Originally Published on: SpendEdge |Top 5 Market Leaders Involved in the Manufacturing of Generators

Exploring the Pinnacle Players in Generator Manufacturing

While the limelight often shines on energy sources like steam turbines and wind turbines in electricity generation, generators quietly play a pivotal role under the hood. These critical components tirelessly convert mechanical energy into electromagnetic energy, producing electricity from various sources such as gas turbines, steam turbines, and water turbines. Generators serve as lifelines during power outages, ensuring continuity in business operations and manufacturing activities. The APAC region emerges as a powerhouse in the global generators market, projected to witness a growth rate of 4%-7% by 2022, according to a recent market intelligence report by SpendEdge.

Applications of Generators

Generators, versatile devices converting mechanical energy into electrical energy, find applications across residential, commercial, and industrial sectors. In residential settings, they act as backup power sources during outages, ensuring uninterrupted electricity supply. In commercial and industrial settings, generators provide emergency power for critical operations, preventing downtime and financial losses. Their utility extends to construction sites, outdoor events, and remote locations with limited grid access, playing a crucial role in maintaining productivity, safety, and convenience.

Top Generator Manufacturing Companies

Caterpillar

An American multinational, Caterpillar stands as the world's largest construction equipment manufacturer and a top generator manufacturer. Offering a wide variety, including diesel generators, gas generators, and mobile generators, Caterpillar expanded its product line with the introduction of the portable inverter generator, Cat INV2000, in December 2017.

Cummins

A Fortune 500 corporation, Cummins is a global leader in designing and manufacturing engines, engine-related components, and electric power generation systems. With a vast network of distributors and dealers, Cummins operates in approximately 190 countries, generating revenues of $17.5 billion in 2016.

Kohler

Known for manufacturing plumbing fixtures, furniture, engines, and generators, Kohler is a prominent American company. Their generator product line includes home generators, small business generators, industrial generators, and portable generators. The 30RCL 30w generator stands out for its capability to restore power within 10 seconds.

Generac

A leading backup power solution provider, Generac caters to light commercial, residential, and industrial markets. Offering standby power, backup generators, portable generators, and maintenance services, Generac meets the power needs of consumers and businesses worldwide.

Atlas Copco

A Swedish company, Atlas Copco is among the leading generator manufacturers globally. Involved in the production and distribution of industrial tools, equipment, generators, pumps, compressors, and light towers, Atlas Copco operates at about 100 production sites across 20 countries.

Delve deeper into the generator industry's dynamics by exploring more or stay tuned for upcoming market insights.

Contact us.