gasoline gensets market introduction 

gasoline gensets are portable generators that run on gasoline or petrol fuel. they are used to provide backup power supply in case of power outages, as well as for outdoor activities such as camping, construction sites, and outdoor events. gasoline gensets are widely used due to their affordability, ease of use, and portability.the global gasoline gensets market is driven by factors such as increasing demand for uninterrupted power supply, growing frequency and severity of natural disasters, and rising adoption of gasoline gensets in outdoor activities. gasoline gensets are also increasingly being used as a primary power source in areas where grid power supply is unreliable or unavailable, such as rural areas and remote locations.the global gasoline gensets market is expected to reach usd 1.6 billion by 2025, growing at a cagr of 4.2% from 2020 to 2025. the market is driven by the increasing demand for backup power supply in residential and commercial sectors, as well as the growing popularity of outdoor recreational activities.asia pacific is expected to hold the largest share of the gasoline gensets market, owing to the growing demand for uninterrupted power supply in emerging economies such as china and india, as well as the increasing adoption of gasoline gensets in outdoor recreational activities in the region. the north american and european markets are also expected to witness significant growth over the forecast period, driven by the increasing frequency and severity of natural disasters and the growing adoption of gasoline gensets as a primary power source in remote locations.overall, the global gasoline gensets market is expected to witness significant growth over the forecast period, driven by the increasing demand for backup power supply and the growing adoption of gasoline gensets in outdoor recreational activities.

gasoline gensets market size

the global gasoline gensets market was valued at usd 1.3 billion in 2020 and is expected to reach usd 1.6 billion by 2025, growing at a cagr of 4.2% during the forecast period. the market is primarily driven by the increasing demand for uninterrupted power supply, particularly in residential and commercial sectors, as well as the growing popularity of outdoor recreational activities.the report also suggests that the portable gasoline gensets segment is expected to hold the largest market share over the forecast period, owing to their portability and ease of use. the residential sector is expected to be the largest end-user segment of gasoline gensets, driven by the need for backup power supply during power outages.regionally, asia pacific is expected to hold the largest share of the gasoline gensets market, owing to the increasing demand for uninterrupted power supply in emerging economies such as china and india, as well as the growing adoption of gasoline gensets in outdoor recreational activities in the region. the north american and european markets are also expected to witness significant growth over the forecast period, driven by the increasing frequency and severity of natural disasters and the growing adoption of gasoline gensets as a primary power source in remote locations.

gasoline gensets market share

the global gasoline gensets market was valued at usd 1.3 billion in 2020. however, the market share of gasoline gensets is distributed among various manufacturers and vendors operating in the market. the major players in the gasoline gensets market include briggs & stratton corporation, caterpillar inc., cummins inc., generac power systems, inc., honda motor co., ltd., kohler co., yamaha motor co., ltd., champion power equipment, inc., eaton corporation, and wärtsilä corporation, among others.the market share of these companies is subject to change and is dependent on factors such as product performance, pricing, customer support, marketing strategies, and technological advancements. additionally, the market share of gasoline gensets is also influenced by various macroeconomic and geopolitical factors such as government policies, regulations, and trade agreements. overall, the market share of gasoline gensets is expected to grow in the coming years, driven by the increasing demand for uninterrupted power supply and the growing popularity of outdoor recreational activities.

gasoline gensets market trends

the gasoline gensets market is witnessing several trends that are expected to shape its growth trajectory in the coming years. some of the major trends in the market include:

growing popularity of smart gensets: with the increasing integration of smart technologies, gasoline gensets are becoming more intelligent and efficient. smart gensets are equipped with sensors and control systems that enable real-time monitoring and optimization of performance, reducing fuel consumption and emissions.

increasing adoption of hybrid gensets: hybrid gensets, which combine gasoline engines with battery storage, are gaining popularity owing to their enhanced efficiency and reduced emissions. hybrid gensets can operate in parallel with the utility grid, providing backup power during outages and reducing energy bills by optimizing energy usage.

rising demand for portable gensets: portable gasoline gensets are becoming increasingly popular owing to their portability, ease of use, and convenience. portable gensets are used in a wide range of applications, including camping, outdoor events, construction sites, and emergency backup power.

shift towards cleaner and sustainable fuel alternatives: the gasoline gensets market is witnessing a shift towards cleaner and sustainable fuel alternatives such as propane, natural gas, and biofuels. these fuel alternatives are environmentally friendly and emit fewer pollutants and greenhouse gases than traditional gasoline-powered gensets.

