Europe Gensets Market Outlook 2028

  • Product Code:
    RP-ID-10347025
  • Published Date:
    14 Apr 2021
  • Region:
    Global
  • Pages:
    401
  • Category:
    Energy & Power
  • Publisher:
    Pub-ID-9

Impact Analysis on the Growth of Market

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Europe Gensets Market Analysis 2019-2028
A generator set or genset is an electronic device which is used to generate electricity by the conversion of chemical energy into mechanical energy and then into electrical energy. A generator set consists of a fuel driven engine which is connected to an alternator. The engine rotates the alternator which converts the mechanical energy into electrical energy. The Europe genset market is anticipated to grow with a CAGR of 3.7% during the forecast period, i.e., 2021-2028. Factors such as the growing investments for R&D for the development of efficient genset systems, followed by the growing adoption of zero or low-emission gensets, and the rising popularity of hybrid generator set systems are anticipated to promote the growth of the Europe genset market during the forecast period. Additionally, factors such as the rising need for uninterrupted power supply, backed by increasing industrialization and rapid urbanization, followed by the need for power backup systems where there is lack of access to grid power systems, are anticipated to drive the market growth.
The Europe genset market consists of segments that are segmented by genset-type, application, power rating, end-user, and by region. The power rating segment is further divided into up to 100 kVA, 100-300 kVA, 350-750 kVA, 750-1000 kVA, 1000-2000 kVA, 2000-3000 kVA, and above 3000 kVA. Out of these segments, the up to 100 kVA segment registered the largest share in the year 2019 and is further expected to reach a value of around USD 840 million by the end of 2021 owing to the rising number of construction activities across several countries in Europe, coupled with the increasing need for small gensets in small offices and commercial spaces.
Some of the affluent industry leaders in the Europe genset market are Cummins Inc., AKSA POWER GENERATION (KAZANCI HOLDING), Caterpillar, Briggs & Stratton, LLC, PR INDUSTRIAL srl (Generac Power Systems, Inc.), Mitsubishi Heavy Industries Ltd., Kohler Co., and Doosan Portable Power.
Europe Gensets Market

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.1.1. Primary Research
3.1.2. Secondary Research
3.2. Market Size Estimation
4. Executive Summary- Europe Genset Market
5. Regulatory Landscape
6. Industry Value Chain Analysis
6.1. Raw Material Procurement
6.2. Manufacturing
6.3. Distribution
6.4. End-User Outlook
6.5. List of Key Players Across the Value Chain
7. Porter’s Five Forces Analysis
8. Pestel Analysis
9. Market Dynamics
9.1. Drivers
9.2. Restraints
9.3. Trends
9.3.1. Trend Impact Analysis, 2018-2024
9.4. Opportunities
10. Impact of Covid-19 on Europe Genset Market
11. Growth Opportunity Analysis
12. Investment Outlook
12.1. R&D Outlook
12.2. End-User Based Investments
13. End-User Analysis
13.1. End-User Buying Behavior & Pattern Outlook
13.2. Analysis on the End-User Profile
14. Leading Genset Rental Players
15. Leading Hybrid Genset Players
16. Assessment of Key OEM Players
17. Competitive Structure
17.1. Competitive Benchmarking of Key Players
17.2. Market Share, By Key Players
17.3. Product Portfolio Comparative Analysis
17.4. Company Profiles
17.4.1. Cummins, Inc
17.4.2. AKSA POWER GENERATION (KAZANCI HOLDING)
17.4.3. Caterpillar
17.4.4. Briggs & Stratton, LLC
17.4.5. PR INDUSTRIAL srl (Generac Power Systems, Inc.)
17.4.6. Mitsubishi Heavy Industries, Ltd.
17.4.7. Kohler Co.
17.4.8. Doosan Portable Power
18. Europe Genset Market Outlook
18.1. Market Size and Forecast, 2019-2028
18.1.1. By Value (USD Million)
18.1.2. By Volume (Units)
18.2. Market Overview
18.3. Market Segmentation
18.3.1. By Power Rating
18.3.1.1. Up To 100 KVA, 100-350 KVA, 350-750 KVA, 750-1,000 KVA, 1,000-2,000 KVA, 2,000-3,000 KVA, Above 3,000 KVA,2019-2028f (USD Million)
18.3.2. By Genset-Type
18.3.2.1. Diesel, Natural Gas, Others, 2019-2028f (USD Million)
18.3.3. By Application
18.3.3.1. Standby Backup Power, Prime/Continuous Power, Peak Shaving Power, 2019-2028f (USD Million) (Units)
18.3.4. By End-User
18.3.4.1. Residential, Commercial (Offices, Hotels & Restaurants, Others), Industrial (Construction, Mining, Others), Healthcare Facilities, Others,2019-2028f (USD Million)
18.3.5. By Country
18.3.5.1. UK, Germany, France, Italy, Spain, Netherlands, Belgium, Denmark, Norway, Russia, Rest of Europe,2019-2028f (USD Million) (Units)
18.3.5.1.1. UK Genset Market Outlook
18.3.5.1.1.1. Market Overview
18.3.5.1.1.2. Market Size, By Value & Volume
18.3.5.1.1.3. Assessment of Macroeconomic Indicators
18.3.5.1.1.4. Impact of Covid-19 on the UK Genset Market
18.3.5.1.1.5. Competitive Structure
18.3.5.1.1.6. UK Genset Rental Market Size & Hybrid Genset Market Size
18.3.5.1.1.7. Assessment of Key Traders
18.3.5.1.1.8. Pricing Analysis (USD/Unit)
18.3.5.1.1.9. Market Segmentation
18.3.5.1.1.9.1. By Power Rating
18.3.5.1.1.9.1.1. Up To 100 KVA, 100-350 KVA, 350-750 KVA, 750-1,000 KVA, 1,000-2,000 KVA, 2,000-3,000 KVA, Above 3,000 KVA,2019-2028f (USD Million)
18.3.5.1.1.9.2. By Genset-Type
18.3.5.1.1.9.2.1. Diesel, Natural Gas, Others, 2019-2028f (USD Million)
18.3.5.1.1.9.3. By Application
18.3.5.1.1.9.3.1. Standby Backup Power, Prime/Continuous Power, Peak Shaving Power, 2019-2028f (USD Million) (Units)
18.3.5.1.1.9.4. By End-User
18.3.5.1.1.9.4.1. Residential, Commercial (Offices, Hotels & Restaurants, Others), Industrial (Construction, Mining, Others), Healthcare Facilities, Others,2019-2028f (USD Million)
18.3.5.1.1.9.5. Cross Analysis of End-User W.R.T. Genset-Type, 2019 (USD Million)
18.3.5.1.2. Germany Genset Market Outlook
18.3.5.1.3. France Genset Market Outlook
18.3.5.1.4. Italy Genset Market Outlook
18.3.5.1.5. Spain Genset Market Outlook
18.3.5.1.6. Netherlands Genset Market Outlook
18.3.5.1.7. Belgium Genset Market Outlook
18.3.5.1.8. Denmark Genset Market Outlook
18.3.5.1.9. Norway Genset Market Outlook
18.3.5.1.10. Russia Genset Market Outlook
18.3.5.1.11. Rest of Europe Genset Market Outlook
19. Analyst’s Review

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Cummins Inc., AKSA POWER GENERATION (KAZANCI HOLDING), Caterpillar, Briggs & Stratton, LLC, PR INDUSTRIAL srl (Generac Power Systems, Inc.), Mitsubishi Heavy Industries Ltd., Kohler Co., and Doosan Portable Power
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