Market Overview:
The global three-phase generator set 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 power backup solutions in various industries, such as construction, equipment manufacturing, and shipbuilding. Additionally, the growing awareness about the benefits of using three-phase generators sets is also contributing to the growth of this market. Based on type, diesel engine three-phase generator sets are expected to dominate the global market during the forecast period. This can be attributed to their high efficiency and durability as compared with gasoline engine three-phase generator sets.
Product Definition:
A three-phase generator set is a collection of three generators that are used to produce alternating current. These generators are usually connected in parallel, and they work together to provide power for large electrical loads. The importance of a three-phase generator set lies in its ability to provide reliable power for large loads. Additionally, by connecting the generators in parallel, the overall system redundancy is increased, making it more reliable.
Diesel Engine Three-Phase Generator Set:
Diesel Engine Three-Phase Generator Set, commonly known as the diesel gen set or generator set is used to provide electrical power for starting and charging batteries in emergencies. It also has a role of providing emergency power supply to the grid during blackouts. The growth factor in the market is dependent on factors such as infrastructure development, government initiatives & policies towards renewable energy adoption along with rising demand for uninterrupted electric supply across various sectors such as manufacturing, healthcare & life sciences and IT services among others.
Gasoline Engine Three-Phase Generator Set:
Gasoline engine three-phase generator set is used in three-phase generator set. It's a kind of power source which uses the combustion of gasoline to generate electrical energy. The electrical energy generated is then utilized to power an electric motor, which drives a shaft and belts in the generators sets.
Application Insights:
The construction industry accounted for the largest share of over 30.0% in 2017. The growth can be attributed to the growing demand for power generation sets with higher capacity in construction sites, industrial areas, and remote locations where electricity is needed to set up welding equipment or machinery. Moreover, three-phase generator sets are widely used in construction industries as they offer high power output ensuring continuous and smooth supply of electricity during emergencies or breakdowns.
The equipment manufacturing industry is expected to grow at a significant rate over the forecast period owing to rising demand from oil & gas sector and other industrial sectors such as cement production plants etcetera where heavy electrical load needs constant supply of electric power without fail at all times which can be satisfied by three-phase generator set type units only.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electric power in China and India. The construction industry in Asia Pacific is anticipated to witness significant growth on account of rising industrial activities, which will propel the demand for three-phase generators sets over the forecast period.
The shipbuilding industry in Europe has witnessed an increase in investments and orders since 2014, which is likely to drive the market growth during the forecast period.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives to promote the use of renewable energy sources
- Technological advancements in three-phase generator set technology
- Rising prices of traditional fuels such as diesel and petrol, which is prompting the search for alternative fuel sources
- Growing awareness about the benefits of using three-phase generator sets
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-Phase Generator Set Market Research Report
By Type
Diesel Engine Three-Phase Generator Set, Gasoline Engine Three-Phase Generator Set
By Application
Construction Industry, Equipment Manufacturing Industry, Shipbuilding Industry, Other
By Companies
Inmesol, JCB Power Products Ltd, KOHLER POWER SYSTEMS, LISTER PETTER, MTU Onsite Energy, NORTHERN LIGHTS, SDMO, Solar Turbines, Wacker Neuson SE, AJ POWER, Ascot International Srl, ATLAS NRG TECH S.L, BELTRAME CSE, CAPSTONE TURBINE, Coelmo spa, FG WILSON, FUJIAN YANAN POWER GROUP, GENELEC
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Three-Phase Generator Set Market Report Segments:
The global Three-Phase Generator Set market is segmented on the basis of:
Types
Diesel Engine Three-Phase Generator Set, Gasoline Engine Three-Phase Generator Set
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
Construction Industry, Equipment Manufacturing Industry, Shipbuilding Industry, Other
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:
- Inmesol
- JCB Power Products Ltd
- KOHLER POWER SYSTEMS
- LISTER PETTER
- MTU Onsite Energy
- NORTHERN LIGHTS
- SDMO
- Solar Turbines
- Wacker Neuson SE
- AJ POWER
- Ascot International Srl
- ATLAS NRG TECH S.L
- BELTRAME CSE
- CAPSTONE TURBINE
- Coelmo spa
- FG WILSON
- FUJIAN YANAN POWER GROUP
- GENELEC
Highlights of The Three-Phase Generator Set 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:
- Diesel Engine Three-Phase Generator Set
- Gasoline Engine Three-Phase Generator Set
- By Application:
- Construction Industry
- Equipment Manufacturing Industry
- Shipbuilding Industry
- Other
- 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 Three-Phase Generator Set 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.
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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?
A three-phase generator set is a type of electric power plant that uses three rotating electrical generators to produce electricity. The generators are connected in series and each one produces a different voltage, which is then combined and sent through the grid to be used by homes and businesses.
