According to 6Wresearch, the US Diesel Genset Market size is projected to grow at a CAGR of 2.6% during 2019-to 2025. Diesel gensets with 375 kVA-750 kVA ratings accounted for a significant revenue share in the overall US diesel Generator market in 2018, owing to the high-power requirements for wide-scale projects in the country. Moreover, increasing instances of power outages, due to aging power transmission networks, have led to the growing adoption of secondary power sources. Amongst these, diesel gensets offer a more viable solution on the back of low installation cost and high efficiency, hence, escalating the demand for 5 to 75 kVA rated diesel gensets over the coming years.
Based on applications, the commercial application acquired the majority of the revenue share in the overall US diesel Genset market Share, as diesel gensets are favored by commercial site operators in remote areas in central parts of the US, owing to low electric efficiency and frequent power outage.
The rising development of infrastructure backed by increasing disposable income is driving the need for regular and reliable power which is further driving the growth of Diesel Generator Market in US. Moreover, the rising demand for power in residential areas backed by a surging population beholds the US Diesel Genset Market Growth.
The US Diesel Generator Market report thoroughly covers the market by kVA ratings and applications. The US diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing US diesel Genset market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- US Diesel Genset Market Forecast of revenues until
- 2025
US Diesel Genset Market Price Trends - US Diesel Gensets Market Drivers and Restraints
- US Diesel Genset Market Trends
- US Diesel Genset Market Share, By Companies
- US Diesel Genset Market Overview
- US Diesel Genset Market Outlook
- US Diesel Genset Market Forecast
- US Diesel Genset Market Size
- US Diesel Genset Market Share, by kVA ratings
- US Diesel Genset Market Overview on Competitive
- Benchmarking
- Company Profiles
- Strategic Recommendations
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