Press release
Gas Generator Sets Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Gas Generator Sets
What Is the Current Gas Generator Sets Market Size and Its Estimated Growth Rate?
In recent times, the market size of gas generator sets has seen consistent growth. It is projected to increase from $8.94 billion in 2024 to $9.36 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.7%. The growth during the historic period is a result of a more significant demand for dependable backup power solutions, increased focus on energy security and grid resilience, broadening of industrial and commercial infrastructure, increase in natural gas production and availability, and the requirement for uninterrupted power supply in critical applications.
The market size of gas generator sets is forecasted to witness robust growth in the coming years, reaching $11.41 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 5.1%. The predicted surge in the said period can be accredited to several factors, such as the assimilation of gas generator sets into hybrid and microgrid systems, increased demands for combined heat and power (chp) systems for efficient energy use, the usage of sustainable low-emission and renewable natural gas sources, tailored generator sets for unique industrial applications, and emphasis on distributed energy resources and decentralized power generation. Prominent trends that are expected in the forecast period comprise hybrid and multi-energy systems, sophisticated and remote monitoring capabilities, high-efficiency combined heat and power (chp) applications, low-emission and emission-neutral technologies, and state-of-the-art control and synchronization systems.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6759
How Are Emerging Segments Shaping the Gas Generator Sets Market Landscape?
The gas generator sets market covered in this report is segmented -
1) By Fuel Type: Natural Gas, Biogas, Other Fuel Types
2) By Power Rating: Less Than 50 kVA, 51 kVA - 125 kVA, 126 kVA - 200 kVA, 201 kVA - 330 kVA, 331 kVA - 750 kVA, Above 750 kVA
3) By Application: Standby, Peak Shaving, Prime Or Continuous
4) By End-User: Residential, Industrial, Commercial, Power and Energy, Other End-Users
Subsegments:
1) By Natural Gas: Spark Ignition Gas Generators, Dual-Fuel Generators
2) By Biogas: Anaerobic Digestion Systems, Landfill Gas Generators
3) By Other Fuel Types: Propane, Synthetic Gas, Hydrogen
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6759&type=smp
Which Growth Factors Are Influencing Gas Generator Sets Market Expansion?
Global growth in energy usage is anticipated to fuel the expansion of the gas generator sets market. The swift escalation in socio-economic aspects such as population, urbanization, net income and industrial operations in both developed and underdeveloped economies is causing a rapid increase in worldwide electricity consumption. This growing demand for electricity is predicted to amplify the need for gas generator sets, as industrial, commercial, and residential entities are investing in mobile power solutions like gas generators to combat frequent power disruptions. For example, the International Energy Agency (IEA) Electricity Market Report from July 2021 estimates a growth in global electricity demand by 5% during 2020-21, and 4% during 2021-22. Just China and India are projected to constitute 9% of global growth. Hence, the global upsurge in energy consumption is propelling the gas generator sets market forward.
Who Are the Dominant Players Across Different Gas Generator Sets Market Segments?
Major companies operating in the gas generator sets market include Cummins Inc., Briggs & Stratton Corporation, Kohler Co., Generac Power Systems Inc., Caterpillar Inc., General Electric Company, Siemens AG, Rolls-Royce Power Systems AG, Wärtsilä Corporation, Doosan Infracore Co. Ltd., Mitsubishi Heavy Industries Ltd., Yanmar Co. Ltd., Himoinsa S.L., Perkins Engines Company Limited, Deutz AG, MAN Energy Solutions SE, INNIO Group, Baudouin, JCB Power Products Ltd., Liebherr Group, Atlas Copco AB, Volvo Penta, John Deere Power Systems, Scania AB, WhisperPower B.V., Mase Generators, FG Wilson (Engineering) Ltd., SDMO Industries SAS, Hitzinger GmbH
What Are the Latest Developing Trends in the Gas Generator Sets Market?
Product innovation is emerging as a significant trend in the gas generator sets market with numerous businesses in this sector opting for the development of innovative products fortified with advanced technologies to solidify their market standing. For example, in August 2022, Kirloskar Oil Engines Limited, an organization from India that provides sustainable and customer-driven solutions in the gas generator sets market, unveiled a collection of gas-powered generators. These IoT-capable gas generators perform effectively even in highly chill conditions on PNG, and they also come with a digital monitoring system. This enables consumers to track key parameters and the real-time performance of the generator from any location. Additionally, these generators exhibit reduced noise and emission levels compared to traditional generator sets.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/gas-generator-sets-global-market-report
Which Geographic Regions Are Expected to Dominate the Gas Generator Sets Market in the Coming Years?
North America was the largest region in the gas generator sets market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gas generator sets market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Gas Generator Sets Market?
2. What is the CAGR expected in the Gas Generator Sets Market?
3. What Are the Key Innovations Transforming the Gas Generator Sets Industry?
4. Which Region Is Leading the Gas Generator Sets Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gas Generator Sets Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis here
News-ID: 3958447 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Gas
City Gas Distribution Market 2022 key developmental strategies implemented by th …
The City Gas Distribution report is an in-depth examination of the global City Gas Distribution's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global City Gas Distribution industry, as well as market segmentation, competition, and the macroeconomic climate. A complete City Gas Distribution analysis takes into account a number of aspects, including a country's population and business cycles, as…
Know about City Gas Distribution Market Growth with Top Companies details like: …
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distribution…
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments.
Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059
City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This report…
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondary…
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary
WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an…
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
A network that deliver the gas in the city.
Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments.
The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwide…
