Industrial Generator Market Size, Share, and Trends 2024 to 2034

The global industrial generator market size is calculated at USD 22.53 billion in 2025 and is forecasted to reach around USD 38.22 billion by 2034, accelerating at a CAGR of 6.10% from 2025 to 2034. The Asia Pacific industrial generator market size surpassed USD 13.74 billion in 2025 and is expanding at a CAGR of 6.19% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2435
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Industrial Generator Market 

5.1. COVID-19 Landscape: Industrial Generator Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Industrial Generator Market, By Power Rating

8.1. Industrial Generator Market, by Power Rating,

8.1.1. ≤ 75 kVA

8.1.1.1. Market Revenue and Forecast

8.1.2. > 75 kVA - 375 kVA

8.1.2.1. Market Revenue and Forecast

8.1.3. > 375 KVA - 750 kVA

8.1.3.1. Market Revenue and Forecast

8.1.4. > 750 kVA

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Industrial Generator Market, By End-Use

9.1. Industrial Generator Market, by End-Use,

9.1.1. Oil & Gas

9.1.1.1. Market Revenue and Forecast

9.1.2. Manufacturing

9.1.2.1. Market Revenue and Forecast

9.1.3. Construction

9.1.3.1. Market Revenue and Forecast

9.1.4. Electric Utilities

9.1.4.1. Market Revenue and Forecast

9.1.5. Mining

9.1.5.1. Market Revenue and Forecast

9.1.6. Diesel

9.1.6.1. Market Revenue and Forecast

9.1.7. Transport & Logistics

9.1.7.1. Market Revenue and Forecast

9.1.8. Others

9.1.8.1. Market Revenue and Forecast

Chapter 10. Global Industrial Generator Market, By Application 

10.1. Industrial Generator Market, by Application,

10.1.1. Standby

10.1.1.1. Market Revenue and Forecast

10.1.2. Peak Shaving

10.1.2.1. Market Revenue and Forecast

10.1.3. Prime/Continuous

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Industrial Generator Market, By Fuel 

11.1. Industrial Generator Market, by Fuel,

11.1.1. Diesel

11.1.1.1. Market Revenue and Forecast

11.1.2. Gas

11.1.2.1. Market Revenue and Forecast

11.1.3. Others

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Industrial Generator Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Power Rating

