Black Start Generator Market size was over USD 2.22 billion in 2024 and is projected to reach USD 4.4 billion by 2037, growing at around 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of black start generator is assessed at USD 2.42 billion.
Black start generators are high in demand during blackouts for providing power backup without depending on any external electric source. Thus, the rising number of power outages is anticipated to be the primary growth factor of the market. In 2022, around 30% of Indian households have faced power outages for up to 2 hours every day on average.
Black start generators are beneficial in accelerating system restoration during and after a power failure at power generation stations. Thus, black start generators are advantageous for the initial backup as they provide a fast start-up to the primary turbine generators. In times of technical and natural disasters, the emergence of black start generator has ensured an uninterrupted power supply.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.4% |
Base Year Market Size (2024) |
USD 2.22 billion |
Forecast Year Market Size (2037) |
USD 4.4 billion |
Regional Scope |
|
Black Start Generators Segmentation
Fuel Type (Diesel, Gas, Hybrid)
The diesel segment is anticipated to hold over 43% share of the global black start generator market during the forecast year. The demand for diesel black start generators is rising, owing to their many advantages such as fast and efficient reactive time, convenient fuel source, and prolonged life. Furthermore, the low cost and easy maintenance of diesel-based generators are other advantages that are estimated to attract consumers. Black start generators running on diesel require less time to activate during power cuts and are highly reliable which makes them an ideal option in heavy industries.
Application (Power Generation, Hydro, Thermal, Nuclear, Oil & Gas, Manufacturing, Healthcare, IT)
The power generation segment in the black start generator market is set to garner the highest revenue share of 35% through the forecasted timeframe. This can be attributed to the increasing use of these black start generators for power generation. Especially in times of power outages, and blackouts. Additionally, the rising demand for electricity by this segment is attributed to the increase in the utilization rate of black start generators. The global electricity demand is growing by 2% every year and is expected to double by 50% by 2050. Moreover, black start generators have been found extremely useful and convenient in many end-user industries such as oil & gas, manufacturing, healthcare, IT, and others for power generation for their operation.
Power (Below 1,000kW, 1,000kW- 2000kW, 2000kW – 3000kW, above 3000kW)
The 2000kW – 3000kW sub-segment is poised to account for a significant share of the power segment. This power rating helps in providing an electric supply to auxiliary components and ensures smooth and streamlined power throughout the power plant.
Our in-depth analysis of the global market includes the following segments:
Fuel Type |
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Power |
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Application |
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APAC Market Forecast
Asia Pacific industry is predicted to dominate majority revenue share of 35% by 2037. Asia Pacific region is considered to be one of the fastest-growing regions in the world owing to the increasing population, rapid industrialization, and increased urbanization. As a result, the demand for an uninterrupted power supply is high which brings in the need for black-start generators to ensure the continued supply of electricity. Furthermore, many countries in the region such as India, Japan, China, and South Korea are heavily investing in efficient energy generation and transmission. This is slated to create a positive outlook for market expansion in the next few years.
North American Market Statistics
The North American black start generator market is set to hold 24% of the revenue share by the end of the projected timeframe, owing to the presence of the largest industrial share along with the energy-intensive manufacturing sector in the region which requires a continuous supply of electricity for operations. Furthermore, the availability of major key players in the region and their high investments in research and development activities is estimated to bring lucrative growth opportunities for increasing the market value in the upcoming years.
Author Credits: Dhruv Bhatia
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