market segments, market
outlook, competitive landscape, and company profiles. The segments provide
details in terms of various perspectives such as end-use industry, product or
service type, and any other relevant segmentation as per the market’s current
scenario which includes various aspects to perform further marketing activity. The
global generator sales market is projected to reach USD 19.9 billion in 2021,
at a CAGR of 6.9% during the forecast to 2030.

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A generator is a converting device that transforms
mechanical energy into electrical energy with the help of an electric motor for
the purpose of using it in an external circuit. Mechanical energy varies based
on its types such as internal combustion engines, hand cranks, gas turbines,
water turbines, and steam turbines which are further converted into electrical
energy through generators.

Increasing demand for uninterrupted and reliable power from
a wide range of end-users such as the residential, IT/telecom, healthcare,
utility and power generation, marine, chemical, oil & gas, mining, and
construction sectors are some of the factors that have supported long-term
expansion for Generator Sales Market.

Regional Analysis

Asia Pacific is expected to be the largest and fastest
growing market due to the high demand for power products in China and India.
The high economic growth rate of China has led to an increase in the demand for
power generation equipment such as diesel and gas generators in the country.

Key Players of Generator Sales Market:

·       
Briggs & Stratton

·       
Caterpillar

·       
Cummins

·       
Generac

·       
Kohler

·       
Mitsubishi Heavy Industries

·       
MQ Power

·       
Rolls-Royce

·       
Wacker Neuson and More

Recent Developments

In January 2021,
HIMOINSA, through its distributor, supplied 1.8 MW of emergency power to the
Liipola tunnel in southern Finland. HIMOINSA installed the HTW 2030 T5
generating set capable of providing 2250 kVA in emergency power to start up the
tunnel's lighting and ventilation system in the event of a mains failure.

In March 2021,
Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET) developed a
2,000-kVA diesel generator with the highest output level in a Japanese-made
packaged generator, used mainly in facilities as such as factories, hospitals,
office buildings, and data centers.

Generator Sales
Market is segmented into fuel type, application, end user, power rating, sales
channel and region.

On the basis of Fuel
Type

·       
Diesel

·       
Gas

·       
Others (LPG, propane, and bio-diesel)

On the basis of
Application

·       
Standby

·       
Prime & Continuous

·       
Peak Shaving

On the basis of
End-User 

·       
Industrial

·       
Commercial

·       
Residential

On the basis of Power
Rating

·       
Below 100 kVA

·       
100–350 kVA

·       
350–1,000 kVA

·       
1,000–2,500 kVA

·       
2,500–5,000 kVA

·       
Above 5,000 kVA

On the basis of Sales
Channel

·       
Direct

·       
Indirect

On the basis of
Region

·       
Asia Pacific

·       
North America

·       
Europe

·       
South America

·       
Middle East & Africa

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In addition to the
market data for Generator Sales Market, Delvens offers client-centric report
and customized according to the company’s specific demand and requirement.

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