Home > Energy & Power > Electrical Equipment > Generator Sets > Europe Diesel Gensets Market
Europe Diesel Gensets Market was valued at USD 3.7 billion in 2023 and is poised to expand at 6.8% CAGR during 2024 to 2032. Extensive investments across the real estate sector along with flourishing residential sector will propel the business outlook. For instance, in 2021, Europe invested over USD 380 billion in the development of commercial real estate sector.
The occurrence and severity of natural calamities results into prolonged blackouts primarily across North American countries which in turn will drive the generator sets industry growth. Natural disasters including windstorms, tsunamis, hurricanes, earthquakes, and floods leads to electricity distribution infrastructure, stimulating the industry potential.
Report Attribute | Details |
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Base Year: | 2023 |
Europe Diesel Gensets Market Size in 2023: | USD 3.7 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6.8% |
2032 Value Projection: | USD 6.6 Billion |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 285 |
Segments covered: | Power Rating, End Use, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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