Press Release

Global Gas Gensets Market is expected to grow at a robust CAGR

Global Gas Gensets Market is expected to grow owing to increasing awareness regarding natural gas as a clean and reliable fuel throughout the forecast period.


According to TechSci Research report, “Gas Gensets Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”, the Global Gas Gensets Market is expected to register robust growth during the forecast period. Technological advancements have significantly enhanced the performance and capacity of generators, offering lucrative prospects for companies in the future market. The increasing demand for gas generators and bio-fuel generators represents the latest industry trends poised to propel global market growth.

The demand for dependable and resilient power supply solutions is steadily increasing, particularly in critical infrastructure sectors such as healthcare, data centers, and telecommunications. Gas gensets are renowned for their rapid startup times and capacity to offer backup power during grid outages. This reliability factor positions them as crucial components in guaranteeing uninterrupted operations.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the Gas Gensets Market."


Based on power rating, the Upto 100 KVA segment is expected to dominate the market during the forecast period. Gas gensets with a power rating of up to 100 KVA have diverse applications across sectors such as small businesses, healthcare facilities, residential complexes, telecommunications, construction sites, and agriculture. Sub-100 KVA gas gensets primarily serve as backup power solutions for smaller businesses and institutions. They play a critical role in maintaining uninterrupted operations during grid outages, minimizing downtime, and safeguarding sensitive equipment and data. In residential settings, smaller gas gensets provide a sense of security during power outages, particularly in regions prone to storms and natural disasters. These gas gensets offer cost-effective power solutions without the high initial investment and operating costs associated with larger gensets. Designed to be portable and compact, sub-100 KVA gas gensets are well-suited for temporary or mobile power needs and find utility in construction sites, outdoor events, and remote installations. Moreover, their versatility extends to fuel options, allowing them to run on various gases such as natural gas, propane, biogas, and syngas, depending on availability and environmental considerations. Consequently, environmental concerns also factor into the selection of sub-100 KVA gas gensets, with users often favoring gensets that operate on cleaner fuels or feature emissions control technologies to reduce their environmental impact.

Based on end user, the Commercial segment is projected to dominate the market throughout the forecast period. The commercial segment of the gas gensets market encompasses a wide range of applications, including office buildings, shopping malls, hotels, restaurants, banks, data centers, and more. Gas gensets in the commercial sector primarily serve as backup power solutions, automatically providing electricity during grid outages. This prevents downtime, revenue loss, and potential damage to sensitive equipment, making grid resilience a top priority for many commercial entities. This is especially true for those located in regions prone to natural disasters or grid instability. Commercial establishments are increasingly focused on environmental sustainability and reducing their carbon footprint, while also valuing cost-effective power solutions. Gas gensets, particularly those running on natural gas, offer cost savings over time due to the lower price and stability of natural gas compared to diesel fuel. In the commercial segment, gas gensets are often integrated into energy management systems that optimize power usage. The commercial gas gensets market benefits from ongoing technological advancements. Manufacturers are developing more efficient and digitally controlled gensets that offer improved performance and monitoring capabilities. Some commercial facilities deploy microgrids that incorporate gas gensets along with renewables and energy storage. Many commercial entities are aligning with broader energy transition goals and adopting sustainable practices.


Key market players in the Global Gas Gensets Market are:-

  • Generac Holdings Inc.
  • Caterpillar Inc.
  • AKSA Power Generation
  • Cooper Corporation
  • Mitsubishi Heavy Industries Ltd.
  • Kohler Co.
  • Cummins Inc.
  • General Electric Company
  • Perkins Engines Company Limited
  • Toshiba Corporation


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“The Gas Gensets Market in Asia Pacific is poised to be the dominant force in the industry. Gas gensets powered by natural gas or renewable gases such as biogas and hydrogen are considered environmentally friendly alternatives. These gensets generate lower emissions and assist organizations in achieving emissions reduction targets. Federal and state-level incentives, tax credits, and grants play a crucial role in promoting the adoption of gas gensets, particularly when they utilize cleaner fuels or align with environmental objectives.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Gas Gensets Market - Global Industry Size, Share, Trends, Opportunity, and Forecast

Segmented By Fuel (Natural Gas, Biogas, and Others), By Power Rating (Upto 100 KVA, 100 to 350 KVA, 350-1000 KVA, and Above 1000 KVA), By Application (Standby, Peak Shaving, and Continuous), By End User (Industrial, Commercial, and Residential), By Region, By Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of Global Gas Gensets Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Gas Gensets Market.


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