In 2023, China dominated the global export market for generating sets with spark ignition engines, holding a substantial share significantly higher than other countries. Germany and Austria followed as notable exporters, but with considerably lower shares. While Poland and Croatia experienced remarkable growth rates, Japan faced a steep decline in its export share. Despite minor growth in the United States and the United Kingdom, other countries like Italy and Belgium showed moderate positive traction.
Future trends to watch include the shifting dynamics in Asia, with China leading, and potential shifts due to technological advancements. European countries may also strengthen due to robust manufacturing capabilities. Changes in international trade policies and environmental regulations are key factors influencing future market trends.
However, attention should be paid to emerging markets in Africa and South America, such as Mozambique and Chile, which could play critical roles due to their growth trajectories and increased energy demand.
Top countries in Export of Generating Sets with Spark Ignition Engines Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36.78 | 2023 | +1.95% | +0.63% | View data |
| 2 | 2 Germany | 15.87 | 2023 | +3.21% | +2.6% | View data |
| 3 | 3 Austria | 11.41 | 2023 | +1.83% | +0.73% | View data |
| 4 | 4 Finland | 6.44 | 2023 | +2.45% | +3.04% | View data |
| 5 | 5 United States | 5.11 | 2023 | +1.36% | +0.57% | View data |
| 6 | 6 Thailand | 3.87 | 2023 | +4.44% | +6.05% | View data |
| 7 | 7 Italy | 3.21 | 2023 | +4.4% | +2.35% | View data |
| 8 | 8 United Kingdom | 2.4 | 2023 | +2.65% | +1.41% | View data |
| 9 | 9 Poland | 1.94 | 2023 | +6.13% | +15.88% | View data |
| 10 | 10 Norway | 1.85 | 2023 | +5.01% | +1.59% | View data |
