Key Insights
The European gas generator sets market, valued at €529.90 million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 5.98% from 2025 to 2033. This expansion is fueled by increasing electricity demand across residential, commercial, and industrial sectors, particularly in countries like Germany, France, and the United Kingdom. The rising need for backup power solutions during grid outages and the growing adoption of gas generators due to their relatively lower emissions compared to diesel counterparts are key drivers. Furthermore, advancements in technology leading to more efficient and environmentally friendly gas generator sets are contributing to market growth. The market is segmented by capacity (less than 75 kVA, 75-375 kVA, and more than 375 kVA), catering to diverse power requirements. The industrial sector is expected to dominate the end-user segment owing to its substantial power needs and reliance on uninterrupted operations. Leading players like MTU Onsite Energy Corp, Caterpillar Inc, and Cummins Inc are actively shaping the market landscape through technological innovation and strategic partnerships. However, stringent emission regulations and the increasing competition from renewable energy sources pose potential challenges to market growth. The market's geographic spread across Europe sees Germany, France, Italy, the United Kingdom, and the Netherlands as significant contributors, with Germany likely leading due to its strong industrial base and energy infrastructure.
The forecast period (2025-2033) suggests continued expansion driven by robust economic growth in several European nations and ongoing investments in infrastructure development. The sustained demand for reliable power solutions, coupled with technological improvements focusing on enhanced efficiency and reduced environmental impact, will further stimulate market growth. However, the market’s trajectory is subject to geopolitical factors, fluctuating energy prices, and the broader adoption of renewable energy technologies, requiring a nuanced approach to understanding market dynamics. Specific growth within segments will be influenced by government policies supporting renewable integration and industrial sector investments. Competitive intensity among established players and new entrants will influence pricing strategies and technological innovation, shaping the market's future landscape.
Europe Gas Generator Sets Industry: A Comprehensive Market Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Europe gas generator sets industry, covering market size, segmentation, competitive landscape, and future growth prospects. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. The report offers actionable insights for industry stakeholders, including manufacturers, distributors, investors, and policymakers.
Europe Gas Generator Sets Industry Market Concentration & Innovation
The European gas generator sets market exhibits a moderately concentrated landscape, with a few major players holding significant market share. Key players include MTU Onsite Energy Corp, Caterpillar Inc, Cummins Inc, FG Wilson Power Equipment Co Ltd, Himoinsa sl, Green Power Systems Srl, Cipriani Srl, Generac Holdings Inc, Genesal Energy, and Aggreko plc. However, the market also includes numerous smaller regional players. Market share data for 2024 indicates that the top five players collectively hold approximately xx% of the market, highlighting both consolidation and opportunities for smaller, specialized companies.
Innovation is driven by stricter emission regulations, increasing demand for fuel efficiency, and the growing need for reliable power solutions in diverse applications. Major advancements include the development of cleaner-burning gas engines, improved control systems for enhanced efficiency, and the integration of smart technologies for remote monitoring and diagnostics. The average M&A deal value in the sector over the historical period (2019-2024) was approximately xx Million, indicating considerable investor interest and industry consolidation.
- Market Concentration: Top 5 players hold approximately xx% market share (2024).
- Innovation Drivers: Emission regulations, fuel efficiency demands, smart technologies.
- M&A Activity: Average deal value (2019-2024): xx Million.
- Regulatory Framework: Stringent emission standards are shaping technological advancements.
- Product Substitutes: Renewable energy sources (solar, wind) pose some competitive pressure.
- End-User Trends: Growing demand from commercial and industrial sectors.
Europe Gas Generator Sets Industry Industry Trends & Insights
The Europe gas generator sets market is experiencing steady growth, driven by factors such as increasing energy demand, infrastructure development, and rising industrialization. The market witnessed a CAGR of xx% during the historical period (2019-2024) and is projected to maintain a CAGR of xx% during the forecast period (2025-2033). This growth is fueled by the growing need for backup power in various sectors, including residential, commercial, and industrial applications. The market penetration of gas generators is particularly high in regions with unreliable grid infrastructure. Technological advancements like the adoption of cleaner-burning gas engines and smart technologies are also driving market growth. However, the market faces challenges from increasing competition from renewable energy sources and fluctuating gas prices. Consumer preferences are shifting toward energy-efficient and environmentally friendly solutions. The competitive dynamics are characterized by intense competition among established players and the emergence of new entrants focusing on niche segments.
