Asia-Pacific Large Generator Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Fuel Type (Diesel, Natural Gas, Hydrogen, and Dual) and Industry [Oil & Gas, IT & Telecom, Power & Utilities, and Others)
The Asia-Pacific large generator market is expected to grow from US$ 2,605.68 million in 2022 to US$ 4,606.49 million by 2028. It is estimated to grow at a CAGR of 10.0% from 2022 to 2028.
Development of Smart Solutions for Generators in Asia-Pacific Large Generator Market
Nowadays, even the basic generators consist of a control panel that helps the operator to check the health status of the generator when it is running. Further to advance the control panel, intelligent features are incorporated in it to provide information regarding the output, the remaining fuel, and other features. Some smart generators also help check performance and status using an app on a mobile phone. Also, various big, standalone generators used at hospitals, hotels, industries, and other enterprises come with a remote monitoring solution. These generators provide a complete analysis of how much fuel the generator consumes under quarter, half, or full load. This fuel consumption rate will help customers calculate how much fuel they need for a specific time. Furthermore, some generators provide alerts on the phone when there is a need for any checking. This helps operators keep their generators’ health in check even when they are not around. Also, incorporating technologies such as IoT is rising in large generators to make them smarter. Thus, the development of such intelligent solutions for the large generator will further boost its demand in the market. Thus, with the rising adoption of new technologies to make generators’ operation and maintenance more efficient, the production of smart generators will increase, augmenting the growth of the large generator market during the forecast period.
Asia-Pacific Large Generator Market Overview
The large generator market in Asia Pacific is segmented into China, Japan, India, South Korea, Australia, and the Rest of APAC. The growing manufacturing industry propels the demand for large generators across the region. The manufacturing sector in many economies in Asia Pacific has shown a significant rebound since September 2020, as COVID-19-related lockdown measures were eased in many nations as conditions were stabilized. Disruption such as shortage of raw materials, supply chain delays in the manufacturing industry can mean low-volume and poor-quality production. Any production line in a manufacturing facility must be operating as required at all times. When blackouts occur in manufacturing plants, they affect all processes, from raw material sourcing to product sales. Normal schedules are also interrupted, targets are not met, raw materials go bad, safety is compromised, and in some cases, a product’s quality is affected. This can lead to customer loss. To avoid this, large generators are widely used across the growing manufacturing sector in Asia Pacific.
Asia-Pacific Large Generator market Revenue and Forecast to 2028 (US$ Million)
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Asia-Pacific Large Generator Market Segmentation
The Asia-Pacific large generator market is segmented on the basis of fuel type, industry, and country. On the basis of fuel type, the Asia-Pacific large generator market is segmented into diesel, natural gas, hydrogen, and dual. The diesel segment registered a larger market share in 2022.
Based on industry, the Asia-Pacific large generator market is further segmented into oil & gas, IT & telecom, power & utility, and others. The IT & telecom segment registered a larger market share in 2022.
Based on country, the Asia-Pacific large generator market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia-Pacific. China dominated the market share in 2022.
ABB Ltd, Atlas Copco AB, Caterpillar Inc, Cummins Inc, INNIO Jenbacher GmbH & Co OG, Kohler Co, Mitsubishi Heavy Industries Ltd, Siemens AG, and Yanmar Holdings Co Ltd are the leading companies operating in the Asia-Pacific large generator market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia-Pacific Large Generator Market Landscape
4.1 Market Overview
4.2 Asia-Pacific PEST Analysis
4.2.1 Asia-Pacific: PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia-Pacific Large Generator Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Uninterrupted Power Supply
5.1.2 Increasing Adoption for Distributed Power Generation
5.2 Market Restraints
5.2.1 Growing Adoption of Renewable Energy Sources and Energy Storage Technologies
5.3 Market Opportunities
5.3.1 Increasing Requirement for Hybrid, Bi-Fuel, or Dual Fuel Generators
5.4 Future Trends
5.4.1 Development of Smart Solutions for Generators
5.5 Impact Analysis of Drivers and Restraints
6. Large Generator Market – Asia-Pacific Market Analysis
6.1 Asia-Pacific Large Generator Market Forecast and Analysis
7. Asia-Pacific Large Generator Market – by Fuel Type
7.1 Overview
7.2 Asia-Pacific Large Generator Market, by Fuel Type (2021 and 2028)
7.3 Diesel
7.3.1 Overview
7.3.2 Diesel: Large generator Market Revenue and Forecast To 2028 (US$ Million)
7.4 Natural Gas
7.4.1 Overview
7.4.2 Natural Gas: Large generator Market Revenue and Forecast To 2028 (US$ Million)
7.5 Hydrogen
7.5.1 Overview
7.5.2 Hydrogen: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Dual
7.6.1 Dual: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia-Pacific Large Generator Market - by Industry
8.1 Overview
8.2 Asia-Pacific Large Generator Market, by Industry (2021 and 2028)
8.3 Oil & Gas
8.3.1 Overview
8.3.2 Oil & Gas: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8.4 IT & Telecom
8.4.1 Overview
8.4.2 IT & Telecom: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Power & Utilities
8.5.1 Overview
8.5.2 Power & Utilities: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8.5.2.1 Asia-Pacific Large Generator Market, by Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Others: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia-Pacific Large Generator Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Large Generator Market, by Key Country
