United States Emergency Generator Set Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The US Emergency Generator Set Market has witnessed significant growth due to an increasing demand for backup power systems across various industries. The requirement for these generators is driven primarily by the need for continuous operations during power outages, especially in critical sectors such as healthcare, manufacturing, and telecommunications. Emergency generator sets are designed to provide an uninterrupted power supply during emergency situations, which has become essential for many industries in the US to maintain their operations without disruption.
Various types of emergency generator sets are available in the market, including diesel, natural gas, and propane-powered generators. Among these, diesel generators dominate the market due to their reliability, efficiency, and ability to handle large power loads. Natural gas generators, on the other hand, are increasingly preferred due to their cleaner emissions and lower operational costs. As industries look for more environmentally friendly solutions, natural gas and hybrid systems are gaining popularity, providing both power reliability and lower carbon footprints.
The healthcare industry, particularly hospitals, is one of the primary sectors driving the demand for emergency generators. A sudden power failure could endanger lives, making uninterrupted power crucial for hospitals to operate life-support equipment and other essential services. Similarly, manufacturing facilities rely on emergency generator sets to avoid downtime, which can lead to significant production losses and financial implications.
Telecommunications is another sector that requires backup power systems. With the increasing reliance on mobile networks and internet services, uninterrupted connectivity is essential for service providers. Any power disruption can result in loss of communication services, affecting both consumers and businesses alike. Additionally, commercial and residential buildings in areas prone to extreme weather conditions also rely on backup power systems for safety and convenience.
Overall, the growing dependence on continuous power supply across various industries ensures that the Emergency Generator Set Market will continue to expand. The key drivers for this growth include advancements in generator technology, environmental regulations, and the increasing frequency of power outages caused by natural disasters and aging infrastructure.
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Cummins
Kirloskar
Briggs & Stratton
SDMO Industries
Generac
Yamaha
Powerica
Escorts Group
Himoinsa
Caterpillar
Ingersoll-Rand
Atlas Copco
C&S Electric
JCB
Mahindra Powerol
MTU Onsite Energy
John Deere
Ashok Leyland
Mitsubishi
Wartsila
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Emergency Generator Set Market
Diesel
Gasoline
Natural Gas
Propane
Biodiesel
Up to 5 kW
5 kW - 10 kW
10 kW - 20 kW
20 kW - 50 kW
Above 50 kW
Residential
Commercial
Industrial
Construction
Telecommunication
Single-Phase
Three-Phase
Conventional Generators
Inverter Generators
Hybrid Generators
Portable Generators
Stationary Generators
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Emergency Generator Set Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Emergency Generator Set Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Emergency Generator Set Market, By Type
6. US Emergency Generator Set Market, By Application
7. US Emergency Generator Set Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Emergency Generator Set Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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