Originally Published on: SpendEdge |Top 5 Market Leaders Involved in the Manufacturing of Generators
Introduction: While energy discussions often focus on steam turbines, wind turbines, and combustion engines, generators quietly take center stage as silent heroes. These devices masterfully convert mechanical energy into electromagnetic energy, fueling electricity from gas turbines, steam turbines, and water turbines. Generators emerge as lifelines during outages, ensuring seamless business operations and manufacturing activities. The APAC region, spotlighted in a recent SpendEdge market intelligence report, emerges as the epicenter of the global generators market, poised for robust growth at 4%-7% by 2022. Generator manufacturers strategically position themselves to capitalize on population growth and increased purchasing power, aiming to expand market share, particularly in countries like China and India.
Top Generator Manufacturers:
Caterpillar: Caterpillar, a global behemoth, stands out as a premier generator manufacturer. Involved in designing, developing, and manufacturing construction equipment, engines, and generators, Caterpillar boasts a diverse range, including diesel generators, gas generators, mobile generators, and more.
Cummins: As a Fortune 500 corporation, Cummins claims a prominent position in the global generators market. Specializing in designing and manufacturing engines, turbochargers, fuel systems, control systems, and electric power generation systems, Cummins commands a vast distribution network covering approximately 190 countries and territories.
Kohler: Renowned for its diverse product line, Kohler, an American manufacturing company, makes a significant impact in the generator manufacturing industry. Their product range encompasses home generators, small business generators, industrial generators, and portable generators.
Generac: Generac, a leading provider of backup power solutions, emerges as a key player in the generator manufacturing arena. Catering to light commercial, residential, and industrial markets, Generac offers standby power, backup generators, portable generators, and maintenance services.
Atlas Copco: A Swedish powerhouse, Atlas Copco, takes the lead in the global generator manufacturing sector. Engaged in the production and distribution of industrial tools, equipment, generators, pumps, compressors, and light towers, the company operates across 20 countries with about 100 production sites.
Conclusion: As unsung heroes in electricity generation, generators from these market leaders play a vital role in ensuring an uninterrupted power supply. With a strategic focus on burgeoning markets, these manufacturers are set to define the future landscape of the global generators market.
