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Gas Generator Sets Market outlook (2019 - 2025) | Industry Trends and Forecast

Author : Rahul Sankrityayan | Published Date : 2019-09-16 

Global Market Insights, Inc., announces a report on Gas Generator Sets Market Trends & Forecast - 2024.' The study encompasses an elaborate analysis of the product, application, and regional trends in the industry.

The gas generator sets market demand is expected to grow from USD 5 billion in 2018 to USD 9 billion by 2025, at a compound annual growth rate (CAGR) of 8% during the forecast period.

The U.S. gas generator sets market is anticipated to reach over USD 1.7 billion by 2025. The development of hydraulic fracturing technology has provided access to vast reserves of shale gas, implying to a greater penetration of natural-gas operated equipment, including gas gensets. The industry is shifting toward gas-fired power generation on account of augmented production of shale gas and their reduced carbon emissions. For instance, the CO2 produced by natural gas is nearly half of that produced by coal for same amount of thermal output.

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Global Gas Generator Sets Market is set to exceed USD 9 Billion by 2025. Growing implications for energy security and rising concerns over carbon emissions coupled with rising stringency of environmental regulations will drive the global gas generator sets market. For instance, the U.S. EPA has set minimum emissions standards for generator sets with an objective to limit the emission of air pollutants. These gensets' characteristic of relatively lower emission of pollutants including carbon, NOX and particulate matters will allow the technology to occupy a substantial share of diesel gensets along with restraining the penetration of distributed renewable generation to a certain extent over the forecast timeframe.

Industrial gas gensets market is set to witness an appreciable growth owing to intensifying regulatory pressure to improve sustainability and environmental performance across diverse production facilities. Moreover, relatively stable and competitive price of natural gas along with low emission combustion will accelerate the deployment of these units as an effective and affordable step toward compliance with stringent emission standards while maintaining security of supply. These units are poised to capture a significant share of diesel gensets industry while restraining the deployment of renewable generation to an extent.

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Standby gas generator sets market will witness a robust growth driven by progressive development and innovation of low-emission gas operated engines. Additionally, modifications in gas fired engines' ability to adapt with load acceptance standards and code-driven start time will boost the business growth. The adoption of these units for electric power security has been dramatically stimulated by the reconfiguration capability of gas engines for standby applications.

The Middle East gas gensets market will witness a remarkable growth owing to the growing efforts toward economic diversification and ongoing development in the regional infrastructure. Upcoming mega events, most notably the Qatar FIFA World Cup 2022 and Dubai World Expo 2020 will necessitate the massive deployment of these units to support the prime and backup power needs. Furthermore, countries including UAE and Saudi Arabia are determined to diversify their oil-based economy with endeavors into other segments which will positively influence the industry growth.

The UK gas gensets market is anticipated to witness appreciable growth on account of rigorous emission & environmental compliances including the Stage V limits introduced by the EU. Furthermore, shifting trend of industries toward lower emission power sources which includes natural-gas and dual fuel configurations is anticipated to positively influence the industry landscape. The adoption of these units to support the integration of renewable sources in the grid is another evolving factor driving the industry growth.

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Key industry participants active across the global gas generator sets market include Generac, Wartsila, Cummins, Stemac, Kohler SDMO, Mahindra Powerol, Briggs & Stratton, FG Wilson, Himoinsa Cooper Corporation, Caterpillar, Clarke Energy and MTU amongst others.

Partial Table of Contents (ToC) of the report:

