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South America Gas Generator Market Size (2024 - 2029)

The South America gas generator market is anticipated to experience growth, driven by factors such as the rising awareness of natural gas as a clean fuel, concerns over diesel maintenance, and decreasing fuel prices. Despite challenges like limited gas grid connectivity and reduced natural gas production, the market's capacity is influenced by the demand for generators below 75 kVA, particularly from sectors like telecom and retail. The commercial and industrial sectors in Chile and Colombia present future opportunities, while Brazil's urbanization and industrialization are expected to lead in market dominance.

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Market Size of South America Gas Generator Industry

South America Gas Generator-Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 1.50 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

South America Gas Generator Market Analysis

The market for the gas generator in South America is expected to grow at CAGR of more than 1.5% in the forecast period of 2020-2025. Factors, such as increasing awareness regarding natural gas as a clean and reliable fuel, increased concerns over diesel maintenance and refueling issues, decreasing natural gas fuel prices, and the increasing awareness among consumers to be more environmentally responsible, have supplemented the demand for gas generators in recent years. However, the lack of gas grid connectivity via pipeline and decreasing natural gas production, resulting in hindered fuel supply, is expected to act as a challenging factor to overcome the gas generators market in the coming years.

  • Below 75 kVA capacity generators are estimated to have the largest market share during the forecast period, supported by the increase in demand from telecom, retail, other commercial buildings, and remote areas without access to proper electricity.
  • The emerging commercial and industrial sectors of Chile and Colombia are likely going to create several opportunities for the South America generator sets market in the future.
  • Brazil, due to its increasing urbanization and industrialization in the region, is expected to dominate the South America gas generator market.

South America Gas Generator Industry Segmentation

The South America gas generator market report includes:

Capacity Rating
Less than 75 kVA
Between 75-375 kVA
Above 375 kVA
End-User
Industrial
Commercial
Residential
Geography
Brazil
Argentina
Chile
Rest of South America
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South America Gas Generator Market Size Summary

The South America gas generator market is poised for growth, driven by increasing awareness of natural gas as a clean and reliable energy source. The shift away from diesel due to maintenance and refueling challenges, coupled with decreasing natural gas prices, has bolstered demand for gas generators. However, the market faces challenges such as limited gas grid connectivity and declining natural gas production, which could hinder fuel supply. The demand for generators with a capacity of less than or equal to 75 kVA is particularly strong, supported by their use in telecommunications, commercial buildings, and remote areas lacking reliable electricity. The burgeoning commercial and industrial sectors in countries like Chile and Colombia present significant opportunities, while Brazil's urbanization and industrialization are expected to position it as a dominant player in the region's gas generator market.

The market landscape is characterized by a moderate level of fragmentation, with key players including Kohler Co, Yanmar Co, Cummins Inc, Caterpillar Inc, and General Electric Company. Brazil is anticipated to lead the market due to its rising energy demand and industrial activities, which necessitate uninterrupted power supply, especially in remote oil and gas production sites. The country's focus on rural development and the expansion of its oil and gas sector further drive the demand for gas generators. The installation of generator plants by companies like MWM in Brazil and Himoinsa in Argentina is expected to contribute to a decrease in production costs and prices, enhancing the market's growth prospects. Overall, the South America gas generator market is set to expand, supported by government initiatives and the increasing need for reliable power across various sectors.

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South America Gas Generator Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Introduction

    2. 1.2 Market Size and Demand Forecast in USD billion, till 2025

    3. 1.3 Recent Trends and Developments

    4. 1.4 Government Policies and Regulations

    5. 1.5 Market Dynamics

      1. 1.5.1 Drivers

      2. 1.5.2 Restraints

    6. 1.6 Supply Chain Analysis

    7. 1.7 Porter's Five Forces Analysis

      1. 1.7.1 Bargaining Power of Suppliers

      2. 1.7.2 Bargaining Power of Consumers

      3. 1.7.3 Threat of New Entrants

      4. 1.7.4 Threat of Substitute Products and Services

      5. 1.7.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Capacity Rating

      1. 2.1.1 Less than 75 kVA

      2. 2.1.2 Between 75-375 kVA

      3. 2.1.3 Above 375 kVA

    2. 2.2 End-User

      1. 2.2.1 Industrial

      2. 2.2.2 Commercial

      3. 2.2.3 Residential

    3. 2.3 Geography

      1. 2.3.1 Brazil

      2. 2.3.2 Argentina

      3. 2.3.3 Chile

      4. 2.3.4 Rest of South America

South America Gas Generator Market Size FAQs

The South America Gas Generator Market is projected to register a CAGR of greater than 1.5% during the forecast period (2024-2029)

Cummins Inc , Caterpillar Inc, General Electric Company , Yanmar Co and Kohler Co are the major companies operating in the South America Gas Generator Market.

South America Gas Generator Report Snapshots

South America Gas Generator Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)