United States Generator Market expected to grow at a CAGR of 5.5% during 2024-2031 | Major Compnies 2026 - Cummins, Honda, Caterpillar | DataM Intelligence

Leander, Texas and Tokyo, Japan - Jan.09.2026
As per DataM intelligence research report" The Generator Market is expected to grow at a CAGR of 5.5% during the forecast period 2024-2031." Power reliability needs and infrastructure expansion are sustaining generator demand.

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United States Recent Industry Developments:

✅ In November 2025, Generac launched a new "EcoGen" home standby generator compatible with solar The generator charges the home battery during prolonged outages, maximizing fuel efficiency It integrates fossil fuel backup with renewable systems for U.S. homes

✅ In October 2025, Caterpillar introduced a hydrogen-blend generator for data centers The unit runs on a mix of natural gas and hydrogen to reduce carbon emissions It supports the sustainability goals of U.S. tech giants

✅ In September 2025, Cummins released a new mobile generator compliant with Tier 4 Final standards The ultra-quiet unit is designed for film sets and urban events It meets the strict noise and emission rules of U.S. cities

✅ In August 2025, Kohler Energy spun off as an independent company to focus on resilience The strategic move accelerates investment in clean energy generators It positions the brand for the energy transition in the U.S.

Japan Recent Industry Developments:

✅ In December 2025, Honda launched a portable generator with a Bluetooth app The app allows users to monitor fuel level and stop the engine remotely It improves convenience and safety for Japanese campers and disaster preppers

✅ In November 2025, Denyo Co., Ltd. introduced a hydrogen fuel cell portable generator The silent, emission-free unit is designed for night construction works It supports Japan's noise regulation compliance and hydrogen strategy

✅ In October 2025, Yanmar developed a dual-fuel generator for disaster relief centers The unit runs on both town gas and propane (LPG) for redundancy It ensures power continuity during Japan's frequent natural disasters

✅ In September 2025, Mitsubishi Heavy Industries tested a gas turbine generator with 100% ammonia firing The technology eliminates carbon emissions from large-scale power generation It advances Japan's "Ammonia Fuel" roadmap for thermal power

Generator Market: Drivers
The generator market is expanding due to rising power demand and outages. Industrial and commercial sectors drive adoption. Technological advancements improve fuel efficiency. Infrastructure development supports growth. Expansion of data centers boosts demand. Emergency preparedness strengthens adoption.

Market growth is reinforced by hybrid and renewable-powered generators. Emerging markets invest in power infrastructure. Partnerships with energy providers accelerate deployment. Focus on reliability boosts demand. Portable generators gain popularity. Generators ensure power continuity.

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Generator Market: Major Players
Cummins, Honda, Caterpillar, Wärtsilä, Mitsubishi, Rolls-Royce, and many others.

Segment Covered in the Generator Market:
By Type
The market is segmented into diesel generators 60%, gas generators 30%, and dual-fuel generators 10%. Diesel generators dominate due to high reliability, lower fuel cost, and wide adoption in industrial, commercial, and residential backup power applications. Gas generators are growing with the shift toward cleaner fuel options and environmental regulations. Dual-fuel generators are gaining traction for flexibility and hybrid energy solutions.

By Voltage Capacity
Voltage capacity segments include 100-350 kVA 45%, 351-1000 kVA 35%, and 100 kVA 20%. The 100-350 kVA segment dominates due to its suitability for commercial and small industrial applications. Higher-capacity generators (>351 kVA) are expanding in industrial and large commercial installations, while smaller units (

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