The North America Diesel Genset Market is Projected to Grow at a CAGR of 2.7% During 2019-25
North America's diesel genset market is anticipated to grow at a moderate pace on the back of improving power infrastructure. Rising concerns to avoid power failure coupled with high power demand is further projected to trigger the progression of the North America diesel genset market over the coming years.
According to this research, the North America Diesel Genset Market is projected to grow at a CAGR of 2.7% during 2019-25. Among all the North American countries, the USA is expected to dominate the market during the forecast period. However, Canada would witness high growth projections in the region over the coming years on account of increasing demand for diesel gensets to provide the power solution to a growing number of commercial and housing projects. The rising number of immigrants in the country, as a result of favorable visa policies adopted by the government, is further anticipated to propel housing sector growth leading to an increased demand for diesel gensets.
Commercial application has been observed as the highest revenue-generating segment in the region owing to a surge in demand for office spaces and rising healthcare sector projects. Moreover, the application is anticipated to maintain its dominance during the forecast period on account of an increasing number of data centers and telecom towers to support the telecommunication sector in the region. The growing tourism industry in the area would further push the growth of the hospitality sector, which would surge the demand for diesel gensets over the coming years.
The report thoroughly covers the market by kVA ratings, applications, and countries. The report provides an unbiased and detailed analysis of the on-going 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
- North America Diesel Genset Market Size and North America Diesel Genset Market Forecast, until 2025
- Historical Data of North America Diesel Genset Market Revenues & Volume, for the Period 2015-2018
- Market Size & Forecast of North America Diesel Genset Market Revenues & Volume, until 2025
- Historical Data and forecast of USA and Canada Diesel Genset Market Revenues and Volume, for the Period 2015-2018
- Market Size & forecast of the USA and Canada Diesel Genset Market Revenues and Volume, until 2025
- Historical Data and forecast of USA and Canada Diesel Genset Market Revenues and Volume, by kVA rating, for the Period 2015-2018
- Market Size and forecast of USA and Canada Diesel Genset Market Revenues and Volume, by kVA rating, until 2025
- Historical Data and forecast of USA and Canada Diesel Genset Market Revenues, by Applications, for the Period 2015-2018
- Market Size and forecast of the USA and Canada Diesel Genset Market Revenues, by Applications, until 2025
- Market Share, By Companies
- Market Trends and Industry Life Cycle
- Market Drivers and Restraints
- Market Trends
- Competitive Benchmarking
- Competitive Landscape
- Key Strategic Recommendations
North America Diesel Genset Market Report Segmentation
The report offers a detailed analysis of the following market segments:
By kVA Rating
- 5 kVA-75 kVA
- 75.1 kVA-375 kVA
- 375.1 kVA-750 kVA
- 750.1 kVA-1000 kVA
- Above 1000 kVA
By Applications
- Residential
- Commercial
- Industrial
- Transportation & Public Infrastructure
By Countries
- USA
- Canada
Table of Contents
1. Executive Summary
Samples
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Companies Mentioned
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- Denyo Co., Ltd.
- FG Wilson
- Generac Power Systems, Inc.
- Himoinsa Power Systems Inc.
- Kohler SDMO
- MTU Onsite Energy
- Perkins Engines Co. Ltd
Methodology
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