Executive Summery

This report presents a detailed overview of the Generator Engine Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Generator Engine industry landscape.

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Generator Engine Market Statistics and Key Highlights

The Global Generator Engine Market is estimated to grow at a CAGR of around 3.8% during the forecast period, i.e., 2024-30.

  • Generator Engine market shows steady growth
  • Market size expanding due to rising industry demand
  • Competitive landscape driven by tech and innovation
  • Detailed segment-wise and geography wise share analysis
  • Forecast reveals strong trends shaping future outlook

Key Player- Emerging Generator Engine Companies

  • ADE Power Ltd.
  • General Power Limited, Inc.
  • Cummins Inc.,
  • Caterpillar Inc.
  • Generac Power Systems, Inc.
  • Deutz AG
  • Rolls-Royce Plc
  • Yanmar Holdings Co. Ltd.
  • Perkins Engine Company Limited
  • Motorenfabrik Hatz GmbH & Co. KG
  • Briggs & Stratton
  • AB Volvo Penta
  • Marelli Motors
  • Mitsubishi Heavy Industries, Ltd.
  • Others

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Key Driver:

Proliferation of Data Centers to Thrive the Industry Growth – Medium-Scale & Large-Scale business enterprises generate a high amount of data. Therefore, to store & manage this huge information, enterprises require cloud-based technologies and data centers. The servers in the data centers need constant electricity. Therefore, the rising establishment of the data center is uplifting the demand for backup power solutions. Further, organizations across the globe are actively embracing cloud computing to leverage its scalability, flexibility, and cost-efficiency. As a result, pivotal cloud service providers are focusing on extending their data center infrastructure within the region to meet the growing demand for cloud services. This is leading to the increasing adoption of generators to ensure an uninterrupted power supply to keep the data centers running.

Moreover, the ongoing digital transformation in government & public offices across the world has notably contributed to the need for localized data centers to maintain the privacy of government data. This has led to the expansion of companies like Microsoft, Oracle, etc., to set up data centers to cater to the cloud service needs of the government & enterprises. Thus, growing digital transformation across the globe would notably boost the generator demand worldwide for power backup, thereby driving the growth of the Global Generator Engine Market.

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Generator Engine Market Segmentation

By Fuel Type

  • Diesel- Market Size & Forecast 2019-2030F, Thousand Units
  • Natural Gas- Market Size & Forecast 2019-2030F, Thousand Units

By Power Rating

  • Up to 50kVA- Market Size & Forecast 2019-2030F, Thousand Units
  • 51kVA- 500kVA- Market Size & Forecast 2019-2030F, Thousand Units
  • 501kVA- 1250 kVA- Market Size & Forecast 2019-2030F, Thousand Units
  • 1251kVA -2000kVA- Market Size & Forecast 2019-2030F, Thousand Units
  • 2001kVA- 3000kVA- Market Size & Forecast 2019-2030F, Thousand Units
  • Above 3000kVA- Market Size & Forecast 2019-2030F, Thousand Units         

By End User

  • Original Equipment Manufacturers (OEMs)- Market Size & Forecast 2019-2030F, Thousand Units
  • Aftermarket- Market Size & Forecast 2019-2030F, Thousand Units

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Geographically, Asia-Pacific holds a notable market share in the Global Generator Engine Market.

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