According to our (Global Info Research) latest study, the global General Purpose Generator market size was valued at US$ 10660 million in 2024 and is forecast to a readjusted size of USD 14320 million by 2031 with a CAGR of 4.0% during review period.
A General Purpose Generator is a versatile, portable, or stationary device designed to produce electrical power for a wide range of applications. Unlike specialized generators tailored for specific tasks, general-purpose generators provide flexible power solutions for various needs, making them suitable for use in homes, small businesses, construction sites, and recreational activities.
Increasing Demand for Uninterrupted Power Supply: Frequent power outages due to natural disasters and aging infrastructure have heightened the need for reliable backup power solutions. Consumers and businesses are investing in generators to ensure continuity during electrical disruptions.
Growth in Outdoor and Recreational Activities: The rising popularity of outdoor pursuits such as camping and tailgating has increased the demand for portable generators. These devices provide essential power for appliances and electronic devices in remote locations.
Industrial and Commercial Expansion: Rapid industrialization and the expansion of commercial sectors, especially in emerging economies, have led to a surge in demand for generators to support operations in areas with unreliable power supply.
Technological Advancements: Innovations in generator technology, including enhanced fuel efficiency, reduced noise levels, and improved portability, have made general purpose generators more appealing to a broader consumer base.
Stringent Environmental Regulations: The implementation of environmental policies aimed at reducing emissions has driven the development of eco-friendly generators, influencing market dynamics.
Increased Awareness of Emergency Preparedness: Heightened awareness of the importance of emergency preparedness has led households and businesses to invest in generators as part of their contingency planning.
This report is a detailed and comprehensive analysis for global General Purpose Generator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global General Purpose Generator market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global General Purpose Generator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global General Purpose Generator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global General Purpose Generator market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for General Purpose Generator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global General Purpose Generator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Generac, Cummins, Caterpillar, MTU, Atlas Copco, Honda Power Equipment, Multiquip, Kohler, Wacker Neuson, Briggs & Stratton, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
General Purpose Generator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Natural Gas
Gasoline
Diesel Fuel
Other
Market segment by Application
Residential
Commercial
Industrial
Major players covered
Generac
Cummins
Caterpillar
MTU
Atlas Copco
Honda Power Equipment
Multiquip
Kohler
Wacker Neuson
Briggs & Stratton
Yamaha
Eaton
Grupel
Hipower Systems
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe General Purpose Generator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of General Purpose Generator, with price, sales quantity, revenue, and global market share of General Purpose Generator from 2020 to 2025.
Chapter 3, the General Purpose Generator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the General Purpose Generator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and General Purpose Generator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of General Purpose Generator.
Chapter 14 and 15, to describe General Purpose Generator sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on General Purpose Generator. Industry analysis & Market Report on General Purpose Generator is a syndicated market report, published as Global General Purpose Generator Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of General Purpose Generator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.