Report Information of Latin America Genset Market Research by Portability, by Fuel, by End User, by Power Rating, by Application Forecast to 2034

Description

List of Tables

Report Information of Latin America Genset Market Research by Portability (Stationary and Portable), by Fuel (Diesel, Gas, and Other), by End User (Industrial, Commercial, and Residential), by Power Rating (less than 50 KW, 50-280 KW, 281-500 KW, and up to 1000 KW), by Application (Standby, Peak Shaving, and Continuous) Forecast to 2034

Market Overview

The Latin America Genset Market is expected to grow at a considerable CAGR of 5.5% during the review period.

Latin America's construction sector is expanding rapidly, driving demand for the region's genset market. As urbanization accelerates and population growth continues, there is an increased demand for residential and commercial infrastructure, which drives construction activity. This construction boom is being fueled by increased investment in a variety of projects, including residential structures, business complexes, and infrastructure development, all of which require dependable power sources to operate continuously. Construction sites are frequently found in isolated or underdeveloped areas with limited access to the electrical grid. Large infrastructure projects, including highways, bridges, railways, airports, and residential or commercial structures, necessitate regular and dependable power for heavy machinery, tools, and lighting. In many of these circumstances, generators are the primary source of power, supplying electricity for crucial building tasks that might otherwise be delayed owing to power outages or a lack of grid connectivity.

Market Segmentation

The Latin American genset market is divided into two categories based on portability: fixed and portable. The stationary category dominated the Latin America genset market in 2023, accounting for 87.93% of the market by value, and is predicted to grow at a CAGR of 5.3% during the forecast period.

The Latin American genset market is divided into three fuel categories: diesel, gas, and others. The diesel segment dominated the Latin America genset market with a value share of 72.46% in 2023, and it is predicted to grow at a CAGR of 4.7% over the forecast period.

The Latin American genset market is divided into three segments based on end user: industrial, commercial, and residential. The commercial category dominated the Latin America genset market in 2023, accounting for 44.92% by value, and is predicted to grow at a CAGR of 6.6% over the forecast period.

The Latin American generator market is divided into four categories based on power rating: less than 50 KW, 50-280 KW, 281-500 KW, and up to 1000 KW. The 50-280 KW segment dominated the Latin America genset market with a value share of 38.63% in 2023, and it is predicted to grow at a CAGR of 5.2% over the forecast period.

The Latin American genset market is divided into three segments based on application: standby, peak shaving, and continuous. The Standby segment dominated the Latin America genset market in 2023, accounting for 66.64% of the market value, and is predicted to grow at a CAGR of 5.5% over the forecast period.

Major Players

Cummins Inc., Caterpillar, Inc., Mitsubishi Heavy Industries, Generac Holdings Inc., Atlas Copco, MTU Onsite Energy, Wartsila, Yanmar Co. Ltd., and ABB Ltd. are the leading companies in the Latin America Genset Market.

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING NUMBER OF POWER OUTAGES
- 4.2.2 GROWING CONSTRUCTION INDUSTRY
- 4.2.3 RISING DEMAND FOR UNINTERRUPTED & RELIABLE POWER SUPPLY
4.3 RESTRAINTS
- 4.3.1 STRINGENT GOVERNMENT LAWS
- 4.3.2 HIGH UPFRONT COST
4.4 OPPORTUNITY
- 4.4.1 RISING RURAL ELECTRIFICATION
- 4.4.2 EXPANSION OF TELECOMMUNICATION AND DATA CENER INDUSTRY IN LATIN AMERICA
4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON OVERALL ENERGY POWER
- 4.5.2 IMPACT ON LATIN AMERICA GENSET MARKET
- 4.5.3 IMPACT ON SUPPLY CHAIN OF GENSET MARKET
- 4.5.4 IMPACT ON MARKET DEMAND OF GENSET
- 4.5.5 IMPACT ON PRICING OF GENSET MARKET

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION AND SALES CHANNEL
- 5.1.4 END USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 LATIN AMERICA GENSET MARKET, BY PORTABILITY

6.1 OVERVIEW
6.2 STATIONARY
6.3 PORTABLE

7 LATIN AMERICA GENSET MARKET, BY FUEL

7.1 INTRODUCTION
7.2 DIESEL
7.3 GAS
7.4 OTHERS

8 LATIN AMERICA GENSET MARKET, BY END USER

8.1 INTRODUCTION
8.2 INDUSTRIAL
8.3 COMMERCIAL
8.4 RESIDENTIAL

9 LATIN AMERICA GENSET MARKET, BY POWER RATING

9.1 INTRODUCTION
9.2 LESS THAN 50 KW
9.3 50-280 KW
9.4 281-500 KW
9.5 UP TO 1000 KW

10 LATIN AMERICA GENSET MARKET, BY APPLICATION

10.1 INTRODUCTION
10.2 STANDBY
10.3 PEAK SHAVING
10.4 CONTINUOUS

11 LATIN AMERICA GENSET MARKET, BY COUNTRY

11.1 OVERVIEW
11.2 BRAZIL
11.3 MEXICO
11.4 ARGENTINA
11.5 COLOMBIA
11.6 CHILE
11.7 PERU
11.8 REST OF LATIN AMERICA

12 COMPETITIVE LANDSCAPE

12.1 INTRODUCTION
12.2 MARKET SHARE ANALYSIS, 2023
12.3 BRAZIL MARKET SHARE ANALYSIS, 2023
12.4 MEXICO MARKET SHARE ANALYSIS, 2023
12.5 COMPETITOR DASHBOARD
12.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 12.6.1 PRODUCT DEVELOPMENTS
- 12.6.2 MERGER AND ACQUISITION