Dominant Markets & Segments in Europe Gas Generator Sets Industry
Germany and the UK are the dominant markets within Europe, driven by strong industrial sectors and robust infrastructure development. The industrial sector accounts for the largest segment of end-user demand, while the "Between 75-375 kVA" capacity segment holds the highest market share due to its widespread suitability for commercial and industrial applications.
- Leading Region: Western Europe (Germany and UK)
- Dominant End-User: Industrial
- Dominant Capacity Segment: Between 75-375 kVA
Key Drivers for Dominant Markets/Segments:
- Germany: Strong industrial base, supportive government policies for energy infrastructure.
- UK: Significant investments in infrastructure projects, rising energy demands.
- Industrial Sector: High demand for backup power in manufacturing, data centers, and other critical facilities.
- 75-375 kVA Segment: Versatile capacity range suitable for numerous applications.
Europe Gas Generator Sets Industry Product Developments
Recent product innovations focus on enhancing fuel efficiency, reducing emissions, and improving reliability. Manufacturers are integrating advanced control systems, incorporating smart technologies for remote monitoring, and offering customized solutions to meet specific customer needs. These developments improve the market fit by addressing environmental concerns and providing greater operational efficiency. The focus on smaller, quieter generators also caters to the expanding residential segment.
Report Scope & Segmentation Analysis
This report segments the Europe gas generator sets market by capacity (Less than 75 kVA, Between 75-375 kVA, More than 375 kVA) and end-user (Residential, Commercial, Industrial). Each segment presents unique growth opportunities and competitive dynamics. For instance, the "More than 375 kVA" capacity segment is projected to experience significant growth driven by large-scale industrial projects, but faces higher competition due to the presence of established players. The residential segment is showing modest growth driven by increasing demand for home backup power.
Key Drivers of Europe Gas Generator Sets Industry Growth
The Europe gas generator sets market is driven by a combination of factors, including the increasing demand for reliable power sources, particularly in regions with unreliable grid infrastructure. Growth is also fueled by industrial expansion, rising urbanization, and the growing need for backup power solutions in various sectors, from residential to large-scale industrial operations. Government initiatives promoting energy security and infrastructure development further support the market’s growth.
Challenges in the Europe Gas Generator Sets Industry Sector
The industry faces challenges such as stringent emission regulations, which necessitate continuous technological advancements to meet stricter standards. Supply chain disruptions and fluctuations in raw material prices can also impact profitability. Furthermore, intense competition from established players and the rise of alternative energy sources pose significant challenges. The estimated impact of these challenges on market growth in 2025 is projected to be around xx% reduction in overall growth.
Emerging Opportunities in Europe Gas Generator Sets Industry
Emerging opportunities exist in the development and adoption of hybrid power systems that integrate gas generators with renewable energy sources. The increasing demand for energy-efficient and environmentally friendly solutions opens avenues for innovative products that meet these requirements. Furthermore, the expansion into emerging markets within Europe, coupled with the increasing adoption of smart technologies and digitalization, presents significant opportunities for growth.
Leading Players in the Europe Gas Generator Sets Industry Market
- MTU Onsite Energy Corp
- Caterpillar Inc
- Cummins Inc
- FG Wilson Power Equipment Co Ltd
- Himoinsa sl
- Green Power Systems Srl
- Cipriani Srl
- Generac Holdings Inc
- Genesal Energy
- Aggreko plc
Key Developments in Europe Gas Generator Sets Industry Industry
- March 2022: Wacker NeusonGroup acquired a majority stake in EnarGroup, strengthening its market position in North-West Europe.
- April 2022: DTGen acquired the sales and projects division of Power Electrics Generators, expanding its UK coverage.
Strategic Outlook for Europe Gas Generator Sets Industry Market
The Europe gas generator sets market is poised for continued growth, driven by sustained demand for reliable power solutions. The focus on technological advancements, particularly in emission reduction and energy efficiency, will shape the future of the industry. Opportunities exist in expanding into new markets, offering customized solutions, and developing innovative hybrid power systems. The market is expected to experience robust growth over the forecast period, driven by these factors.
Europe Gas Generator Sets Industry Segmentation
-
1. Capacity
- 1.1. Less than 75 kVA
- 1.2. Between 75-375 kVA
- 1.3. More than 375 kVA
-
2. End User
- 2.1. Residential
- 2.2. Commercial
- 2.3. Industrial
Europe Gas Generator Sets Industry Segmentation By Geography
- 1. Germany
- 2. Denmark
- 3. Italy
- 4. The United Kingdom
- 5. Rest of Europe
Europe Gas Generator Sets Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 5.98% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Strict Environmental Regulations To Control Air Pollution4.; Increasing Demand for Flexible Transmission of Renewable Power
- 3.3. Market Restrains
- 3.3.1. 4.; High Maintenance and Operating Costs
- 3.4. Market Trends
- 3.4.1. Industrial Sector to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Capacity
- 5.1.1. Less than 75 kVA
- 5.1.2. Between 75-375 kVA
- 5.1.3. More than 375 kVA
- 5.2. Market Analysis, Insights and Forecast - by End User
- 5.2.1. Residential
- 5.2.2. Commercial
- 5.2.3. Industrial
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Germany
- 5.3.2. Denmark
- 5.3.3. Italy
- 5.3.4. The United Kingdom
- 5.3.5. Rest of Europe
- 5.1. Market Analysis, Insights and Forecast - by Capacity
- 6. Germany Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Capacity
- 6.1.1. Less than 75 kVA
- 6.1.2. Between 75-375 kVA
- 6.1.3. More than 375 kVA
- 6.2. Market Analysis, Insights and Forecast - by End User
- 6.2.1. Residential
- 6.2.2. Commercial
- 6.2.3. Industrial
- 6.1. Market Analysis, Insights and Forecast - by Capacity
- 7. Denmark Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Capacity
- 7.1.1. Less than 75 kVA
- 7.1.2. Between 75-375 kVA
- 7.1.3. More than 375 kVA
- 7.2. Market Analysis, Insights and Forecast - by End User
- 7.2.1. Residential
- 7.2.2. Commercial
- 7.2.3. Industrial
- 7.1. Market Analysis, Insights and Forecast - by Capacity
- 8. Italy Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Capacity
- 8.1.1. Less than 75 kVA
- 8.1.2. Between 75-375 kVA
- 8.1.3. More than 375 kVA
- 8.2. Market Analysis, Insights and Forecast - by End User
- 8.2.1. Residential
- 8.2.2. Commercial
- 8.2.3. Industrial
- 8.1. Market Analysis, Insights and Forecast - by Capacity
- 9. The United Kingdom Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Capacity
- 9.1.1. Less than 75 kVA
- 9.1.2. Between 75-375 kVA
- 9.1.3. More than 375 kVA
- 9.2. Market Analysis, Insights and Forecast - by End User
- 9.2.1. Residential
- 9.2.2. Commercial
- 9.2.3. Industrial
- 9.1. Market Analysis, Insights and Forecast - by Capacity
- 10. Rest of Europe Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Capacity
- 10.1.1. Less than 75 kVA
- 10.1.2. Between 75-375 kVA
- 10.1.3. More than 375 kVA
- 10.2. Market Analysis, Insights and Forecast - by End User
- 10.2.1. Residential
- 10.2.2. Commercial
- 10.2.3. Industrial
- 10.1. Market Analysis, Insights and Forecast - by Capacity
- 11. Germany Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 12. France Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 13. Italy Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 14. United Kingdom Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 15. Netherlands Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 16. Sweden Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 17. Rest of Europe Europe Gas Generator Sets Industry Analysis, Insights and Forecast, 2019-2031
- 18. Competitive Analysis
- 18.1. Market Share Analysis 2024
- 18.2. Company Profiles
- 18.2.1 MTU Onsite Energy Corp
- 18.2.1.1. Overview
- 18.2.1.2. Products
- 18.2.1.3. SWOT Analysis
- 18.2.1.4. Recent Developments
- 18.2.1.5. Financials (Based on Availability)
- 18.2.2 Caterpillar Inc
- 18.2.2.1. Overview
- 18.2.2.2. Products
- 18.2.2.3. SWOT Analysis
- 18.2.2.4. Recent Developments
- 18.2.2.5. Financials (Based on Availability)
- 18.2.3 Cummins Inc
- 18.2.3.1. Overview
- 18.2.3.2. Products
- 18.2.3.3. SWOT Analysis
- 18.2.3.4. Recent Developments
- 18.2.3.5. Financials (Based on Availability)
- 18.2.4 FG Wilson Power Equipment Co Ltd*List Not Exhaustive
- 18.2.4.1. Overview
- 18.2.4.2. Products
- 18.2.4.3. SWOT Analysis
- 18.2.4.4. Recent Developments
- 18.2.4.5. Financials (Based on Availability)
- 18.2.5 Himoinsa sl
- 18.2.5.1. Overview
- 18.2.5.2. Products
- 18.2.5.3. SWOT Analysis
- 18.2.5.4. Recent Developments
- 18.2.5.5. Financials (Based on Availability)
- 18.2.6 Green Power Systems Srl
- 18.2.6.1. Overview
- 18.2.6.2. Products
- 18.2.6.3. SWOT Analysis
- 18.2.6.4. Recent Developments
- 18.2.6.5. Financials (Based on Availability)
- 18.2.7 Cipriani Srl
- 18.2.7.1. Overview
- 18.2.7.2. Products
- 18.2.7.3. SWOT Analysis
- 18.2.7.4. Recent Developments
- 18.2.7.5. Financials (Based on Availability)
- 18.2.8 Generac Holdings Inc
- 18.2.8.1. Overview
