South-Eastern Asia: Engine Generator Market 2025

Engine Generator Market Size in South-Eastern Asia

The Southeast Asian engine generator market stood at $X in 2022, increasing by 6.5% against the previous year. In general, consumption, however, recorded a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Engine Generator Production in South-Eastern Asia

In value terms, engine generator production shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2014 when the production volume increased by 11%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Engine Generator Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of generators for internal combustion engines increased by 3.6% to X units, rising for the second year in a row after six years of decline. Overall, exports, however, recorded a slight decline. The pace of growth was the most pronounced in 2013 with an increase of 52% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, engine generator exports soared to $X in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 55%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Thailand was the major exporter of generators for internal combustion engines in South-Eastern Asia, with the volume of exports reaching X units, which was approx. 54% of total exports in 2022. Malaysia (X units) held the second position in the ranking, distantly followed by Singapore (X units). All these countries together took approx. 41% share of total exports. Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of +1.7%), while the other leaders experienced a decline in the exports figures.

In value terms, Thailand ($X) remains the largest engine generator supplier in South-Eastern Asia, comprising 59% of total exports. The second position in the ranking was held by Singapore ($X), with a 20% share of total exports. It was followed by Malaysia, with a 14% share.

In Thailand, engine generator exports expanded at an average annual rate of +2.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (-1.5% per year) and Malaysia (-1.9% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 when the export price increased by 22%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.9%), while the other leaders experienced more modest paces of growth.

Engine Generator Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of generators for internal combustion engines increased by 15% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 41%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, engine generator imports soared to $X in 2022. In general, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2016 when imports increased by 38%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Thailand (X units) and Malaysia (X units) were the main importers of generators for internal combustion engines in 2022, resulting at approx. 43% and 30% of total imports, respectively. Singapore (X units) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (6.2%). Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +1.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Thailand ($X), Singapore ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 75% of total imports. Malaysia and Vietnam lagged somewhat behind, together accounting for a further 23%.

Malaysia, with a CAGR of +2.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, increasing by 4.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by 41%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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