Stationary Generator Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Stationary Generator Market: By Type (Power Rating below 100 kVA, Power Rating 100–350 kVA, Power Rating 351–1,000 kVA, and Power Rating Above 1,000 kVA), By Application (Residential Use, Commercial Use, and Industrial Use), and Geography

 

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Report

Description

Stationary Generator Market size was valued at USD 21.0 billion in 2021 and is expected to reach USD 32.1 billion by 2028, at a CAGR of 6.3% during the forecast period 2022 to 2028. 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. This report studies global stationary generator market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global stationary generator market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Stationary Generator Market

MARKET SUMMARY
-
6.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–6.3%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Stationary Generator Market

  • The global stationary generator market report gives comprehensive outlook on stationary generator across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global stationary generator market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global stationary generator products.
Key Players
  • Atlas Copco
  • Briggs & Stratton
  • Caterpillar
  • Cummins Power Systems
  • Dresser-Rand
Stationary Generator Market

DRIVERS AND RESTRAINTS

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

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • 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
Stationary Generator Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

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.


Report

Company Profile

  • 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

Description

Stationary Generator Market size was valued at USD 21.0 billion in 2021 and is expected to reach USD 32.1 billion by 2028, at a CAGR of 6.3% during the forecast period 2022 to 2028. 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. This report studies global stationary generator market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global stationary generator market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

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