The stationary generator market size in US has the potential to grow by USD 1.13 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.69%.
This report provides a detailed analysis of the market by product (stationary diesel generators and stationary gas generators), type (less than 300 kW, 301 kW to 800 kW, and greater than 800 kW), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Atlas Copco AB
- Briggs & Stratton Corp.
- Caterpillar Inc.
- Champion Power Equipment Inc.
- Cummins Inc.
- Deere & Co.
- Denyo Co. Ltd.
- Generac Power Systems Inc.
- Kohler Co.
- Southwest Products Corp.
The stationary generator market in US is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increasing demand for uninterrupted power supply to achieve growth opportunities. However, factors such as the availability of power backup alternatives will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the stationary generator market forecast in US report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This stationary generator market analysis in US report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
Stationary Generator Market in US: Key Drivers and Trends
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Stationary Generator Market in US: Segmentation by Type
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Generators with a power output of less than 300 kW dominated the market in focus in 2020. This is mainly because of the need for less than 300-kW generators from the residential and commercial sectors to provide short-term power backup. These types of generators are highly scalable and can be parallelly integrated. Generators with a power output of less than 300 kW have a lower footprint and require low initial investment. Thus, these generators find major applications in residential and data centers where the average annual power outage rate is less than 22-28 hours. The segment is also expected to exhibit a slower year-over-year growth compared with generators with a power rating between 301 kW and 800 kW.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the stationary generator market size in the US.
Stationary Generator Market in US: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive stationary generator market growth in US during the next five years
- Precise estimation of the stationary generator market size in US and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the stationary generator industry across the US
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of stationary generator market in US vendors
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