The Global Mobile Generators Market Size accounted for USD 1,610.5 Million in 2023 and is estimated to achieve a market size of USD 2,263.7 Million by 2032 growing at a CAGR of 3.9% from 2024 to 2032.

Mobile Generators Market Highlights

• Global mobile generators market revenue is poised to garner USD 2,263.7 million by 2032 with a CAGR of 3.9% from 2024 to 2032
• Asia-Pacific mobile generators market value occupied around USD 547.6 million in 2023
• North America mobile generators market growth will record a CAGR of more than 4.7% from 2024 to 2032
• Among fuel type, the diesel sub-segment generated significant revenue in 2023
• Based on application, the industrial sub-segment generated notable mobile generators market share in 2023
• Development of hybrid mobile generators with reduced emissions is a popular mobile generators market trend that fuels the industry demand

Mobile generators are portable power generation machines that offer electricity in regions where a conventional power system is unavailable or unstable. These units have wheels, trailers, or handles for easy portability, making them useful for a wide range of temporary applications, including construction sites, outdoor events, emergency response scenarios, and disaster recovery. The mobile generators provide a standby solution in case of any emergency. The construction industry and oil & gas industry activities are carried out across the globe on large scale. These activities mostly take place in remote places where power supply is limited. They carry the mobile generators in case of any cut in power supply in order to carry out the work.

Global Mobile Generators Market Dynamics

Market Drivers

• Growing demand for reliable backup power in industrial and residential sectors
• Increasing infrastructure development and construction activities
• Rising frequency of natural disasters and power outages
• Expansion of remote and off-grid operations in mining, oil & gas, and agriculture

Market Restraints

• High initial cost and maintenance requirements
• Environmental concerns over emissions from diesel-based generators
• Advancements in renewable energy and battery storage solutions pose competition to traditional mobile generators

Market Opportunities

• Increasing adoption of mobile generators in emerging economies due to rapid urbanization
• Rising demand for compact and lightweight generators for outdoor recreational activities fuels innovation
• Technological advancements in fuel efficiency and connectivity enhance the appeal of mobile generators

Mobile Generators Market Report Coverage

Mobile Generators Market Insights

Major factors augmenting the growth of the global mobile generators market are speedy industrial development activities in emerging countries, increasing construction and reconstruction activities across the globe, and rising power cut issues is resulting in demand for alternate power source. For instance According to the India Brand Equity Foundation in india, the Interim Budget for 2024-25 increased capital spending in infrastructure by 11.1% to Rs. 11.11 lakh crore (US$ 133.86 billion), or 3.4% of GDP. To encourage more private investment in infrastructure, the government established the Infrastructure Finance Secretariat to assist all stakeholders. In addition, rising oil & gas drilling activities across the globe is resulting in growing demand for mobile generators in order to work in remote location. However, high cost associated to these devices and low power backup are factors hampering the growth of the global mobile generator market. In addition, government regulation related to carbon emission is increasing which is creating a hurdle for players for product approval this is hampering the growth of the global mobile generators market

Advancements in these device and development of cost effective product with high output and long standby time is creating new revenue opportunities that is expected to revenue support the growth of the players in the coming years. In addition, business expansion approach through strategic merger and acquisition among players in order to increase customer base and enhance product portfolio is expected to further support the growth of the target mobile generators market to a certain extent.

Mobile Generators Market Segmentation

The worldwide market for mobile generators is split based on power rating, fuel type, phase, application, and geography.

Mobile Generator Market By Power Rating

• 100–500 kVA
• Below 100 kVA
• Above 500 kVA

According to mobile generators industry analysis, the 100-500 kVA segment is projected to dominate the market because to its diverse applications in various industries. These generators achieve the proper balance between capacity and portability, making them ideal for medium-sized commercial, industrial, and construction applications. Their ability to offer reliable power backup for critical equipment during outages increases their demand. Furthermore, infrastructure construction projects and event management activities commonly call for generators in this power range, increasing their popularity. The 100-500 kVA class also serves emerging countries, where medium-sized businesses require cost-effective and efficient power solutions. As global urbanization and industrialization increase, this sector is expected to gain the largest market share during the forecast period.

