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North America Gas Generator Sets Market Share

Report ID: GMI7261
Published Date: Nov 2023
Report Format: PDF

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North America Gas Generator Sets Market Share

Major participants in the North American gas generator sets market employ a variety of strategies to maintain and improve their market position. These strategies are often shaped by factors such as competitive pressures, technological advancements, changes in regulations, and evolving customer choices. The major players operating across the market include:

Cummins, Inc.
Briggs & Stratton
Kohler Co.
Generac Power Systems, Inc.
Caterpillar
HIMOINSA
Aggreko
Eaton
Champion Power Equipment
DuroMax Power Equipment
FIRMAN Power Equipment
Westinghouse Outdoor Power Equipment
MTU Onsite Energy
Perkins Engines Company Limited
Doosan Portable Power
Gillette Generators Inc
HIPOWER Systems
Axiom Equipment Group
Wajax
MTS Power Products

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market valuation of the North America gas generator sets was exceeded USD 1.1 billion in 2022 and is projected to reach USD 2.4 billion by 2032, owing to the increasing instances of grid instability and blackouts in the region.

North America gas generator sets industry from the > 50 kVA - 125 kVA rated segment accounted for more than 10% revenue share in 2022 and is anticipated to witness high demand through 2032, attributed to their efficient, cost-effective, and versatile applicability as a backup power solution.

The U.S. market for gas generator sets was worth USD 935.7 million in 2022 and is set to record robust growth through 2032 on account of escalating data center outage costs along with the escalating environmental concerns in the region.

Some leading gas generator set companies are Cummins, Inc., Briggs & Stratton, Kohler Co., Generac Power Systems, Inc., Caterpillar, Aggreko, Eaton, DuroMax Power Equipment, Perkins Engines Company Limited, Gillette Generators Inc, and Wajax, among others.