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Global Generator Engine Market Research Report: Forecast (2024-2030)

Generator Engine Market Report - By Fuel Type (Diesel, Natural Gas), By Power Rating (Up to 50kVA, 51kVA- 500kVA, 501kVA- 1250 kVA, 1251kVA -2000kVA, 2001kVA- 3000kVA, Above 3000kV......A), By End User (Original Equipment Manufacturers (OEMs), Aftermarket), and Others Read more

Energy
May 2024
Pages 193
Report Format: PDF, Excel, PPT

Market Insights & Analysis: Global Generator Engine Market (2024-30):

The Global Generator Engine Market is estimated to grow at a CAGR of around 3.8% during the forecast period, i.e., 2024-30. The market growth is driven by the mounting power outages, growing infrastructure development projects, etc. As energy consumption across the globe continues to elevate with rising urbanization, exploding population, and evolving industries, power outages have become quite prominent, raising concerns worldwide, especially in developing countries.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	3.8%
Regions Covered	North America: The US, Canada, Mexico
	South America: Brazil, Argentina, Rest of South America
	Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
	Asia-Pacific: China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific
	Middle East & Africa: The UAE, Saudi Arabia, South Africa, Egypt, Rest of Middle East & Africa
Key Companies Profiled	ADE Power Ltd., General Power Limited, Inc., Cummins, Inc., Caterpillar Inc., Generac Power Systems, Inc., Deutz AG, Rolls-Royce Plc, Yanmar Holdings Co. Ltd., Perkins Engine Company Limited, Motorenfabrik Hatz GmbH & Co. KG, Briggs & Stratton, AB Volvo Penta, Marelli Motors, Mitsubishi Heavy Industries, Ltd, and Others
Unit Denominations	USD Million/Billion

According to the International Energy Agency (IEA)’s Electricity Market Report 2023, the growth in world electricity demand is anticipated to accelerate to an average of 3% over the next three years. Further, the constantly changing weather conditions resulting in droughts and heat waves have necessitated air conditioning, thereby triggering massive power outages.

In 2023, the heat wave across the European continent caused power outages on parts of the Italian capital city’s electricity grid.

With growing electricity needs outpacing supply in many regions, there has been a growing demand for backup power solutions to mitigate the impact of power outages. Hence, this boosted the requirements of generators to provide backup power, ensuring uninterrupted operations for critical infrastructure, businesses, and households. Hence, this also created demand for generator engines across the globe.

Moreover, with populations aging in many parts of the world, there's a greater demand for healthcare services, particularly for geriatric care and chronic disease management. According to the United Nations, in 2021, 1 in 10 people worldwide were aged 65 or above and by 2050, this age group is projected to account for 1 in 6 people globally. As a result, official authorities across the globe are modernizing their health infrastructure to meet the specialized needs of elderly populations and ensure their access to quality healthcare services. This heightened growth of healthcare infrastructures is boosting the adoption of generators for backup in hospitals, further driving the market size of the generator engines.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Generator Engine Market Import & Export Analysis
Global Generator Engine Market Trends & Insights
Global Generator Engine Market Dynamics
1. Drivers
2. Challenges
Global Generator Engine Market Policies & Regulations
Global Generator Engine Market Hotspot & Opportunities
Global Generator Engine Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand Units)
2. Market Share & Analysis
  1. By Fuel Type
    1. Diesel- Market Size & Forecast 2019-2030F, Thousand Units
    2. Natural Gas- Market Size & Forecast 2019-2030F, Thousand Units
  2. By Power Rating
    1. Up to 50kVA- Market Size & Forecast 2019-2030F, Thousand Units
    2. 51kVA- 500kVA- Market Size & Forecast 2019-2030F, Thousand Units
    3. 501kVA- 1250 kVA- Market Size & Forecast 2019-2030F, Thousand Units
    4. 1251kVA -2000kVA- Market Size & Forecast 2019-2030F, Thousand Units
    5. 2001kVA- 3000kVA- Market Size & Forecast 2019-2030F, Thousand Units
    6. Above 3000kVA- Market Size & Forecast 2019-2030F, Thousand Units
  3. By End User
    1. Original Equipment Manufacturers (OEMs)- Market Size & Forecast 2019-2030F, Thousand Units
    2. Aftermarket- Market Size & Forecast 2019-2030F, Thousand Units
  4. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  5. By Company
    1. Competition Characteristics
    2. Market Share of Leading Companies
North America Generator Engine Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand Units)
2. Market Share & Analysis
  1. By Fuel Type- Market Size & Forecast 2019-2030F, Thousand Units
  2. By Power Rating- Market Size & Forecast 2019-2030F, Thousand Units
  3. By End User- Market Size & Forecast 2019-2030, Thousand Units
  4. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
4. Canada Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
5. Mexico Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
South America Generator Engine Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand Units)
2. Market Share & Analysis
  1. By Fuel Type- Market Size & Forecast 2019-2030F, Thousand Units
  2. By Power Rating- Market Size & Forecast 2019-2030F, Thousand Units
  3. By End User- Market Size & Forecast 2019-2030, Thousand Units
  4. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
4. Argentina Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
Europe Generator Engine Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand Units)
2. Market Share & Analysis
  1. By Fuel Type- Market Size & Forecast 2019-2030F, Thousand Units
  2. By Power Rating- Market Size & Forecast 2019-2030F, Thousand Units
  3. By End User- Market Size & Forecast 2019-2030, Thousand Units
  4. By Country
    1. The UK
    2. Germany
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. The UK Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
4. Germany Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
5. France Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
6. Italy Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
7. Spain Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type- Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
The Middle East & Africa Generator Engine Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand Units)
2. Market Share & Analysis
  1. By Fuel Type- Market Size & Forecast 2019-2030F, Thousand Units
  2. By Power Rating- Market Size & Forecast 2019-2030F, Thousand Units
  3. By End User- Market Size & Forecast 2019-2030, Thousand Units
  4. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Egypt
    5. Rest of the Middle East & Africa
3. The UAE Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
4. Saudi Arabia Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
5. South Africa Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
6. Egypt Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
Asia-Pacific Generator Engine Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand Units)
2. Market Share & Analysis
  1. By Fuel Type- Market Size & Forecast 2019-2030F, Thousand Units
  2. By Power Rating- Market Size & Forecast 2019-2030F, Thousand Units
  3. By End User- Market Size & Forecast 2019-2030, Thousand Units
  4. By Country
    1. China
    2. Japan
    3. India
    4. South Korea
    5. Australia
    6. Southeast Asia
    7. Rest of Asia-Pacific
3. China Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type- Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
4. Japan Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type- Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
5. India Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type- Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
6. South Korea Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
7. Australia Generator Engine Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Unit Sold (Thousand Units)
  2. Market Share & Analysis
    1. By Fuel Type - Market Size & Forecast 2019-2030, Thousand Units
    2. By End User- Market Size & Forecast 2019-2030, Thousand Units
Global Generator Engine Market Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. ADE Power Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. General Power Limited, Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Cummins Inc.,
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Caterpillar Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Generac Power Systems, Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Deutz AG
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Rolls-Royce Plc
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Yanmar Holdings Co. Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  9. Perkins Engine Company Limited
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  10. Motorenfabrik Hatz GmbH & Co. KG
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  11. Briggs & Stratton
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  12. AB Volvo Penta
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  13. Marelli Motors
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  14. Mitsubishi Heavy Industries, Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  15. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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