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Standby Construction Generator Sets Market Share

Report ID: GMI9659
Published Date: May 2024
Report Format: PDF

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Standby Construction Generator Sets Market Share

Caterpillar is engaged in the design, manufacture and sale of mining equipment, industrial gas turbines, diesel & electric locomotives and diesel & natural gas engines. The company operates its business through three segments, resource industries, energy & transportation, and construction industries. It sells its products under the brand names including CAT, EMD, MaK, Progress Rail, FG Wilson, Perkins, SEM, Caterpillar, Solar Turbines, and MWM. Caterpillar owns and operates R&D centers across the U.S., Japan, the UK, China, and India.

Standby Construction Generator Sets Market Companies

The key industry players include:

Aggreko
Ashok Leyland
Atlas Copco AB
Caterpillar
Cummins, Inc.
Deere & Company
Generac Power Systems, Inc.
Greaves Cotton Limited
HIMOINSA
J C Bamford Excavators Ltd.
Kirloskar
Kohler Co.
Mahindra Powerol
Mitsubishi Heavy Industries Ltd.
Powerica Limited
Sterling and Wilson Pvt. Ltd.
Wärtsilä
Yamaha Motor Co., Ltd.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

Global standby construction generator sets market size was valued at USD 2.9 billion in 2023 and is projected to grow at a 9.1% CAGR through 2032 due to the surging intensity of weather-related disasters and increasing investments across the real state sector.

The diesel segment of the standby construction generator sets will witness a growth rate of over 8% from 2024 to 2032 due to their higher fuel efficiency and ease of operation, and regulatory agencies implementing strict emissions regulations.

Asia Pacific standby construction generator sets industry is set to surpass USD 3.5 billion by 2032 due to the high investment in construction, increasing environmental concerns and growing regulatory pressure.

Aggreko, Ashok Leyland, Atlas Copco AB, Caterpillar, Cummins, Inc., Deere & Company, Generac Power Systems, Inc., Greaves Cotton Limited, HIMOINSA, J C Bamford Excavators Ltd., Kirloskar and Kohler Co.. among others.