Oct 24, 2025
IndexBox has just published a new report: United Kingdom – Electric Generating Sets And Rotary Converters – Market Analysis, Forecast, Size, Trends and Insights.
The UK market for electric generating sets and rotary converters is forecast for modest growth with a +1.5% CAGR from 2024 to 2035, reaching 344K units and $778M in value. Despite a significant drop from its 2016 peak, 2024 consumption rose to 292K units valued at $659M. Domestic production fell sharply in 2024 after a 2023 peak, while imports declined in volume but grew in value, with Germany being the leading value supplier. Exports also saw a dramatic volume decrease, though the US remained the top export destination by value. The market is characterized by high-value imports and exports of large diesel generating sets.
Key Findings
- UK market forecast for modest growth with a +1.5% CAGR in volume and value through 2035
- Consumption in 2024 increased to 292K units but remains far below the 2016 peak of 1.2M units
- Germany is the leading import partner by value, while China leads by volume
- High-value, large diesel generating sets dominate import and export trade values
- Export volume plummeted by -70.9% in 2024, though the average export price surged by 239%
Market Forecast
Driven by rising demand for electric generating set and rotary converter in the UK, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.5% for the period from 2024 to 2035, which is projected to bring the market volume to 344K units by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.5% for the period from 2024 to 2035, which is projected to bring the market value to $778M (in nominal wholesale prices) by the end of 2035.
ConsumptionUnited Kingdom’s Consumption of Electric Generating Sets And Rotary Converters
In 2024, consumption of electric generating sets and rotary converters was finally on the rise to reach 292K units after three years of decline. In general, consumption, however, showed a perceptible downturn. Consumption of peaked at 1.2M units in 2016; however, from 2017 to 2024, consumption failed to regain momentum.
The value of the market for electric generating sets and rotary converters in the UK soared to $659M in 2024, jumping by 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, consumption, however, showed a noticeable descent. Over the period under review, the market hit record highs at $2.4B in 2016; however, from 2017 to 2024, consumption failed to regain momentum.
ProductionUnited Kingdom’s Production of Electric Generating Sets And Rotary Converters
After two years of growth, production of electric generating sets and rotary converters decreased by -59% to 187K units in 2024. Overall, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2022 when the production volume increased by 352%. Production of peaked at 457K units in 2023, and then fell sharply in the following year.
In value terms, production of electric generating sets and rotary converters surged to $1.2B in 2024 estimated in export price. Over the period under review, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 138%. Production of peaked in 2024 and is expected to retain growth in the immediate term.
ImportsUnited Kingdom’s Imports of Electric Generating Sets And Rotary Converters
In 2024, purchases abroad of electric generating sets and rotary converters decreased by -16% to 235K units, falling for the fourth consecutive year after two years of growth. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 42%. Imports peaked at 1.5M units in 2016; however, from 2017 to 2024, imports remained at a lower figure.
In value terms, imports of electric generating sets and rotary converters amounted to $1.3B in 2024. Overall, imports, however, continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2021 with an increase of 191%. As a result, imports reached the peak of $2.3B. From 2022 to 2024, the growth of imports of remained at a somewhat lower figure.
Imports By Country
In 2024, China (84K units) constituted the largest supplier of electric generating set and rotary converter to the UK, accounting for a 36% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Germany (41K units), twofold. Poland (22K units) ranked third in terms of total imports with a 9.3% share.
From 2013 to 2024, the average annual rate of growth in terms of volume from China amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.4% per year) and Poland (+32.8% per year).
In value terms, Germany ($600M) constituted the largest supplier of electric generating sets and rotary converters to the UK, comprising 45% of total imports. The second position in the ranking was taken by the United States ($149M), with an 11% share of total imports. It was followed by Spain, with an 8.4% share.
From 2013 to 2024, the average annual rate of growth in terms of value from Germany totaled +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.8% per year) and Spain (+5.6% per year).
Imports By Type
Electric generating sets with spark-ignition internal combustion piston engine (101K units), wind powered generating sets (54K units) and electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered (47K units) were the main products of imports of electric generating sets and rotary converters to the UK, with a combined 86% share of total imports.
From 2013 to 2024, the biggest increases were recorded for wind powered generating sets (with a CAGR of +12.9%), while purchases for the other products experienced more modest paces of growth.
In value terms, electric generating sets and rotary converters with the largest imports in the UK were wind powered generating sets ($638M), electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA ($360M) and electric generating sets with spark-ignition internal combustion piston engine ($119M), together accounting for 84% of total imports.
