산업용 발전기 시장 : 산업 규모, 점유율, 동향, 기회, 예측, 정격 출력별, 연료 유형별, 용도별, 지역별, 경쟁별(2020-2030년)

The Global Industrial Generator Market was valued at USD 21.9 billion in 2024 and is projected to reach USD 33.7 billion by 2030, growing at a CAGR of 7.3% during the forecast period. The demand for consistent and reliable power supply across diverse industrial sectors-such as manufacturing, construction, healthcare, and oil & gas-is fueling the market's growth. Emerging economies are experiencing accelerated industrialization and urban development, which is driving electricity consumption and increasing reliance on generators for both primary and backup power. Frequent power grid failures and underdeveloped infrastructure in certain regions also contribute to the growing use of industrial generators. The rise of data centers and AI-driven IT infrastructure further necessitates continuous power availability. Advances in hybrid systems, integration of renewable sources, and regulatory pressures encouraging low-emission solutions are shaping the industry's future. Industrial operations in remote and off-grid locations, particularly in sectors like mining and energy exploration, depend on generators for uninterrupted operations, reinforcing market demand. These dynamics, coupled with growing sustainability efforts and technological innovations, continue to strengthen the outlook for the global industrial generator market.

Key Market Drivers

Rising Demand for Reliable and Uninterrupted Power Supply Across Industrial Sectors

The demand for industrial generators is largely fueled by the growing requirement for uninterrupted power across various sectors, including oil & gas, mining, healthcare, construction, and manufacturing. Power outages or inconsistencies can severely impact production, operational safety, and service delivery in these sectors. Generators offer an immediate and dependable solution, especially in high-dependency settings like factories and hospitals. For example, data centers and advanced manufacturing units require constant power to support automation and digital operations. In 2024, Cummins Inc. introduced new natural gas standby generator sets rated at 175kW and 200kW under its "Destination Zero" initiative aimed at sustainability. Regions with unreliable grid infrastructure, such as parts of Asia-Pacific, Latin America, and Africa, rely heavily on industrial generators as essential power sources. Additionally, even in advanced economies, generators serve as critical backup systems for institutions like hospitals and IT facilities, where zero downtime is imperative. Cummins also expanded its Centum Series in 2024 by adding high-capacity generator sets rated at 1750kW and 2000kW, powered by the new QSK50 engine, offering high-efficiency performance for energy-intensive applications.

Key Market Challenges

Stringent Environmental Regulations and Emission Norms Impacting Generator Deployment

A significant challenge to the industrial generator market is the rising pressure from environmental regulations targeting emissions, fuel efficiency, and noise control. Diesel generators, while prevalent for their high-output capabilities, are associated with elevated emissions of greenhouse gases, nitrogen oxides, and particulate matter. Governments and environmental agencies across the U.S., Europe, and Asia-Pacific are tightening regulations to reduce these pollutants. Standards set by agencies like the U.S. EPA, EU regulators, and India's CPCB are compelling manufacturers to invest in cleaner technologies and redesign products to comply with evolving norms. These requirements lead to higher R&D and production costs, which may discourage adoption, especially in cost-sensitive markets. Additionally, varying global emission standards complicate international distribution and require region-specific generator models. This increases operational complexity and supply chain challenges. In urban areas, restrictions or bans on older diesel generators-such as those implemented in Delhi or London-further limit the market, impacting aftersales revenue and retrofitting demand.

Key Market Trends

Shift Toward Hybrid and Renewable-Integrated Generator Systems

An emerging trend in the industrial generator sector is the adoption of hybrid systems that combine traditional diesel or gas generators with renewable energy sources like solar and wind. This trend is driven by sustainability goals, emissions regulations, and the need for cost-efficient energy solutions. Hybrid setups reduce fuel consumption by utilizing renewable energy during optimal conditions and activating generators only when necessary. This model improves fuel efficiency, extends equipment life, and lowers operational costs. In remote or off-grid industrial applications-such as mining, telecom, and oil & gas-hybrid systems are especially valuable due to logistical fuel delivery challenges. These setups often include battery storage for energy continuity. Mining operations in regions like Australia and Africa have adopted solar-diesel hybrids to reduce emissions and logistical costs while meeting ESG mandates. Similarly, telecom operators are integrating solar modules with generators to ensure 24/7 uptime and improve energy economics. Hybrid solutions are poised to gain further traction as industries continue to pursue cleaner, more resilient energy infrastructure.

