Commercial Gensets Market Analysis

  • Report ID: 6817
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Commercial Gensets Market Analysis

Fuel (Diesel, Gas, Hybrid)

By the end of 2037, diesel segment is likely to hold over 73.5% commercial gensets market share. The cost-effectiveness of diesel compared to other fuels is the main factor contributing to the segmental growth. The durability and high performance offered by the diesel commercial gensets are also driving their sales growth. Construction, telecom, and manufacturing are the major application areas of diesel commercial gensets as they require continuous power. Considering the increasing demands, manufacturers are employing new product launch strategies. 

For instance, in August 2022, Caterpillar, Inc. announced the launch of 3 new standby diesel generator sets in North America. From 20 to 20 Kw capacity, these gensets are finding high applications in telecommunications and small industrial & commercial units.  Such an additional option range is driving the high attention of end users, further contributing to Caterpillar’s revenue growth.

Power Rating (≤ 50 kVA, > 50 kVA - 125 kVA, > 125 kVA - 200 kVA, > 200 kVA - 330 kVA, > 330 kVA - 750 kVA, > 750 kVA)

In commercial gensets market, ≤ 50 kVA segment is poised to capture over 18.8% revenue share by 2037. Small and medium-sized enterprises are prime end users of ≤ 50 kVA gensets. These companies widely seek reliable, compact, cost-effective, and reliable power sources for their operations.  Running on tight budgets, these enterprises invest in ≤ 50 kVA commercial gensets to meet their specific requirements.

The rise in the number of small-scale businesses and the increasing emergence of start-ups are augmenting the sales of ≤ 50 kVA generator sets. Furthermore, commercial properties such as small buildings, offices, shops, restaurants, and medical clinics highly invest in ≤ 50 kVA gensets to stay connected in power outage situations. Thus, easy-to-install, maintain and operate ≤ 50 kVA gensets are gaining high tractions around the globe.

Our in-depth analysis of the global commercial gensets market includes the following segments:

 

Fuel

  • Diesel
  • Gas
  • Hybrid

Power Rating

  • ≤ 50 kVA
  • > 50 kVA - 125 kVA
  • > 125 kVA - 200 kVA
  • > 200 kVA - 330 kVA
  • > 330 kVA - 750 kVA
  • > 750 kVA

End use

  • Telecom
  • Healthcare
  • Data Centers
  • Educational Institutions
  • Government Centers
  • Hospitality
  • Retail Sales
  • Real Estate
  • Commercial Complex
  • Infrastructure
  • Others

Application

  • Standby
  • Peak Shaving
  • Prime/Continuous
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Author Credits:  Dhruv Bhatia


  • Report ID: 6817
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global commercial gensets market will be valued at USD 15.8 billion in 2025.

Expanding at a CAGR of 7.8%, the global market is expected to increase from USD 14.7 billion in 2024 to USD 38.9 billion by 2037.

Some leading companies are Ashok Leyland Limited, Atlas Copco Group, Doosan Corporation, Caterpillar, Inc., Cummins, Inc., and FG Wilson.

The diesel segment is estimated to capture a high 73.5% of the market share through 2037.

Asia Pacific is expected to hold 56% of the global market share through 2037.
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