Generator sets, commonly referred to as gensets, are a type of electrical generator used to provide electricity in the event of a power outage. Gensets are typically powered by diesel, gasoline, or natural gas, and are used in a variety of applications, including residential, commercial, and industrial. Gensets are often used as a backup power source for critical infrastructure, such as hospitals, data centers, and telecommunications networks.
Gensets are a key component of the electricity market, providing reliable and cost-effective power when the grid is unavailable. Gensets are also used to supplement grid power during peak demand periods, helping to reduce the need for expensive and polluting peaking power plants.
The genset market is highly competitive, with a number of major players, including Cummins, Caterpillar, Kohler, Generac, and Briggs & Stratton. These companies offer a wide range of gensets, from small portable units to large industrial-grade generators. Show Less Read more