상용 발전기 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the commercial genset market is expected to grow from USD 13.26 billion in 2025 and USD 14.38 billion in 2026 to USD 21.20 billion by 2031, with a CAGR of 8.07% during the period from 2026 to 2031.

This report is Segmented by Fuel Type (Diesel, Natural Gas, Dual-Fuel and Hybrid, and Others), Power Rating (Below 75 KVA, and More), Application (Standby Power, Prime/Continuous Power, and More), End-User Industry (Commercial Buildings, Data Centers, and More), Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). Market Forecasts are Provided in Value (USD).

Global Commercial Genset Market Trends and Insights

Surge in Hyperscale & Edge Data-Centers

Queue delays at PJM and ERCOT average around eight years, leading operators to secure an estimated 10-12 GW of onsite generation rather than waiting for new transmission infrastructure. In India, the installed data center power capacity increased from 1.4 GW in Q2 2025, with a target of reaching 4-10 GW by 2030, supported by USD 40 billion in new hyperscaler investments. Atlas Energy's USD 840 million order for 1.4 GW of Caterpillar CG260-16 and G3520 natural gas units underscores substantial multi-megawatt behind-the-meter procurement aimed at addressing grid constraints.

Fast-Rising Grid-Constrained Commercial Real-Estate in the US Sun Belt & EU

ERCOT's interconnection queue is projected to reach 226 GW by 2025, with data centers accounting for approximately three-quarters of the backlog. Transmission upgrades are expected to take seven to ten years to complete. Developers in cities such as Austin, Dallas, Phoenix, and Tampa are incorporating prime-power gensets into new constructions, while German offices are installing continuous-duty machines to manage periods of reduced solar and wind energy generation, referred to as Dunkelflaute.

Rapid Fall in Commercial-Scale Battery Prices

Average lithium-iron-phosphate pack pricing decreased by 31% year-over-year to USD 98 per kWh in 2025 and is projected to decline further to USD 72 per kWh by 2028. Data centers now utilize batteries for the initial 30 minutes of outages, reserving gensets for prolonged events and reducing diesel consumption by 15-25%.

Other drivers and restraints analyzed in the detailed report include:

1. Diesel-to-Gas Switch Driven by Tier 4-Final & Euro Stage V Norms
2. Telecom 5G Densification in APAC & Africa
3. Stricter Urban Noise Ordinances on Standby Units

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Natural gas is expected to grow at a compound annual growth rate (CAGR) of 11.4% by 2025, in contrast to diesel's 63.1% share of the commercial genset market. This shift is driven by operators aiming to avoid the expenses associated with Tier 4-Final after-treatment systems. Caterpillar's 1.4 GW Atlas Energy agreement underscores this transition, while hydrogen-blending engines offer a potential route for long-term decarbonization. However, fluctuating LNG indices and the anticipated price tightening in 2027 complicate fuel-hedging strategies for buyers.

Diesel continues to play a critical role in rapid-start standby applications, particularly in hospitals and other life-safety facilities where gas pipeline access is limited. Vendors are addressing compliance costs by offering modular selective catalytic reduction (SCR) kits and ensuring compatibility with bio-diesel. Additionally, hybrid diesel-battery systems, tailored for telecom sites in regions such as Indonesia and Nigeria, incorporate automated load-tracking to enhance engine efficiency, minimize idle emissions, and extend maintenance intervals.

Generator sets above 750 kVA are projected to grow at a CAGR of 10.1%, driven by the demand from multimegawatt data center facilities requiring N+1 redundancy. Atlas Energy's record order for 4.5 MW modules highlights the increasing preference for containerized blocks that can scale up to 100 MW farms.

The mid-range segment of 75-750 kVA is expected to maintain its position as the volume leader, accounting for 49.7% of the market share by 2025. This segment primarily caters to office parks, hotels, and clinics, which are increasingly required to comply with stricter efficiency mandates similar to MEES. Meanwhile, portable units below 75 kVA face competition from battery alternatives. However, rural African 5G network expansions continue to specify 20-50 kW gensets due to grid uptime remaining at approximately 65%.

Complete Report Scope:

• By Fuel Type
  • Diesel
  • Natural Gas
  • Dual-Fuel and Hybrid
  • Others (Renewable/Bio-fuel, LPG, Hydrogen-ready, etc.)
• By Power Rating
  • Below 75 kVA
  • 75 to 750 kVA
  • Above 750 kVA
• By Application
  • Standby Power
  • Prime/Continuous Power
  • Peak-Shaving
  • Rental/Temporary Power
  • Micro-grid and Hybrid Support
• By End-user Industry
  • Commercial Buildings (Offices, Retail, Malls)
  • Data Centers
  • Healthcare Facilities
  • Hospitality (Hotels & Resorts)
  • Education Institutions
  • Telecom (Towers, Edge POPs)
  • Airports & Transportation Hubs
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • NORDIC Countries
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Egypt
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific is projected to hold the largest share of the commercial genset market, accounting for 45.2% in 2025. The growth is driven by India's server-farm expansion, influenced by AWS outages in the Gulf and a USD 40 billion hyperscaler capital expenditure, which is increasing demand in Tier-II cities such as Nagpur and Jaipur. Additionally, Chinese OEMs are gaining traction in mid-tier segments. In Southeast Asia, 5G network expansions, where grid extension costs can reach USD 50,000 per kilometer, are sustaining orders for gensets in the 30 kW-250 kW range.

