North America Commercial Gensets Market Size – By Power Rating, By Fuel, By End Use, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

North America Commercial Gensets Market Size

The North America commercial gensets market was valued at USD 1.8 billion in 2024 and is estimated to grow at a CAGR of 6.4% from 2025 to 2034. The industry is set to benefit from a blend of increasing infrastructure investments and a robust construction sector.
 

A commercial gensets is a backup power generation system used by various sectors of the economy, such as industries, offices, schools, and hospitals. These units are crucial strategic solutions to address power shortages and are particularly essential for hospitals and data centers. Stringent government regulations to reduce carbon emissions along with unpredictable power outages will positively sway the business potential. The growing demand for power backup systems in line with the expansion of cloud computing and increased use of digital devices will fuel product penetration.
 

North America Commercial Gensets Market Trends

The generator sets market is set for significant growth owing to tightening environmental regulations and a growing shift toward cleaner energy sources. These systems have become a widely used and strategically essential solution for addressing power shortages, particularly when compared to other backup options. Their widespread application in healthcare facilities and data centers will further drive the positive growth outlook for the industry. There is a notable shift toward cleaner and more efficient solutions with increasing adoption of hybrid gensets to meet stricter environmental regulations and sustainability goals, stimulating the business dynamics.
 

North America Commercial Gensets Market Analysis

The > 125 kVA - 200 kVA rated commercial gensets industry will exceed USD 500 million by 2034. The continued expansion of mobile towers to meet the increasing demands of a growing customer base will be a key factor in driving business growth. This growth is largely driven by the rising number of commercial complexes, large industrial facilities and retail establishments. Furthermore, stringent environmental regulations aimed at reducing carbon emissions are prompting businesses to invest in cleaner and more efficient power generation systems that will energize the industry dynamics.
 

The diesel commercial gensets market size will register at a CAGR of over 5.5% through 2034. The rising frequency of power outages, the deterioration of grid infrastructure and the need for reliable performance in extreme weather conditions will lead to increased demand for these units. Additionally, the continuous and growing need for greater power generation capacities to meet the demands of commercial facilities will drive the product adoption.
 

The hospitality application will gain appreciable momentum on account of growing concerns over power outages and grid reliability. The businesses, data centers, hospitals, and other essential facilities require continuous power to maintain their operations. Additionally, the growth of e-commerce has heightened the need for backup power solutions in distribution centers and warehouses. In addition, the hotels and resorts owners are investing in generators to ensure seamless operations during power disruptions, which in turn will foster the business landscape.
 

U.S. commercial gensets market is set to reach over USD 2.4 billion by 2034. The business environment is set to benefit from increasing data center outage costs and a rising consumer demand for reliable backup power solutions. Stringent government regulations focused on reducing carbon emissions along with frequent and unpredictable power disruptions will augment the industry landscape. Additionally, the expansion of commercial and retail developments has significantly driven the demand for uninterrupted power supply, stimulating the business scenario.
 

North America Commercial Gensets Market Share

The manufacturers in the industry are adopting several key strategies to strengthen their market position. One of the primary strategies is the focus on product innovation, with companies investing in advanced technologies like hybrid gensets and energy-efficient solutions that reduce fuel consumption and emissions. They are also incorporating IoT (Internet of Things) technology to enable remote monitoring and predictive maintenance, enhancing reliability and minimizing downtime for commercial users. Furthermore, collaborations with energy providers and construction firms are being leveraged to expand market reach and enhance service offerings.
 

North America Commercial Gensets Market Companies

Major players operating in the North America commercial gensets industry are:

• Atlas Copco
• Briggs & Stratton
• Caterpillar
• Cummins
• Deutz
• Doosan
• FG Wilson
• Generac Power Systems
• Himoinsa
• HIPOWER
• Mitsubishi Heavy Industries
• Multiquip
• Perkins Engines Company
• Pramac
• Rehlko
• Rolls Royce
• Wartsila
• Yanmar
   

North America Commercial Gensets Industry News

• In April 2024, Cummins introduced its next-generation X15 off-highway engine set at Intermat. This genset maintains its reputation for reliability while reducing operating costs and it also offers improved fuel efficiency and lower emissions. It is built on the HELM platform and the engine gives customers the flexibility to choose a fuel type suited to their business needs to its versatile base engine design along with the adaptable cylinder heads and fuel systems.
   
• In January 2024, Caterpillar has unveiled the DG450 compact natural gas powered generator set, a 450-kW ultra-low NOX power generating solution designed for non-emergency use in U.S. areas identified by the Environmental Protection Agency (EPA) as non-attainment zones. Engineered to meet stricter environmental standards, this generator set offers a reliable and efficient power solution for regions with more stringent air quality requirements.
   

This North America commercial gensets market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (‘000 Units) & revenue (USD Million) from 2021 to 2034, for the following segments:

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Market, By Power Rating

• ≤ 50 kVA
• > 50 kVA – 125 kVA
• > 125 kVA - 200 kVA
• > 200 kVA – 330 kVA
• > 330 kVA – 750 kVA
• > 750 kVA

Market, By Fuel

• Diesel
• Gas
• Hybrid

Market, By End Use

• Telecom
• Healthcare
• Data Centers
• Educational Institutions
• Government Centers
• Hospitality
• Retail Sales
• Real Estates
• Commercial Complex
• Infrastructure
• Others

Market, By Application

• Standby
• Peak Shaving
• Prime/Continuous

The above information has been provided for the following countries:

• U.S.
• Canada