12.1.2. Market Revenue and Forecast, by End-Use

12.1.3. Market Revenue and Forecast, by Application

12.1.4. Market Revenue and Forecast, by Fuel

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Power Rating

12.1.5.2. Market Revenue and Forecast, by End-Use

12.1.5.3. Market Revenue and Forecast, by Application

12.1.5.4. Market Revenue and Forecast, by Fuel

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Power Rating

12.1.6.2. Market Revenue and Forecast, by End-Use

12.1.6.3. Market Revenue and Forecast, by Application

12.1.6.4. Market Revenue and Forecast, by Fuel

12.2. Europe

12.2.1. Market Revenue and Forecast, by Power Rating

12.2.2. Market Revenue and Forecast, by End-Use

12.2.3. Market Revenue and Forecast, by Application

12.2.4. Market Revenue and Forecast, by Fuel

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Power Rating

12.2.5.2. Market Revenue and Forecast, by End-Use

12.2.5.3. Market Revenue and Forecast, by Application

12.2.5.4. Market Revenue and Forecast, by Fuel

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Power Rating

12.2.6.2. Market Revenue and Forecast, by End-Use

12.2.6.3. Market Revenue and Forecast, by Application

12.2.6.4. Market Revenue and Forecast, by Fuel

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Power Rating

12.2.7.2. Market Revenue and Forecast, by End-Use

12.2.7.3. Market Revenue and Forecast, by Application

12.2.7.4. Market Revenue and Forecast, by Fuel

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Power Rating

12.2.8.2. Market Revenue and Forecast, by End-Use

12.2.8.3. Market Revenue and Forecast, by Application

12.2.8.4. Market Revenue and Forecast, by Fuel

12.3. APAC

12.3.1. Market Revenue and Forecast, by Power Rating

12.3.2. Market Revenue and Forecast, by End-Use

12.3.3. Market Revenue and Forecast, by Application

12.3.4. Market Revenue and Forecast, by Fuel

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Power Rating

12.3.5.2. Market Revenue and Forecast, by End-Use

12.3.5.3. Market Revenue and Forecast, by Application

12.3.5.4. Market Revenue and Forecast, by Fuel

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Power Rating

12.3.6.2. Market Revenue and Forecast, by End-Use

12.3.6.3. Market Revenue and Forecast, by Application

12.3.6.4. Market Revenue and Forecast, by Fuel

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Power Rating

12.3.7.2. Market Revenue and Forecast, by End-Use

12.3.7.3. Market Revenue and Forecast, by Application

12.3.7.4. Market Revenue and Forecast, by Fuel

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Power Rating

12.3.8.2. Market Revenue and Forecast, by End-Use

12.3.8.3. Market Revenue and Forecast, by Application

12.3.8.4. Market Revenue and Forecast, by Fuel

12.4. MEA

12.4.1. Market Revenue and Forecast, by Power Rating

12.4.2. Market Revenue and Forecast, by End-Use

12.4.3. Market Revenue and Forecast, by Application

12.4.4. Market Revenue and Forecast, by Fuel

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Power Rating

12.4.5.2. Market Revenue and Forecast, by End-Use

12.4.5.3. Market Revenue and Forecast, by Application

12.4.5.4. Market Revenue and Forecast, by Fuel

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Power Rating

12.4.6.2. Market Revenue and Forecast, by End-Use

12.4.6.3. Market Revenue and Forecast, by Application

12.4.6.4. Market Revenue and Forecast, by Fuel

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Power Rating

12.4.7.2. Market Revenue and Forecast, by End-Use

12.4.7.3. Market Revenue and Forecast, by Application

12.4.7.4. Market Revenue and Forecast, by Fuel

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Power Rating

12.4.8.2. Market Revenue and Forecast, by End-Use

12.4.8.3. Market Revenue and Forecast, by Application

12.4.8.4. Market Revenue and Forecast, by Fuel

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Power Rating

12.5.2. Market Revenue and Forecast, by End-Use

12.5.3. Market Revenue and Forecast, by Application

12.5.4. Market Revenue and Forecast, by Fuel

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Power Rating

12.5.5.2. Market Revenue and Forecast, by End-Use

12.5.5.3. Market Revenue and Forecast, by Application

12.5.5.4. Market Revenue and Forecast, by Fuel

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Power Rating

12.5.6.2. Market Revenue and Forecast, by End-Use

12.5.6.3. Market Revenue and Forecast, by Application

12.5.6.4. Market Revenue and Forecast, by Fuel

Chapter 13. Company Profiles

13.1. ABB (Germany)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. AGCO Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Aggreko PLC.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. AKSA power generation company

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Ashok Leyland (India)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Atlas Copco (Sweden)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Briggs & Stratton (US)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Caterpillar (US)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Cooper Corp (India)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Cummins (US)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global industrial generator market size was accounted at USD 21.15 billion in 2024 and it is expected to reach around USD 38.22 billion by 2034.

The global industrial generator market is poised to grow at a CAGR of 6.10% from 2025 to 2034.

The major players operating in the industrial generator market are ABB, AGCO Corporation, Aggreko PLC., AKSA power generation company, Ashok Leyland, Atlas Copco, Briggs & Stratton, Caterpillar, Cooper Corp, Cummins, Deere & Company, Denyo Co. Ltd, Doosan Portable Power, FG Wilson Inc, Generac Power Systems Inc., Genset India, Greaves Cotton Limited, Himoinsa, Honda India Power Products Ltd., Jackson, JCB, JS Power, Jubaili Bros, Kirloskar Electric Company, Kohler Co., Kubota Corporation, and others.

The driving factors of the industrial generator market are the demand for generators and energy production systems is being fuelled by the rapidly increasing manufacturing sector, the administration has adopted positive steps in digitizing the manufacturing sector and the increasing demand for uninterruptible power across all industries.

Asia Pacific region will lead the global industrial generator market during the forecast period 2025 to 2034.

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