Europe Air-Cooled Generators Market Size, Share & Trends Analysis Report By Type (Portable and Stationary), By System (Enclosed System and Open Ventilated System), By End User (Residential, Industrial, and Others) By Country and Growth Forecast, 2023 - 2030
The Europe Air-Cooled Generators Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 367.55 thousand units, showcasing a growth of 4.4% (2019-2022).
Stationary generators are widely utilized for providing backup power in residential, commercial, and industrial settings. These generators are designed to be permanently installed on-site and are connected directly to the electrical system of a building or facility. Stationary generators typically operate on natural gas, propane, or diesel fuel and are equipped with automatic transfer switches that detect power outages and automatically start the generator to restore electricity. Therefore, the Germany Market consumed 24.78 thousand units stationary generators in 2022.
The Germany market dominated the Europe Air-Cooled Generators Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $307 Million by 2030. The UK market is exhibiting a CAGR of 3.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.5% during (2023 - 2030).
Air-cooled generators' portability allows for deployment flexibility, enabling users to move the generator to different locations as needed. This feature particularly benefits construction companies, event organizers, and remote operations where power needs vary or change frequently. Additionally, these can be used for various applications, from powering construction equipment and industrial machinery to providing backup power for residential homes and small businesses.
Air-cooled generators find applications across various sectors and industries, providing reliable backup power solutions. For instance, these are commonly used on construction sites to power tools, machinery, and temporary facilities. They provide essential electricity for drilling, cutting, welding, and lighting, enabling construction crews to work efficiently and safely even in remote or off-grid locations. Industrial manufacturing operations rely on uninterrupted power to maintain production processes and equipment.
As urban populations grow in Europe, so does the demand for reliable backup power solutions to mitigate the impact of power outages on densely populated cities. According to Eurostat, in 2021, broadly similar shares of the EU population were living in predominantly urban regions (40.5 %) and intermediate regions (38.7 %), while the remaining fifth (20.8 %) of the EU population lived in predominantly rural regions. Therefore, the rising urbanization in the region is driving the market's growth.
Based on Type, the market is segmented into Portable and Stationary. Based on System, the market is segmented into Enclosed System and Open Ventilated System. Based on End User, the market is segmented into Residential, Industrial, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Briggs & Stratton, LLC (KPS Capital Partners)
- Generac Holdings, Inc.
- Honda Motor Co. Ltd.
- Kohler Co.
- Yamaha Corporation
- Siemens AG
- Mitsubishi Heavy Industries Ltd.
- Toshiba Corporation
- Cummins, Inc.
- Baker Hughes Company
By Type (Volume, Thousand Units, USD Billion, 2019-2030)
- Portable
- Stationary
- Enclosed System
- Open Ventilated System
- Residential
- Industrial
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Air-Cooled Generators Market, by Type
- 1.4.2 Europe Air-Cooled Generators Market, by System
- 1.4.3 Europe Air-Cooled Generators Market, by End User
- 1.4.4 Europe Air-Cooled Generators Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Oct – 2023, Aug) Leading Players
- 4.4 Porter’s Five Forces Analysis
- Chapter 5. Europe Air-Cooled Generators Market by Type
- 5.1 Europe Portable Market by Country
- 5.2 Europe Stationary Market by Country
- Chapter 6. Europe Air-Cooled Generators Market by System
- 6.1 Europe Enclosed System Market by Country
- 6.2 Europe Open Ventilated System Market by Country
- Chapter 7. Europe Air-Cooled Generators Market by End User
- 7.1 Europe Residential Market by Country
- 7.2 Europe Industrial Market by Country
- 7.3 Europe Others Market by Country
- Chapter 8. Europe Air-Cooled Generators Market by Country
- 8.1 Germany Air-Cooled Generators Market
- 8.1.1 Germany Air-Cooled Generators Market by Type
- 8.1.2 Germany Air-Cooled Generators Market by System
- 8.1.3 Germany Air-Cooled Generators Market by End User
- 8.2 UK Air-Cooled Generators Market
- 8.2.1 UK Air-Cooled Generators Market by Type
- 8.2.2 UK Air-Cooled Generators Market by System
- 8.2.3 UK Air-Cooled Generators Market by End User
- 8.3 France Air-Cooled Generators Market
- 8.3.1 France Air-Cooled Generators Market by Type
- 8.3.2 France Air-Cooled Generators Market by System
- 8.3.3 France Air-Cooled Generators Market by End User
- 8.4 Russia Air-Cooled Generators Market
- 8.4.1 Russia Air-Cooled Generators Market by Type
- 8.4.2 Russia Air-Cooled Generators Market by System
- 8.4.3 Russia Air-Cooled Generators Market by End User
- 8.5 Spain Air-Cooled Generators Market
- 8.5.1 Spain Air-Cooled Generators Market by Type
- 8.5.2 Spain Air-Cooled Generators Market by System
- 8.5.3 Spain Air-Cooled Generators Market by End User
- 8.6 Italy Air-Cooled Generators Market
- 8.6.1 Italy Air-Cooled Generators Market by Type
- 8.6.2 Italy Air-Cooled Generators Market by System
- 8.6.3 Italy Air-Cooled Generators Market by End User
- 8.7 Rest of Europe Air-Cooled Generators Market
- 8.7.1 Rest of Europe Air-Cooled Generators Market by Type
- 8.7.2 Rest of Europe Air-Cooled Generators Market by System
- 8.7.3 Rest of Europe Air-Cooled Generators Market by End User
- Chapter 9. Company Profiles
- 9.1 Briggs & Stratton, LLC (KPS Capital Partners)
- 9.1.1 Company Overview
- 9.1.2 SWOT Analysis
- 9.2 Generac Holdings, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Honda Motor Co. Ltd.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 SWOT Analysis
- 9.4 Kohler Co.
- 9.4.1 Company Overview
- 9.4.2 Recent strategies and developments:
- 9.4.2.1 Product Launches and Product Expansions:
- 9.4.2.2 Acquisition and Mergers:
- 9.4.3 SWOT Analysis
- 9.5 Yamaha Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional & Segmental Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
- 9.6 Siemens AG
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.5.3 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Mitsubishi Heavy Industries Ltd.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 Toshiba Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research and Development Expense
- 9.8.5 SWOT Analysis
- 9.9 Cummins, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional & Segmental Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Baker Hughes Company
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Acquisition and Mergers:
- 9.10.6 SWOT Analysis
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