INDUSTRIAL EQUIPMENT
Power Generation Equipment
World’s Most Productive Companies
Power Generation Equipment
Power Generation Equipment companies make turbines, generators, and grid and power-systems equipment. Productivity tracks electrification and grid-investment cycles, energy-transition demand, and the large installed base that drives long-tail service revenue. Surging electricity demand and grid modernization are lifting the category, rewarding makers with strong service franchises.
The group was about flat in 2025, sitting about 2% below its 2019 baseline. No company in the group reached the 2026 World’s Most Productive Companies list this year. Gains were broad across the group.

Productivity Snapshot
- Power Generation Equipment ranks seventh of twenty-one Industrial Equipment peer groups in 2025, at an Industrial Productivity Index of 0.98, about 2% below its 2019 baseline.
- 4 of 6 companies grew productivity in 2025.
- No company in the group earned a place on the 2026 World’s Most Productive Companies list this year.
- The group sits near its 2019 baseline and improved modestly in 2025 as electrification and grid investment accelerated.
Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?