× Industry Reports Services Press Release Contact us About us

Asia Pacific Commercial Gensets Market Size By Application (Standby, Peak Shaving, Prime/Continuous), By Power Rating (< 50 kVA, 50 kVA - 125 kVA, 125 kVA - 200 kVA, 200 kVA - 330 kVA, 330 kVA - 750 kVA, > 750 kVA), By Fuel (Diesel, Gas, Hybrid), By End-Use (Telecom, Healthcare, Data Centers, Educational Institutions, Government Centers, Hospitality, Retail Sales, Real Estate, Commercial Complex, Construction, Infrastructure, Large Industries), Research Report, Country Outlook (China, India, Japan, Australia, South Korea), Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027
Published Date: April 2021 | Publisher: Graphical Research Report ID: GR1759 | Delivery : PDF  Request Free Sample

Asia Pacific Commercial Gensets Market size is poised to observe a lucrative growth from 2021 to 2027 on account of increasing significance of emergency preparedness and power backup solutions. Ongoing construction activities owing to rising private and public investments toward infrastructure development will fuel the product deployment. Rising population growth coupled with ongoing urbanization will enhance the demand for continuous electricity supply. In addition, increasing urgency to facilitate continued business operations together with limited grid access across remote locations will foster the market demand.

Asia Pacific Market, By Power Rating

330 kVA - 750 kVA rated commercial gensets segment will witness accelerated growth till 2027 due to its ability to reduce huge costs incurred during power interruptions and outages. High applicability of these gensets across commercial establishments including hotels, educational institutions, construction sites, telecom towers will propel the product deployment. Furthermore, expanding mobile towers to cater the requirements of rising population growth will boost the industry outlook.

Asia Pacific Market, By Fuel

The diesel commercial gensets segment is anticipated to grow rapidly through 2027 on account of their ability to provide scalable, flexible, and weather-independent operations. In addition, changing industry focus toward adoption of cleaner fuels, achieving reduced cost and energy efficiency driven by implementation of strict emission laws might hamper the disposition of these units. However, low up-front costs together with continuous electricity availability and are the key factors resulting in large-scale market expansion.

Asia Pacific Market, By End-Use

Expansion of retail sales, data and government centers has significantly escalated demand for a steady power supply across the region, thereby resulting in increased adoption of commercial gensets. Moreover, enhanced living standard, increasing disposable income coupled with flourishing medical tourism will positively impact the market landscape. Increasing electricity demand along with rising power outages across the developing regions has further propelled the industry scenario.

The impact of COVID – 19 across the Asia Pacific region has witnessed the delay in the product deployment. In addition, major manufacturing facilities observed a slum of over 15% across the production centers.  However, capability of these units to act as an essential power supply source along with robust development of super specialty hospitals will positively sway the market scenario.

Asia Pacific Market, By Application

The standby power-based application is predicted to dominate the Asia Pacific commercial gensets market share by 2027 driven by broad applicability of these gensets to deliver power supply during electrical failures thereby avoiding massive economical & production losses. Rising product disposition across industries including of commercial infrastructure, complex, stadiums, shopping malls and large industries to increase and strengthen their financial & operational performances will fuel the market landscape.

Asia Pacific Market, By Country

India market for commercial gensets is projected to register a high CAGR during the forecast period owing to ongoing constructional activities driven by favorable government initiatives including development of smart cities. For instance, as per the Telecom Regulatory Authority of India (TRAI), the nation had 1,171.80 million telephone subscribers as of 31st October 2020. Moreover, rising funding from local and private authorities toward establishment of commercial spaces together with rising requirement for uninterrupted electricity to power machines and job site equipment will complement the industry landscape.

Competitive Industry Landscape

Rising R&D investments together with strategic technological collaborations by the organizations which are centered at providing product diversity via economies of scale and brand acknowledgement. Firms are aiming toward building strategic alliances, joint ventures coupled with M&A by which they are embracing to strengthen their competitive advantage.

Key manufacturer operating across the industry are Yamaha Corporation, Powermax, Honda Motor, Greaves Cotton Limited, Briggs & Stratton, Prakash Diesel, Kirloskar Oil Engine, Generac Holdings, Caterpillar, Sudhir Power, Kohler, Cummins, Siemens, Mahindra Powerol, JCB and amongst others.
 

Frequently Asked Question(FAQ) :

Increasing construction activities backed by public and private investments mean that Asia Pacific commercial gensets industry will expand substantially through 2027.
The market for 330 kVA - 750 kVA rated commercial gensets in Asia Pacific is growing due to its ability to reduce financial losses incurred during power outages.
Diesel commercial gensets are experience notable demand in Asia Pacific on account of their flexible, scalable, and weather independent operation.
The market for commercial gensets in India will grow at a substantial CAGR powered by increasing construction projects and smart city investments.

Premium Report

Have questions?
  • Inquire Before Buying
  • Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team

     1-800-986-6917

     [email protected]