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Diesel Powered Portable Conventional Gensets Market Trends

Report ID: GMI10768
Published Date: Aug 2024
Report Format: PDF

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Diesel Powered Portable Conventional Gensets Market Trends

The industry is poised for substantial growth owing to the integration of renewable energy sources and burgeoning investment in residential & commercial establishment. Growing concern of energy security in association with incorporation of IoT and smart control systems will positively sway the business landscape. Additionally, rapid expansion of infrastructure and construction activities along with the rising demand for uninterrupted power supply will propel the demand for portable generators.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of diesel powered portable conventional gensets was worth over USD 1 billion in 2023 and is estimated to grow at 3.7% CAGR during 2024 to 2032, driven by frequent & prolonged power outages.

The three-phase diesel powered portable conventional generator market will exceed USD 650 million by 2032, led by the growing adoption of portable power solutions for home use, small businesses, and temporary setups.

Asia Pacific diesel powered portable conventional generator market is set to surpass USD 700 million by 2032, driven by the burgeoning demand for efficient and reliable power solutions in association with increasing frequency of extreme weather events.

Allmand Bros., Inc, Atlas Copco AB, Bobcat Company, Champion Power Equipment, Changzhou ITC Power Equipment Manufacturing Co., Ltd, Chicago Pneumatic, and Generac Power Systems Inc. among others.