U.S. Genset Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025

Description

The U.S. genset market is experiencing robust growth, with revenues projected to rise from USD 7.5 billion in 2024 to USD 12.2 billion by 2032, reflecting a CAGR of 6.4% during the forecast period. This expansion is primarily driven by the increasing frequency of power outages and grid stability issues, which have heightened the demand for reliable backup power solutions across various sectors.

The surge in construction activities, particularly in residential and commercial sectors, has further propelled the need for gensets as temporary power sources. Additionally, the expansion of manufacturing plants, data centers, and commercial buildings necessitates uninterrupted power supply, thereby boosting genset adoption. Environmental regulations, such as those imposed by the Environmental Protection Agency (EPA), are also influencing the market, prompting a shift towards low-emission and sustainable genset solutions.

Key Insights

The market is segmented into diesel, gas, and gasoline gensets. Diesel gensets currently dominate due to their efficiency and reliability, while gas gensets are gaining traction owing to their lower emissions and compliance with stringent environmental regulations.

Gensets are categorized based on power output into 5-75 kVA, 76-375 kVA, 376-750 kVA, and above 750 kVA. The 5-75 kVA segment is widely used in residential and small commercial applications, whereas higher power ratings cater to industrial and large-scale commercial needs.

The primary applications include commercial, industrial, and residential sectors. The commercial sector leads the market due to the high demand for uninterrupted power in establishments like hospitals, data centers, and retail outlets.

Geographically, the South region holds the largest market share, attributed to its extensive industrial base and frequent weather-related power disruptions. The West region is the fastest-growing, driven by rapid urbanization and infrastructure development.

Innovations in genset technology focus on enhancing fuel efficiency, reducing emissions, and integrating with renewable energy sources. The development of hybrid gensets and those compatible with solar panels exemplify this trend.

The EPA's stringent emission standards are compelling manufacturers to design gensets that emit lower levels of pollutants like NOx, PM, CO, SO2, and lead. This regulatory landscape is fostering the adoption of cleaner and more sustainable genset solutions.

In October 2024, the U.S. Department of Energy invested USD 87 million in Mainspring Energy to establish a linear generator manufacturing facility in Allegheny, Pennsylvania. This facility aims to produce 1,000 low-emission linear generators annually, underscoring the government's commitment to sustainable energy solutions.

The U.S. genset market is characterized by a consolidated landscape with a few large players offering diverse products. This competitive environment encourages innovation and provides consumers with a wide range of options tailored to specific needs.

The increasing emphasis on sustainable and eco-friendly power solutions presents significant growth opportunities. Manufacturers focusing on developing gensets that align with environmental regulations and consumer preferences for green technologies are poised to gain a competitive edge.

Product Code: 13475

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Fuel Type
- 1.4.2. Market Size Breakdown, by Power Rating
- 1.4.3. Market Size Breakdown, by Application
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Revenue
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Industry Background
5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
5.3. Impact of COVID-19
5.4. Sociopolitical Impact
5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
5.6. Innovation and Technology Trends
5.7. Supply Chain and Value Chain Insights
5.8. Economic and Regulatory Impact
5.9. Market Entry Strategies

Chapter 6. Competitive Landscape

6.1. List of Market Players and their Offerings
6.2. Market Share of Key Players (2024)
6.3. Competitive Benchmarking of Key Players
6.4. Product Benchmarking of Key Players
6.5. Recent Strategic Developments by Key Players
6.6. Company Leadership Matrix

Chapter 7. U.S. Market

7.1. Overview
7.2. Market Volume, by Fuel Type (2019-2032)
7.3. Market Revenue, by Fuel Type (2019-2032)
7.4. Market Volume, by Power Rating (2019-2032)
7.5. Market Revenue, by Power Rating (2019-2032)
7.6. Market Volume, by Application (2019-2032)
7.7. Market Revenue, by Application (2019-2032)
7.8. Market Volume, by Country (2019-2032)
7.9. Market Revenue, by Country (2019-2032)

Chapter 8. Northeast Market

8.1. Overview
8.2. Economic Indicators
8.3. Demographics and Population Insights
8.4. Regional Hotspots
8.5. Growth Drivers
8.6. Challenges and Barriers
8.7. Competitive Strategies
8.8. Emerging Players
8.9. Import/Export Policies
8.10. Compliance Requirements
8.11. Emerging Investment Areas
8.12. Major Ongoing Projects
8.13. Market Size and Forecast
- 8.13.1. Market Volume, by Fuel Type (2019-2032)
- 8.13.2. Market Revenue, by Fuel Type (2019-2032)
- 8.13.3. Market Volume, by Power Rating (2019-2032)
- 8.13.4. Market Revenue, by Power Rating (2019-2032)
- 8.13.5. Market Volume, by Application (2019-2032)
- 8.13.6. Market Revenue, by Application (2019-2032)

Chapter 9. Midwest Market

9.1. Overview
9.2. Economic Indicators
9.3. Demographics and Population Insights
9.4. Regional Hotspots
9.5. Growth Drivers
9.6. Challenges and Barriers
9.7. Competitive Strategies
9.8. Emerging Players
9.9. Import/Export Policies
9.10. Compliance Requirements
9.11. Emerging Investment Areas
9.12. Major Ongoing Projects
9.13. Market Size and Forecast
- 9.13.1. Market Volume, by Fuel Type (2019-2032)
- 9.13.2. Market Revenue, by Fuel Type (2019-2032)
- 9.13.3. Market Volume, by Power Rating (2019-2032)
- 9.13.4. Market Revenue, by Power Rating (2019-2032)
- 9.13.5. Market Volume, by Application (2019-2032)
- 9.13.6. Market Revenue, by Application (2019-2032)

Chapter 10. West Market

10.1. Overview
10.2. Economic Indicators
10.3. Demographics and Population Insights
10.4. Regional Hotspots
10.5. Growth Drivers
10.6. Challenges and Barriers
10.7. Competitive Strategies
10.8. Emerging Players
10.9. Import/Export Policies
10.10. Compliance Requirements
10.11. Emerging Investment Areas
10.12. Major Ongoing Projects
10.13. Market Size and Forecast
- 10.13.1. Market Volume, by Fuel Type (2019-2032)
- 10.13.2. Market Revenue, by Fuel Type (2019-2032)
- 10.13.3. Market Volume, by Power Rating (2019-2032)
- 10.13.4. Market Revenue, by Power Rating (2019-2032)
- 10.13.5. Market Volume, by Application (2019-2032)
- 10.13.6. Market Revenue, by Application (2019-2032)

Chapter 11. South Market

11.1. Overview
11.2. Economic Indicators
11.3. Demographics and Population Insights
11.4. Regional Hotspots
11.5. Growth Drivers
11.6. Challenges and Barriers
11.7. Competitive Strategies
11.8. Emerging Players
11.9. Import/Export Policies
11.10. Compliance Requirements
11.11. Emerging Investment Areas
11.12. Major Ongoing Projects
11.13. Market Size and Forecast
- 11.13.1. Market Volume, by Fuel Type (2019-2032)
- 11.13.2. Market Revenue, by Fuel Type (2019-2032)
- 11.13.3. Market Volume, by Power Rating (2019-2032)
- 11.13.4. Market Revenue, by Power Rating (2019-2032)
- 11.13.5. Market Volume, by Application (2019-2032)
- 11.13.6. Market Revenue, by Application (2019-2032)

Chapter 12. Company Profiles

Chapter 13. Appendix

13.1. Sources and References
13.2. Related Reports

U.S. Genset Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)