Global Silent Generator Market, By Sound Level (Super Silent, Silent), Type (Portable, Stationary), Power Rating (Upto 25kVA, 25kVA-49kVA, 50kVA-99kVA, 100kVA-499kVA, Above 500kVA), Fuel (Diesel, Natural Gas, Others), Application (Standby and Peak, Prime Mover), End User Industry (Residential, Commercial, Industrial) – Industry Trends and Forecast to 2029
Market Analysis and Size
Silent generators are widely being employed for their generator enclosures as they use composite materials. These enclosures are generally layered with a hard material for reflecting the sound back inside the enclosure. Layers of porous, resilient and soft materials are used.
Global Silent Generator Market was valued at USD 2,900.00 million in 2021 and is expected to reach USD 5,020.12 million by 2029, registering a CAGR of 7.10% during the forecast period of 2022-2029. Upto 25kVA accounts for the most prominent end user segment in the respective market owing to growing oil and gas and healthcare industries. The market report curated by the Data Bridge Market Research team includes technological advancements, regulatory framework, PESTEL, porter's five forces analysis, industry standards-at a glance, raw material costs/ operational expenditure-overview, supply chain analysis, vendor selection criteria, pricing analysis, production analysis, and climate chain scenario.
Market Definition
Silent generators refer to the generators that are known to be portable, compact, and operate silently with a normal running time. These generators are being preferred for providing clean electricity for small domestic operations on mobile vans. They operate inside a soundproof container or generator enclosure and absorbs the sound that customers, employees, workers, and other members of the public generally hear.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Sound Level (Super Silent, Silent), Type (Portable, Stationary), Power Rating (Upto 25kVA, 25kVA-49kVA, 50kVA-99kVA, 100kVA-499kVA, Above 500kVA), Fuel (Diesel, Natural Gas, Others), Application (Standby and Peak, Prime Mover), End User Industry (Residential, Commercial, Industrial)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Poland, Norway, Finland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Nigeria, Algeria, Angola, Ghana, Rest of Middle East and Africa
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Market Players Covered
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Active Aerogels (Portugal), Aspen Aerogels, Inc. (US), BASF SE (Germany), Cabot Corporation (US), Green Earth Aerogel Technologies (Spain), DuPont (US), HUATAO GROUP LTD. (China), ENERSENS (France), Svenska Aerogel AB (Sweden), Dow (US), JIOS Aerogel Corporation (South Korea), PBM Insulations Pvt. Ltd. (India), Acoustiblok UK (UK), Armacell (Europe), Thermablok Aerogels Limited (UK), Arkema (France), Solvay (Belgium), and American Aerogel Corporation (US), among others
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Market Opportunities
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Silent Generator Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Increase in demand for quality silent generators
The rise in demand for silent generators owing to their quiet and reliable operation acts as one of the major factors driving the growth of silent generator market. End users are preferring silent generators over un-containerized diesel generators has a positive impact on the market.
- Volatile Rates of Electricity
The rise global population increasing demand for electricity accelerate the market growth. Electricity rates are inherently volatile and they fluctuate monthly, annually and seasonally. The electricity prices have increased in the past years that further escalates demand for silent generators.
- Expansion of Urban Settlements
The rapid expansion of urban settlements further influence the market. The increase in demand for silent generators due to for continuous and stable power supply and rapid industrialization assists in the growth of the market.
Additionally, the surge in investments, expansion of oil and gas sector, and urbanization in the developing economies positively affect the silent generator market.
Opportunities
Furthermore, electrification of rural areas to provide electricity in developing countries extend profitable opportunities to the market players 2022 to 2029. Also, trend of distributed power generation will further expand the market.
Restraints/Challenges faced by the Silent Generator Market
On the other hand, adoption of energy storage technologies and renewable energy sources, along with limited power generation capacity are expected to obstruct the market. Also, stringent government regulations associated with all generators and shortage of components used in manufacturing generators are projected to challenge the silent generator market in the forecast period of 2022-2029.
This silent generator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the silent generator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 had a minimal Impact on Silent Generator Market
The market for non-essential items got immensely affected during the Covid-19 lockdown. A decline in demand for silent generators was witnessed due to the restrictions on transportation and movement of logistic vehicles. The demand for new noiseless generator buying and installations decreases with the shutting down of other commercial points. The up-gradation of industrial units also stopped during the period of pandemic. However, demand for soundless generators increased among general people staying at home longer than before. The silent generator market is expected to witness high growth due to the growing number of small silent generators.
Recent Development
- Cummins Inc (US) launched QG 2800i and 2500i in January’2021. These are 60% quieter RV inverter generators for the recreational vehicle market. These generators run on gasoline and liquid propane (LP).
- Rolls-Royce announced investments of up to USD 13.9 million in Power Systems business unit in November’2020. The investment was done for the addition of a new R&D building and multi-phase expansion in Mankato, Minnesota (US).
Global Silent Generator Market Scope
The silent generators market is segmented on the basis of sound level, type, power rating, fuel, application and end user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Sound Level
- Super Silent
- Silent
Type
- Portable
- Stationary
Power Rating
- Upto 25kVA
- 25kVA-49kVA
- 50kVA-99kVA
- 100kVA-499kVA
- Above 500kVA
Fuel
- Diesel
- Natural Gas
- Others
- Petrol
- LPG
- Biodiesel
- Coal Gas
- Producer Gas
- Propane Gas
Application
- Standby and Peak
- Prime Mover
End User Industry
- Residential
- Commercial
- Industrial
Silent Generator Market Regional Analysis/Insights
The silent generators market is analyzed and market size insights and trends are provided by country, sound level, type, power rating, fuel, application and end user industry as referenced above.
The countries covered in the silent generators market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Poland, Norway, Finland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Nigeria, Algeria, Angola, Ghana, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
North America dominates the silent generators market because of the rise in construction activities and increase in urbanization within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the implementation of energy efficiency policy mandates all buildings across countries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Silent Generator Market Share Analysis
The silent generators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to silent generators market.
Some of the major players operating in the silent generators market are
- Cummins Inc. (US)
- Rolls-Royce plc (UK)
- Atlas Copco (India) Ltd.
- Generac Power Systems, Inc (US)
- Honda India (India)
- MAHINDRA POWEROL. (India)
- Multiquip Inc.
- Greaves Cotton Limited. (US)
- YANMAR HOLDINGS Co., Ltd. (Japan)
- Huu Toan (Vietnam)
- HIMOINSA (Spain)
- Jakson Group (India)
- Greaves Cotton Limited. (India)
- JIANGXI VIGOROUS NEW ENERGY TECHNOLOGY CO., LTD (China)
- Generac Power Systems, Inc. (US)
- Kirloskar (India)
- Multiquip Inc. (US)
- Kingsway Group (UK)
- Yamaha Generators. (Japan)
- Constant Power Solutions Ltd (UK)
- KUBOTA Corporation. (Japan)
- Sichuan Yatu Generator Manufacturing Co., Ltd. (China)
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