13 COMPANY PROFILES

13.1 CATERPILLAR INC.
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 KEY DEVELOPMENTS
- 13.1.5 SWOT ANALYSIS
- 13.1.6 KEY STRATEGY
13.2 CUMMINS INC.
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 KEY DEVELOPMENTS
- 13.2.5 SWOT ANALYSIS
- 13.2.6 KEY STRATEGY
13.3 MITSUBISHI HEAVY INDUSTRIES, LTD.
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS OFFERED
- 13.3.4 KEY DEVELOPMENTS
- 13.3.5 SWOT ANALYSIS
- 13.3.6 KEY STRATEGY
13.4 GENERAC HOLDINGS INC.
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 KEY DEVELOPMENTS
- 13.4.5 SWOT ANALYSIS
- 13.4.6 KEY STRATEGY
13.5 KOHLER CO.
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS OFFERED
- 13.5.4 KEY DEVELOPMENTS
- 13.5.5 SWOT ANALYSIS
- 13.5.6 KEY STRATEGY
13.6 ATLAS COPCO
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS OFFERED
- 13.6.4 KEY DEVELOPMENTS
- 13.6.5 SWOT ANALYSIS
- 13.6.6 KEY STRATEGY
13.7 MTU ONSITE ENERGY
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS OFFERED
- 13.7.4 KEY DEVELOPMENTS
- 13.7.5 SWOT ANALYSIS
- 13.7.6 KEY STRATEGY
13.8 WARTSILA
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS OFFERED
- 13.8.4 KEY DEVELOPMENTS
- 13.8.5 SWOT ANALYSIS
- 13.8.6 KEY STRATEGY
13.9 YANMAR CO. LTD.
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS OFFERED
- 13.9.4 KEY DEVELOPMENTS
- 13.9.5 SWOT ANALYSIS
- 13.9.6 KEY STRATEGY
13.10 ABB LTD.
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 FINANCIAL OVERVIEW
- 13.10.3 PRODUCTS OFFERED
- 13.10.4 KEY DEVELOPMENTS
- 13.10.5 SWOT ANALYSIS
- 13.10.6 KEY STRATEGY

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
TABLE 2 LATIN AMERICA GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 3 LATIN AMERICA GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 4 LATIN AMERICA GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 5 LATIN AMERICA GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 6 LATIN AMERICA GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 7 LATIN AMERICA GENSET MARKET, BY COUNTRY, 2018-2034 (USD MILLION)
TABLE 8 BRAZIL GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 9 BRAZIL GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 10 BRAZIL GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 11 BRAZIL GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 12 BRAZIL GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 13 MEXICO GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 14 MEXICO GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 15 MEXICO GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 16 MEXICO GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 17 MEXICO GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 18 ARGENTINA GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 19 ARGENTINA GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 20 ARGENTINA GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 21 ARGENTINA GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 22 ARGENTINA GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 23 COLOMBIA GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 24 COLOMBIA GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 25 COLOMBIA GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 26 COLOMBIA GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 27 COLOMBIA GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 28 CHILE GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 29 CHILE GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 30 CHILE GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 31 CHILE GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 32 CHILE GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 33 PERU GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 34 PERU GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 35 PERU GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 36 PERU GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 37 PERU GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 38 REST OF LATIN AMERICA GENSET MARKET, BY PORTABILITY, 2018-2034 (USD MILLION)
TABLE 39 REST OF LATIN AMERICA GENSET MARKET, BY FUEL, 2018-2034 (USD MILLION)
TABLE 40 REST OF LATIN AMERICA GENSET MARKET, BY END USER, 2018-2034 (USD MILLION)
TABLE 41 REST OF LATIN AMERICA GENSET MARKET, BY POWER RATING, 2018-2034 (USD MILLION)
TABLE 42 REST OF LATIN AMERICA GENSET MARKET, BY APPLICATION, 2018-2034 (USD MILLION)
TABLE 43 PRODUCT DEVELOPMENTS
TABLE 44 MERGER AND ACQUISITION
TABLE 45 CATERPILLAR INC.: PRODUCTS OFFERED
TABLE 46 CATERPILLAR INC.: KEY DEVELOPMENTS
TABLE 47 CUMMINS INC.: PRODUCTS OFFERED
TABLE 48 CUMMINS INC.: KEY DEVELOPMENTS
TABLE 49 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS OFFERED
TABLE 50 MITSUBISHI HEAVY INDUSTRIES, LTD.: KEY DEVELOPMENTS
TABLE 51 GENERAC HOLDINGS INC.: PRODUCTS OFFERED
TABLE 52 KOHLER CO.: PRODUCTS OFFERED
TABLE 53 KOHLER CO.: KEY DEVELOPMENTS
TABLE 54 ATLAS COPCO: PRODUCTS OFFERED
TABLE 55 ATLAS COPCO: KEY DEVELOPMENTS
TABLE 56 MTU ONSITE ENERGY: PRODUCTS OFFERED
TABLE 57 WARTSILA, LTD.: PRODUCTS OFFERED
TABLE 58 YANMAR CO. LTD.: PRODUCTS OFFERED
TABLE 59 ABB: PRODUCTS OFFERED
TABLE 60 ABB.: KEY DEVELOPMENTS

