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Black Start Generator Market Analysis - Global Industry Size, Share, Trends and Forecast 2020 - 2027

Category : Energy and Power | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC2222

The market for black start generator is expected to grow at a significant pace during the estimated period from 2020 to 2027.

Black Start Generator is a power generation unit that provides the initial power back up to the industry applications without depending on any external electric source. These generators have a minimum power output of generally 20 MW and provide a fast start-up to the primary turbine generators. Additionally, these are widely used in power plants including hydro, thermal, and nuclear plants. This generator helps in the survival of the industrial power plants at the time of complete blackout due to some natural disaster or technical issue. The properties of this generator include easy fuel sourcing, longer life span, and low emissions.

Market Dynamics

The increasing construction and demand for new power plants worldwide, owing to factors like high electricity demand, growing population rising urbanization, and industrialization is supporting the regional market growth. The growing manufacturing sector and construction & reconstruction of power plants due to retiring by regulatory bodies are supporting the market growth. The increasing number of regulatory bodies across the globe and increasing applications and competitive market of black start generators in the oil & gas industry is further bolstering the market value. Additionally, the features associated with the black start generator such as low running cost, quick response, easy fuel sourcing, and longer life are boosting the growth. In addition, new industrial favorable policies set up by the government of some emerging economies are projected to create potential opportunities throughout the forecast period.

On the other side, black start generators have some technical requirements and need proper maintenance for efficient work, as well as low power distribution infrastructure and certain stringent government regulatory policies are some underdeveloped and developing economies are factors projected to hinder the growth to an extent over the forecast period from 2020 to 2027.

Segment Instance

The black start generator market is segmented on the basis of engine type, end-use industry, and geography. Based on engine type, market segments include diesel, gas, and hybrid. By the end-use industry, the market is bifurcated into the power generation industry, hydro, thermal, nuclear, oil & gas industry, manufacturing industry, healthcare, and IT industry. By geography, the market is divided across North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Additionally, the aforementioned regions are further segregated into the major countries of the respective regions.

The rapidly growing manufacturing industries across the globe due to rapid urbanization and simultaneously increasing population is supporting the market growth. The growing oil and gas, manufacturing industry, healthcare, and IT industry of developing economies is further bolstering the market growth.

Asia Pacific accounted for the maximum revenue share in the Black Start Generator market

In 2019, Asia Pacific is leading the market with a major share in terms of revenue (US$ Mn) and also projected to maintain its dominance over the forecast period from 2020 to 2027. The developing industrial infrastructure of the region is supporting regional market growth. The expanding electrical industry due to the increasing population base and rapid urbanization is supporting the regional market growth. The increasing offshore exploration activities due to the increasing demand for oil & gas is further bolstering the regional market growth.

Key Market Players

The players profiled in the report include Aggreko PLC (U.K.), Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), Generac Holdings Inc. (U.S.), General Electric Co. (US), Himoinsa S.L. (Spain), JCB Power Products Broadcrown Ltd. (England), Man Diesel & Turbo Se (Germany), Mitsubishi Heavy Industries Inc. (India), MTU Onsite Energy (Germany). The major market players were involved in mergers and acquisitions, partnerships & collaborations, and new product development for the expansion of market share. For instance, Wolverine Supply Inc. (Wasilla, Alaska) has been awarded a US$ 8,649,500 firm-fixed-price contract for repair of the Blackstart Generator. The contract provides the repair of the Blackstart Generator at the Eielson Air Force Base central heat and power plant. 

Market Segmentation

Market By Engine Type

Diesel

Gas

Hybrid

Market By End Use Industry

Power Generation Industry

Hydro

Thermal

Nuclear

Oil & Gas Industry

Manufacturing Industry

Healthcare

IT Industry

Market By Geography

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa


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