Global Single-phase Generator market cagr 13.3%

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Single-phase Generator Market

Single-phase Generator Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Single-phase Generator Market Size and Growth

The single-phase generator market is experiencing steady growth, driven by rising demand in residential and small commercial applications. In 2023, the market size is estimated at approximately $3.5 billion, with a projected CAGR of 4.5% through 2030. Key factors include increased power reliability needs and advancements in generator technology. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Caterpillar

◍ Cummins

◍ Mitsubishi Heavy Industries

◍ BRIGGS and STRATTON

◍ Himoinsa

◍ Kirloskar

◍ Kohler

◍ MQ Power Corporation

◍ Yanmar

The single-phase generator market features key players like Caterpillar, Cummins, and Kohler, leveraging innovation and efficiency. Companies such as Briggs & Stratton and Yanmar enhance product offerings, driving growth. Notable sales figures include:

- Caterpillar: $51 billion (2022)

- Cummins: $24 billion (2022)

- Kohler: $1.5 billion (2021).

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Market Segmentation

By Application

Building

Industrial

Other

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By Product

Gasoline Generator

Diesel Generator

Market Growth

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$ X Billion USD

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