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

U.S. Standby Generator Sets Market Share

Report ID: GMI6450
Published Date: Aug 2023
Report Format: PDF

Download Free Sample

U.S. Standby Generator Sets Market Share

Key industry players operating in the U.S. standby generator sets market include :

HIMOINSA Power Systems Inc.
Wärtsilä
Gillette Generators
Deere & Company
Eaton
Rolls-Royce plc
Atlas Copco AB
J C Bamford Excavators Ltd.
HIMOINSA
Caterpillar
Generac Power Systems, Inc.
Kohler Co.
Siemens
Kirloskar
Cummins, Inc.
Briggs & Stratton.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size for standby generator sets in U.S. reached USD 6.1 billion in 2023 and will record 7.2% CAGR up to 2032, owing to the rising concern toward grid stability and energy security along with heavy government investments in backup power solutions.

U.S. standby generator sets market size from the > 150 kVA to 300 kVA capacity power rating segment surpassed USD 1.5 billion in 2022, driven by the flourishing commercial and industrial sector.

Demand for diesel powered standby gensets in the U.S. will reach over USD 2 billion by 2032, owing to the increasing demand for power solutions to offer rapid start-up and optimal reliability.

U.S. standby generator sets industry size from the industrial application segment will record 7.5% CAGR from 2023-2032 on account of the increasing requirement for dependable backup power solutions and escalating investments in infrastructure.