How Big is the Gas Generator Market | Revenue, Segmentation & Growth Drivers 2025

Q: How big is the gas generator market?

The gas generator market was estimated at USD 6.8 billion in 2024 and is projected to reach USD 10.7 billion by 2031.

Q: What factors are driving the gas generator market?

Primary drivers include power reliability needs, clean energy preference, and infrastructure expansion

Q: Who are the top companies in the gas generator market?

Major players include Caterpillar, Cummins, Generac, Kohler, and GE Power

Q: What are some recent trends in the market?

Trends include hybrid gas generators, biogas systems, remote monitoring, and smart energy integration

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6107

Publication Date: Jul 2025

What is the size of the Gas Generator Market?

According to 6Wresearch internal database and industry insights, the Global Gas Generator Market was estimated at USD 6.8 billion in 2024 and is projected to reach USD 10.7 billion by 2031, growing at a CAGR of 5.3 % during the forecast period 2025â€“2031.

Due to increasing demand for backup power, rising power outages, and growing adoption of gas-based energy systems globally, the gas generator market is predicted for the strong growth in the coming years.

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Key Growth Drivers of the Gas Generator Market

Rising demand for reliable backup power in residential and commercial sectors
Growth in industrialization and infrastructure development
Preference for cleaner fuels over diesel alternatives
Expansion of gas pipeline networks and availability of natural gas
Increased frequency of weather-related power disruptions

Gas Generator Market Trends

Gas generator market is experiencing the steady growth with rising shift toward natural gas and biogas-fuelled generators due to lower emissions. Another trend is the increasing demand of portable and standby gas generators. At the other side, the remote monitoring, automation, and integration with energy management systems are gaining traction for efficient power usage. Collectively, all these trends are reshaping the dynamics of the market.

Emerging Developments in the Gas Generator Market

Gas generator market is seeing developments such as launching hybrid gas generators with smart grid compatibility by the manufacturers. Hydrogen-ready units and noise-reduction technologies are being introduced. Other development such as scalable modular systems and demand for microgrid support is creating new opportunities for gas generator vendors. Together, these developments are making the bigger presence of the market worldwide.