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Single Phase Gasoline Gensets Market Size
- Report ID: GMI9354
- Published Date: May 2024
- Report Format: PDF
Single Phase Gasoline Gensets Market Size
Single Phase Gasoline Gensets Market was valued at USD 5.4 billion in 2023 and is anticipated to grow at a CAGR of over 4.1% from 2024 to 2032. Inadequate power supply along with frequent interruptions in power and evolving consumer preferences toward backup solutions will energize the industry dynamic.
A single phase gasoline genset is an equipment driven by an engine that transforms the chemical energy obtained from the fuel powering the engine into electrical power. It is a power generator that operates using gasoline fuel and produces electricity in an electrical system. It's commonly used as a backup power source in situations where a reliable electricity supply is not available, comprising of power outages and in remote locations.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Single Phase Gasoline Gensets Market Size in 2023: | USD 5.4 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.1% |
| 2032 Value Projection: | USD 7.7 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 325 |
| Tables, Charts & Figures: | 780 |
| Segments covered: | Power Rating, End Use & Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Single Phase Gasoline Gensets Market Scope