9.1.1.1 Australia: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Large Generator Market, By Fuel Type
9.1.1.1.2 Australia: Large Generator Market, By Industry
9.1.1.1.2.1 Australia: Large Generator Market, By Power & Utilities
9.1.1.2 China: Large Generator Market – Revenue and Forecast to 2028 (US$ Million).
9.1.1.2.1 China: Large Generator Market, By Fuel Type
9.1.1.2.2 China: Large Generator Market, By Industry
9.1.1.2.2.1 China: Large Generator Market, By Power & Utilities
9.1.1.3 Japan: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Japan: Large Generator Market, By Fuel Type
9.1.1.3.2 Japan: Large Generator Market, By Industry
9.1.1.3.2.1 Japan: Large Generator Market, By Power & Utilities
9.1.1.4 India: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 India: Large Generator Market, By Fuel Type
9.1.1.4.2 India: Large Generator Market, By Industry
9.1.1.4.2.1 India: Large Generator Market, By Power & Utilities
9.1.1.5 South Korea: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Large Generator Market, By Fuel Type
9.1.1.5.2 South Korea: Large Generator Market, By Industry
9.1.1.5.2.1 South Korea: Large Generator Market, By Power & Utilities
9.1.1.6 Rest of Asia Pacific: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: Large Generator Market, By Fuel Type
9.1.1.6.2 Rest of Asia Pacific: Large Generator Market, By Industry
9.1.1.6.2.1 Rest of APAC: Large Generator Market, By Power & Utilities
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 Siemens AG
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 ABB Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Atlas Copco AB
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Caterpillar Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Cummins Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Yanmar Holdings Co Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Kohler Co
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Mitsubishi Heavy Industries Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 INNIO Jenbacher GmbH & Co OG
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Asia-Pacific Large Generator Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Asia-Pacific Large Generator Market, by Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 3. Asia Pacific: Large Generator Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. India: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 15. India: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Asia Pacific: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Asia Pacific: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of APAC: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 22. Glossary of Terms, Large generator Market
LIST OF FIGURES
Figure 1. Asia-Pacific Large Generator Market Segmentation
Figure 2. Asia-Pacific Large Generator Market Segmentation – by Country
Figure 3. Asia-Pacific Large Generator Market Overview
Figure 4. Asia-Pacific Large Generator Market, by Fuel type
Figure 5. Asia-Pacific Large Generator Market, by Country
Figure 6. Large Generator Market Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. Asia-Pacific Large Generator Market: Impact Analysis of Drivers and Restraints
Figure 9. Asia-Pacific Large Generator Market, Forecast and Analysis (US$ Mn)
Figure 10. Asia-Pacific Large Generator Market, by Fuel Type (2021 and 2028)
Figure 11. Diesel: Asia-Pacific Large generator Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Natural Gas: Asia-Pacific Large generator Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Hydrogen: Asia-Pacific Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Dual: Asia-Pacific Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia-Pacific Large Generator Market, by Industry (2021 and 2028)
Figure 16. Oil & Gas: Asia-Pacific Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. IT & Telecom: Asia-Pacific Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Power & Utilities: Asia-Pacific Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: Asia-Pacific Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Asia-Pacific: Large Generator Market, by Key Country – Revenue (2021) (US$ Million)
Figure 21. Asia Pacific: Large Generator Market Revenue Share, by Key Country (2021 & 2028)
Figure 22. Australia: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. China: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Japan: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. India: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. South Korea: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Asia Pacific: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
- ABB Ltd
- Atlas Copco AB
- Caterpillar Inc
- Cummins Inc
- INNIO Jenbacher GmbH & Co OG
- Kohler Co
- Mitsubishi Heavy Industries Ltd
- Siemens AG
- Yanmar Holdings Co Ltd