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Peak Shaving Construction Generator Sets Market Size

  • Report ID: GMI12387
  • Published Date: Nov 2024
  • Report Format: PDF

Peak Shaving Construction Generator Sets Market Size

The global peak shaving construction generator sets market size was valued at USD 1.2 billion in 2024 and is estimated to grow at a CAGR of 8.9% from 2025 to 2034. Robust urbanization and robust infrastructure activities coupled with rising demand for dependable power solutions will stimulate the industry dynamics. Stringent government policies targeting carbon emission reductions, coupled with the adoption of automatic load management systems to optimize fuel consumption will promote the product penetration.

 

For instance, in April 2023, China’s 14th Five-Year Plan underscored the critical role of modern infrastructure projects, emphasizing advancements in transportation networks, energy systems, water resource management, and urban development.
 

Peak shaving construction generator sets refers to the temporary gensets to reduce the peak electricity demand from the main power grid at construction sites. The incorporation of IoT and remote monitoring capabilities in generator sets combined with facilitating real-time tracking, performance analysis, and proactive maintenance will foster the business potential. Additionally, the growth of industrial and commercial infrastructure coupled with increased investments in significant infrastructure projects comprising of highways and bridges will proliferate the need for construction generator sets in key geographies.
 

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market of peak shaving construction generator sets reached USD 1.2 billion in 2024 and is set to grow at a 8.9% CAGR from 2025 to 2034, driven by robust urbanization and infrastructure activities.

The > 330 kVA - 750 kVA rated segment is projected to exceed USD 700 million by 2034, led by the need for continuous operations during power disruptions in large-scale construction projects.

The U.S. market is set to surpass USD 600 million by 2034, propelled by the expansion of airports and utility infrastructure, along with government-backed initiatives for energy efficiency.

The key players in the market include Aggreko, Ashok Leyland, Atlas Copco, Caterpillar, Cummins, Generac Power Systems, Greaves Cotton, HIMOINSA, J C Bamford Excavators, Kirloskar, Kohler, Mahindra Powerol, Mitsubishi Heavy Industries, Rolls-Royce, Sterling Generators, and Wartsila.

Peak Shaving Construction Generator Sets Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 16
  • Tables & Figures: 40
  • Countries covered: 36
  • Pages: 120
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