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U.S. Standby Generator Sets Market Share
- Report ID: GMI6450
- Published Date: Aug 2023
- Report Format: PDF
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.
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.
U.S. Standby Generator Sets Market Scope
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