Silent Generator Market

According to Stratistics MRC, the Global Silent Generator Market is accounted for $2.81 billion in 2021 and is expected to reach $4.40 billion by 2028 growing at a CAGR of 6.6% during the forecast period. Silent generators are compact, portable, and operate silently with a normal running time of up to 8 hours. These generators are highly preferred to provide clean electricity for small domestic operations or for mobile vans. Most soundproof containers or silent generators employ composite materials for their generator enclosures. These enclosures are layered with a hard material that is intended to reflect the sound back inside the enclosure. Layers of soft, porous, and resilient materials are used, which actually absorb sound energy, in order to enhance the silent operation of these generators.



Market Dynamics:

Driver:

Rising inclination for distributed power generation

The energy demand from distributed energy resources is growing because of factors such as power quality problems, planned rolling blackouts, unexpected utility power outages, and an increase in power costs. Development of distributed power generation technologies increasingly leads to a decentralized energy system within which silent generators help meet local power demand or requirements through the network. Silent gas generators offer higher efficiency and reliable generation capacity, which gives them an edge over other distributed power generation technologies for on-site generation needs and backup power requirements.

Restraint:

Presence of stringent government regulations

To attenuate or minimize the noise produced by the components of diesel generators, the manufacturers should provide an acoustic enclosure. This acts as a major challenge for the emerging and local companies operating in this market. With the decrease in power demand, it is estimated that there would be very negligible investments from the utilities for replacing aging grid infrastructure and new renewable installations. For instance, in India, about 40% of the electricity demand is generated from industrial and commercial establishments, accounting for a higher percentage of sales revenue. However, the pandemic adversely impacted the revenue of distribution utilities.

Opportunity:

Growing manufacturing sector in emerging regions

With rapid urbanization, the demand for goods and services is increasing, propelling the growth of the manufacturing sector. Besides, the governments of various Asian countries have signed extra-regional trade deals to position themselves as global manufacturing hubs. For instance, according to the ASEAN Economic Community (AEC), the Regional Comprehensive Economic Partnership (RCEP), if successfully implemented, would be a positive step toward a broader Free Trade Area of the Asia Pacific (FTAAP). It can serve as a convenient intergovernmental forum on free trade, boost the growth of various industries, as well as supplement the development of the manufacturing sector in the region. The growth of the manufacturing sector drives the demand for silent generators, as the aging transmission and distribution infrastructure in the sector is unable to meet its demands for continuous and reliable power supply. Thus, Asia Pacific has seen a growing demand for generators in the manufacturing sector, and the silent generator market is expected to flourish due to the need to prevent noise pollution.

Threat:

Rising upgradation of T&D infrastructure and adoption of renewable energy sources

Power generation through silent portable generator is limited and can only be used as an alternative to a regular power supply. The power generated through this generator can be used for temporary and emergency purposes and cannot replace the power supply from utilities. Generators can handle only a limited load; for increased loads, generators with higher power ratings or additional generators are required. However, with the increase in load, the corresponding size of the silent portable generator also increases, thus affecting mobility. Silent portable units are mainly designed for temporary use with an average run time of less than 12 hours. Several supportive policies and mandates have been introduced worldwide to implement smart grids and spread awareness regarding energy conservation. These regulations are driving the growth of the smart grid market in application areas belonging to the industrial, commercial, and residential sectors. Besides, huge investments have been made in the development of smart grids. Thus, these developments in the T&D expansion projects are expected to hamper the growth of the silent generator market.

The portable segment is expected to be the largest during the forecast period

The portable segment is estimated to have a lucrative growth. Silent portable generators are wrapped in soundproofing material, making them incredibly quiet and great for outdoor activity as well as residential purposes. The functional run time is less than 12 hours and provides a power output between 1 kVA to 16 kVA depending upon the model. These generators can be run using different fuels, such as petrol, diesel, propane, and natural gas. But typically, portable generators are air-cooled, which require maximum ventilation to control carbon monoxide levels in the atmosphere. These generators are used when backup power requirements are low or only temporary.

The diesel segment is expected to have the highest CAGR during the forecast period

The diesel segment is anticipated to witness the fastest CAGR growth during the forecast period. Diesel gas generators are environment friendly. Companies such as Generac, Atlas Copco are key players for silent diesel generator. The silent generators market by fuel type is classified into diesel, natural gas and others. Diesel generators are used for emergency purpose and come with single and three phase. Companies like Atlas Copco, Cummins, Generac and Mahindra Powerol are top producer of silent diesel generators. The other gensets fuel types include LPG, biodiesel, petrol, coal gas, propane gas-based generators, and producer gas.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period. Countries in Asia Pacific such as China, India, and Japan are rapidly emerging markets. Furthermore, a rise in electricity prices over the last few years has prompted consumers to prefer silent generators for electricity generation, which in turn is driving the silent generators market in the region.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing the increasing demand for backup power solutions. Thriving shale gas development, especially in the US is fueling the growth of gas fuel type silent generators. Factors driving the silent generator market in North America include growing industrialization, increasing need for uninterrupted & reliable power supply, and the increasing number of power outages. Among all the North American countries, the United States is expected to dominate the market during the forecast period.



Key players in the market

Some of the key players profiled in the Silent Generator Market include Atlas Copco, Cummins Inc, Generac, Greaves Cotton Limited, Himoinsa, Honda, Jakson Group, Kingway Group, Kirloskar Oil Engines Ltd, Kubota, Mahindra Powerol, Rolls-Royce Holdings, Sichuan Yatu Generator Manufacturing Co., Ltd, Yamaha, and Yanmar.

Key Developments:

In May 2021, Atlas Copco acquired Eco Steam and Heating Solutions, an industrial steam and water boiler company. This company will be a part of specialty retinal division within Power Technique business area. 

In September 2021, Generac and Enchanted Rock, a microgrid provider, made a 5-year agreement. Generac will supply its advanced natural gas generators and control system to scale the supply of microgrids.
 
Phases Covered:
• Single Phase
• Three Phase
 
Types Covered:
• Stationary
• Portable
 
Sound Levels Covered:
• Silent
• Super Silent
 
Power Ratings Covered:
• Upto 25kVA
• 25kVA-49kVA
• 50kVA-99kVA
• 100kVA-499kVA
• Above 500kVA
 
Fuels Covered:
• Biodiesel
• Coal Gas
• Diesel
• Liquefied Petroleum Gas (LPG)
• Natural Gas
• Petrol
• Producer Gas
• Propane Gas
 
Applications Covered:
• Prime Mover
• Standby and Peak
 
End Users Covered:
• Commercial
• Industrial
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances