Global Gasoline Gensets Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Power Rating;

2 kVA, 2-3.5 kVA, 3.5-5 kVA, 5-6.5 kVA, 6.5-8 kVA, and 8-15 kVA.

By Phase;

Single phase, and Three phase.

By End Use;

Residential, Commercial, and Construction.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn759241853 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Gasoline Gensets Market (USD Million), 2021 - 2031

In the year 2024, the Global Gasoline Gensets Market was valued at USD 3,750.60 million. The size of this market is expected to increase to USD 5,492.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global gasoline gensets market has been witnessing steady growth over the years, fueled by a myriad of factors ranging from increasing demand for reliable power sources to the burgeoning construction and infrastructure sectors worldwide. Gasoline gensets, also known as petrol generators, are portable power solutions that find extensive applications in both residential and commercial settings. These generators provide a convenient backup power source during outages and are widely utilized in areas with unreliable electricity supply or off-grid locations.

One of the primary drivers propelling the growth of the gasoline gensets market is the escalating frequency of power outages due to aging power infrastructure and natural disasters. As businesses and households seek uninterrupted power supply, gasoline gensets emerge as a reliable option, offering quick and efficient power generation during emergencies. Moreover, the growing adoption of gasoline gensets in construction sites, outdoor events, and recreational activities further contributes to market expansion.

In addition to reliability and portability, technological advancements have significantly enhanced the efficiency and performance of gasoline gensets, fostering their adoption across various industries. Manufacturers are increasingly focusing on developing eco-friendly and fuel-efficient gensets to address environmental concerns and comply with stringent regulations. Furthermore, the advent of smart gensets integrated with advanced monitoring and control systems is poised to revolutionize the gasoline gensets market, offering remote operation and real-time diagnostics.

Geographically, Asia Pacific dominates the global gasoline gensets market, driven by rapid urbanization, industrialization, and infrastructural development across emerging economies like China and India. The region's growing population and expanding commercial sector underscore the need for reliable power backup solutions, thereby fueling the demand for gasoline gensets. Moreover, initiatives aimed at rural electrification and the establishment of microgrids in remote areas are expected to further bolster market growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Power Rating
    2. Market Snapshot, By Phase
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Gasoline Gensets Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing energy demand
        2. Increasing frequency of power outages
        3. Expansion of industrial infrastructure
        4. Rising adoption of backup power
      2. Restraints
        1. Stringent emissions regulations
        2. Fluctuating fuel prices
        3. Competition from renewable energy sources
        4. Limited availability of natural gas
      3. Opportunities
        1. Technological advancements in gensets
        2. Expansion in remote and off-grid areas
        3. Demand from construction and mining sectors
        4. Shift towards cleaner fuel options
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gasoline Gensets Market, By Power Rating, 2021 - 2031 (USD Million)
      1. 2 kVA
      2. 2-3.5 kVA
      3. 3.5-5 kVA
      4. 5-6.5 kVA
      5. 6.5-8 kVA
      6. 8-15 kVA
    2. Global Gasoline Gensets Market, By Phase, 2021 - 2031 (USD Million)
      1. Single phase
      2. Three phase
    3. Global Gasoline Gensets Market, By End Use, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Construction
    4. Global Gasoline Gensets Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Caterpillar Inc
      2. Cummins Inc
      3. Generac Power Systems
      4. Kohler Co
      5. Briggs & Stratton Corporation
      6. Honda Motor Co., Ltd
      7. Yamaha Motor Co., Ltd
      8. Wärtsilä Corporation
      9. Kirloskar Oil Engines Limited
      10. Mitsubishi Heavy Industries, Ltd
  7. Analyst Views
  8. Future Outlook of the Market