In terms of the main product categories, electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA, with a CAGR of +14.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2024, the average import price for electric generating sets and rotary converters amounted to $5.7 thousand per unit, jumping by 23% against the previous year. Over the period under review, the import price saw a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 326% against the previous year. The import price peaked in 2024 and is expected to retain growth in the near future.
Prices varied noticeably by the product type; the product with the highest price was electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA ($83 thousand per unit), while the price for electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered ($1.1 thousand per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by electric rotary converter (+43.4%), while the prices for the other products experienced more modest paces of growth.
Import Prices By Country
The average import price for electric generating sets and rotary converters stood at $5.7 thousand per unit in 2024, with an increase of 23% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 326%. Over the period under review, average import prices hit record highs in 2024 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Germany ($15 thousand per unit), while the price for Poland ($142 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+45.9%), while the prices for the other major suppliers experienced more modest paces of growth.
ExportsUnited Kingdom’s Exports of Electric Generating Sets And Rotary Converters
After two years of growth, overseas shipments of electric generating sets and rotary converters decreased by -70.9% to 130K units in 2024. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2022 when exports increased by 132%. The exports peaked at 447K units in 2023, and then shrank dramatically in the following year.
In value terms, exports of electric generating sets and rotary converters dropped slightly to $903M in 2024. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2022 with an increase of 4.2%. Over the period under review, the exports of attained the peak figure at $1.7B in 2013; however, from 2014 to 2024, the exports stood at a somewhat lower figure.
Exports By Country
The Czech Republic (21K units), the United States (17K units) and Poland (15K units) were the main destinations of exports of electric generating sets and rotary converters from the UK, together accounting for 41% of total exports.
From 2013 to 2024, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +40.7%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($97M) remains the key foreign market for electric generating sets and rotary converters exports from the UK, comprising 11% of total exports. The second position in the ranking was taken by the Netherlands ($48M), with a 5.3% share of total exports. It was followed by Ireland, with a 4.8% share.
From 2013 to 2024, the average annual rate of growth in terms of value to the United States amounted to +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+8.4% per year) and Ireland (+8.3% per year).
Exports By Type
Electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered (93K units) was the largest type of electric generating sets and rotary converters exported from the UK, with a 72% share of total exports. Moreover, electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered exceeded the volume of the second product type, electric generating sets with spark-ignition internal combustion piston engine (9.9K units), ninefold. Electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA (8.9K units) ranked third in terms of total exports with a 6.8% share.
From 2013 to 2024, the average annual rate of growth in terms of the volume of electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered exports was relatively modest. With regard to the other exported products, the following average annual rates of growth were recorded: electric generating sets with spark-ignition internal combustion piston engine (-5.1% per year) and electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA (-6.0% per year).
In value terms, electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA ($639M) remains the largest type of electric generating sets and rotary converters exported from the UK, comprising 71% of total exports. The second position in the ranking was taken by diesel or semi-diesel electric generating sets of output over 75 kVA but under 375 kVA ($100M), with an 11% share of total exports. It was followed by electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered, with a 6.6% share.
From 2013 to 2024, the average annual rate of growth in terms of the value of electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA exports stood at -4.3%. With regard to the other exported products, the following average annual rates of growth were recorded: diesel or semi-diesel electric generating sets of output over 75 kVA but under 375 kVA (-11.3% per year) and electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered (+3.6% per year).
Export Prices By Type
In 2024, the average export price for electric generating sets and rotary converters amounted to $6.9 thousand per unit, surging by 239% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $11 thousand per unit in 2014; however, from 2015 to 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the product type; the product with the highest price was electric generating sets with compression-ignition internal combustion piston engine (diesel or semi-diesel engine) of an output over 375 kVA ($72 thousand per unit), while the average price for exports of electric generating sets, excluding those with spark-ignition or compression-ignition internal combustion piston engines, other than wind powered ($637 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for the following types: electric rotary converter (+47.0%), while the prices for the other products experienced more modest paces of growth.
Export Prices By Country
The average export price for electric generating sets and rotary converters stood at $6.9 thousand per unit in 2024, surging by 239% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $11 thousand per unit in 2014; however, from 2015 to 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2024, amid the top suppliers, the country with the highest price was Germany ($38 thousand per unit), while the average price for exports to Austria ($86 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform