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Asia Pacific Generator Sets Market Share

Report ID: GMI8915
Published Date: Apr 2024
Report Format: PDF

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Asia Pacific Generator Sets Market Share

Honda India Power Products, a division of Honda Siel Power Products Ltd., is one of the leading manufacturers of power equipment in the Asian market. Renowned for their reliability, efficiency, and durability, the company’s gensets cater to a wide range of applications, from residential to commercial and industrial use. It offers dependable power solutions to meet various needs, ensuring uninterrupted electricity supply in diverse areas.

Asia Pacific Generator Sets Market Companies

Some major players operating in the Asia Pacific generator sets industry is mentioned below:

Ashok Leyland
Atlas Copco AB
Briggs & Stratton
Caterpillar
Cummins
Deere & Company
FG Wilson
Generac Power Systems
HIMOINSA
Honda India Power Products
Kirloskar
Kohler Co.
Mahindra Powerol
Mitsubishi Heavy Industries
Powerica
Rapid Power Generation
Rolls-Royce
Sterling & Wilson
Sudhir Power
Supernova Genset
Wärtsilä
Yamaha Motor Co.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Asia Pacific market for generator sets was reached USD 21 billion in 2023 and is set to grow at 7.5% between 2024 and 2032, driven by increasing consumer inclination toward increased reliability.

Diesel gensets from fuel type segment held a decent market share in 2023 and is set to grow at 7% till 2032, driven by growing demand from industries including oil & gas, mining, telecom, and construction.

China generator sets market will surpass USD 16 billion by 2032, driven by robust expansion of data centers.

Ashok Leyland, Atlas Copco AB,Caterpillar, Deere & Company, FG Wilson, Generac Power Systems, HIMOINSA, Honda India Power Products, Kirloskar, Kohler Co. among others.