France Genset Market - Forecast(2021 - 2026)

  The market for France Genset Market is estimated to reach $ 680.81 mn in 2025 and is analyzed to grow at a CAGR of 2.93% during forecast period 2020-2025. Rising demand for continuous and reliable power supply and growing demand for hybrid diesel gensets are some of the main driving factors for the genset industry. Growing number of power outages and power failures are also creating a huge demand for power backup devices, of which genset is a part, especially in developing countries.

Report Coverage
The report: “France Genset Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the France Genset Market. 

By Power – Upto 100KVA, 100 - 350 KVA, 350 - 700 KVA, 700 - 1000 KVA, 1000 - 2000 KVA, 2000 - 4000 KVA, Above 4000 KVA
By Fuel Type – Diesel, Natural Gas, Bifuel, Others
By Power Type – Peak Shaving, Standby Power, Continuous/Prime Power
By Mobility – Stationary, Mobile, Portable, Marine
By End User – Residential, Enterprise, Retail, Public Infrastructure, Marine, Data Centers, Hospitality, Healthcare, Telecom, Power Generation, Oil and Gas, Mining, Manufacturing, Others.


Key Takeaways:

  • .Global France Genset Market by power is dominated by 100 – 350 kVA which is growing at the highest CAGR of 4.01% during the forecast period 2020 – 2025 due to growing government initiatives with significant investments.

  • .Manufacturing is analyzed to be the dominant industry with a share of 18% in 2019 owing to the presence and growth of the industries including automotive, food and beverage, pharmaceutical, textile and other manufacturing.

  • . As industrial sector is one of the major sector with major food and beverage, machinery, chemical and others contributing to the GDP, the significant deployment of the Genset in these sector is also set to impact the market growth rate.

  • .The COVID-19 has brought everything including construction, manufacturing, tourism and others to halt where the Genset are majorly deployed, thereby hindering the market growth rate for certain period.

Power - Segment Analysis

Global France Genset Market by power is dominated by 100 – 350 kVA which is growing at the highest CAGR of 4.01% during the forecast period 2020 – 2025. 100-350KVA power rating Genset is deployed in the emergency standby, industrial, mining, construction, solar backup and many other applications. 

The growing government initiatives with significant investments in the renewable energy generation in France is set to boost the demand for Genset with power rating 100-350KVA. In April, 2020, over 135MW of solar projects have been announced for the development, therefore the significant procurement of the high power Genset is set to boost the demand. In March 2019, an eco-friendly data center has been announced to be built in France with an investment of $804.49 to be estimated to finish by 2023. As data centers handle large amount of data the power supply has to be uninterrupted to avoid any loss of data.


End User - Segment Analysis:

Manufacturing is analyzed to be the dominant industry with a share of 18% in 2019 owing to the presence and growth of the industries including automotive, food and beverage, pharmaceutical, textile and other manufacturing. In January 2020, Coca-Cola and Coca-Cola European Partners (CCEP) have announced to invest approximately $1.1bn in France over the next five years. 

These investments are significantly set to contribute to the manufacturing sector, thereby impacting on the procurement of Genset for backup power applications. The growing developments owing to the adoption of industrial automation, block chain is set to boost the data centers growth therefore are analyzed to grow at highest growth rate of 4.32% during the forecast period 2020-2025. Data centers provide the quick access to companies, hence the growth rate is significantly high. 

They consume a considerable amount of energy and they are maintained at a sustainable temperature to avoid heating up of the servers due to heavy traffic. Hence the Genset are significantly deployed in these for immediate backup power. In May 2019, Equinix has announced its data centers expansion with an investment of $2bn. The expansion includes construction of data centers in France, Spain, Australia and so on.


 Fuel Type - Segment Analysis

Global France Genset Market is dominated by Natural Gas which is growing at the highest CAGR of 4.34%.  Natural gas Genset are cost effective generators and are environmental friendly. As these are environmental friendly the demand for these generators is significantly rising owing to the rising environmental issues, thereby contributing to the market growth rate. 

The significant demand for the gas Genset due to environmental factors has impacted the rise in product launches thereby boosting the market growth rate. In March 2020, Cummins Inc., introduced its latest C25G gas generator series owing to the rising demand from the end user industries. In February 2017, Kohler Power has acquired Clarke Energy, a UK based firm for $350M thereby extending the gaseous generators in the portfolio. These factors are significantly impacting the growth rate of France Genset market.

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Location: United States

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