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Gas Fired Real Estate Generator Market Trends

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

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Gas Fired Real Estate Generator Market Trends

The industry is set for significant growth fueled by strict government regulations and the expansion of infrastructure projects. Continuous investment in toward installation of gas fueled gensets in new real estate developments, including high-rise apartments, office buildings, and retail centers will complement the business outlook. Additionally, increased construction activity driven by natural disasters including hurricanes, earthquakes, and storms will boost the demand for generator sets.

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.