Silent Generator Market Size, Competitive Landscape and Market Forecast - 2029

Global Silent Generator Market is segmented By Type (Portable, Stationary), By Sound Level (Super silent, Silent), By Phase (Single-phase, Three-phase), Power Rating (Up to 25kVA, 25kVA-49kVA, 50kVA-99kVA, 100kVA-499kVA, Above 500kVA), By Application (Standby and Peak, Prime Mover), By End-User (Industrial, Residential, Commercial), By Region (North America, Europe, South America, Asia-Pacific, The Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The global silent generator market is estimated to reach at high CAGR of  6.2% during the forecast period (2022-2029).

Generators, particularly diesel generators, can be excessively loud, causing hearing damage to individuals who must operate near them and annoying those who work or live nearby. Silent generators, which run inside a soundproof container or generator enclosure, were developed to address this issue. Composite materials, made from layers of hard material that reflect sound into the container, are used in the generator enclosure of silent diesel generators. Soft, porous materials are also used, which collect sound energy and convert it to heat. Since particular materials absorb different frequencies of sound more effectively than others, most quiet generators employ many layers of different materials. Soft, porous materials that capture sound energy and convert it to heat are also used to make silent generators.

Source: DataM Intelligence Analysis (2022)

Market Dynamics

The growing popularity of distributed electricity generation is a significant driver in the evolution of the respective market. Nonetheless, inflexible regulations associated with silent generators are a major market restraint.

The growing popularity of distributed electricity generation

The use of distributed power generation technologies is increasingly resulting in a decentralized energy system in which silent generators help meet local power demands or requirements via the network. Power quality difficulties, planned rolling blackouts, unanticipated utility power outages and growing power bills are all driving up demand for distributed energy resources. Silent gas generators are more efficient and have a more stable generating capacity than other dispersed power generation technologies, making them ideal for on-site generation and backup power. As a result, as distributed power generation expands, the market and demand for silent generators also broaden. Therefore, the growing popularity of distributed electricity generation could be a major market driver for the respective market.

Inflexible  regulations associated with silent generators

Various legislative frameworks and targets have been created by prominent organizations worldwide to promote green technology adoption and reduce reliance on fossil fuels. Countries are establishing ambitious green energy goals and spending heavily on renewable energy sources, which might hinder the diesel generator business. Enacting strict restrictions to limit the discharge of harmful compounds is a barrier to product adoption.

Additionally, generator manufacturers have new requirements to gain approvals and reduce noise pollution. As per the aforementioned rules, manufacturers should also offer an acoustic enclosure with a certain standard to eliminate noise by diesel generator components. Since the respective regulations increase the manufacturing cost and thereby the end product price, which would inevitably reduce the product demand, the stringent and inflexible regulations associated with silent generators significantly restrict the market's emerging and local businesses.

COVID-19 Impact Analysis

The quiet generator industry has stalled because countries were required to impose lockdowns during the first half of 2020 due to COVID-19. Governments and municipal governments established strict restrictions and all non-essential activities were halted. Because end-user operations were suspended, this had a negative impact on the silent generators market. COVID-19 has had a ruinous impact on the power industry's growth, which has had a cascading effect on the industrial sector, lowering demand for silent generators.

Due to the global closure and challenges along the supply chain, the spread of COVID-19 is anticipated to have a negative impact on generator makers. The cost of obtaining raw materials is also likely to rise due to the supply deficit, resulting in delays in order fulfillment. However, the market is expected to return to its former glory once the end-user segments become fully functional.

Segment Analysis

The global silent generator market is classified based on type, sound level, phase, power rating, application, end-user and region.

The demand for continuous and constant power in the industrial sector allows it to dominate the end-user segment

In the silent generator market, the industrial sector held the highest share. During power outages (to reduce production risks) and in areas where grid access is limited, industrial operations rely primarily on electricity generated by diesel generators.

The industrial sector, which encompasses mining, manufacturing, agriculture and construction, consumes the most energy of all end users. Many different businesses, such as buildings, rely on a consistent electricity supply. Backup generators have a significant user base in these industries. Further, since all these end-user segments are closed spaces, the tendency of silent generators to produce a negligible sound is widely accepted and appreciated.

As a result, demand for silent generators is expected to increase as these industries' demands for continuous and constant power supply expand, notably in healthcare, pharmaceutical and manufacturing facilities. With the expansion of such industries worldwide, demand for backup generators is likely to rise even more during the forecast period.

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Source: DataM Intelligence Analysis (2022)

Geographical Analysis

Growing uninterrupted power requirements in varied industrial sectors

Asia-Pacific dominates the global silent generator market and is projected to do the same again in the years ahead. Due to the widening power demand-supply gap, the expansion of manufacturing facilities across the country, increased infrastructure projects and rising commercial office spaces, China is the leading Silent generator market in Asia-Pacific. The affordability and effectiveness of silent generators benefit the country and rising living standards drive the demand for power backup systems.

Furthermore, India's silent generator market is driven by rapid growth in different end-use sectors, including infrastructure, telecommunications and information technology (IT). As a result of the factors discussed above, Asia-Pacific is likely to dominate the global silent generator market during the forecast period.

 

Source: DataM Intelligence Analysis (2022)

Competitive Landscape

The global silent generator industry is quite active in terms of the number and scope of global and local producers. The market has been described as fragmented due to many manufacturers such as Cummins Inc, Rolls-Royce Holdings, Atlas Copco, Generac, Honda, Mahindra Powerol, Kirloskar Oil Engines Ltd, Greaves Cotton Limited, Yamaha and Kubota. Mergers, acquisitions, product launches, investments and collaborations are popular market strategies major market stakeholders employ to achieve competitive advantage and recognition in their respective sectors.

Honda

Overview: Honda focuses on manufacturing motorcycles, automobiles and power products. The company was established in 1948 and is headquartered in Tokyo, Japan. The company currently owns 430 domestic and overseas affiliated companies in all the major countries in Europe, Asia-Pacific, North America, South America, the Middle East and Africa. The company generated annual revenue of US$ 108 million and employed around 211,374 persons in 2021.

Product Portfolio:

• EU7000iS: The EU7000iS can power a wide array of appliances, making it ideal for usage at home, camping and other locations. The product includes a Honda GX390 engine built for extended life and outstanding performance and sophisticated electronic fuel injection technology that boosts fuel efficiency, eliminates the engine choke and decreases fuel-related carburetor problems. Additionally, the product is compatible with Honda's unique My Generator smartphone app, which provides remote generator operating and monitoring with exceptional performance and simplicity.

Key Development:

• On September 1, 2020, Honda launched its My Generator Bluetooth App that allows The app allows a user to start, stop and monitor critical operations of Honda generators through a Bluetooth interface on a smartphone and announced that it is expected to launch its EU7000iS and EU2200i Camo, two generators in its Super Quiet Series that incorporate the respected app's functionality.

Why Purchase the Report?

• To visualize the global silent generator market segmentation based on type, sound level, phase, power rating, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the global silent generator market by analyzing trends and co-development.
• Excel data sheet with numerous data points of silent generator market-level with four segments.
• PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of key products of all the major market players

The global silent generator market report would provide approximately 85 tables, 85 figures and almost 200 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies