Black Start Generator Market Size

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