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Emergency power generator means a stationary combustion device, such as a reciprocating internal combustion engine or turbine that serves solely as a secondary source of mechanical or electrical power whenever the primary energy supply is disrupted or discontinued during power outages or natural disasters that are beyond the control of the owner or operator of a facility. An emergency generator operates only during emergency situations, for training of personnel under simulated emergency conditions, as part of emergency demand response procedures, or for standard performance testing procedures as required by law or by the generator manufacturer. A generator that serves as a back-up power source under conditions of load shedding, peak shaving, power interruptions pursuant to an interruptible power service agreement, or scheduled facility maintenance shall not be considered an emergency generator.
An emergency power system is an independent source of electrical power that supports important electrical systems on loss of normal power supply. This report mainly studies emergency power generators market, by type (diesel generator, gas generator, and other), by application (residential, commercial, and industrial).
Market Analysis and Insights: Global Emergency Power Generators Market
Due to the COVID-19 pandemic, the global Emergency Power Generators market size is estimated to be worth US$ 3888 million in 2022 and is forecast to a readjusted size of US$ 5870.9 million by 2028 with a CAGR of 7.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Diesel Generator accounting for % of the Emergency Power Generators global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.
Global key players of emergency power generators include Cummins, Generac Holdings, Caterpillar, Kohler, Multiquip., etc. Global top three manufacturers hold a share over 32%. North America is the largest producer of emergency power generators, holds a share over 28%, followed by Europe and China. In terms of product, diesel generator is the largest segment, with a share over 61%. And in terms of application, the largest application is residential, with a share over 44%, followed by commercial.
Global Emergency Power Generators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Emergency Power Generators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Diesel Generator
Gas Generator
Others
Segment by Application
Residential
Commercial
Industrial
By Company
Cummins
Generac Holdings
Caterpillar
Kohler
Multiquip.
Honda Motor
Atlas Copco
Eaton
Mitsubishi Heavy Industries
Yanmar
Briggs & Stratton
Wacker Neuson
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
An emergency power system is an independent source of electrical power that supports important electrical systems on loss of normal power supply. This report mainly studies emergency power generators market, by type (diesel generator, gas generator, and other), by application (residential, commercial, and industrial).
Market Analysis and Insights: Global Emergency Power Generators Market
Due to the COVID-19 pandemic, the global Emergency Power Generators market size is estimated to be worth US$ 3888 million in 2022 and is forecast to a readjusted size of US$ 5870.9 million by 2028 with a CAGR of 7.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Diesel Generator accounting for % of the Emergency Power Generators global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.
Global key players of emergency power generators include Cummins, Generac Holdings, Caterpillar, Kohler, Multiquip., etc. Global top three manufacturers hold a share over 32%. North America is the largest producer of emergency power generators, holds a share over 28%, followed by Europe and China. In terms of product, diesel generator is the largest segment, with a share over 61%. And in terms of application, the largest application is residential, with a share over 44%, followed by commercial.
Global Emergency Power Generators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Emergency Power Generators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Diesel Generator
Gas Generator
Others
Segment by Application
Residential
Commercial
Industrial
By Company
Cummins
Generac Holdings
Caterpillar
Kohler
Multiquip.
Honda Motor
Atlas Copco
Eaton
Mitsubishi Heavy Industries
Yanmar
Briggs & Stratton
Wacker Neuson
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
