Gas Generator Sets Market Size

Gas Generator Sets Market Size

The global gas generator sets market was valued at USD 6.9 billion in 2024 and is estimated to grow at a CAGR of 8.8% from 2025 to 2034. The increasing emphasis toward the deployment of cleaner energy sources driven by growing climate change awareness will promote the deployment of these products. Additionally, the ongoing expansion of unconventional gas resources particularly in the U.S. shale sector and bolstered by supportive legislation will contribute to the industry growth.

A gas generator set is an electrical device that includes a generator, a gas engine, and various auxiliary components to produce electrical power. This equipment is primarily used to supply emergency power during grid outages or to provide electricity at sites without grid access. Increasingly stringent emissions and pollution control regulations imposed by governments and regulatory bodies are set to positively influence the generator set market.