- 18.2.8.2. Products
- 18.2.8.3. SWOT Analysis
- 18.2.8.4. Recent Developments
- 18.2.8.5. Financials (Based on Availability)
- 18.2.9 Genesal Energy
- 18.2.9.1. Overview
- 18.2.9.2. Products
- 18.2.9.3. SWOT Analysis
- 18.2.9.4. Recent Developments
- 18.2.9.5. Financials (Based on Availability)
- 18.2.10 Aggreko plc
- 18.2.10.1. Overview
- 18.2.10.2. Products
- 18.2.10.3. SWOT Analysis
- 18.2.10.4. Recent Developments
- 18.2.10.5. Financials (Based on Availability)
- 18.2.1 MTU Onsite Energy Corp
List of Figures
- Figure 1: Europe Gas Generator Sets Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Gas Generator Sets Industry Share (%) by Company 2024
List of Tables
- Table 1: Europe Gas Generator Sets Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Gas Generator Sets Industry Revenue Million Forecast, by Capacity 2019 & 2032
- Table 3: Europe Gas Generator Sets Industry Revenue Million Forecast, by End User 2019 & 2032
- Table 4: Europe Gas Generator Sets Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Europe Gas Generator Sets Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Germany Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: France Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Italy Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: United Kingdom Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Netherlands Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Sweden Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Europe Europe Gas Generator Sets Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Europe Gas Generator Sets Industry Revenue Million Forecast, by Capacity 2019 & 2032
- Table 14: Europe Gas Generator Sets Industry Revenue Million Forecast, by End User 2019 & 2032
- Table 15: Europe Gas Generator Sets Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Europe Gas Generator Sets Industry Revenue Million Forecast, by Capacity 2019 & 2032
- Table 17: Europe Gas Generator Sets Industry Revenue Million Forecast, by End User 2019 & 2032
- Table 18: Europe Gas Generator Sets Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Europe Gas Generator Sets Industry Revenue Million Forecast, by Capacity 2019 & 2032
- Table 20: Europe Gas Generator Sets Industry Revenue Million Forecast, by End User 2019 & 2032
- Table 21: Europe Gas Generator Sets Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Europe Gas Generator Sets Industry Revenue Million Forecast, by Capacity 2019 & 2032
- Table 23: Europe Gas Generator Sets Industry Revenue Million Forecast, by End User 2019 & 2032
- Table 24: Europe Gas Generator Sets Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 25: Europe Gas Generator Sets Industry Revenue Million Forecast, by Capacity 2019 & 2032
- Table 26: Europe Gas Generator Sets Industry Revenue Million Forecast, by End User 2019 & 2032
- Table 27: Europe Gas Generator Sets Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Gas Generator Sets Industry?
The projected CAGR is approximately 5.98%.
2. Which companies are prominent players in the Europe Gas Generator Sets Industry?
Key companies in the market include MTU Onsite Energy Corp, Caterpillar Inc, Cummins Inc, FG Wilson Power Equipment Co Ltd*List Not Exhaustive, Himoinsa sl, Green Power Systems Srl, Cipriani Srl, Generac Holdings Inc, Genesal Energy, Aggreko plc.
3. What are the main segments of the Europe Gas Generator Sets Industry?
The market segments include Capacity, End User.
4. Can you provide details about the market size?
The market size is estimated to be USD 529.90 Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Strict Environmental Regulations To Control Air Pollution4.; Increasing Demand for Flexible Transmission of Renewable Power.
6. What are the notable trends driving market growth?
Industrial Sector to Dominate the Market.
7. Are there any restraints impacting market growth?
4.; High Maintenance and Operating Costs.
8. Can you provide examples of recent developments in the market?
April 2022: Glasgow-based diesel and gas generator provider DTGen has agreed to acquire the sales and projects division of Bristol-based Power Electrics Generators company from its owners, John and Andy Pullin. The acquisition added considerable capacity and expertise to diesel generators and extended its national coverage across the United Kingdom, with locations in Scotland, the Midlands, and now the South.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Gas Generator Sets Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Gas Generator Sets Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Gas Generator Sets Industry?
To stay informed about further developments, trends, and reports in the Europe Gas Generator Sets Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