North America is expected to record the fastest compound annual growth rate (CAGR) at 9.1% through 2031. Grid constraints in the Sun Belt region are driving high demand for prime-duty gensets. For instance, ERCOT's 226 GW project queue and Phoenix's 12% annual load growth highlight structural undersupply, fueling the deployment of multi-megawatt natural gas stations for AI fabs and chip manufacturing plants. In Canada, federal incentives are promoting hydrogen-ready retrofits, while Mexico's USD 20 billion nearshoring initiatives are channeling demand for 1,000 kVA gensets in Monterrey's industrial parks.

Europe is managing its high renewable energy adoption alongside Dunkelflaute risks. In Germany, office buildings are incorporating gas engines into building-scale microgrids. In the United Kingdom, landlords are addressing Minimum Energy Efficiency Standards (MEES) upgrades, which often include backup gensets to support HVAC electrification without requiring grid reinforcement. Nordic mines pilot 100% hydrogen units, and acoustic rules in Paris and Milan make low-noise canopies standard accessories.

1. Aggreko plc
2. Atlas Copco AB
3. Blue Star Power Systems, Inc.
4. Briggs & Stratton Corporation
5. Caterpillar Inc.
6. Cummins Inc.
7. Deutz AG (Power Solutions Division)
8. Doosan Portable Power
9. FG Wilson
10. Generac Holdings Inc.
11. GE Vernova Inc.
12. Honda Motor Co., Ltd.
13. Himoinsa S.L.
14. Kirloskar Oil Engines Limited
15. Kohler Co.
16. Mahindra & Mahindra Limited
17. Mitsubishi Heavy Industries, Ltd.
18. Perkins Engines Company Limited
19. Rolls-Royce Holdings plc (Rolls-Royce Power Systems / MTU)
20. Wartsila Corporation

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Surge in hyperscale & edge data-centers
  • 4.2.2 Fast-rising "grid-constrained" commercial real-estate in US Sun Belt & EU
  • 4.2.3 Diesel-to-gas switch driven by Tier 4-Final & Euro Stage V norms
  • 4.2.4 Telecom 5G densification in APAC & Africa
  • 4.2.5 Adoption of hydrogen-ready and hybrid gensets (diesel-battery-PV)
  • 4.2.6 AI-enabled predictive maintenance reducing TCO
• 4.3 Market Restraints
  • 4.3.1 Rapid fall in commercial-scale battery prices
  • 4.3.2 Stricter urban noise ordinances on standby units
  • 4.3.3 Rising LNG & pipeline gas price volatility post-2024
  • 4.3.4 Accelerating green-lease clauses discouraging onsite fossils
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porters Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Fuel Type
  • 5.1.1 Diesel
  • 5.1.2 Natural Gas
  • 5.1.3 Dual-Fuel and Hybrid
  • 5.1.4 Others (Renewable/Bio-fuel, LPG, Hydrogen-ready, etc.)
• 5.2 By Power Rating
  • 5.2.1 Below 75 kVA
  • 5.2.2 75 to 750 kVA
  • 5.2.3 Above 750 kVA
• 5.3 By Application
  • 5.3.1 Standby Power
  • 5.3.2 Prime/Continuous Power
  • 5.3.3 Peak-Shaving
  • 5.3.4 Rental/Temporary Power
  • 5.3.5 Micro-grid and Hybrid Support
• 5.4 By End-user Industry
  • 5.4.1 Commercial Buildings (Offices, Retail, Malls)
  • 5.4.2 Data Centers
  • 5.4.3 Healthcare Facilities
  • 5.4.4 Hospitality (Hotels & Resorts)
  • 5.4.5 Education Institutions
  • 5.4.6 Telecom (Towers, Edge POPs)
  • 5.4.7 Airports & Transportation Hubs
  • 5.4.8 Others
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 NORDIC Countries
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Egypt
    • 5.5.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Aggreko plc
  • 6.4.2 Atlas Copco AB
  • 6.4.3 Blue Star Power Systems, Inc.
  • 6.4.4 Briggs & Stratton Corporation
  • 6.4.5 Caterpillar Inc.
  • 6.4.6 Cummins Inc.
  • 6.4.7 Deutz AG (Power Solutions Division)
  • 6.4.8 Doosan Portable Power
  • 6.4.9 FG Wilson
  • 6.4.10 Generac Holdings Inc.
  • 6.4.11 GE Vernova Inc.
  • 6.4.12 Honda Motor Co., Ltd.
  • 6.4.13 Himoinsa S.L.
  • 6.4.14 Kirloskar Oil Engines Limited
  • 6.4.15 Kohler Co.
  • 6.4.16 Mahindra & Mahindra Limited
  • 6.4.17 Mitsubishi Heavy Industries, Ltd.
  • 6.4.18 Perkins Engines Company Limited
  • 6.4.19 Rolls-Royce Holdings plc (Rolls-Royce Power Systems / MTU)
  • 6.4.20 Wartsila Corporation

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-need Assessment