Emergency power generator means a stationary combustion device, such as a reciprocating internal combustion engine or turbine that serves solely as a secondary source of mechanical or electrical power whenever the primary energy supply is disrupted or discontinued during power outages or natural disasters that are beyond the control of the owner or operator of a facility. An emergency generator operates only during emergency situations, for training of personnel under simulated emergency conditions, as part of emergency demand response procedures, or for standard performance testing procedures as required by law or by the generator manufacturer. A generator that serves as a back-up power source under conditions of load shedding, peak shaving, power interruptions pursuant to an interruptible power service agreement, or scheduled facility maintenance shall not be considered an emergency generator.
An emergency power system is an independent source of electrical power that supports important electrical systems on loss of normal power supply. This report mainly studies emergency power generators market, by type (diesel generator, gas generator, and other), by application (residential, commercial, and industrial).
According to the new market research report “Emergency Power Generators – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Emergency Power Generators market size is projected to reach USD 6.3 billion by 2029, at a CAGR of 7.1% during the forecast period.
- Global Emergency Power Generators MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Emergency Power Generators – Global Market Insights and Sales Trends 2024”
- Global Emergency Power Generators Top12Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Emergency Power Generators – Global Market Insights and Sales Trends 2024”
The global key manufacturers of Emergency Power Generators include Cummins, Generac Holdings, Caterpillar, Kohler, Multiquip., Honda Motor, Atlas Copco, Eaton, Yanmar, Mitsubishi Heavy Industries, etc. In 2021, the global top 10 players had a share approximately 51.0% in terms of revenue.
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