Asia Pacific Commercial Standby Generator Sets Market Analysis

Asia Pacific Commercial Standby Generator Sets Market Analysis

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Based on power rating, the ≤ 75 kVA commercial gensets market will witness 7.7% growth rate up to 2032. Smaller capacity gensets are versatile and can be easily transported to different locations, making them suitable for wide tandem of applications. In addition, increasing applicability across data centers, healthcare facilities, manufacturing, and retail sector will fuel the product penetration.
 

Based on fuel, the gas generator sets market holds a share of over 25% in 2022. Growing emphasis on cleaner and more environmentally friendly energy sources will energize the industry dynamic. Ongoing technological advancements including improved engine efficiency and control systems, made gas generator sets more reliable and efficient.
 

Based on application, the telecom gensets industry was worth USD 1.4 billion in 2022. Surging focus on sustainability and reducing carbon emissions, the telecom industry was increasingly adopting cleaner and more sustainable power solutions. This included integrating renewable energy sources like solar panels and wind turbines with generator sets to reduce their environmental footprint.
 

• The China standby generator sets market was valued at USD 2.3 billion in 2022. Escalating data centre outage costs has led to rise in the market demand for the standby genset market. Gensets are crucial for construction sites and infrastructure development projects to power tools, machinery, and temporary facilities.
   
• Standby gensets provide a reliable backup power source to ensure uninterrupted operations.  This demand is driven by factors including rapid urbanizations, Burgeoning expansion in the telecom sector, increasing intensity & frequency of weather-related disasters. power grid experiences occasional outages and voltage fluctuations, especially in remote and rural areas.