Chapter 4 Global Gas Generator Sets Market, By Power Rating

4.1 Global gas generator sets market share by power rating, 2018 & 2025

4.2 <75 kVA

4.2.1 Global market from <75 kVA, 2014 – 2025

4.2.2 Global market from <75 kVA, by region, 2014 - 2025

4.3 75-375 kVA

4.3.1 Global market from 75-375 kVA, 2014 – 2025

4.3.2 Global market from 75-375 kVA, by region, 2014 - 2025

4.4 375-750 kVA

4.4.1 Global market from 375-750 kVA, 2014 – 2025

4.4.2 Global market from 375-750 kVA, by region, 2014 - 2025

4.5 >750 kVA

4.5.1 Global market from >750 kVA, 2014 – 2025

4.5.2 Global market from >750 kVA, by region, 2014 - 2025

Chapter 5 Global Gas Generator Sets Market, By End Use

5.1 Global gas generator sets market share by end use, 2018 & 2025

5.2 Residential

5.2.1 Global market from residential, 2014 – 2025

5.2.2 Global market from residential, by region, 2014 - 2025

5.3 Commercial

5.3.1 Global market from commercial, 2014 – 2025

5.3.2 Global market from commercial, by region, 2014 - 2025

5.4 Industrial

5.4.1 Global market from industrial, 2014 – 2025

5.4.2 Global market from industrial, by region, 2014 - 2025

Chapter 6 Global Gas Generator Sets Market, By Application

6.1 Global gas generator sets market share by application, 2018 & 2025

6.2 Standby

6.2.1 Global market from standby, 2014 – 2025

6.2.2 Global market from standby, by region, 2014 - 2025

6.3 Peak shaving

6.3.1 Global market from peak shaving, 2014 – 2025

6.3.2 Global market from peak shaving, by region, 2014 - 2025

6.4 Prime/continuous

6.4.1 Global market from prime/continuous, 2014 – 2025

6.4.2 Global market from prime/continuous, by region, 2014 - 2025

Chapter 7 Global Gas Generator Sets Market, By Region

7.1 Global gas generator sets market share by region, 2018 & 2025

7.2 North America

7.2.1 North America market, 2014 – 2025

7.2.2 North America market by power rating, 2014 – 2025

7.2.3 North America market by end use, 2014 – 2025

7.2.4 North America market by application, 2014 – 2025

7.2.5 U.S.

7.2.5.1 U.S. market, 2014 – 2025

7.2.5.2 U.S. market by power rating, 2014 – 2025

7.2.5.3 U.S. market by end use, 2014 – 2025

7.2.5.4 U.S. market by application, 2014 – 2025

7.2.6 Canada

7.2.6.1 Canada market, 2014 – 2025

7.2.6.2 Canada market by power rating, 2014 – 2025

7.2.6.3 Canada market by end use, 2014 – 2025

7.2.6.4 Canada market by application, 2014 – 2025

7.3 Europe

7.3.1 Europe market, 2014 – 2025

7.3.2 Europe market by power rating, 2014 – 2025

7.3.3 Europe market by end use, 2014 – 2025

7.3.4 Europe market by application, 2014 – 2025

7.3.5 Russia

7.3.5.1 Russia market, 2014 – 2025

7.3.5.2 Russia market by power rating, 2014 – 2025

7.3.5.3 Russia market by end use, 2014 – 2025

7.3.5.4 Russia market by application, 2014 – 2025

7.3.6 UK

7.3.6.1 UK market, 2014 – 2025

7.3.6.2 UK market by power rating, 2014 – 2025

7.3.6.3 UK market by end use, 2014 – 2025

7.3.6.4 UK market by application, 2014 – 2025

7.3.7 Germany

7.3.7.1 Germany market, 2014 – 2025

7.3.7.2 Germany market by power rating, 2014 – 2025

7.3.7.3 Germany market by end use, 2014 – 2025

7.3.7.4 Germany market by application, 2014 – 2025

7.3.8 France

7.3.8.1 France market, 2014 – 2025

7.3.8.2 France market by power rating, 2014 – 2025

7.3.8.3 France market by end use, 2014 – 2025

7.3.8.4 France market by application, 2014 – 2025

7.3.9 Spain

7.3.9.1 Spain market, 2014 – 2025

7.3.9.2 Spain market by power rating, 2014 – 2025

7.3.9.3 Spain market by end use, 2014 – 2025

7.3.9.4 Spain market by application, 2014 – 2025

7.3.10 Austria

7.3.10.1 Austria market, 2014 – 2025

7.3.10.2 Austria market by power rating, 2014 – 2025

7.3.10.3 Austria market by end use, 2014 – 2025

7.3.10.4 Austria market by application, 2014 – 2025

7.3.11 Italy

7.3.11.1 Italy market, 2014 – 2025

7.3.11.2 Italy market by power rating, 2014 – 2025

