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Asia Pacific Generator Sets Market Trends

  • Report ID: GMI8915
  • Published Date: Apr 2024
  • Report Format: PDF

Asia Pacific Generator Sets Market Trends

The expansion of these units on a large scale to ensure a dependable and continuous power supply across the real estate sector and automotive production will propel the business growth. Unforeseen power interruptions resulting from weather-related outages and grid failures cause revenue losses in these sectors, accelerate the deployment of the product. Furthermore, the vigorous expansion of data centers, aligning with their growing relevance in preventing system downtimes, startup complications, and the loss of in-process information, will energize the industry dynamic.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Asia Pacific market for generator sets was reached USD 21 billion in 2023 and is set to grow at 7.5% between 2024 and 2032, driven by increasing consumer inclination toward increased reliability.

Diesel gensets from fuel type segment held a decent market share in 2023 and is set to grow at 7% till 2032, driven by growing demand from industries including oil & gas, mining, telecom, and construction.

China generator sets market will surpass USD 16 billion by 2032, driven by robust expansion of data centers.

Ashok Leyland, Atlas Copco AB,Caterpillar, Deere & Company, FG Wilson, Generac Power Systems, HIMOINSA, Honda India Power Products, Kirloskar, Kohler Co. among others.

Asia Pacific Generator Sets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 686
  • Countries covered: 12
  • Pages: 280
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