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Asia Pacific Commercial Gensets Market Share

Report ID: GMI8648
Published Date: Mar 2024
Report Format: PDF

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Asia Pacific Commercial Gensets Market Share

Kirloskar Oil Engines Limited (KOEL) is a leading manufacturer of engines and power solutions based in India. KOEL offers a wide range of gensets catering to various power requirements and applications. Their product portfolio includes diesel gensets, gas gensets, and green gensets powered by alternative fuels like biodiesel, biogas, and natural gas.

Asia Pacific Commercial Gensets Market Companies

Some of major players profiled in the industry include:

Aggreko
ASHOK LEYLAND
Atlas Copco
Briggs & Stratton
Caterpillar
Cummins
Deere & Company
FG Wilson
Generac Power Systems
HIMOINSA
Honda Motor Co.
J C Bamford Excavators Ltd.
Kirloskar Oil Engines Limited
Kohler
MAHINDRA POWEROL
Mitsubishi Heavy Industries
Rolls-Royce
Sudhir Group
Wartsila
Yamaha Motor Co.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Asia Pacific market for commercial gensets was reached USD 9.3 billion in 2023 and is estimated to grow at 7.4% CAGR up to 2032, due to increasingly stringent environmental regulations and the shift towards cleaner power sources.

Asia Pacific commercial diesel gensets market size will witness over 6.5% growth rate from 2024 to 2032, led by the notable increase in demand for sturdy construction activities, especially in the building of hospitals and healthcare facilities.

India commercial gensets market size will exceed USD 3.5 billion by 2032, owing to the expansion of electrification initiatives, coupled with the widespread deployment of generators to bolster the primary grid or synergize with renewable energy sources.

Some of the key commercial genset industry players across APAC include Aggreko, ASHOK LEYLAND, Atlas Copco, Briggs & Stratton, Caterpillar, and Cummins