- Power Rating Below 100 kVA
- Power Rating 100-350 kVA
- Power Rating 351-1,000 kVA
- Power Rating Above 1,000 kVA
Stationary Generator Market size was valued at USD 28.7 billion in 2023 and is poised to grow at a CAGR of 6.3% from 2024 to 2030. Owing to growing demand for power due to rising focus on the economic development and automation. There is a great need to alleviate power disruptions, which enhances the demand for the stationary generator. Furthermore, advancements in technology is expected to create very positive impact on the market. Advancements in dual-fuel and tri-fuel systems and rising per capita electric power consumption are anticipated to drive the growth of the market. However, the availability of alternate systems of power generation and backup, rising adoption towards renewable sources to generate power coupled with increasing number of rental generators are projected to restrain the growth of the market.
Global Stationary Generator Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.3%
Largest Market
North-America
Fastest Growing Market
Asia-Pacific
Stationary Generator Market Dynamics
The market witnessed a range of advancements in technologies such as the development of dual-fuel and tri-fuel systems. These systems let engines to function on CNG deprived of integrating any prominent and lasting changes in the engines. Installing dual-fuel systems in prevailing generators has empowered operators to shift amongst diesel fuel and natural gas. Though dual-fuel generators are powered by gasoline or liquid propane, tri-fuel generators can run on three different types of fuel sources such as liquefied petroleum, gasoline, and natural gas. Apart from these, there are many technological advancements that has been made in the industry which is boosting the growth of the market.
Asia-Pacific Got Significant Share
Stationary Generator Market Regional Analysis
Asia Pacific is leading the global market and is expected to grow with significant CAGR owing to various factors such as increasing demand for uninterrupted power and focus on economic development and rapid urbanization are anticipated to drive the growth of the market over the forecast years. Increasing demand from the commercial building for energy sources and low temperature operating capabilities are expected to drive the growth of the market. European countries and North America are projected to grow with significant CAGR over the forecast years. Latin America and Middle East Africa are expected to growth with a notable CAGR over the forecast years.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The stationary generator market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup's details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Stationary Generator Market Segmentation
By Type
By Application
- Residential Use
- Commercial Use
- Industrial Use
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Frequently Asked Questions
The stationary generator market size was valued at USD 28.7 billion in 2023.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1. Executive Summary |
| 2. Global Stationary Generator Market Introduction |
| 2.1.Global Stationary Generator Market - Taxonomy |
| 2.2.Global Stationary Generator Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Region |
| 3. Global Stationary Generator Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Stationary Generator Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Stationary Generator Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Power Rating Below 100 kVA |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Power Rating 100-350 kVA |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Power Rating 351-1,000 kVA |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Power Rating Above 1,000 kVA |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Stationary Generator Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Residential Use |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Commercial Use |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Industrial Use |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Stationary Generator Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. North America Stationary Generator Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Power Rating Below 100 kVA |
| 8.1.2.Power Rating 100-350 kVA |
| 8.1.3.Power Rating 351-1,000 kVA |
| 8.1.4.Power Rating Above 1,000 kVA |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Residential Use |
| 8.2.2.Commercial Use |
| 8.2.3.Industrial Use |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9. Europe Stationary Generator Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Power Rating Below 100 kVA |
| 9.1.2.Power Rating 100-350 kVA |
| 9.1.3.Power Rating 351-1,000 kVA |
| 9.1.4.Power Rating Above 1,000 kVA |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Residential Use |
| 9.2.2.Commercial Use |
| 9.2.3.Industrial Use |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10. Asia Pacific (APAC) Stationary Generator Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Power Rating Below 100 kVA |
| 10.1.2.Power Rating 100-350 kVA |
| 10.1.3.Power Rating 351-1,000 kVA |
| 10.1.4.Power Rating Above 1,000 kVA |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Residential Use |
| 10.2.2.Commercial Use |
| 10.2.3.Industrial Use |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11. Middle East and Africa (MEA) Stationary Generator Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Power Rating Below 100 kVA |
| 11.1.2.Power Rating 100-350 kVA |
| 11.1.3.Power Rating 351-1,000 kVA |
| 11.1.4.Power Rating Above 1,000 kVA |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Residential Use |
| 11.2.2.Commercial Use |
| 11.2.3.Industrial Use |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12. Latin America Stationary Generator Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Power Rating Below 100 kVA |
| 12.1.2.Power Rating 100-350 kVA |
| 12.1.3.Power Rating 351-1,000 kVA |
| 12.1.4.Power Rating Above 1,000 kVA |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Residential Use |
| 12.2.2.Commercial Use |
| 12.2.3.Industrial Use |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Briggs & Stratton |
| 13.2.2.Caterpillar |
| 13.2.3.Cummins Power Systems |
| 13.2.4.Generac Power Systems |
| 13.2.5.Kohler, Aggreko |
| 13.2.6.APR Energy |
| 13.2.7.Atlas Copco |
| 13.2.8.Broadcrown |
| 13.2.9.Dresser-Rand |
| 13.2.10.G. Wilson |
| 13.2.11.GE Energy |
| 13.2.12.Himoinsa |
| 13.2.13.Kirloskar Oil Engines |
| 13.2.14.Mitsubishi Heavy Industries |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Briggs & Stratton
- Caterpillar
- Cummins Power Systems
- Generac Power Systems
- Kohler, Aggreko
- APR Energy
- Atlas Copco
- Broadcrown
- Dresser-Rand
- G. Wilson
- GE Energy
- Himoinsa
- Kirloskar Oil Engines
- Mitsubishi Heavy Industries