Gas Generator Sets Global Market Report 2026

A gas generator is a portable power device comprising a gas engine and an alternator or electric generator. These generator sets find applications in underdeveloped areas without access to the electricity grid and in locations where power outages are frequent or could lead to critical issues. They serve as either a primary energy source or a backup power solution, particularly during peak usage hours.

Gas generators utilize various fuels, with natural gas and biogas being the primary types. A natural gas generator set specifically employs natural gas as its fuel source and is commonly used in critical facilities such as hospitals and nursing homes that require a continuous and reliable power supply. The power rating of these generator sets varies, including categories such as less than 50 kVA, between 51 kVA to 125 kVA, between 126 kVA to 200 kVA, between 201 kVA to 330 kVA, between 331 kVA to 750 kVA, and above 750 kVA. These generators serve standby, peak shaving, and prime/continuous applications across residential, industrial, commercial, power, energy, and various other end-user sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the gas generator sets market by increasing costs for imported alternators, control panels, engines, and power electronics used in generator assemblies. Industrial, commercial, and power sector users in North America and Europe are most affected due to heavy reliance on imported high-capacity generator components. Developing regions face higher upfront costs for backup power installations. However, tariffs are supporting domestic generator manufacturing, encouraging localized assembly, and accelerating innovation in cost-efficient and fuel-flexible generator set designs.

The gas generator sets market research report is one of a series of new reports from The Business Research Company that provides gas generator sets market statistics, including gas generator sets industry global market size, regional shares, competitors with a gas generator sets market share, detailed gas generator sets market segments, market trends and opportunities, and any further data you may need to thrive in the gas generator sets industry. This gas generator sets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The gas generator sets market size has grown steadily in recent years. It will grow from $9.22 billion in 2025 to $9.65 billion in 2026 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to expansion of power infrastructure gaps, increased frequency of grid outages, growing industrial demand for reliable backup power, adoption in remote and off-grid locations, availability of natural gas resources.

The gas generator sets market size is expected to see steady growth in the next few years. It will grow to $11.55 billion in 2030 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing investments in distributed energy systems, rising demand for low-emission power solutions, expansion of data centers and critical facilities, growing adoption of smart power management systems, integration with renewable energy sources. Major trends in the forecast period include growing deployment of gas generator sets for backup power, increasing adoption of biogas-based generators, rising demand for continuous power applications, expansion of smart generator monitoring systems, enhanced fuel efficiency optimization.

The surge in crude oil and natural gas production is expected to drive the growth of the gas generator sets market. Crude oil and natural gas production involves extracting oil and gas from underground reservoirs for energy supply, industrial use, and fuel applications. Rising global energy demand is encouraging producers to expand extraction activities, which in turn increases the need for reliable on-site power solutions to support exploration and drilling operations in remote locations. For example, in June 2025, the US Energy Information Administration reported that U.S. crude oil production averaged 13.2 million barrels per day in 2024, up 2% from 2023, while natural gas accounted for about 38% of total U.S. energy production, making it the largest domestic energy source. Consequently, the surge in crude oil and natural gas production is boosting demand for gas generator sets.

Companies in the gas generator sets market are prioritizing technological advancements to enhance their market position and improve performance, reliability, and efficiency. For example, in February 2023, Cummins Inc., a US-based company that designs, manufactures, and distributes engines, filtration, and power generation products, announced the addition of two new natural gas generator sets, the C175N6B and C200N6B, to its North American lineup. These models are specifically designed for standby applications. The C175N6B offers 175 kW, while the C200N6B provides 200 kW, making them suitable for various applications, including commercial buildings, healthcare facilities, and public infrastructure.

In August 2024, DEUTZ AG, a Germany-based manufacturer of drive systems for construction, agriculture, commercial machinery, rail, and material-handling equipment, acquired Blue Star Power Systems Inc. for an undisclosed amount. This acquisition provides DEUTZ AG with access to Blue Star's portfolio of diesel and gaseous generator sets, manufacturing operations, distribution network, and customer relationships, enhancing its decentralized power-generation capabilities and strengthening its market presence in North America. Blue Star Power Systems Inc., based in the U.S., specializes in custom generator sets, delivering reliable standby and prime power solutions for commercial and industrial applications.

Major companies operating in the gas generator sets market are Cummins Inc., Kohler Co., Generac Power Systems Inc., Caterpillar Inc., Siemens AG, Rolls-Royce Power Systems AG, Wartsila Corporation, Mitsubishi Heavy Industries Ltd., Yanmar Co. Ltd., Himoinsa S.L., MAN Energy Solutions SE, INNIO Group, Baudouin, JCB Power Products Ltd., Atlas Copco AB, Volvo Penta, John Deere Power Systems, Scania AB, WhisperPower B.V., Mase Generators, FG Wilson (Engineering) Ltd., SDMO Industries SAS, Hitzinger GmbH

North America was the largest region in the gas generator sets market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gas generator sets market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the gas generator sets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The gas generator sets market consists of revenues earned by entities by providing services such as powering RVs, boats and workshops without electrical wiring. The market value includes the value of related goods sold by the service provider or included within the service offering. The gas generator sets market also includes sales of fossil-fuel energy source generators such as gasoline, diesel fuel, biodiesel, emulsified diesel, and natural energy source generators such as propane gas, and solar generators, hydrogen. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Gas Generator Sets Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses gas generator sets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for gas generator sets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The gas generator sets market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Fuel Type: Natural Gas; Biogas; Other Fuel Types
• 2) By Power Rating: Less Than 50 kVA; 51 kVA - 125 kVA; 126 kVA - 200 kVA; 201 kVA - 330 kVA; 331 kVA - 750 kVA; Above 750 kVA
• 3) By Application: Standby; Peak Shaving; Prime Or Continuous
• 4) By End-User: Residential; Industrial; Commercial; Power and Energy; Other End-Users
• Subsegments:
• 1) By Natural Gas: Spark Ignition Gas Generators; Dual-Fuel Generators
• 2) By Biogas: Anaerobic Digestion Systems; Landfill Gas Generators
• 3) By Other Fuel Types: Propane; Synthetic Gas; Hydrogen
• Companies Mentioned: Cummins Inc.; Kohler Co.; Generac Power Systems Inc.; Caterpillar Inc.; Siemens AG; Rolls-Royce Power Systems AG; Wartsila Corporation; Mitsubishi Heavy Industries Ltd.; Yanmar Co. Ltd.; Himoinsa S.L.; MAN Energy Solutions SE; INNIO Group; Baudouin; JCB Power Products Ltd.; Atlas Copco AB; Volvo Penta; John Deere Power Systems; Scania AB; WhisperPower B.V.; Mase Generators; FG Wilson (Engineering) Ltd.; SDMO Industries SAS; Hitzinger GmbH
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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