Some of the major players in the three-phase generator set market are Inmesol, JCB Power Products Ltd, KOHLER POWER SYSTEMS, LISTER PETTER, MTU Onsite Energy, NORTHERN LIGHTS, SDMO, Solar Turbines, Wacker Neuson SE, AJ POWER, Ascot International Srl, ATLAS NRG TECH S.L, BELTRAME CSE, CAPSTONE TURBINE, Coelmo spa, FG WILSON, FUJIAN YANAN POWER GROUP, GENELEC.
The three-phase generator set market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Three-Phase Generator Set Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Three-Phase Generator Set Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Three-Phase Generator Set Market - Supply Chain
4.5. Global Three-Phase Generator Set Market Forecast
4.5.1. Three-Phase Generator Set Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Three-Phase Generator Set Market Size (000 Units) and Y-o-Y Growth
4.5.3. Three-Phase Generator Set Market Absolute $ Opportunity
5. Global Three-Phase Generator Set Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Three-Phase Generator Set Market Size and Volume Forecast by Type
5.3.1. Diesel Engine Three-Phase Generator Set
5.3.2. Gasoline Engine Three-Phase Generator Set
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Three-Phase Generator Set Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Three-Phase Generator Set Market Size and Volume Forecast by Application
6.3.1. Construction Industry
6.3.2. Equipment Manufacturing Industry
6.3.3. Shipbuilding Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Three-Phase Generator Set Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Three-Phase Generator Set Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Three-Phase Generator Set Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Three-Phase Generator Set Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Three-Phase Generator Set Demand Share Forecast, 2019-2026
9. North America Three-Phase Generator Set Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Three-Phase Generator Set Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Three-Phase Generator Set Market Size and Volume Forecast by Application
9.4.1. Construction Industry
9.4.2. Equipment Manufacturing Industry
9.4.3. Shipbuilding Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Three-Phase Generator Set Market Size and Volume Forecast by Type
9.7.1. Diesel Engine Three-Phase Generator Set
9.7.2. Gasoline Engine Three-Phase Generator Set
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Three-Phase Generator Set Demand Share Forecast, 2019-2026
10. Latin America Three-Phase Generator Set Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Three-Phase Generator Set Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Three-Phase Generator Set Market Size and Volume Forecast by Application
10.4.1. Construction Industry
10.4.2. Equipment Manufacturing Industry
10.4.3. Shipbuilding Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Three-Phase Generator Set Market Size and Volume Forecast by Type
10.7.1. Diesel Engine Three-Phase Generator Set
10.7.2. Gasoline Engine Three-Phase Generator Set
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Three-Phase Generator Set Demand Share Forecast, 2019-2026
11. Europe Three-Phase Generator Set Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Three-Phase Generator Set Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Three-Phase Generator Set Market Size and Volume Forecast by Application
11.4.1. Construction Industry
11.4.2. Equipment Manufacturing Industry
11.4.3. Shipbuilding Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Three-Phase Generator Set Market Size and Volume Forecast by Type
11.7.1. Diesel Engine Three-Phase Generator Set
11.7.2. Gasoline Engine Three-hase Generator Set
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Three-Phase Generator Set Demand Share, 2019-2026
12. Asia Pacific Three-Phase Generator Set Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Three-Phase Generator Set Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Three-Phase Generator Set Market Size and Volume Forecast by Application
12.4.1. Construction Industry
12.4.2. Equipment Manufacturing Industry
12.4.3. Shipbuilding Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Three-Phase Generator Set Market Size and Volume Forecast by Type
12.7.1. Diesel Engine Three-Phase Generator Set
12.7.2. Gasoline Engine Three-Phase Generator Set
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Three-Phase Generator Set Demand Share, 2019-2026
13. Middle East & Africa Three-Phase Generator Set Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Three-Phase Generator Set Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Three-Phase Generator Set Market Size and Volume Forecast by Application
13.4.1. Construction Industry
13.4.2. Equipment Manufacturing Industry
13.4.3. Shipbuilding Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Three-Phase Generator Set Market Size and Volume Forecast by Type
13.7.1. Diesel Engine Three-Phase Generator Set
13.7.2. Gasoline Engine Three-Phase Generator Set
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Three-Phase Generator Set Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Three-Phase Generator Set Market: Market Share Analysis
14.2. Three-Phase Generator Set Distributors and Customers
14.3. Three-Phase Generator Set Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Inmesol
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. JCB Power Products Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KOHLER POWER SYSTEMS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LISTER PETTER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MTU Onsite Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NORTHERN LIGHTS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SDMO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solar Turbines
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wacker Neuson SE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AJ POWER
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ascot International Srl
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ATLAS NRG TECH S.L
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BELTRAME CSE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CAPSTONE TURBINE
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Coelmo spa
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. FG WILSON
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. FUJIAN YANAN POWER GROUP
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. GENELEC
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
