Market Overview:
The global bigger generator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electricity and rising concerns over power outages. In addition, the growing number of data centers and public works are also contributing to the growth of this market. The global bigger generator market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into natural gas generators, liquid propane generators, diesel generators, and others (including gasoline-powered generators). The natural gas generator segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030.
Product Definition:
A bigger generator is a more powerful generator. It is important for hospitals, businesses, and other large institutions that rely on electricity to have a bigger generator in case of an emergency.
Natural Gas Generator:
Natural gas generator, also known as biogas generator or bio-power plant is a device that converts the organic waste into gases such as carbon dioxide, carbon monoxide and hydrogen. These gases when used for energy production produce less harmful byproducts compared to oil or coal based electricity generation methods. The natural gas produced can be used directly in engines instead of petrol or diesel which reduces the overall cost of fuel required to run an engine.
Liquid Propane Generator:
A liquid propane generator (LPG) is a device used to convert the energy from propane into electricity. It is mainly used in emergency situations where there is no grid power or when the grid power goes down. LPGs are portable and can be taken anywhere; they do not require an electric source of any kind, making them extremely reliable during natural disasters or other times when there's an urgent need for electricity but access to normal electrical systems is unavailable.
Application Insights:
The retail segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rapid urbanization, increasing disposable income, and rising consumer demand for electric power in appliances such as refrigerators and washing machines. Furthermore, growing concerns regarding power outages that may affect a large number of consumers are expected to drive the demand for generators at retail stores or e-commerce platforms.
The healthcare segment accounted for 15% of the total revenue share in 2017 due to an increase in medical emergencies across hospitals resulting from loss of electrical systems during emergency situations such as fire accidents or grid failure. This has led healthcare organizations and authorities around the globe toward procuring larger backup generators that can provide continuous electricity supply during emergency situations along with enhanced safety features offered by these devices ensuring reliable operations at all times.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power in countries, such as China and India. In 2016, Asia accounted for approximately 50% of global generator sales. Furthermore, favorable government policies promoting industrial development are projected to drive product demand over the next eight years.
Europe is anticipated to witness significant growth during the forecast period owing to growing adoption across several sectors including retail and data centers in countries such as Germany and U.K., respectively. North America also held a considerable share of global market revenue owing to high penetration across industries including healthcare, government & defense agencies, manufacturing facilities etc.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives for promoting renewable energy sources
- Technological advancements in the field of generators
- Rising concerns about climate change and its impact on the environment
- Growing popularity of generator rental services
Scope Of The Report
Report Attributes
Report Details
Report Title
Bigger Generator Market Research Report
By Type
Natural Gas Generator, Liquid Propane Generator, Diesel Generator, Others Generator
By Application
Retail, Healthcare, Government, Data Center, Public Works, Commercial Buildings, Industrial Application, Others
By Companies
Caterpillar, Cummins Power Systems, Generac, KOHLER, MTU, Yanmar, Atlas Copco, Multiquip Inc, Doosan, Honda Power, IGSA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Bigger Generator Market Report Segments:
The global Bigger Generator market is segmented on the basis of:
Types
Natural Gas Generator, Liquid Propane Generator, Diesel Generator, Others Generator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Healthcare, Government, Data Center, Public Works, Commercial Buildings, Industrial Application, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Caterpillar
- Cummins Power Systems
- Generac
- KOHLER
- MTU
- Yanmar
- Atlas Copco
- Multiquip Inc
- Doosan
- Honda Power
- IGSA
Highlights of The Bigger Generator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Gas Generator
- Liquid Propane Generator
- Diesel Generator
- Others Generator
- By Application:
- Retail
- Healthcare
- Government
- Data Center
- Public Works
- Commercial Buildings
- Industrial Application
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bigger Generator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bigger Generator is a blockchain-based platform that enables users to generate and trade renewable energy. It uses a peer-to-peer network to facilitate transactions between generators and consumers, while also providing an online marketplace for buying and selling energy.
Some of the major companies in the bigger generator market are Caterpillar, Cummins Power Systems, Generac, KOHLER, MTU, Yanmar, Atlas Copco, Multiquip Inc, Doosan, Honda Power, IGSA.
The bigger generator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bigger Generator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bigger Generator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bigger Generator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bigger Generator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bigger Generator Market Size & Forecast, 2020-2028
4.5.1 Bigger Generator Market Size and Y-o-Y Growth
4.5.2 Bigger Generator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural Gas Generator
5.2.2 Liquid Propane Generator
5.2.3 Diesel Generator
5.2.4 Others Generator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Healthcare
6.2.3 Government
6.2.4 Data Center
6.2.5 Public Works
6.2.6 Commercial Buildings
6.2.7 Industrial Application
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bigger Generator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bigger Generator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural Gas Generator
9.6.2 Liquid Propane Generator
9.6.3 Diesel Generator
9.6.4 Others Generator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Healthcare
9.10.3 Government
9.10.4 Data Center
9.10.5 Public Works
9.10.6 Commercial Buildings
9.10.7 Industrial Application
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural Gas Generator
10.6.2 Liquid Propane Generator
10.6.3 Diesel Generator
10.6.4 Others Generator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Healthcare
10.10.3 Government
10.10.4 Data Center
10.10.5 Public Works
10.10.6 Commercial Buildings
10.10.7 Industrial Application
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural Gas Generator
11.6.2 Liquid Propane Generator
11.6.3 Diesel Generator
11.6.4 Others Generator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Healthcare
11.10.3 Government
11.10.4 Data Center
11.10.5 Public Works
11.10.6 Commercial Buildings
11.10.7 Industrial Application
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural Gas Generator
12.6.2 Liquid Propane Generator
12.6.3 Diesel Generator
12.6.4 Others Generator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Healthcare
12.10.3 Government
12.10.4 Data Center
12.10.5 Public Works
12.10.6 Commercial Buildings
12.10.7 Industrial Application
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural Gas Generator
13.6.2 Liquid Propane Generator
13.6.3 Diesel Generator
13.6.4 Others Generator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Healthcare
13.10.3 Government
13.10.4 Data Center
13.10.5 Public Works
13.10.6 Commercial Buildings
13.10.7 Industrial Application
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bigger Generator Market: Competitive Dashboard
14.2 Global Bigger Generator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caterpillar
14.3.2 Cummins Power Systems
14.3.3 Generac
14.3.4 KOHLER
14.3.5 MTU
14.3.6 Yanmar
14.3.7 Atlas Copco
14.3.8 Multiquip Inc
14.3.9 Doosan
14.3.10 Honda Power
14.3.11 IGSA