LIST OF FIGURES

FIGURE 1 INFRASTRUCTURE INDUSTRY IN MEXICO, 2019 & 2023, (IN USD BILLION)
FIGURE 2 LATIN AMERICA GENSET MARKET SNAPSHOT, 2023-2034
FIGURE 3 LATIN AMERICA GENSET MARKET: STRUCTURE
FIGURE 4 LATIN AMERICA GENSET MARKET: MARKET GROWTH FACTOR ANALYSIS (2023-2034)
FIGURE 5 BRAZIL ANNUAL ELECTRICITY GENERATION CAPACITY PER SOURCE, 2019-2023, (IN MEGAWATTS)
FIGURE 6 INFRASTRUCTURE INDUSTRY IN MEXICO, 2019 & 2023, (IN USD BILLION)
FIGURE 7 DRIVER IMPACT ANALYSIS (2024-2034)
FIGURE 8 RESTRAINT IMPACT ANALYSIS (2024-2034)
FIGURE 9 SUPPLY CHAIN ANALYSIS: LATIN AMERICA GENSET MARKET
FIGURE 10 PORTER'S FIVE FORCES MODEL: LATIN AMERICA GENSET MARKET
FIGURE 11 LATIN AMERICA GENSET MARKET, BY PORTABILITY, SEGMENT ANALYSIS
FIGURE 12 LATIN AMERICA GENSET MARKET, BY RATING, 2023 (% SHARE)
FIGURE 13 LATIN AMERICA GENSET MARKET, BY FUEL, SEGMENT ANALYSIS
FIGURE 14 LATIN AMERICA GENSET MARKET, BY FUEL, 2023 (% SHARE)
FIGURE 15 LATIN AMERICA GENSET MARKET, BY END USER, SEGMENT ANALYSIS
FIGURE 16 LATIN AMERICA GENSET MARKET, BY END USER, 2023 (% SHARE)
FIGURE 17 LATIN AMERICA GENSET MARKET, BY POWER RATING, SEGMENT ANALYSIS
FIGURE 18 LATIN AMERICA GENSET MARKET, BY POWER RATING, 2023 (% SHARE)
FIGURE 19 LATIN AMERICA GENSET MARKET, BY APPLICATION, SEGMENT ANALYSIS
FIGURE 20 LATIN AMERICA GENSET MARKET, BY APPLICATION, 2023 (% SHARE)
FIGURE 21 LATIN AMERICA GENSET MARKET, BY COUNTRY, 2023 (% SHARE)
FIGURE 22 LATIN AMERICA GENSET MARKET PLAYERS: COMPETITIVE ANALSIS, 2023
FIGURE 23 BRAZIL GENSET MARKET PLAYERS: COMPETITIVE ANALSIS, 2023
FIGURE 24 MEXICO GENSET MARKET PLAYERS: COMPETITIVE ANALSIS, 2023
FIGURE 25 COMPETITOR DASHBOARD: LATIN AMERICA GENSET MARKET
FIGURE 26 CATERPILLAR INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 27 CATERPILLAR INC.: SWOT ANALYSIS
FIGURE 28 CUMMINS INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 29 CUMMINS INC.: SWOT ANALYSIS
FIGURE 30 MITSUBISHI HEAVY INDUSTRIES, LTD.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 31 MITSUBISHI HEAVY INDUSTRIES, LTD.: SWOT ANALYSIS
FIGURE 32 GENERAC HOLDINGS INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 33 GENERAC HOLDINGS INC.: SWOT ANALYSIS
FIGURE 34 KOHLER CO.: SWOT ANALYSIS
FIGURE 35 ATLAS COPCO: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 36 ATLAS COPCO: SWOT ANALYSIS
FIGURE 37 MTU ONSITE ENERGY: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 38 MTU ONSITE ENERGY: SWOT ANALYSIS
FIGURE 39 WARTSILA, LTD: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 40 WARTSILA: SWOT ANALYSIS
FIGURE 41 YANMAR CO. LTD.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 42 YANMAR CO. LTD.: ANALYSIS
FIGURE 43 ABB: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 44 ABB: SWOT ANALYSIS