U.S. Generator Sales MarketU.S. Generator Sales Market Analysis 2024 and Forecasts 2032: Unveiling Growth Opportunities
U.S. Generator Sales Market by Power Rating (Below 75 kVA, 75-375 kVA, 375-750 kVA, Above 750 kVA), by Fuel Type (Diesel, Gas, Others), by Application (Continuous Load, Peak Load, Standby Load), by End-User (Mining, Oil & Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Telecom, Others), by Forecast 2024-2032
Base Year: 2023
120 Pages
U.S. Generator Sales Market Analysis 2024 and Forecasts 2032: Unveiling Growth Opportunities
Key Insights
The U.S. Generator Sales Market size was valued at USD 5.71 USD Billion in 2023 and is projected to reach USD 8.42 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. The U. S. body of the generator market involves the purchase and sale of generators for the generation of electricity in different locations around the United States. Generators act as supplementary power sources that will deliver energy during power outages or where the grid connection is absent or less reliable. Together with traditional vehicles, they occupy a major part of all four major sectors: residential, commercial, industrial, and emergency response. The range of uses spans everything from the use of backup power to critical facilities like hospitals, data centers, etc., and the provision of reliable operations networks like cellular towers and the internet. Thus, the factors having a major impact on this market include growing cases of inclement weather leading to power disruption and the rising demand for dependable backup power support with a great leading to the development of advanced technologies used in generators for power efficiency and environment sustainability. In the wake of heightened resilience and security energy, the USA market for generators remains buoyant, and new developments are being injected into the industry.
U.S. Generator Sales Trends
- Increasing demand for reliable power sources during natural disasters and power outages
- Growth in the industrial and construction sectors
- Adoption of advanced technologies such as smart generators and portable power stations
Driving Forces: What's Propelling the U.S. Generator Sales Market
- Increased Frequency of Extreme Weather Events: Natural disasters, such as hurricanes, earthquakes, and floods, have led to a surge in demand for backup power systems.
- Rising Power Outages: Aging infrastructure and increasing demand for electricity have resulted in more frequent and prolonged power outages, further bolstering the demand for generators.
- Growing Residential Use: Homeowners are investing in generators not only for emergency preparedness but also for recreational purposes such as outdoor events and camping.
- Expanding Commercial and Industrial Applications: Businesses and industries are increasingly relying on generators to maintain operations during power outages, as downtime can lead to significant financial losses.
- Government Initiatives and Regulations: Some states and municipalities have implemented regulations requiring businesses and critical infrastructure to have backup power systems, driving market growth.
Challenges and Restraints in U.S. Generator Sales Market
- High Initial Investment: The purchase and installation of a generator can be a significant expense.
- Space Constraints: Commercial and residential properties may have limited space for generator installation.
- Environmental Concerns: Diesel generators can emit air pollutants, which can pose environmental challenges.
Emerging Trends in U.S. Generator Sales
- Smart Generators: Generators equipped with advanced features such as remote monitoring and automatic load management.
- Portable Power Stations: Compact and portable generators that provide power for off-grid activities.
- Battery-Powered Generators: Zero-emission generators that use batteries to store and discharge electricity.
Growth Catalysts in U.S. Generator Sales Industry
- Government Incentives: Tax credits and rebates are available to encourage the adoption of generators.
- Technological Advancements: Continuous innovation in generator technology is improving efficiency and reducing emissions.
- Expanding Commercial and Residential Applications: Generators are increasingly used in commercial and residential settings for backup power and off-grid energy solutions.
Market Segmentation: U.S. Generator Sales Analysis
By Power Rating:
- Below 75 kVA
- 75-375 kVA
- 375-750 kVA
- Above 750 kVA
By Fuel Type:
- Diesel
- Gas
- Others
By Application:
- Continuous Load
- Peak Load
- Standby Load
By End-User:
- Mining
- Oil & Gas
- Construction
- Residential
- Marine
- Manufacturing
- Pharmaceuticals
- Commercial
- Telecom
- Others
Leading Players in the U.S. Generator Sales Market
- Generac Power Systems (U.S.)
- American Honda Motor Corp. (U.S.)
- Caterpillar Inc. (U.S.)
- Cummins Inc. (U.S.)
- Ingersoll Rand (U.S.)