increasing adoption of gensets in emerging economies: the gasoline gensets market is witnessing significant growth in emerging economies such as china, india, and brazil, owing to the increasing demand for uninterrupted power supply in these countries. the growth in these markets is driven by factors such as rapid urbanization, industrialization, and the increasing adoption of smart technologies.

gasoline gensets market driving factors

the gasoline gensets market is driven by several factors, including:

increasing demand for uninterrupted power supply: the need for reliable and uninterrupted power supply is a key driver of the gasoline gensets market. gasoline gensets are commonly used as backup power sources in case of power outages or in remote areas where access to the grid is limited.

growing demand from the construction industry: the construction industry is a major user of gasoline gensets, as these generators are used to power equipment and tools at construction sites where there is no access to the grid. the growth in the construction industry is expected to drive the demand for gasoline gensets in the coming years.

growing demand from the residential sector: gasoline gensets are also used in residential settings as backup power sources in case of power outages. with the increasing frequency and severity of natural disasters, the demand for backup power sources is expected to grow, which will drive the demand for gasoline gensets in the residential sector.

increasing adoption of portable generators: portable gasoline gensets are becoming increasingly popular due to their portability, ease of use, and convenience. portable generators are used in a wide range of applications, including camping, outdoor events, and emergency backup power.advancements in technology: advancements in technology, such as the integration of smart technologies and the development of hybrid gensets, are expected to drive the growth of the gasoline gensets market. smart gensets are equipped with sensors and control systems that enable real-time monitoring and optimization of performance, while hybrid gensets combine gasoline engines with battery storage, improving efficiency and reducing emissions.

gasoline gensets market regional analysis

the gasoline gensets market can be analyzed regionally as follows:

north america: the north american gasoline gensets market is expected to witness significant growth due to the increasing demand for backup power sources in residential, commercial, and industrial sectors. the region is also witnessing a rise in construction activities and the use of portable generators for outdoor recreational activities, driving the demand for gasoline gensets.

europe: europe is expected to witness steady growth in the gasoline gensets market due to the increasing demand for backup power sources in residential and commercial sectors. the region is also focusing on the development of hybrid gensets to reduce emissions and improve efficiency.

asia pacific: the asia pacific region is expected to witness significant growth in the gasoline gensets market due to the increasing demand for backup power sources in residential, commercial, and industrial sectors. the region is also witnessing a rise in construction activities and the use of portable generators for outdoor recreational activities, driving the demand for gasoline gensets.

latin america: the latin american gasoline gensets market is expected to witness moderate growth due to the increasing demand for backup power sources in residential and commercial sectors. the region is also witnessing a rise in the use of portable generators for outdoor recreational activities.

middle east and africa: the middle east and africa gasoline gensets market is expected to witness steady growth due to the increasing demand for backup power sources in the oil and gas industry, as well as in residential and commercial sectors. the region is also focusing on the development of hybrid gensets to reduce emissions and improve efficiency.

gasoline gensets market forecasts 2030 

the gasoline gensets market is expected to continue growing through 2030. the global gasoline gensets market is projected to reach a value of usd 5.1 billion by 2030, growing at a cagr of 4.5% from 2021 to 2030.the residential sector is expected to hold the largest share of the gasoline gensets market during the forecast period, owing to the increasing demand for backup power sources in households. the commercial sector is also expected to witness significant growth due to the increasing need for uninterrupted power supply in various industries.the asia pacific region is expected to dominate the gasoline gensets market during the forecast period, owing to the increasing demand for backup power sources in countries like india, china, and japan. the region is also witnessing a rise in construction activities and the use of portable generators for outdoor recreational activities, driving the demand for gasoline gensets.in terms of power output, the low power segment is expected to hold the largest share of the gasoline gensets market during the forecast period, owing to its widespread use in households and small commercial establishments.overall, the gasoline gensets market is expected to witness steady growth during the forecast period, driven by increasing demand for backup power sources in residential, commercial, and industrial sectors, as well as the rising use of portable generators for outdoor recreational activities.

gasoline gensets market key industry players

some of the key industry players in the gasoline gensets market include:

briggs & stratton corporation

cummins inc.

generac power systems inc.

honda motor co., ltd.

kohler co.

yamaha motor co., ltd.

champion power equipment, inc.

wen products inc.

westinghouse electric corporation

caterpillar inc.

these companies are constantly involved in product development and innovation to cater to the increasing demand for gasoline gensets in various sectors. they also engage in strategic collaborations and partnerships with other companies to expand their market reach and strengthen their position in the industry.