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

 

Empowering the Globe: Amidst the emphasis on energy sources like steam turbines and wind turbines in electricity generation, generators emerge as unsung heroes. Transforming mechanical energy into electromagnetic energy, generators play a pivotal role in producing electricity from diverse sources. This report highlights the APAC region as the primary market for generators, anticipating a growth rate of 4%-7% by 2022.

Top Generator Manufacturers:

  1. Caterpillar: A global powerhouse, Caterpillar excels in designing, developing, and manufacturing construction equipment, engines, and generators. Its extensive range includes diesel generators, gas generators, mobile generators, and more. The introduction of the Cat INV2000 portable inverter generator in 2017 marked a significant expansion in its product line.

  2. Cummins: As a Fortune 500 corporation, Cummins specializes in engines, turbochargers, fuel systems, and electric power generation systems. Operating in around 190 countries, Cummins stands out as a prominent player in the global generator market, with revenues of $17.5 billion in 2016.

  3. Kohler: Renowned for plumbing fixtures, engines, and generators, Kohler is a key player in the generator manufacturing industry. Its product line encompasses home generators, small business generators, industrial generators, and portable generators. The 30RCL 30w generator is a recent addition known for its rapid power restoration.

  4. Generac: A leading provider of backup power solutions, Generac caters to residential, commercial, and industrial markets. The company offers standby power, backup generators, portable generators, and maintenance services. Their product range includes diesel and gaseous generators, bi-fuel generators, transfer switches, and controllers.

  5. Atlas Copco: A Swedish powerhouse, Atlas Copco is a major player in the generator manufacturing industry. Engaged in the production and distribution of industrial tools, equipment, generators, pumps, compressors, and light towers, the company strengthened its position in the US market with the acquisition of C.H. Spencer & Company in 2017.

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