Electric Generating Set Market

Electricity has emerged as an essential part of human life. Electricity supports various phenomenons such as lightning, electromagnetic induction and electrical current. Electricity generation is the process of generating electricity for the use in commercial and residential buildings. Generally, electricity is generated at electric power station through the use of electromechanical generators. There are various other methods which are used to create electricity. Methods such as static electricity (uses physical separation and transport of charge), electromagnetic induction (transformation of kinetic energy into electricity through the use of generator), electrochemistry (transformation of chemical energy into electric energy), photovoltaic effect (transformation of light into electricity), thermoelectric effect (conversion of temperature difference into electricity), piezoelectric effect (generation of electricity from electrically anisotropic molecules) and nuclear transformation (acceleration of charged particles creates electricity). Electric generator is a device which is used to generate electricity by converting mechanical energy (combination of potential energy and kinetic energy) to electrical energy for use in an electric circuit.

Electric Generating Set Market contains market size and forecasts of Electric Generating Set in global, including the following market information:

Global Electric Generating Set Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Electric Generating Set Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Electric Generating Set companies in 2021 (%)

The global Electric Generating Set market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Diesel Electric Generating Sets Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Electric Generating Set include Kirloskar Electric, TECO-Westinghouse Motor, Potencia Industrial, ABB, WEG and Atlas Copco, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Electric Generating Set manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electric Generating Set Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electric Generating Set Market Segment Percentages, by Type, 2021 (%)

Diesel Electric Generating Sets

Wind Powered Electric Generating Set

Spark Ignition Engines Electric Generating Set

Others

Global Electric Generating Set Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electric Generating Set Market Segment Percentages, by Application, 2021 (%)

Commercial

Residential Construction

Water And Wastewater Treatment

Telecommunication

Railways

Others

Global Electric Generating Set Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electric Generating Set Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Electric Generating Set revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Electric Generating Set revenues share in global market, 2021 (%)

Key companies Electric Generating Set sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Electric Generating Set sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Kirloskar Electric

TECO-Westinghouse Motor

Potencia Industrial

ABB

WEG

Atlas Copco