

The global Power Generators market size is predicted to grow from US$ 12530 million in 2025 to US$ 15940 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.
A power generator is a device that converts mechanical energy into electrical energy to provide power for various applications. Generators are widely used as backup power sources or in locations without access to a centralized power grid. They are essential for ensuring continuous operation during power outages or in remote areas.
In Latin America market, key players of Power Generators include BASF, DSM, Showa Denko Materials, DOW, etc. Top five players hold a share approximately 35%. In terms of product, the Portable Generator holds a share of over 50%. And in terms of application, the largest application is Industrial ones, with a share of over 40%.
Increasing Demand for Uninterrupted and Reliable Power Supply: As global economies expand and industrial activities intensify, the need for consistent and dependable electricity becomes paramount. This demand is particularly critical in sectors where power disruptions can lead to significant operational and financial losses.
Rapid Industrialization Worldwide: Emerging economies are experiencing swift industrial growth, necessitating substantial investments in power generation infrastructure to support manufacturing and other industrial operations.
Rising Power Outages: The increasing frequency of power outages, often due to natural disasters or aging infrastructure, has heightened the need for backup power solutions. This trend drives the demand for generators capable of providing emergency power during grid failures.
Technological Advancements in Generator Design: Continuous innovations have led to the development of more efficient, quieter, and environmentally friendly generators. These advancements make generators more appealing to a broader range of consumers and industries.
Expansion of Data Centers and IT Infrastructure: The proliferation of data centers, driven by the increasing reliance on digital services and cloud computing, requires reliable power solutions. Generators play a crucial role in ensuring uninterrupted power supply to these critical facilities.
Growth in Construction and Mining Activities: Sectors such as construction and mining often operate in remote locations without access to the main power grid. Generators provide the necessary power to sustain operations in these off-grid areas.
Stringent Environmental Regulations: Regulatory frameworks aimed at reducing carbon emissions are influencing the development and adoption of cleaner and more efficient generator technologies, such as those utilizing natural gas or incorporating renewable energy sources.
The “Power Generators Industry Forecast” looks at past sales and reviews total world Power Generators sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Generators sales for 2025 through 2031. With Power Generators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Generators industry.
This Insight Report provides a comprehensive analysis of the global Power Generators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Generators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Generators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Generators and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Generators.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Generators market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Portable Generator
Standby Generator
Segmentation by Application:
Residential
Commercial
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Generac
Cummins
Caterpillar
MTU
Atlas Copco
Honda Power Equipment
Multiquip
Kohler
Wacker Neuson
Briggs & Stratton
Yamaha
Eaton
Grupel
Hipower Systems
Key Questions Addressed in this Report
What is the 10-year outlook for the global Power Generators market?
What factors are driving Power Generators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Power Generators market opportunities vary by end market size?
How does Power Generators break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Power Generators Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Power Generators by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Power Generators by Country/Region, 2020, 2024 & 2031
2.2 Power Generators Segment by Type
2.2.1 Portable Generator
2.2.2 Standby Generator
2.3 Power Generators Sales by Type
2.3.1 Global Power Generators Sales Market Share by Type (2020-2025)
2.3.2 Global Power Generators Revenue and Market Share by Type (2020-2025)
2.3.3 Global Power Generators Sale Price by Type (2020-2025)
2.4 Power Generators Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Industrial
2.5 Power Generators Sales by Application
2.5.1 Global Power Generators Sale Market Share by Application (2020-2025)
2.5.2 Global Power Generators Revenue and Market Share by Application (2020-2025)
2.5.3 Global Power Generators Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Power Generators Breakdown Data by Company
3.1.1 Global Power Generators Annual Sales by Company (2020-2025)
3.1.2 Global Power Generators Sales Market Share by Company (2020-2025)
3.2 Global Power Generators Annual Revenue by Company (2020-2025)
3.2.1 Global Power Generators Revenue by Company (2020-2025)
3.2.2 Global Power Generators Revenue Market Share by Company (2020-2025)
3.3 Global Power Generators Sale Price by Company
3.4 Key Manufacturers Power Generators Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Power Generators Product Location Distribution
3.4.2 Players Power Generators Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Power Generators by Geographic Region
4.1 World Historic Power Generators Market Size by Geographic Region (2020-2025)
4.1.1 Global Power Generators Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Power Generators Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Power Generators Market Size by Country/Region (2020-2025)