7.3.11.3 Italy market by end use, 2014 – 2025

7.3.11.4 Italy market by application, 2014 – 2025

7.4 Asia Pacific

7.4.1 Asia Pacific market, 2014 – 2025

7.4.2 Asia Pacific market by power rating, 2014 – 2025

7.4.3 Asia Pacific market by end use, 2014 – 2025

7.4.4 Asia Pacific market by application, 2014 – 2025

7.4.5 China

7.4.5.1 China market, 2014 – 2025

7.4.5.2 China market by power rating, 2014 – 2025

7.4.5.3 China market by end use, 2014 – 2025

7.4.5.4 China market by application, 2014 – 2025

7.4.6 Australia

7.4.6.1 Australia market, 2014 – 2025

7.4.6.2 Australia market by power rating, 2014 – 2025

7.4.6.3 Australia market by end use, 2014 – 2025

7.4.6.4 Australia market by application, 2014 – 2025

7.4.7 India

7.4.7.1 India market, 2014 – 2025

7.4.7.2 India market by power rating, 2014 – 2025

7.4.7.3 India market by end use, 2014 – 2025

7.4.7.4 India market by application, 2014 – 2025

7.4.8 Japan

7.4.8.1 Japan market, 2014 – 2025

7.4.8.2 Japan market by power rating, 2014 – 2025

7.4.8.3 Japan market by end use, 2014 – 2025

7.4.8.4 Japan market by application, 2014 – 2025

7.4.9 Indonesia

7.4.9.1 Indonesia market, 2014 – 2025

7.4.9.2 Indonesia market by power rating, 2014 – 2025

7.4.9.3 Indonesia market by end use, 2014 – 2025

7.4.9.4 Indonesia market by application, 2014 – 2025

7.4.10 South Korea

7.4.10.1 South Korea market, 2014 – 2025

7.4.10.2 South Korea market by power rating, 2014 – 2025

7.4.10.3 South Korea market by end use, 2014 – 2025

7.4.10.4 South Korea market by application, 2014 – 2025

7.5 Middle East

7.5.1 Middle East market, 2014 – 2025

7.5.2 Middle East market by power rating, 2014 – 2025

7.5.3 Middle East market by end use, 2014 – 2025

7.5.4 Middle East market by application, 2014 – 2025

7.5.5 Saudi Arabia

7.5.5.1 Saudi Arabia market, 2014 – 2025

7.5.5.2 Saudi Arabia market by power rating, 2014 – 2025

7.5.5.3 Saudi Arabia market by end use, 2014 – 2025

7.5.5.4 Saudi Arabia market by application, 2014 – 2025

7.5.6 UAE

7.5.6.1 UAE market, 2014 – 2025

7.5.6.2 UAE market by power rating, 2014 – 2025

7.5.6.3 UAE market by end use, 2014 – 2025

7.5.6.4 UAE market by application, 2014 – 2025

7.5.7 Qatar

7.5.7.1 Qatar market, 2014 – 2025

7.5.7.2 Qatar market by power rating, 2014 – 2025

7.5.7.3 Qatar market by end use, 2014 – 2025

7.5.7.4 Qatar market by application, 2014 – 2025

7.5.8 Turkey

7.5.8.1 Turkey market, 2014 – 2025

7.5.8.2 Turkey market by power rating, 2014 – 2025

7.5.8.3 Turkey market by end use, 2014 – 2025

7.5.8.4 Turkey market by application, 2014 – 2025

7.5.9 Iran

7.5.9.1 Iran market, 2014 – 2025

7.5.9.2 Iran market by power rating, 2014 – 2025

7.5.9.3 Iran market by end use, 2014 – 2025

7.5.9.4 Iran market by application, 2014 – 2025

7.5.10 Oman

7.5.10.1 Oman market, 2014 – 2025

7.5.10.2 Oman market by power rating, 2014 – 2025

7.5.10.3 Oman market by end use, 2014 – 2025

7.5.10.4 Oman market by application, 2014 – 2025

7.6 Africa

7.6.1 Africa market, 2014 – 2025

7.6.2 Africa market by power rating, 2014 – 2025

7.6.3 Africa market by end use, 2014 – 2025

7.6.4 Africa market by application, 2014 – 2025

7.6.5 Egypt

7.6.5.1 Egypt market, 2014 – 2025

7.6.5.2 Egypt market by power rating, 2014 – 2025

7.6.5.3 Egypt market by end use, 2014 – 2025

7.6.5.4 Egypt market by application, 2014 – 2025

7.6.6 Nigeria

7.6.6.1 Nigeria market, 2014 – 2025

7.6.6.2 Nigeria market by power rating, 2014 – 2025

7.6.6.3 Nigeria market by end use, 2014 – 2025

7.6.6.4 Nigeria market by application, 2014 – 2025

7.6.7 Algeria

7.6.7.1 Algeria market, 2014 – 2025

7.6.7.2 Algeria market by power rating, 2014 – 2025

7.6.7.3 Algeria market by end use, 2014 – 2025

7.6.7.4 Algeria market by application, 2014 – 2025

7.6.8 South Africa

7.6.8.1 South Africa market, 2014 – 2025

7.6.8.2 South Africa market by power rating, 2014 – 2025

