Home > Energy & Power > Electrical Equipment > Generator Sets > U.S. Generator Sets Market

U.S. Generator Sets Market Trends

Report ID: GMI6447
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

U.S. Generator Sets Market Trends

The robust growth of data centers, critical infrastructure, and healthcare sectors along with the flexibility and cost-effectiveness of rental services will positively impact the generator sets market. Additionally, rising investments in technological innovations, including the integration of smart technologies alongside a focus on research and development will enhance the business landscape. The increasing adoption of smart technologies coupled with regulatory standards for backup power solutions in various sectors will foster product deployment.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size for generator sets in U.S. reached USD 8.1 billion in 2023 and is anticipated to record around 7.1% CAGR from 2024 to 2032.

The diesel gensets segment is projected to cross USD 3 billion by 2032, owing to the need for reliable and uninterrupted power supply with cost-effective solutions.

The standby generator sets market in U.S. is estimated to surpass USD 10 billion by 2032, on account of uninterrupted power supply and scalability offered by these gensets, along with the emission control technologies.

Kohler Co., Yamaha Motor Co., Generac Power Systems, Sterling & Wilson Pvt., HIMOINSA, Caterpillar, Atlas Copco AB, J C Bamford Excavators Ltd., Rolls-Royce plc, Deere & Company, Mitsubishi Heavy Industries, Ltd., W