The uses of such equipment in the industrial sectors are gradually increasing with time due to which this equipment is becoming one of the most globally sought-after commodities. The increasing energy demand that is the rapid development of industrialization in different sectors like Africa, Asia, and Latin America, Technological advancements in other rural areas, and rapid urbanization in different countries are leading to the higher demand for power generators across the globe.

The overgrowing demand of generators across the globe for the fulfillment of different domestic and international acquired necessities of other countries has led to a staggering total global export trade value of 35 billion US dollars in 2023. The increasing number of oil production industries, mining industries, telecommunication sectors, and construction sites are the major reasons behind its growing demands.

Top 10 Global Producers of Power Generators in 2023

The Global Power Generators Customs Data enlists the below-mentioned companies as the top 10 producers of power generators in 2023,

1. General Electric (GE)
A. Headquarters location - United States
B. Global Market Value – 23 billion US dollars
C. Export destinations – Europe and North America

2. Siemens Energy
A. Headquarters location - Germany
B. Global Market Value – 21 billion US dollars
C. Export destinations – Europe and Africa

3. Cummins Inc.
A. Headquarters location - United States
B. Global Market Value – 14 billion US dollars
C. Export destinations – North America and Africa

4. Mitsubishi Heavy Industries (MHI)
A. Headquarters location - Japan
B. Global Market Value – 12 billion US dollars
C. Export destinations – Asia Pacific and the Middle East

5. Caterpillar Inc.
A. Headquarters location - United States
B. Global Market Value – 10 billion US dollars
C. Export destinations – North America and Latin America

6. ABB Ltd.
A. Headquarters location - Switzerland
B. Global Market Value – 9 billion US dollars
C. Export destinations – Europe and North America

7. Schneider Electric
A. Headquarters location - France
B. Global Market Value – 8.5 billion US dollars
C. Export destinations – UK and Germany

8. Doosan Heavy Industries & Construction
A. Headquarters location - South Korea
B. Global Market Value – 7 billion US dollars
C. Export destinations - Saudi Arabia and Egypt

9. Rolls-Royce Power Systems
A. Headquarters location - United Kingdom
B. Global Market Value – 6.8 billion US dollars
C. Export destinations - United States and Saudi Arabia

10. Vestas Wind Systems
A. Headquarters location - Denmark
B. Global Market Value – 5 billion US dollars
C. Export destinations - United States and India

Top 10 Global Exporters of Power Generators in 2023

As global traders across the world are striving to meet their growing energy needs, the demand for power generators is also getting a significant hike due to which most of the countries have started exporting generators for suitable economic growth. According to the Global Power Generator Export Data, the top 10 exporters of the product in 2023 are discussed below,

1. China – As per the China Export Data, the export trade value of power generators from China in 2023 – 27 billion US dollars.

Top Exports of Power Generators From China

• Diesel Power Generators
• Gasoline Power Generators
• Solar Power Generators
• Inverter Generators
• Wind Power Generators

2. United States – As per the USA Export Data, the export trade value of power generators from the United States in 2023 – 25 billion US dollars.

Top Exports of Power Generators From United States

• Natural Gas Power Generators
• Diesel Power Generators
• Portable Gasoline Power Generators
• Backup Generators for Data Centers
• Renewable Energy Generators

3. Germany – As per the Germany Export Data, the export trade value of power generators from Germany in 2023 – 22 billion US dollars.

Top Exports of Power Generators From Germany

• Combined Heat and Power (CHP) Generators
• Wind Power Generators
• Industrial Diesel Generators
• Hydrogen Power Generators
• Biogas Generators

4. Japan – As per the Japan Export Data, the export trade value of power generators from Japan in 2023 – 20 billion US dollars.

Top Exports of Power Generators From Japan

• Portable Inverter Generators
• Diesel Power Generators
• Gasoline Power Generators
• Hydrogen Fuel Cell Generators
• Solar Power Generators

5. South Korea – As per the South Korea Export Data, the export trade value of power generators from South Korea in 2023 – 18 billion US dollars.

Top Exports of Power Generators From South Korea

• Diesel Power Generators
• Portable Gasoline Generators
• Natural Gas Generators
• Hydrogen Fuel Cell Generators
• Solar Power Generators

6. United Kingdom – As per the United Kingdom Export Data, the export trade value of power generators from the United Kingdom in 2023 – 15 billion US dollars.

Top Exports of Power Generators From the United Kingdom

• Gas Turbine Generators
• Combined Heat and Power (CHP) Generators
• Hydrogen Fuel Cell Generators
• Portable Gasoline Generators
• Biogas Generators

7. Italy – As per the Italy Export Data, the export trade value of power generators from Italy in 2023 – 14 billion US dollars.

Top Exports of Power Generators From Italy

• Diesel Power Generators
• Gas Turbine Generators
• Combined Heat and Power (CHP) Generators
• Marine Diesel Generators
• Emergency Backup Generators

8. India – As per the India Export Data, the export trade value of power generators from India in 2023 – 12 billion US dollars.

Top Exports of Power Generators From India

• Renewable Energy Generators
• Gas Turbine Generators
• Hydrogen Fuel Cell Generators
• Biogas Generators
• Emergency Backup Generators

9. France – As per the France Export Data, the export trade value of power generators from France in 2023 – 10 billion US dollars.

Top Exports of Power Generators From France

• Nuclear Power Generators
• Hydropower Generators
• Diesel Power Generators
• Solar Power Generators
• Hydrogen Fuel Cell Generators

10. Canada – As per the Canada Export Data, the export trade value of power generators from Canada in 2023 – 8 billion US dollars.

Top Exports of Power Generators From Canada

• Natural Gas Power Generators
• Wind Turbine Generators
• Solar Power Generators
• Biomass Generators
• Portable Inverter Generators

Global Export Trade Statistics of Power Generators for the Last 10 Years

1. Global export trade value of power generators in 2013 – 25 billion US dollars.

2. Global export trade value of power generators in 2014 – 16.9 billion US dollars.

3. Global export trade value of power generators in 2015 – 17.2 billion US dollars.

4. Global export trade value of power generators in 2016 – 18 billion US dollars.

5. Global export trade value of power generators in 2017 – 22.5 billion US dollars.

6. Global export trade value of power generators in 2018 – 21.8 billion US dollars.

7. Global export trade value of power generators in 2019 – 24.09 billion US dollars.

8. Global export trade value of power generators in 2020 – 18.97 billion US dollars.

9. Global export trade value of power generators in 2021 – 27.65 billion US dollars.

10. Global export trade value of power generators in 2022 – 30 billion US dollars.

FAQ’s

Que. Who is the top exporter of power generators in 2023?
Ans. China is the top exporter of power generators in 2023.

Que. What is the export trade value of power generators in 2023?
Ans. The export trade value of power generators in 2023 is 35 billion US dollars.

Que. Where can you get a detailed trade analysis of power generator exports in 2023 with values?
Ans. At Import Globals, you can get a detailed trade analysis of power generator exports in 2023.

www.importglobals.com ; info@importglobals.com