7.6.8.3 South Africa market by end use, 2014 – 2025

7.6.8.4 South Africa market by application, 2014 – 2025

7.6.9 Angola

7.6.9.1 Angola market, 2014 – 2025

7.6.9.2 Angola market by power rating, 2014 – 2025

7.6.9.3 Angola market by end use, 2014 – 2025

7.6.9.4 Angola market by application, 2014 – 2025

7.6.10 Kenya

7.6.10.1 Kenya market, 2014 – 2025

7.6.10.2 Kenya market by power rating, 2014 – 2025

7.6.10.3 Kenya market by end use, 2014 – 2025

7.6.10.4 Kenya market by application, 2014 – 2025

7.6.11 Mozambique

7.6.11.1 Mozambique market, 2014 – 2025

7.6.11.2 Mozambique market by power rating, 2014 – 2025

7.6.11.3 Mozambique market by end use, 2014 – 2025

7.6.11.4 Mozambique market by application, 2014 – 2025

7.7 Latin America

7.7.1 Latin America market, 2014 – 2025

7.7.2 Latin America market by power rating, 2014 – 2025

7.7.3 Latin America market by end use, 2014 – 2025

7.7.4 Latin America market by application, 2014 – 2025

7.7.5 Brazil

7.7.5.1 Brazil market, 2014 – 2025

7.7.5.2 Brazil market by power rating, 2014 – 2025

7.7.5.3 Brazil market by end use, 2014 – 2025

7.7.5.4 Brazil market by application, 2014 – 2025

7.7.6 Mexico

7.7.6.1 Mexico market, 2014 – 2025

7.7.6.2 Mexico market by power rating, 2014 – 2025

7.7.6.3 Mexico market by end use, 2014 – 2025

7.7.6.4 Mexico market by application, 2014 – 2025

7.7.7 Argentina

7.7.7.1 Argentina market, 2014 – 2025

7.7.7.2 Argentina market by power rating, 2014 – 2025

7.7.7.3 Argentina market by end use, 2014 – 2025

7.7.7.4 Argentina market by application, 2014 – 2025

7.7.8 Chile

7.7.8.1 Chile market, 2014 – 2025

7.7.8.2 Chile market by power rating, 2014 – 2025

7.7.8.3 Chile market by end use, 2014 – 2025

7.7.8.4 Chile market by application, 2014 – 2025

Chapter 8 Company Profiles

8.1 Cummins

8.1.1 Business Overview

8.1.2 Financial Data

8.1.3 Product Landscape

8.1.4 Strategic Outlook

8.1.5 SWOT Analysis

8.2 Briggs & Stratton

8.2.1 Business Overview

8.2.2 Financial Data

8.2.3 Product Landscape

8.2.4 Strategic Outlook

8.2.5 SWOT Analysis

8.3 SDMO Industries

8.3.1 Business Overview

8.3.2 Financial Data

8.3.3 Product Landscape

8.3.4 Strategic Outlook

8.3.5 SWOT Analysis

8.4 Generac

8.4.1 Business Overview

8.4.2 Financial Data

8.4.3 Product Landscape

8.4.4 Strategic Outlook

8.4.5 SWOT Analysis

8.5 Himoinsa

8.5.1 Business Overview

8.5.2 Financial Data

8.5.3 Product Landscape

8.5.4 Strategic Outlook

8.5.5 SWOT Analysis

8.6 Caterpillar

8.6.1 Business Overview

8.6.2 Financial Data

8.6.3 Product Landscape

8.6.4 Strategic Outlook

8.6.5 SWOT Analysis

8.7 MTU Onsite Energy

8.7.1 Business Overview

8.7.2 Financial Data

8.7.3 Product Landscape

8.7.4 SWOT Analysis

8.8 Mitsubishi Heavy Industries

8.8.1 Business Overview

8.8.2 Financial Data

8.8.3 Product Landscape

8.8.4 SWOT Analysis

8.9 Mahindra Powerol

8.9.1 Business Overview

8.9.2 Financial Data

8.9.3 Product Landscape

8.9.4 Strategic Outlook

8.9.5 SWOT Analysis

8.10 Stemac

8.10.1 Business Overview

8.10.2 Financial Data

8.10.3 Product Landscape

8.10.4 Strategic Outlook

8.10.5 SWOT Analysis

8.11 MAN Turbomachinery

8.11.1 Business Overview

8.11.2 Financial Data

8.11.3 Product Landscape

8.11.4 Strategic Outlook

8.11.5 SWOT Analysis

8.12 FG Wilson

8.12.1 Business Overview

8.12.2 Financial Data

8.12.3 Product Landscape

8.12.4 Strategic Outlook

8.12.5 SWOT Analysis

8.13 Genmac

8.13.1 Business Overview

8.13.2 Financial Data

8.13.3 Product Landscape

8.13.4 Strategic Outlook

8.13.5 SWOT Analysis

8.14 GE

8.14.1 Business Overview

8.14.2 Financial Data

8.14.3 Product Landscape

8.14.4 Strategic Outlook

8.14.5 SWOT Analysis

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/gas-generator-sets-market

 

 

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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