At KGH Research,
We track all the key mega trends shaping the respective industries.
Electric Motor
Market Overview: The global electric motors market was valued at approximately USD 148 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2032 to reach USD 240 billion by 2032.
Diesel Generator
Market Overview: The global diesel generator market was valued at approximately USD 18.2 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032 to reach USD 28.4 billion by 2032.
Generator
Market Overview: The global generator market was valued at approximately USD 23.2 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2032 to reach USD 35.9 billion by 2032.
