How big is the Data Center Generator Market?

The Data Center Generator Market size is expected to reach USD 7.22 billion in 2024 and grow at a CAGR of 4.85% to reach USD 9.14 billion by 2029. Read More

What is the current Data Center Generator Market size?

In 2024, the Data Center Generator Market size is expected to reach USD 7.22 billion. Read More

Who are the key players in Data Center Generator Market?

Caterpillar Inc., Atlas Copco AB, Cummins Inc., HITEC Power Protection BV (Air Water Inc. ) and Himoinsa SL are the major companies operating in the Data Center Generator Market. Read More

Which is the fastest growing region in Data Center Generator Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Data Center Generator Market?

In 2024, the North America accounts for the largest market share in Data Center Generator Market. Read More

What years does this Data Center Generator Market cover, and what was the market size in 2023?

In 2023, the Data Center Generator Market size was estimated at USD 6.87 billion. The report covers the Data Center Generator Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Center Generator Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Data Center Generator Market Report | Industry Analysis, Size & Forecast

Data Center Generator Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Data Center Backup Generator Market Report is Segmented by Product Type (Diesel, Natural Gas, and Other Product Types), Capacity (Less Than 1MW, 1-2MW, Greater Than 2MW), Tier (Tier I and II, Tier III, Tier IV), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Data Center Generator Industry Overview

The data center generator market is fragmented, with many large, technologically advanced players, such as Caterpillar, Cummins, Atlas Copco AB, HITEC Power Protection BV (Air Water Inc.), Himoinsa SL, etc. The rivalry is expected to be on the higher side. Market penetration is growing with the strong presence of major players in established markets. With the increasing focus on innovation, the demand for generators with different capacities is growing, which, in turn, is driving investments for further developments.

In December 2023, Cummins Inc. announced the launch of C1760D5, C1875D5, and C2000D5B generator models between 1700 kVA and 2000 kVA. The new models launched by the company are powered with the KTA50 engine series, designed and optimized for diverse power applications.

In October 2023, Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of Mitsubishi Heavy Industries (MHI) Group, approved its engine products for use with Hydrotreated Vegetable Oil (HVO). MHI Group is pursuing to achieve net zero CO2 emission by 2040 according to its declaration of "MISSION NET ZERO," and the approval of HVO aligns the effort.