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U.S. Generator Sets Market Size
- Report ID: GMI6447
- Published Date: Dec 2024
- Report Format: PDF
U.S. Generator Sets Market Size
The U.S. generator sets market was valued at USD 8.7 billion in 2024 and is estimated to grow at a CAGR of 6.9% from 2025 to 2034. The shift toward cleaner & more sustainable energy solutions driven by advancements in generator efficiency, emission reductions and automation will fuel product penetration. The surging integration of IoT technologies including predictive maintenance, diagnostics and remote monitoring along with the expansion of construction will enhance the industry landscape.
A generator set is an electrical system consisting of an engine, generator and other components designed to generate electrical power. These units are mainly used to provide emergency power during grid outages or in locations without grid access. The rising frequency of extreme weather events and natural disasters has increased the need for reliable backup power solutions. Furthermore, stricter environmental regulations and emissions standards, along with advancements in generator set efficiency, have driven the growing demand for these units nationwide.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| U.S. Generator Sets Market Size in 2024: | USD 8.7 Billion |
| Forecast Period: | 2025 to 2034 |
| Forecast Period 2025 to 2034 CAGR: | 6.9% |
| 2034 Value Projection: | USD 17.2 Billion |
| Historical Data for: | 2021 to 2024 |
| No. of Pages: | 90 |
| Tables, Charts & Figures: | 26 |
| Segments covered: | Power Rating, Fuel, End Use, and Application |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
U.S. Generator Sets Market Scope
