Learn about the global power generators market through The Business Research Company, which provides information on power generators market size, power generators market drivers and restraints, power generators market players, the COVID-19 impact on the power generators market, and more.

The global power generators market size is expected to grow from $17.67 billion in 2021 to $19.72 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The power generator market is expected to reach $26.65 billion in 2026 at a CAGR of 7.8%. Increasing demand from several industries such as mining, oil and gas, and pharmaceuticals is expected to contribute to the growth of the generator manufacturing market in the forecast period.

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The power generator manufacturing market consists of sales of generators which are machines that convert mechanical energy into electrical energy for applications in external circuits. A generator uses mechanical energy such as steam, gas, water to convert it into electrical energy for an uninterrupted power supply.

Global Power Generators Market Segments Include:

By Type: Gas Generator, Diesel Generator, CKD Generator

By Capacity: Below 75 kva, 75-375 kva, 375-750 kva, Above 750 kva

By Application: Stand By, Peak Shaving, Continuous

By End-User: Mining, Oil and Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Generator manufacturing companies are increasingly manufacturing portable generators. A Portable generator provides electricity by running a gas-powered/diesel-powered engine that turns an on-board alternator to generate electrical power. Rising demand for uninterrupted and reliable power supply is increasing the demand for portable generators. Portable generators offer several advantages such as flexibility and increased ease of use.

TBRC’s power generators market report covers:

Major Market Players: Aggreko, Atlas Copco, Caterpillar Inc, FG Wilson, Kirloskar Electric Co. Ltd, Cummins Inc, Rolls-Royce, Wärtsilä, Yanmar Co. Ltd, and Briggs & Stratton.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Power Generators Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides power generators market overviews, analyzes and forecasts market size, share, power generators market players, power generators market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s power generators market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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