Mobile Generator Market By Fuel Type

• Gasoline
• Diesel
• Gas

The product type segment of the global mobile generators market is segmented into gasoline generator, diesel generator, and gas generator. The diesel segment is expected to account for higher revenue share owing to easy availability, and various advantages such as longer service life, support heavy load, and longer standby time. In addition, demand from various industries vertical such as construction, oil & gas, mining is expected to further support the segment growth. For instance according to the PwC, 2022 revenue of the top 40 mining corporations remained steady at US$711 billion.

Mobile Generator Market By Phase

• Three-Phase Generators
• Single-Phase Generators

The three-phase generators segment is predicted to dominate the mobile generators market due to its improved efficiency and capacity to manage large electrical loads. These generators are commonly utilized in industrial, commercial, and large-scale construction applications that require reliable and high-capacity electricity. Their capacity to provide a consistent power supply over three wires makes them excellent for powering large machinery and sophisticated equipment. Furthermore, three-phase generators are chosen because they have reduced energy losses and better power distribution than single-phase generators. With the increase in global industrialization and infrastructure initiatives, the demand for three-phase generators is expected to skyrocket, ensuring a large market share.

Mobile Generator Market By Application

• Industrial
• Commercial
• Residential
• Emergency and Disaster Relief

The industrial segment is predicted to emerge as the predominant application in the mobile generators market forecast period, owing to its vital role in maintaining continuous power supply for large-scale operations. Industrial establishments, such as manufacturing plants, mining operations, and oil and gas sites, rely significantly on transportable generators to stay operational during power outages or in distant areas. The growing global emphasis on infrastructure development and industrialization fuels the demand for powerful and high-capacity generators designed specifically for industrial applications. Furthermore, enterprises frequently demand generators capable of powering heavy gear and equipment, making portable generators essential. This segment's expansion is further aided by the increased use of modern generators built for efficiency and sustainability in industrial settings.

Mobile Generators Market Regional Outlook

North America

• U.S.
• Canada

Europe

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

Asia-Pacific

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

Latin America

• Brazil
• Mexico
• Rest of LATAM

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Mobile Generators Market Regional Analysis

The Asia-Pacific mobile generators market is anticipated to account for high revenue share as compared to other market, owing to rising demand form construction sector. Construction sector is expecting a growth in emerging economies such as India and China. Various housing projects, infrastructure development projects are carried out in this region that need constant power supply. For instance According to the India Brand Equity Foundation India must improve its infrastructure to meet its 2025 economic growth objective of $5 trillion. Power cut extends the project time and money thus contractors are inclining towards adoption of mobile generators that support the work in case of any power cut. Moreover, rising oil & gas drilling activities in remote areas is expected to increase demand for mobile generators thus supporting the target market growth in this region.

North America market is expected to witness rapid growth this can be attributed to increasing demand from rising number of outdoor event and activities, coupled with demand for mobile generators that will support these activities in remote areas. In addition, well-developed healthcare sector, growing number of surgeries is propelling the demand of mobile generators in case of emergency is expected to further boost growth of the market in this region. Moreover, demand from oil & gas industry as a standby option is expected to further support the growth. For instance according to the International Energy Agency US oil supply growth continues to defy predictions, with output exceeding 20 million barrels per day. This, paired with record Brazilian and Guyanese production and soaring Iranian flows, will boost global output by 1.8 mb/d to 101.9 mb/d in 2023.

Mobile Generators Market Players

Some of the top mobile generators companies offered in our report include Cummins, Yamaha, Eaton, Kohler, Champion, Generac, Honeywell International, Briggs and Stratton, Mi-T-M, Techtronic Industries, and Honda Power.

TABLE OF CONTENT