Global Marine Generator Sets Market Growth 2025-2031

Global Marine Generator Sets Market Growth 2025-2031

The global Marine Generator Sets market size is predicted to grow from US$ 2812 million in 2025 to US$ 3123 million in 2031; it is expected to grow at a CAGR of 1.8% from 2025 to 2031.

A diesel generator (DG) (also known as diesel genset) is the combination of a diesel engine with an electric generator (often an alternator) to generate electrical energy. This is a specific case of engine-generator. A diesel compression-ignition engine is usually designed to run on diesel fuel, but some types are adapted for other liquid fuels or natural gas.

Asia-Pacific is the largest region market with about 70% sales market share in 2019. It is followed by Europe and North America.

The main market players are Caterpillar, MAN Energy Solutions, Cummins Inc., CSSC, Kohler Power, Volvo Penta, Wärtsilä, China Yuchai, Weichai Power, COELMO, SoléDiesel etc. Caterpillar is leader company with about 16% revenue market share in 2019.

LP Information, Inc. (LPI) ' newest research report, the “Marine Generator Sets Industry Forecast” looks at past sales and reviews total world Marine Generator Sets sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Generator Sets sales for 2025 through 2031. With Marine Generator Sets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Generator Sets industry.

This Insight Report provides a comprehensive analysis of the global Marine Generator Sets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Generator Sets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Generator Sets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Generator Sets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Generator Sets.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Generator Sets market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Less than 200KW
200-1000KW
More than 1000KW

Segmentation by Application:
Ferry and Passenger Ship
Bulk Carrier
Container Ship
Military Vessels
Offshore Vessel
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Caterpillar
MAN Energy Solutions
Cummins Inc.
CSSC
Kohler Power
Volvo Penta
Wärtsilä
China Yuchai
Weichai Power
COELMO
SoléDiesel

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Generator Sets market?

What factors are driving Marine Generator Sets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Generator Sets market opportunities vary by end market size?

How does Marine Generator Sets break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.