Black Start Generator Market Analysis

  • Report ID: 5063
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Black Start Generator Market Analysis

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

  • Diesel
  • Gas
  • Hybrid

           Power

  • Below 1,000kW
  • 1,000kW – 2,000kW
  • 2,000kW – 3,000kW
  • Above 3,000kW

            Application

  • Power Generation
  • Hydro
  • Thermal
  • Nuclear
  • Oil & Gas
  • Manufacturing
  • Healthcare
  • IT
 
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Author Credits:  Dhruv Bhatia


  • Report ID: 5063
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of black start generator is estimated at USD 2.22 Billion.

The black start generator market size was valued at USD 2.11 Billion in 2023 and is likely to reach USD 4.13 Billion by 2036, registering around 5.3% CAGR during the forecast period i.e., between 2024-2036. The increasing need for uninterrupted power supply and rapid growth of the heavy industries is anticipated to bring in lucrative growth opportunities for the expansion of market size.

North America industry is set to hold 24% of the revenue share by 2036, owing to presence of the largest industrial share along with the energy-intensive manufacturing sector in the region.

Cummins Inc., Mitsubishi Heavy Industries, Ltd., Caterpillar Inc., General Electric Company, Generac Holdings Inc., HIMOINSA S.L., J C Bamford Excavators Ltd, Aggreko Ltd, MAN Energy Solutions SE, MTU Onsite Energy
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