Generator Monitoring and Management Systems Market Scope, Size, Share, Trends, Forecast by 2026

Press Release

Generators are a common presence in almost every industry that is sensitive to an electricity outage. Generators provide a reliable and redundant source of power for industries, businesses, educational institutes, hospitals, townships, telecommunication networks, and other passive infrastructure companies. Power generation equipment such as generators serve as sources of primary, temporary, or backup electrical power. The generator may operate as a source of power continuously, intermittently, or on standby, to be used as needed. Generators are essential equipment that must be reliably functional and ready for immediate use.

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Users of generators face challenges with regard to the maintenance and monitoring of the generator’s condition; failure to maintain and monitor the generator may lead to sudden and costly outages or higher fuel consumption during operation. Through the use of a generator monitoring and management solution, it is possible to monitor the generator engine’s operations and detect alarms or failures, helping prevent faults that are costly to repair, improve generator performance, prevent fuel theft, reduce maintenance cost through predictive maintenance, lessen the service downtime, identify increased fuel consumption, and allow end-users to provide a rapid response to service problems. Generator monitoring and management solutions enable end-users to lower their operating costs, increase the generator’s reliability & efficiency, reduce capital expenses, and decrease their personnel costs, and environmental impact.

Generator monitoring and management systems provide functionality such as remote start or stop of the generator; monitor and control of electrical and mechanical parameters such as KWh, RPM, & oil pressure; monitor fuel levels; receive alerts (e-mail, phone, and SMS) on the occurrence of electrical or mechanical faults; and alerts on drop in fuel levels such as when a fuel leakage occurs.

An opportunity for players in the generator monitoring and management systems market is the development of contemporary technologies such as IoT sensors and M2M, which when integrated with a generator’s engine control unit (ECU), provides a cost effective and intelligent method of two way communications, and helps in automation, monitoring, and control of the generator in real time