Global Power Generators Market Growth 2023-2029

Global Power Generators Market Growth 2023-2029

Power generator allows their owners to generate electricity on-site, as a substitute or complement to electricity from the electric grid. Power generators and large thermal power-plants operate on the same principle: both burn fuel to create motion, or mechanical energy, and convert it into electrical energy.

LPI (LP Information)' newest research report, the “Power Generators Industry Forecast” looks at past sales and reviews total world Power Generators sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Generators sales for 2023 through 2029. With Power Generators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Generators industry.

This Insight Report provides a comprehensive analysis of the global Power Generators 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 Power Generators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Power Generators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Generators 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 Power Generators.

The global Power Generators market size is projected to grow from US$ 1272.5 million in 2022 to US$ 1522.2 million in 2029; it is expected to grow at a CAGR of 1522.2 from 2023 to 2029.

In Latin America market, key players of Power Generators include BASF, DSM, Showa Denko Materials, DOW, etc. Top five players hold a share approximately 35%. In terms of product, the Portable Generator holds a share of over 50%. And in terms of application, the largest application is Industrial ones, with a share of over 40%.

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

Market Segmentation:

Segmentation by type
Portable Generator
Standby Generator

Segmentation by application
Residential
Commercial
Industrial

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 analyzing the company's coverage, product portfolio, its market penetration.
Generac
Cummins
Caterpillar
MTU
Atlas Copco
Honda Power Equipment
Multiquip
Kohler
Wacker Neuson
Toyama
CSM
Briggs & Stratton
Yamaha
Eaton
Grupel
Hipower Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Generators market?

What factors are driving Power Generators market growth, globally and by region?

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

How do Power Generators market opportunities vary by end market size?

How does Power Generators break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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