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

The global electric generator market size accounted for USD 32.38 billion in 2024, grew to USD 34.52 billion in 2025 and is projected to surpass around USD 61.3 billion by 2034, representing a healthy CAGR of 6.59% between 2024 and 2034.

  • Last Updated : April 2023
  • Report Code : 2805
  • 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 Electric Generator Market 

5.1. COVID-19 Landscape: Electric 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 Electric Generator Market, By Type

8.1. Electric Generator Market Revenue and Volume, by Type, 2024-2034

8.1.1 Gas Generator

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Diesel Generator

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. CKD Generator

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Electric Generator Market, By Application

9.1. Electric Generator Market Revenue and Volume, by Application, 2024-2034

9.1.1. Stand By

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Peak Shaving

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Continuous

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Electric Generator Market, By End-User 

10.1. Electric Generator Market Revenue and Volume, by End-User, 2024-2034

10.1.1. Mining, Oil & Gas

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. Construction

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

10.1.3. Residential

10.1.3.1. Market Revenue and Volume Forecast (2021-2034)

10.1.4. Marine

10.1.4.1. Market Revenue and Volume Forecast (2021-2034)

10.1.5. Manufacturing

10.1.5.1. Market Revenue and Volume Forecast (2021-2034)

10.1.6. Pharmaceuticals

10.1.6.1. Market Revenue and Volume Forecast (2021-2034)

10.1.7. Commercial

10.1.7.1. Market Revenue and Volume Forecast (2021-2034)

10.1.8. Other

10.1.8.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 11. Global Electric Generator Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.1.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.1.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.1.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.1.4.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.1.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.1.5.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.2.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.2.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.4.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.2.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.5.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.2.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.6.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.2.7.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.7.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.3.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.4.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.3.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.5.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.3.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.6.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.3.7.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.7.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.4.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.4.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.4.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.5.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.4.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.6.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.4.7.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.7.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.5.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.5.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.5.4.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

11.5.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

11.5.5.3. Market Revenue and Volume Forecast, by End-User (2021-2034)

Chapter 12. Company Profiles

12.1. Aggreko

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Atlas CopCo.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Caterpillar Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. FG Wilson

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Kirloskar Electric Co. Ltd.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Cummins Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Rolls-Royce

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Wärtsilä

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Yanmar Co. Ltd.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Briggs & Stratton

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global electric generator market size will reach at USD 61.3 billion by 2034 from valued USD 32.38 billion in 2024.

The global electric generator market is representing a 6.59% CAGR between 2024 and 2034.

The major players operating in the electric generator market are Aggreko, Atlas Cop Co., Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., Briggs & Stratton and Others.

The driving factors of the electric generator market are the increasing demand for reliable power supply to brighten the market prospect, growing adoption of renewable energy sources, and increasing need for backup power solutions.

North America region will lead the global electric generator market during the forecast period 2024 to 2034.

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