United States Diesel Generator Set Markets Report 2022 – The Market Is

Reverse Logistics Market Report 2022: Demand for

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Dublin, August 31, 2022 (GLOBE NEWSWIRE) — The report “US Diesel Generator Set Market Report”. ResearchAndMarkets.com offering.

The US diesel generator set market is expected to reach $3,132.4 million by 2030 from $2,175.6 million in 2021, at a CAGR of 4.1% from 2021 to 2030 due to the increasing cases of power outages and the increasing development of hotels, corporate offices and homes.

Construction spending in February 2022 totaled $1,704.4 billion, an increase of about 0.5% from $1,695.5 billion in the previous month, according to the US Census Bureau.

Based on power requirement, standby power genset sales are anticipated to grow at the highest CAGR of the US diesel genset market. In addition, the growing need for standby power gensets is seen driven by the development of data centers, as well as the increasing susceptibility to power outages caused by natural catastrophes.

Several players in the US diesel generator set market are focusing on launching products to improve their position and acquire a larger consumer base. The players in the market are Doosan Enerbility Co. Ltd., Wacker Neuson Group, Atlas Copco AB, AB Volvo, Rolls-Royce plc, Generac Holdings Inc., Kubota Corporation, Kohler Co., Cummins Inc. and Caterpillar Inc.

Based on mobility, the stationary category dominated the US diesel generator set market in 2021, with a revenue share of approximately 60%. This is due to the increasing use of these generator sets in data centers, corporate offices, oil and gas refineries, housing societies, manufacturing plants, product distribution centers, and transportation applications.

Key Findings from the US Diesel Generator Set Market Report

  • The demand for diesel generators for residential needs is expected to grow at the highest rate. One of the main reasons for this would be the increasing use of residential industry generators that have power capacities below 80 kW, to power equipment such as water purifiers and water pumps.
  • Caterpillar Inc. announced 9 Cat GC diesel generators for medium to large-scale stationary standby applications in November 2021. In North America, three types of generator sets are available, ranging from 800 kW to 1250 kW for 60 Hz applications .
  • Generac Holdings Inc. introduced the MDE570 and MDE330 mobile diesel generators in October 2021 for easy maintenance and operation.
  • People in the US are turning to backup power sources, such as solar photovoltaic systems and gas or diesel generator sets, due to power interruptions caused by aging electrical grid infrastructure.
  • Hyperscale cloud providers and commercial companies in the US are increasingly using data centers to meet domestic and international data demand. Data centers require a constant power supply and use generator sets for backup.
  • Diesel generator sets are in high demand because many construction operations take place in areas where demand for electricity is not met.

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research methodology

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of market segments
4.1.1 By Power Requirement
4.1.2 By Mobility
4.1.3 By rated power
4.1.4 By application
4.1.4.1 Commercial
4.1.4.1.1 Retail establishments
4.1.4.1.2 Commercial offices
4.1.4.1.3 Telecommunications towers
4.1.4.1.4 Hospitals
4.1.4.1.5 Hotels
4.1.4.1.6 Event Sites
4.1.4.1.7 Others
4.1.4.2 Industrial
4.1.4.2.1 Manufacturing
4.1.4.2.2 Power
4.1.4.2.3 Oil and gas
4.1.4.2.4 Others
4.1.4.3 Residential
4.2 Value chain analysis
4.3 Market dynamics
4.3.1 Trends
4.3.1.1 Launch of advanced diesel generator sets
4.3.2 Drivers
4.3.2.1 Increase in the number of data centers
4.3.2.2 Increasing cases of power outages and need for continuous power supply for certain operations
4.3.2.3 Growth in the construction industry
4.3.2.4 Impact Analysis of Drivers on Market Forecast
4.3.3 Restrictions
4.3.3.1 Adoption of alternative energy sources
4.3.3.2 Impact Analysis of Constraints on Market Forecast
4.3.4 Impact of COVID-19 on the US Diesel Generator Set Market
4.3.5 Emission Standards and Related Requirements for Engine Steady State Testing
4.3.5.1 Optional standards for diesel generator sets below 8 kW
4.3.5.2 Regulations for Generator Sets Covered by the Primary Family Emissions Limit (FEL) Cap
4.3.6 Regulatory procedure
4.4 Porter’s five forces analysis

Chapter 5. US Diesel Generator Set Market Size and Forecast
5.1 Per Power Requirement
5.1.1 Main power
5.1.1.1 Stationary primary power, by application
5.1.1.2 Portable Prime Power, by Application
5.1.2 Backup Power
5.1.2.1 Stationary Backup Power, by Application
5.1.2.2 Portable Backup Power, by Application
5.2 By Mobility
5.3 By rated power
5.3.1 5-14kVA
5.3.2 15-24kVA
5.3.3 25-34kVA
5.3.4 35-44kVA
5.3.5 45-54kVA
5.3.6 55-64kVA
5.3.7 65-74kVA
5.3.8 75-99kVA
5.3.9 100-149kVA
5.3.10 150-199kVA
5.3.11 200-299kVA
5.3.12 300-399kVA
5.3.13 400-499kVA
5.3.14 Above 500 kVA
5.4 By application
5.4.1 Commercial Application, By User
5.4.2 Industrial Application, by User

Chapter 6. Competitive Landscape
6.1 Market Share Analysis of Key Players
6.2 Strategic Developments of Key Players
6.2.1 Product launches
6.2.2 Expansion of facilities
6.2.3 Other developments

Chapter 7. Company Profiles

  • caterpillar inc
  • general power company
  • cummins inc.
  • Denyo Co.Ltd.
  • Southwest Produce Corporation
  • American Honda Motor Co. Inc.
  • ab volvo
  • Atlas Copco AB
  • Generac Holdings Inc.
  • Kohler Co.

For more information on this report, please visit https://www.researchandmarkets.com/r/cxbidz

  • US Diesel Generator Set Market


        

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