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North America Hybrid Generator Market Share

Report ID: GMI8629
Published Date: Mar 2024
Report Format: PDF

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North America Hybrid Generator Market Share

North America Hybrid Generator Market Company Share Analysis, 2023

Briggs & Stratton was a well-known player in the generator sets market. The company is recognized for its production of small engines, including those used in generators. It has a significant presence in the consumer and small commercial segments. The company was well-known for its production of small engines, including those used in generators.

North America Hybrid Generator Market Companies

The key industry players include:

Atlas Copco AB
Briggs & Stratton
Cummins, Inc.
Caterpillar Inc.
FG Wilson
Generac Power Systems, Inc.
HIMOINSA
Kirloskar
Kohler Co.
Mitsubishi Heavy Industries, Ltd.
Powerica Limited
Rapid Power Generation Ltd.
Siemens Energy
Sterling and Wilson Pvt. Ltd.
Wärtsilä
Yamaha Motor Co., Ltd.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

North America hybrid generator industry size in 2023 was valued at USD 1,631.3 million and is estimated to grow at a rate of 7.7% through 2032, driven by the transition toward integrating gensets with renewable or storage systems.

The > 50 kVA - 125 kVA segment held a decent share in North America hybrid generator industry in 2023 and is set to reach over USD 400 million by 2032, driven by robust deployment of these units for ensuring consistent and uninterrupted power supply across real estate and automotive production sectors.

The U.S. hybrid generator market held a decent revenue share in 2023 and is set to surpass USD 2,700 million by 2032, driven by the rapid expansion of the telecom sector in the nation, along with unreliable grid infrastructure necessitating product deployment.

Atlas Copco AB, Briggs & Stratton, Cummins, Inc., Caterpillar Inc., FG Wilson, Generac Power Systems, Inc., HIMOINSA, Kirloskar are some of the major industry contenders.