4.2.1 Global Power Generators Annual Sales by Country/Region (2020-2025)
4.2.2 Global Power Generators Annual Revenue by Country/Region (2020-2025)
4.3 Americas Power Generators Sales Growth
4.4 APAC Power Generators Sales Growth
4.5 Europe Power Generators Sales Growth
4.6 Middle East & Africa Power Generators Sales Growth
5 Americas
5.1 Americas Power Generators Sales by Country
5.1.1 Americas Power Generators Sales by Country (2020-2025)
5.1.2 Americas Power Generators Revenue by Country (2020-2025)
5.2 Americas Power Generators Sales by Type (2020-2025)
5.3 Americas Power Generators Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Power Generators Sales by Region
6.1.1 APAC Power Generators Sales by Region (2020-2025)
6.1.2 APAC Power Generators Revenue by Region (2020-2025)
6.2 APAC Power Generators Sales by Type (2020-2025)
6.3 APAC Power Generators Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Power Generators by Country
7.1.1 Europe Power Generators Sales by Country (2020-2025)
7.1.2 Europe Power Generators Revenue by Country (2020-2025)
7.2 Europe Power Generators Sales by Type (2020-2025)
7.3 Europe Power Generators Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Power Generators by Country
8.1.1 Middle East & Africa Power Generators Sales by Country (2020-2025)
8.1.2 Middle East & Africa Power Generators Revenue by Country (2020-2025)
8.2 Middle East & Africa Power Generators Sales by Type (2020-2025)
8.3 Middle East & Africa Power Generators Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Power Generators
10.3 Manufacturing Process Analysis of Power Generators
10.4 Industry Chain Structure of Power Generators
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Power Generators Distributors
11.3 Power Generators Customer
12 World Forecast Review for Power Generators by Geographic Region
12.1 Global Power Generators Market Size Forecast by Region
12.1.1 Global Power Generators Forecast by Region (2026-2031)
12.1.2 Global Power Generators Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Power Generators Forecast by Type (2026-2031)
12.7 Global Power Generators Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Generac
13.1.1 Generac Company Information
13.1.2 Generac Power Generators Product Portfolios and Specifications
13.1.3 Generac Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Generac Main Business Overview
13.1.5 Generac Latest Developments
13.2 Cummins
13.2.1 Cummins Company Information
13.2.2 Cummins Power Generators Product Portfolios and Specifications
13.2.3 Cummins Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Cummins Main Business Overview
13.2.5 Cummins Latest Developments
13.3 Caterpillar
13.3.1 Caterpillar Company Information
13.3.2 Caterpillar Power Generators Product Portfolios and Specifications
13.3.3 Caterpillar Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Caterpillar Main Business Overview
13.3.5 Caterpillar Latest Developments
13.4 MTU
13.4.1 MTU Company Information
13.4.2 MTU Power Generators Product Portfolios and Specifications
13.4.3 MTU Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 MTU Main Business Overview
13.4.5 MTU Latest Developments
13.5 Atlas Copco
13.5.1 Atlas Copco Company Information
13.5.2 Atlas Copco Power Generators Product Portfolios and Specifications
13.5.3 Atlas Copco Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Atlas Copco Main Business Overview
13.5.5 Atlas Copco Latest Developments
13.6 Honda Power Equipment
13.6.1 Honda Power Equipment Company Information
13.6.2 Honda Power Equipment Power Generators Product Portfolios and Specifications
13.6.3 Honda Power Equipment Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Honda Power Equipment Main Business Overview
13.6.5 Honda Power Equipment Latest Developments
13.7 Multiquip
13.7.1 Multiquip Company Information
13.7.2 Multiquip Power Generators Product Portfolios and Specifications
13.7.3 Multiquip Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Multiquip Main Business Overview
13.7.5 Multiquip Latest Developments
13.8 Kohler
13.8.1 Kohler Company Information
13.8.2 Kohler Power Generators Product Portfolios and Specifications
13.8.3 Kohler Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Kohler Main Business Overview
13.8.5 Kohler Latest Developments
13.9 Wacker Neuson
13.9.1 Wacker Neuson Company Information
13.9.2 Wacker Neuson Power Generators Product Portfolios and Specifications
13.9.3 Wacker Neuson Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Wacker Neuson Main Business Overview
13.9.5 Wacker Neuson Latest Developments
13.10 Briggs & Stratton
13.10.1 Briggs & Stratton Company Information
13.10.2 Briggs & Stratton Power Generators Product Portfolios and Specifications
13.10.3 Briggs & Stratton Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Briggs & Stratton Main Business Overview
13.10.5 Briggs & Stratton Latest Developments
13.11 Yamaha
13.11.1 Yamaha Company Information
13.11.2 Yamaha Power Generators Product Portfolios and Specifications
13.11.3 Yamaha Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Yamaha Main Business Overview
13.11.5 Yamaha Latest Developments
13.12 Eaton
13.12.1 Eaton Company Information
13.12.2 Eaton Power Generators Product Portfolios and Specifications
13.12.3 Eaton Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Eaton Main Business Overview
13.12.5 Eaton Latest Developments
13.13 Grupel
13.13.1 Grupel Company Information
13.13.2 Grupel Power Generators Product Portfolios and Specifications
13.13.3 Grupel Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Grupel Main Business Overview
13.13.5 Grupel Latest Developments
13.14 Hipower Systems
13.14.1 Hipower Systems Company Information
13.14.2 Hipower Systems Power Generators Product Portfolios and Specifications
13.14.3 Hipower Systems Power Generators Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Hipower Systems Main Business Overview
13.14.5 Hipower Systems Latest Developments
14 Research Findings and Conclusion
*If Applicable.