Key Market Players

• Ashok Leyland
• Atlas Copco
• Caterpillar
• Cummins
• Deere & Company
• FG Wilson
• Generac Power Systems
• Greaves Cotton

Report Scope:

In this report, the Global Industrial Generator Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Industrial Generator Market, By Power Rating:

• <= 75 kVA
• > 75 kVA - 375 kVA
• > 375 kVA - 750 kVA
• > 750 kVA

Industrial Generator Market, By Fuel Type:

• Diesel
• Gas
• Others

Industrial Generator Market, By Application:

• Oil & Gas
• Manufacturing
• Construction
• Electric Utilities
• Mining
• Transport & Logistics
• Others

Industrial Generator Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• South America
  • Brazil
  • Colombia
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Industrial Generator Market.

Available Customizations:

Global Industrial Generator Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Industrial Generator Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Power Rating (<= 75 kVA, > 75 kVA - 375 kVA, > 375 KVA - 750 kVA, > 750 kVA)
  • 5.2.2. By Application (Oil & Gas, Manufacturing, Construction, Electric Utilities, Mining, Transport & Logistics, Others)
  • 5.2.3. By Fuel Type (Diesel, Gas, Others)
  • 5.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Industrial Generator Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Power Rating
  • 6.2.2. By Application
  • 6.2.3. By Fuel Type
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Industrial Generator Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Power Rating
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By Fuel Type
  • 6.3.2. Canada Industrial Generator Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Power Rating
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By Fuel Type
  • 6.3.3. Mexico Industrial Generator Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Power Rating
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By Fuel Type

7. Europe Industrial Generator Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Power Rating
  • 7.2.2. By Application
  • 7.2.3. By Fuel type
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Industrial Generator Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Power Rating
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Fuel Type
  • 7.3.2. France Industrial Generator Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Power Rating
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Fuel Type
  • 7.3.3. United Kingdom Industrial Generator Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Power Rating
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Fuel Type
  • 7.3.4. Italy Industrial Generator Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Power Rating
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By Fuel Type
  • 7.3.5. Spain Industrial Generator Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Power Rating
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By Fuel Type

8. Asia Pacific Industrial Generator Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Power Rating
  • 8.2.2. By Application
  • 8.2.3. By Fuel Type
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Industrial Generator Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Power Rating
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Fuel Type
  • 8.3.2. India Industrial Generator Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Power Rating
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Fuel Type
  • 8.3.3. Japan Industrial Generator Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Power Rating
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Fuel Type
  • 8.3.4. South Korea Industrial Generator Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Power Rating
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Fuel Type
  • 8.3.5. Australia Industrial Generator Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Power Rating
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Fuel Type

9. Middle East & Africa Industrial Generator Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Power Rating
  • 9.2.2. By Application
  • 9.2.3. By Fuel Type
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Industrial Generator Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Power Rating
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Fuel Type
  • 9.3.2. UAE Industrial Generator Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Power Rating
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Fuel Type
  • 9.3.3. South Africa Industrial Generator Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Power Rating
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Fuel Type

10. South America Industrial Generator Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Power Rating
  • 10.2.2. By Application
  • 10.2.3. By Fuel Type
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Industrial Generator Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Power Rating
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Fuel Type
  • 10.3.2. Colombia Industrial Generator Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Power Rating
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Fuel Type
  • 10.3.3. Argentina Industrial Generator Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Power Rating
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Fuel Type

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends and Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. Ashok Leyland
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel
  • 13.1.5. Key Product/Services Offered
• 13.2. Atlas Copco
• 13.3. Caterpillar
• 13.4. Cummins
• 13.5. Deere & Company
• 13.6. FG Wilson
• 13.7. Generac Power Systems
• 13.8. Greaves Cotton

14. Strategic Recommendations

15. About Us & Disclaimer