Reliable power is a necessity for any business, but it’s even more important if your business needs consistent power in challenging environments. Generator manufacturing is steadily on the rise to meet these needs.
However, in an increasingly challenging business environment, generator manufacturing is transforming to meet the demands of modern business by building more resilient and efficient generators.
In this guide, we’ll explain what generator manufacturing is, as well as up-and-coming trends in generator manufacturing that could affect your business.
Generator manufacturing is the process of designing and building generators, which are devices that convert mechanical or chemical energy into electrical energy. While consumer-grade generators are popular, these machines are much more common in businesses.
Generators are used for a wide range of applications, including:
There are plenty of generator manufacturers on the market, but the key players are:
With a greater demand for power and reliability, more businesses across the globe are increasing their investment in generators. It’s no wonder that the generator manufacturing market had a compound annual growth rate (CAGR) of more than 6.5% from 2018 to 2022.
Generator manufacturers aren’t just making bigger, better generators.; they’re also innovating generator designs to improve efficiency and make businesses more resilient.
If your business relies on generators, you’ll want to stay on top of these trends in generator manufacturing to see what’s ahead.
As businesses add more and more generators to their facilities, it’s becoming even more important for organizations to manage these expensive assets. This is why more businesses are investing in durable tags and labels for asset identification and maintenance tracking.
Better yet, these tags and labels automatically integrate with asset management software and predictive maintenance solutions to make it easier than ever to manage all generators in a single dashboard.
Industry 4.0 is here, which means generators can now use internet-connected technology. Generator manufacturers are adding IoT technology and artificial intelligence (AI) to their products to enable:
With the rise of these smart generators, businesses have much more control over generator performance and maintenance.
More businesses are trying to balance performance with eco-friendly operations. Fortunately, generator manufacturers are doing their part by creating more environmentally friendly products. For example, many of today’s generators minimize carbon emissions.
Some manufacturers are also exploring renewable energy sources like solar and wind. Not only does this solve sustainability issues, but renewables will also boost energy security.
A generator is only as useful as the power it stores and produces. This is why more generator manufacturers are optimizing generators to have bigger energy storage systems.
With a greater capacity for storage, generators can store more power during off-peak periods and discharge it when demand is high. This makes generators more reliable, efficient, and affordable.
There’s a greater demand for portable generators and generators with a smaller footprint. Fortunately, generator designs continue to shrink as technology advances. While these lightweight versions don’t store as much power, they’re making mobile power an option for both everyday consumers and small businesses.
Generator manufacturers are embracing automation to make generators safer and more cost-effective. For example, more generators include automatic transfer switches, which detect power outages and automatically switch from the grid to the generator—often without any interruptions to service.
The world is becoming less predictable, and it’s never been more important for businesses to plan for the unexpected. Demand for generators is at an all-time high, and businesses can expect to see even more innovation in this space over the coming years.
Purchasing quality generators from a trusted manufacturer is a must, but you also need a plan for maintaining these machines. Using MPC’s high-quality tags and labels allows you to easily track your assets, manage maintenance, minimize downtime and increase safety.
See the MPC difference firsthand: order your free label and tag sample kit now.
Curious to learn more about how generators work? Check out the video below:
Compact generators are helpful because:
Generator manufacturers are embracing sustainability by:
Asset identification makes it easy to track and manage every machine in a fleet of generators via asset management software. This is especially helpful for larger organizations that own multiple generators across several locations. This simplifies maintenance and even makes it easy to identify generators in the event of a recall or upgrade.
Our sales engineers are experts in automatic asset tracking, tagging and identification,a nd can answer all your questions. Get in touch now.
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