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Real Estate Generator Market Trends

Report ID: GMI6141
Published Date: Jul 2023
Report Format: PDF

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Real Estate Generator Market Trends

Rising construction activities with expansion of off-grid and remote properties will further influence the industry growth. The increasing uptake of distributed energy resources coupled with a strong emphasis on energy efficiency and fuel consumption, will serve as positive catalysts for bolstering the inclusive product penetration. The real estate developers, property owners, and managers are investing in generators to ensure continuous power supply during outages, emergencies, or planned maintenance, stimulating the market development.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of real estate generator reached USD 904.4 million in 2023 and is expected to expand at 8.6% CAGR during 2024 to 2032, driven by the rising demand for customized solutions coupled with the integration of energy storage.

Real estate generator industry from the gas generator sets segment will surpass USD 550 million by 2032 owing to the consumer shift toward clean energy solutions driven by the growing emphasis on energy efficiency.

North America real estate generator business was worth USD 114.5 in 2022 and is expected to expand at robust growth rate from 2023-2032 attributed to the surging demand for backup power solutions and the surging need for grid resiliency in extreme weather events.

Some of the top real estate generator companies include Caterpillar, Cummins, Generac Power Systems, Rolls-Royce plc, Atlas Copco AB, HIMOINSA, Wacker Neuson SE, YANMAR HOLDINGS, FG Wilson, HIPOWER, PR INDUSTRIAL, SDEC Power, DEUTZ Power Center, Doosan Portable Power, and MITSUBISHI HEAVY INDUSTRIES.