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Gas Fired Real Estate Generator Market Analysis

  • Report ID: GMI11649
  • Published Date: Oct 2024
  • Report Format: PDF

Gas Fired Real Estate Generator Market Analysis

The > 50 kVA - 125 kVA rated of gas fired real estate generator industry will exceed USD 125 million by 2032. Growing investments by businesses and property owners in gensets to ensure continuity and energy security during power disruptions will shape the business landscape. The increasing emphasis on reliable power supply in areas prone to frequent outages or unstable grid networks along with ongoing innovations comprising of improved fuel efficiency, lower emissions, and quieter operation will drive the product adoption.
 

Gas Fired Real Estate Generator Market Revenue Share, By Application, 2023

The prime/continuous gas fired real estate generator market size will showcase about 9% CAGR through 2032, due to advancements in fuel efficiency and streamlined operations. Public and private entities are increasingly investing in these units featuring turbocharging and electronic fuel injection, driven by rising concerns over reducing greenhouse gas emissions, which will foster the industry expansion. Additionally, regulatory bodies across key regions are enforcing stricter emissions standards to combat environmental issues and air pollution, further propelling the industry's growth trajectory.
 

U.S. Gas Fired Real Estate Generator Market Size, 2022 – 2032 (USD Million)

U.S. gas fired real estate generator market is set to surpass USD 60 million by 2032. The country has seen substantial growth owing to an increase in power outages caused by extreme weather events, aging infrastructure, and rising electricity demand. Growing awareness of disaster preparedness among property owners and developers along with the integration of smart home and building management systems will positively influence business dynamics. Additionally, government mandates for the adoption of efficient backup power solutions for critical infrastructure coupled with incentive programs supporting disaster preparedness will further drive the industry growth.
 

The Asia Pacific region is poised for substantial growth, driven by large-scale infrastructure projects including commercial parks and new housing developments. Additionally, increased investment in data center and distribution centers combined with the integration of digital technologies to optimize performance and streamline maintenance will further enhance the industry outlook. Shifting consumer focus toward the development of apartments along with surging utilization of back up to sustain daily operations will energize the industry dynamics.
 

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of gas-fired real estate generators was worth over USD 262.7 million in 2023 and is projected to grow at a CAGR of 9.4% from 2024 to 2032, driven by the increasing demand for reliable power backup solutions.

The gas-fired real estate generators rated between 50 kVA and 125 kVA is anticipated to surpass USD 125 million by 2032, propelled by the increasing investments by businesses and property owners in gensets to ensure continuity and energy security during power disruptions.

The prime/continuous segment of the gas-fired real estate generator market is projected to grow at a CAGR of approximately 9% through 2032, due to advancements in fuel efficiency and streamlined operations.

The U.S. gas-fired real estate generator market is on track to exceed USD 60 million by 2032, driven by a rise in power outages, attributed to extreme weather events, an aging infrastructure, and a surging electricity demand.

Major key players in the gas-fired real estate generator industry include Aggreko, Ashok Leyland, Atlas Copco, Caterpillar, Cummins, Generac Power Systems, Himoinsa, J.C. Bamford Excavators, Kirloskar, Kohler, Mahindra Powerol, Mitsubishi Heavy Industries, PR Industrial, Rolls-Royce, Yanmar Holdings.

Gas Fired Real Estate Generator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 40
  • Countries covered: 38
  • Pages: 125
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