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Commercial Gensets Market Trends

  • Report ID: GMI3759
  • Published Date: Jul 2024
  • Report Format: PDF

Commercial Gensets Market Trends

Widespread utilization of these units in healthcare facilities and data centers will positively impact industry potential. The ongoing expansion of mobile towers to accommodate the increasing demands of a growing subscriber base will drive business growth. The industry is poised to experience significant momentum owing to the key benefits of these units, such as scalability, flexibility, and the ability to operate in any weather conditions. Additionally, the ongoing and growing need to boost power generation capacities to meet the rising demand from commercial facilities will drive the generator sets market.
 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of commercial gensets was reached USD 13.7 billion in 2023 and is estimated to grow at 7.6% CAGR through 2032, owing to the increasing investments across the commercial sector.

The diesel segment in the commercial gensets market will witness over 6.5% CAGR during 2024 to 2032, due to the rising demand for uninterrupted power in remote and off-grid locations.

Asia Pacific commercial gensets market size is set to surpass USD 15 billion by 2032 led by the implementation of favorable government policies.

Aggreko, ASHOK LEYLAND, Atlas Copco, Briggs & Stratton, Caterpillar, Cummins, Deere & Company, FG Wilson, Generac Power Systems, HIMOINSA, Honda Motor Co., Huu Toan, J C Bamford Excavators Ltd., Kirloskar, and Kohler Co. among others.

Commercial Gensets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 54
  • Countries covered: 38
  • Pages: 150
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