PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1475840
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1475840
Global Stationary Generator Market Size Study & Forecast, By Type (Stationary Diesel Generators, Stationary Gas Generators) By Application (Industrial, Commercial, Residential) and Regional Analysis, 2023-2030
Global Stationary Generator Market is valued at approximately USD 23.03 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.58% over the forecast period 2023-2030. Stationary Generators are typically powered by natural gas, propane, diesel, or gasoline engines. They consist of an engine, an alternator, a fuel source, and a control panel. When the grid power fails, the stationary generator automatically detects the outage and starts to supply electricity to the connected circuits or appliances. The Stationary Generator market is expanding because of factors such as rising government investments in the utility sector and increasing rate of industrialization. As a result, the demand for Stationary Generator has progressively increased in the international market during the forecast period 2023-2030.
Government initiatives aimed at improving energy efficiency can impact stationary generators by reducing overall electricity demand. By promoting energy-saving technologies and practices, governments can decrease the need for backup power generation during peak demand periods. This could influence the size and type of stationary generators required by businesses and industries, potentially favoring more efficient and environmentally friendly models. According to U.S. Department of Energy (DOE) has earmarked USD 3.46 billion for 58 projects spanning 44 states aimed at fortifying the resilience and reliability of the nation's electric grid. The initiatives, underpinned by the Bipartisan Infrastructure Law, will leverage a total investment of over USD 8 billion from both federal and private sources. Furthermore, the United Kingdom government has also allocated USD 1213.25 million for the Green Industries Growth Accelerator, which will accelerate advanced manufacturing capacity in key net zero sectors, including offshore wind, networks, carbon capture, usage and storage, hydrogen, and nuclear. Another important factor that drives the Stationary Generator market is the increasing rate of industrialization. Industrialization often spurs advancements in generator technology. As industries seek more efficient and reliable power sources, there may be innovations in stationary generator design, leading to more efficient fuel consumption, increased power output, and improved reliability. In addition, Industrialization may necessitate the expansion and development of infrastructure, including power generation facilities. Stationary generators could serve as a temporary or backup power source during the construction phase of power plants or grid expansion projects, ensuring continuous operation during the transition. Moreover, technological advancements with stationary generators and growing demand for backup power solutions are anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the rising adoption of clean energy technology and the high initial cost of stationary generators are going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Stationary Generator Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to increasing power consumption in the region. Advancements in stationary generator technology, including improvements in efficiency, reliability, and scalability, make them more attractive solutions for addressing increasing power consumption needs. Enhanced features such as remote monitoring, automatic startup, and fuel efficiency appeal to consumers and businesses looking for dependable backup power solutions in a high-consumption environment. According to the International Energy Association, China accounts for 61.3% of the total electricity production across the globe. The region's dominant performance is anticipated to propel the overall demand for Stationary Generator. Furthermore, North America is expected to grow fastest during the forecast period, owing to factors such as the rising number of data centers in the region.
Major market players included in this report are:
- Caterpillar Inc
- Himoinsa S.A
- Cummins Inc
- Atlas Copco AB
- Briggs & Stratton Corporation
- Generac Power Systems Inc
- Aggreko plc
- Ingersoll Rand plc
- PRAMAC S.p.A.
- Deere & Company
Recent Developments in the Market:
- In August 2022, Pramac, a market leader in power generators and handling equipment, launched its new stationary diesel product range. This range is designed to meet the requirements of any application ranging from 10kVA to 820kVA. This innovative line joins Pramac's product family and builds on the capabilities of the existing GSW series, providing a better answer to tomorrow's operational difficulties. The new GDW design adds unrivaled versatility to real operations. This new line reinforces Pramac's global strategy of providing a fundamental core configuration for the power supply industry that is compatible with a diverse range of modules. This viewpoint provides additional assistance and peace of mind for projects that require local requirements, purpose, and legislation.
Global Stationary Generator Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
- Stationary Diesel Generators
- Stationary Gas Generators
By Application
- Industrial
- Commercial
- Residential
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1.Executive Summary
- 1.1.Market Snapshot
- 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Stationary Generator Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Stationary Generator Market, by Type, 2020-2030 (USD Billion)
- 1.2.3.Stationary Generator Market, by Application, 2020-2030 (USD Billion)
- 1.3.Key Trends
- 1.4.Estimation Methodology
- 1.5.Research Assumption
Chapter 2.Global Stationary Generator Market Definition and Scope
- 2.1.Objective of the Study
- 2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
- 2.3.Years Considered for the Study
- 2.4.Currency Conversion Rates
Chapter 3.Global Stationary Generator Market Dynamics
- 3.1.Stationary Generator Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
- 3.1.1.1.Rising Government Investments towards Utility Sector
- 3.1.1.2.Increasing Rate of Industrialization
- 3.1.2.Market Challenges
- 3.1.2.1.Rising Adoption of Clean Energy Technology
- 3.1.2.2.High Initial Cost of Stationary Generator
- 3.1.3.Market Opportunities
- 3.1.3.1.Technological Advancements with Stationary Generator
- 3.1.3.2.Growing Demand for Backup Power Solutions
- 3.1.1.Market Drivers
Chapter 4.Global Stationary Generator Market Industry Analysis
- 4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
- 4.2.Porter's 5 Force Impact Analysis
- 4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
- 4.4.Top investment opportunity
- 4.5.Top winning strategies
- 4.6.COVID-19 Impact Analysis
- 4.7.Disruptive Trends
- 4.8.Industry Expert Perspective
- 4.9.Analyst Recommendation & Conclusion
Chapter 5.Global Stationary Generator Market, by Type
- 5.1.Market Snapshot
- 5.2.Global Stationary Generator Market by Type, Performance - Potential Analysis
- 5.3.Global Stationary Generator Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4.Stationary Generator Market, Sub Segment Analysis
- 5.4.1.Stationary Diesel Generators
- 5.4.2.Stationary Gas Generators
Chapter 6.Global Stationary Generator Market, by Application
- 6.1.Market Snapshot
- 6.2.Global Stationary Generator Market by Application, Performance - Potential Analysis
- 6.3.Global Stationary Generator Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4.Stationary Generator Market, Sub Segment Analysis
- 6.4.1.Industrial
- 6.4.2.Commercial
- 6.4.3.Residential
Chapter 7.Global Stationary Generator Market, Regional Analysis
- 7.1.Top Leading Countries
- 7.2.Top Emerging Countries
- 7.3.Stationary Generator Market, Regional Market Snapshot
- 7.4.North America Stationary Generator Market
- 7.4.1.U.S. Stationary Generator Market
- 7.4.1.1.Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2.Application breakdown estimates & forecasts, 2020-2030
- 7.4.2.Canada Stationary Generator Market
- 7.4.1.U.S. Stationary Generator Market
- 7.5.Europe Stationary Generator Market Snapshot
- 7.5.1.U.K. Stationary Generator Market
- 7.5.2.Germany Stationary Generator Market
- 7.5.3.France Stationary Generator Market
- 7.5.4.Spain Stationary Generator Market
- 7.5.5.Italy Stationary Generator Market
- 7.5.6.Rest of Europe Stationary Generator Market
- 7.6.Asia-Pacific Stationary Generator Market Snapshot
- 7.6.1.China Stationary Generator Market
- 7.6.2.India Stationary Generator Market
- 7.6.3.Japan Stationary Generator Market
- 7.6.4.Australia Stationary Generator Market
- 7.6.5.South Korea Stationary Generator Market
- 7.6.6.Rest of Asia Pacific Stationary Generator Market
- 7.7.Latin America Stationary Generator Market Snapshot
- 7.7.1.Brazil Stationary Generator Market
- 7.7.2.Mexico Stationary Generator Market
- 7.8.Middle East & Africa Stationary Generator Market
- 7.8.1.Saudi Arabia Stationary Generator Market
- 7.8.2.South Africa Stationary Generator Market
- 7.8.3.Rest of Middle East & Africa Stationary Generator Market
Chapter 8.Competitive Intelligence
- 8.1.Key Company SWOT Analysis
- 8.2.Top Market Strategies
- 8.3.Company Profiles
- 8.3.1.Caterpillar Inc
- 8.3.1.1.Key Information
- 8.3.1.2.Overview
- 8.3.1.3.Financial (Subject to Data Availability)
- 8.3.1.4.Product Summary
- 8.3.1.5.Recent Developments
- 8.3.2.Himoinsa S.A
- 8.3.3.Cummins Inc
- 8.3.4.Atlas Copco AB
- 8.3.5.Briggs & Stratton Corporation
- 8.3.6.Generac Power Systems Inc
- 8.3.7.Aggreko plc
- 8.3.8.Ingersoll Rand plc
- 8.3.9.PRAMAC S.p.A.
- 8.3.10.Deere & Company
- 8.3.1.Caterpillar Inc
Chapter 9.Research Process
- 9.1.Research Process
- 9.1.1.Data Mining
- 9.1.2.Analysis
- 9.1.3.Market Estimation
- 9.1.4.Validation
- 9.1.5.Publishing
- 9.2.Research Attributes
- 9.3.Research Assumption
LIST OF TABLES
- TABLE 1.Global Stationary Generator Market, report scope
- TABLE 2.Global Stationary Generator Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3.Global Stationary Generator Market estimates & forecasts by Type 2020-2030 (USD Billion)
- TABLE 4.Global Stationary Generator Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 5.Global Stationary Generator Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 6.Global Stationary Generator Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7.Global Stationary Generator Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8.Global Stationary Generator Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9.Global Stationary Generator Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10.Global Stationary Generator Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11.Global Stationary Generator Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12.Global Stationary Generator Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13.Global Stationary Generator Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14.Global Stationary Generator Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15.U.S. Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16.U.S. Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 17.U.S. Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 18.Canada Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 19.Canada Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20.Canada Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21.UK Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 22.UK Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23.UK Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24.Germany Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 25.Germany Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26.Germany Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27.France Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 28.France Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29.France Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30.Italy Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 31.Italy Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32.Italy Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33.Spain Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 34.Spain Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35.Spain Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36.RoE Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 37.RoE Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38.RoE Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39.China Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 40.China Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41.China Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42.India Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 43.India Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44.India Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45.Japan Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 46.Japan Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47.Japan Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48.South Korea Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 49.South Korea Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50.South Korea Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51.Australia Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 52.Australia Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53.Australia Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54.RoAPAC Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 55.RoAPAC Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56.RoAPAC Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57.Brazil Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 58.Brazil Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59.Brazil Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60.Mexico Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 61.Mexico Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62.Mexico Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63.RoLA Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 64.RoLA Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65.RoLA Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66.Saudi Arabia Stationary Generator Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 67.South Africa Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68.RoMEA Stationary Generator Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69.List of secondary sources, used in the study of Global Stationary Generator Market
- TABLE 70.List of primary sources, used in the study of Global Stationary Generator Market
- TABLE 71.Years considered for the study
- TABLE 72.Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1.Global Stationary Generator Market, research methodology
- FIG 2.Global Stationary Generator Market, Market estimation techniques
- FIG 3.Global Market size estimates & forecast methods
- FIG 4.Global Stationary Generator Market, key trends 2022
- FIG 5.Global Stationary Generator Market, growth prospects 2023-2030
- FIG 6.Global Stationary Generator Market, porters 5 force model
- FIG 7.Global Stationary Generator Market, pest analysis
- FIG 8.Global Stationary Generator Market, value chain analysis
- FIG 9.Global Stationary Generator Market by segment, 2020 & 2030 (USD Billion)
- FIG 10.Global Stationary Generator Market by segment, 2020 & 2030 (USD Billion)
- FIG 11.Global Stationary Generator Market by segment, 2020 & 2030 (USD Billion)
- FIG 12.Global Stationary Generator Market by segment, 2020 & 2030 (USD Billion)
- FIG 13.Global Stationary Generator Market by segment, 2020 & 2030 (USD Billion)
- FIG 14.Global Stationary Generator Market, regional snapshot 2020 & 2030
- FIG 15.North America Stationary Generator Market 2020 & 2030 (USD Billion)
- FIG 16.Europe Stationary Generator Market 2020 & 2030 (USD Billion)
- FIG 17.Asia Pacific Stationary Generator Market 2020 & 2030 (USD Billion)
- FIG 18.Latin America Stationary Generator Market 2020 & 2030 (USD Billion)
- FIG 19.Middle East & Africa Stationary Generator Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
