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Standby Generator Sets Market Share

Report ID: GMI5967
Published Date: Jun 2023
Report Format: PDF

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Standby Generator Sets Market Share

The major companies operating in the market includes :

Cummins, Inc.
Kirloskar
Briggs & Stratton
Kohler Co.
Generac Power Systems, Inc.
Yamaha Motor
Powerica
Escorts Group
Himoinsa
Caterpillar
Atlas Copco
J C Bamford Excavators
Mahindra Powerol
Rolls-Royce plc
Ashok Leyland
Wärtsilä
Eaton
Gillette Generators
HIPOWER.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of standby generator sets market size was USD 23.8 billion in 2023 and is projected to grow at 7.2% CAGR during 2024 to 2032, explains GMI report.

Gas standby generator sets industry size will witness more than 7.9% growth till 2032 owing to the increasing focus on cleaner and more sustainable energy sources.

North America industry crossed a valuation of USD 3.9 billion in 2022 attributed to the extreme weather events, aging power infrastructure, and the need for uninterrupted power supply in critical sectors.

Cummins, Inc., Kirloskar, Kohler Co., Mahindra Powerol, Generac Power Systems, Inc., Yamaha Motor, Powerica, Escorts Group, Himoinsa, J C Bamford Excavators, Rolls-Royce plc, Caterpillar, Ashok Leyland, Wärtsilä, Eaton, Gillette Generators and HIPOWER.