North America Generator Sets Market Size & Outlook
The generator sets market in North America is expected to reach a projected revenue of US$ 11,584.6 million by 2030. A compound annual growth rate of 8.8% is expected of North America generator sets market from 2025 to 2030.
Revenue, 2024 (US$M)
$7,069.2
Forecast, 2030 (US$M)
$11,584.6
CAGR, 2025 - 2030
8.8%
Report Coverage
North America
North America generator sets market, 2018-2030 (US$M)
Related Markets
North America generator sets market highlights
- The North America generator sets market generated a revenue of USD 7,585.0 million in 2025.
- The market is expected to grow at a CAGR of 8.8% from 2026 to 2030.
- In terms of segment, low power gensets was the largest revenue generating type in 2025.
- Medium Power Gensets is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2030.
North America data book summary
| Market revenue in 2025 | USD 7,585.0 million |
| Market revenue in 2030 | USD 11,584.6 million |
| Growth rate | 8.8% (CAGR from 2025 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data covered | 2017 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, High Power Gensets |
Other key industry trends
- In terms of revenue, North America region accounted for 20.5% of the global generator sets market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,369.0 million by 2030.
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Generator Sets Market Scope
Generator sets market segmentation & scope
Generator Sets Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America generator sets market size, by country, 2018-2030 (US$M)
North America Generator Sets Market Outlook Share, 2024 & 2030 (US$M)
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