- John Deere (U.S.)
- Briggs and Stratton (U.S.)
- HiPower Systems (U.S.)
- Kohler – SDMO (France)
- Wacker Neuson (Germany)
Significant developments in U.S. Generator Sales Sector
- 2021: Generac Power Systems introduces the PWRcell, a hybrid energy storage system that combines a generator with a battery.
- 2022: Kohler Power Systems acquires SDMO Industries, a leading French generator manufacturer.
- 2023: Cummins Inc. launches the QSK95, a high-power diesel generator designed for critical power applications.
Comprehensive Coverage U.S. Generator Sales Market Report
The report provides an in-depth analysis of the U.S. generator sales market, including:
- Market segmentation and forecasts
- Competitive landscape and market share analysis
- Emerging trends and growth drivers
- Challenges and restraints
- Key developments and industry news
- PESTLE and Porter's Five Forces analysis
- Regional insights and market potential
- Import and export analysis
- Production and consumption trends
- Regulatory environment
Regional Insight
The report provides a regional analysis of the U.S. generator sales market, covering the following regions:
- Northeast
- South
- Midwest
- West
Technology Analysis
The report analyzes emerging technologies in the U.S. generator sales market, such as:
- Smart generators
- Portable power stations
- Battery-powered generators
PESTLE Analysis
The PESTLE analysis examines the political, economic, social, technological, legal, and environmental factors influencing the U.S. generator sales market.
Portor's Five Force Analysis
The Porter's Five Force analysis evaluates the competitive intensity and profitability of the U.S. generator sales market.
BCG Matrix
The BCG matrix classifies major players in the U.S. generator sales market based on market share and growth potential.
Import & Export Analysis
The report provides an analysis of the import and export trends of generators in the U.S.
Production & Consumption
The report provides data on the production and consumption of generators in the U.S.
Regulatory Landscape
The report reviews the regulatory landscape governing the U.S. generator sales market, including emissions regulations and safety codes.
U.S. Generator Sales Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 5.7% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Focus on Safety and Organization to Fuel Market Growth
- 3.3. Market Restrains
- 3.3.1. Rising Adoption of Clean Energy Technologies and Rigorous Emission Norms is a Major Restraining Factor
- 3.4. Market Trends
- 3.4.1. Growth of IT Infrastructure to Bolster the Demand for Modern Cable Tray Management Solutions
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Generator Sales Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Power Rating
- 5.1.1. Below 75 kVA
- 5.1.2. 75-375 kVA
- 5.1.3. 375-750 kVA
- 5.1.4. Above 750 kVA
- 5.2. Market Analysis, Insights and Forecast - by Fuel Type
- 5.2.1. Diesel
- 5.2.2. Gas
- 5.2.3. Others
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Continuous Load
- 5.3.2. Peak Load
- 5.3.3. Standby Load
- 5.4. Market Analysis, Insights and Forecast - by End-User
- 5.4.1. Mining
- 5.4.2. Oil & Gas
- 5.4.3. Construction
- 5.4.4. Residential
- 5.4.5. Marine
- 5.4.6. Manufacturing
- 5.4.7. Pharmaceuticals
- 5.4.8. Commercial
- 5.4.9. Telecom
- 5.4.10. Others
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1.
- 5.1. Market Analysis, Insights and Forecast - by Power Rating
- 6. Northeast U.S. Generator Sales Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Power Rating
- 6.1.1 Below 75 kVA
- 6.1.2 75-375 kVA
- 6.1.3 375-750 kVA
- 6.1.4 Above 750 kVA
- 6.2. Market Analysis, Insights and Forecast - By Fuel Type
- 6.2.1 Diesel
- 6.2.2 Gas
- 6.2.3 Others
- 6.3. Market Analysis, Insights and Forecast - By Application
- 6.3.1 Continuous Load
- 6.3.2 Peak Load
- 6.3.3 Standby Load
- 6.4. Market Analysis, Insights and Forecast - By End-User
- 6.4.1 Mining
- 6.4.2 Oil & Gas
- 6.4.3 Construction
- 6.4.4 Residential
- 6.4.5 Marine
- 6.4.6 Manufacturing
- 6.4.7 Pharmaceuticals
- 6.4.8 Commercial
- 6.4.9 Telecom
- 6.4.10 Others
- 7. Southeast U.S. Generator Sales Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Power Rating
- 7.1.1 Below 75 kVA
- 7.1.2 75-375 kVA
- 7.1.3 375-750 kVA
- 7.1.4 Above 750 kVA
- 7.2. Market Analysis, Insights and Forecast - By Fuel Type
- 7.2.1 Diesel
- 7.2.2 Gas
- 7.2.3 Others
- 7.3. Market Analysis, Insights and Forecast - By Application
- 7.3.1 Continuous Load
- 7.3.2 Peak Load
- 7.3.3 Standby Load
- 7.4. Market Analysis, Insights and Forecast - By End-User
- 7.4.1 Mining
- 7.4.2 Oil & Gas
- 7.4.3 Construction
- 7.4.4 Residential
- 7.4.5 Marine
- 7.4.6 Manufacturing
- 7.4.7 Pharmaceuticals
- 7.4.8 Commercial
- 7.4.9 Telecom
- 7.4.10 Others
- 8. Midwest U.S. Generator Sales Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Power Rating
- 8.1.1 Below 75 kVA
- 8.1.2 75-375 kVA
- 8.1.3 375-750 kVA
- 8.1.4 Above 750 kVA
- 8.2. Market Analysis, Insights and Forecast - By Fuel Type
- 8.2.1 Diesel
- 8.2.2 Gas
- 8.2.3 Others
- 8.3. Market Analysis, Insights and Forecast - By Application
- 8.3.1 Continuous Load
- 8.3.2 Peak Load
- 8.3.3 Standby Load
- 8.4. Market Analysis, Insights and Forecast - By End-User
- 8.4.1 Mining
- 8.4.2 Oil & Gas
- 8.4.3 Construction
- 8.4.4 Residential
- 8.4.5 Marine
- 8.4.6 Manufacturing
- 8.4.7 Pharmaceuticals
- 8.4.8 Commercial
- 8.4.9 Telecom
- 8.4.10 Others
- 9. Southwest U.S. Generator Sales Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Power Rating
- 9.1.1 Below 75 kVA
- 9.1.2 75-375 kVA
- 9.1.3 375-750 kVA
- 9.1.4 Above 750 kVA
- 9.2. Market Analysis, Insights and Forecast - By Fuel Type
- 9.2.1 Diesel
- 9.2.2 Gas
- 9.2.3 Others
- 9.3. Market Analysis, Insights and Forecast - By Application
- 9.3.1 Continuous Load
- 9.3.2 Peak Load
- 9.3.3 Standby Load
- 9.4. Market Analysis, Insights and Forecast - By End-User
- 9.4.1 Mining
- 9.4.2 Oil & Gas
- 9.4.3 Construction
- 9.4.4 Residential
- 9.4.5 Marine
- 9.4.6 Manufacturing
- 9.4.7 Pharmaceuticals
- 9.4.8 Commercial
- 9.4.9 Telecom
- 9.4.10 Others
- 10. West U.S. Generator Sales Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Power Rating
- 10.1.1 Below 75 kVA
- 10.1.2 75-375 kVA
- 10.1.3 375-750 kVA
- 10.1.4 Above 750 kVA
- 10.2. Market Analysis, Insights and Forecast - By Fuel Type
- 10.2.1 Diesel
- 10.2.2 Gas
- 10.2.3 Others
- 10.3. Market Analysis, Insights and Forecast - By Application
- 10.3.1 Continuous Load
- 10.3.2 Peak Load
- 10.3.3 Standby Load
- 10.4. Market Analysis, Insights and Forecast - By End-User
- 10.4.1 Mining
- 10.4.2 Oil & Gas
- 10.4.3 Construction
- 10.4.4 Residential
- 10.4.5 Marine
- 10.4.6 Manufacturing
- 10.4.7 Pharmaceuticals
- 10.4.8 Commercial
- 10.4.9 Telecom
- 10.4.10 Others
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 Generac Power Systems (U.S.)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 American Honda Motor Corp. (U.S.)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Caterpillar Inc. (U.S.)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Cummins Inc. (U.S.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Ingersoll Rand (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 John Deere (U.S.)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Briggs and Stratton (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 HiPower Systems (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Kohler – SDMO (France)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Wacker Neuson (Germany)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Generac Power Systems (U.S.)
List of Figures
- Figure 1: U.S. Generator Sales Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: U.S. Generator Sales Market Value Share (%), by Power Rating 2023 & 2031
- Figure 3: U.S. Generator Sales Market Value Share (%), by Fuel Type 2023 & 2031
- Figure 4: U.S. Generator Sales Market Value Share (%), by Application 2023 & 2031
- Figure 5: U.S. Generator Sales Market Value Share (%), by End-User 2023 & 2031
- Figure 6: U.S. Generator Sales Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Generator Sales Market Revenue USD Billion Forecast, by Power Rating 2018 & 2031
- Table 2: U.S. Generator Sales Market Volume K Units Forecast, by Power Rating 2018 & 2031
- Table 3: U.S. Generator Sales Market Revenue USD Billion Forecast, by Fuel Type 2018 & 2031
- Table 4: U.S. Generator Sales Market Volume K Units Forecast, by Fuel Type 2018 & 2031
- Table 5: U.S. Generator Sales Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 6: U.S. Generator Sales Market Volume K Units Forecast, by Application 2018 & 2031
- Table 7: U.S. Generator Sales Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 8: U.S. Generator Sales Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 9: U.S. Generator Sales Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 10: U.S. Generator Sales Market Volume K Units Forecast, by Region 2018 & 2031
- Table 11: U.S. Generator Sales Market Revenue USD Billion Forecast, by Power Rating 2018 & 2031
- Table 12: U.S. Generator Sales Market Volume K Units Forecast, by Power Rating 2018 & 2031
- Table 13: U.S. Generator Sales Market Revenue USD Billion Forecast, by Fuel Type 2018 & 2031
- Table 14: U.S. Generator Sales Market Volume K Units Forecast, by Fuel Type 2018 & 2031
- Table 15: U.S. Generator Sales Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 16: U.S. Generator Sales Market Volume K Units Forecast, by Application 2018 & 2031
- Table 17: U.S. Generator Sales Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 18: U.S. Generator Sales Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 19: U.S. Generator Sales Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 20: U.S. Generator Sales Market Volume K Units Forecast, by Region 2018 & 2031
- Table 21: U.S. Generator Sales Market Revenue USD Billion Forecast, by Power Rating 2018 & 2031
- Table 22: U.S. Generator Sales Market Volume K Units Forecast, by Power Rating 2018 & 2031
- Table 23: U.S. Generator Sales Market Revenue USD Billion Forecast, by Fuel Type 2018 & 2031
- Table 24: U.S. Generator Sales Market Volume K Units Forecast, by Fuel Type 2018 & 2031
- Table 25: U.S. Generator Sales Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 26: U.S. Generator Sales Market Volume K Units Forecast, by Application 2018 & 2031
- Table 27: U.S. Generator Sales Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 28: U.S. Generator Sales Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 29: U.S. Generator Sales Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 30: U.S. Generator Sales Market Volume K Units Forecast, by Country 2018 & 2031
- Table 31: Northeast U.S. Generator Sales Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 32: Northeast U.S. Generator Sales Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 33: Southeast U.S. Generator Sales Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 34: Southeast U.S. Generator Sales Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 35: Midwest U.S. Generator Sales Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 36: Midwest U.S. Generator Sales Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 37: Southwest U.S. Generator Sales Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 38: Southwest U.S. Generator Sales Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 39: West U.S. Generator Sales Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 40: West U.S. Generator Sales Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 41: U.S. Generator Sales Market Revenue USD Billion Forecast, by Power Rating 2018 & 2031
- Table 42: U.S. Generator Sales Market Volume K Units Forecast, by Power Rating 2018 & 2031
- Table 43: U.S. Generator Sales Market Revenue USD Billion Forecast, by Fuel Type 2018 & 2031
- Table 44: U.S. Generator Sales Market Volume K Units Forecast, by Fuel Type 2018 & 2031
- Table 45: U.S. Generator Sales Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 46: U.S. Generator Sales Market Volume K Units Forecast, by Application 2018 & 2031
- Table 47: U.S. Generator Sales Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 48: U.S. Generator Sales Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 49: U.S. Generator Sales Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 50: U.S. Generator Sales Market Volume K Units Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 5.7% from 2018-2032 |
| Segmentation |
|
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