North America Commercial Genset Market

1. North America Commercial Gensets Market to Witness the Highest Growth Globally in Coming Years 2021-2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. According to a recent study from market research firm Graphical Research, the North America commercial gensets market size is poised to expand at substantial CAGR during the forecast period. The prevalence of faulty grid infrastructure and an upsurge in power outages frequency owing to hostile weather are likely to propel North America commercial gensets market revenue. Customers’ preference for reliable power backup solutions and emergence of technological advancements have augured well for the industry outlook. According to an estimate, North America commercial gensets market size is projected to grow substantially by 2026. Robust infrastructural growth in light of private and public investments aimed at developing commercial spaces has instilled confidence among stakeholders. Penetration of gas commercial gensets will become more noticeable as the trend for cleaner fuel continues to gain popularity in the region. Besides, increased investments toward the growth of LNG infrastructure and oil and gas exploration projects will further impel the footprint of gas gensets. End-markets will continue to exhibit traction for diesel gensets as they provide weather-independent, scalable and flexible operations. While low up-front costs and smooth power availability have driven the deployment of diesel gensets, paradigm shift towards cleaner fuels, energy efficiency and cost reduction may dent the adoption of these units. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

3. Browse detailed statistical insights from the report, “North America Commercial Genset Market” along with the table of contents (ToC) @https://bit.ly/3EUMINC Get sample copy of this research report @ https://www.graphicalresearch.com/request/1615/sample ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

4. Stakeholders envisage >750 kVA gensets as a revenue-boosting segment given that they can reduce costs incurred during power downtimes and outages. Deployment of >750 kVA will further gain ground from increased demand from data centers and the trend for work from home policy adopted by several companies in the region. Not to mention, the need for a consistent and reliable power supply in the intensive care units has signified the relevance of gensets. Deployment of 375-750 kVA gensets will witness pressing demand in the region following an upsurge in the building of mega commercial buildings for hotels, data centers and telecom towers. Moreover, the easy availability of affordable and reliable power solutions and customer inclination towards emergency preparedness are some of the dynamics spurring the trend for 375-750 kVA gensets. Leading companies are slated to boost their investments in standby commercial gensets in light of frequent blackouts and outages in industries, including IT-enables service firms and data centers. It is pertinent to mention that the demand for standby gensets has surged drastically in the past several years to meet the demand for electricity in emergency situations in commercial projects. The U.S. commercial gensets market value is likely to gain a noticeable uptick as the country continues to observe an unprecedented surge in construction and restricting activities, along with governments’ funding. Well-established companies have increased their investments to keep up with the demand for a reliable power supply. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

5. Brazil is also expected to come up with a favorable investment hub on the back of soaring construction activities, viable government initiatives and growth of smart cities. Furthermore, Brazil is witnessing an influx of funds towards the establishment of commercial spaces, leading to the demand for reliable and uninterrupted power supply. Even though the North America commercial gensets market outlook is projected to remain robust, the fallout of COVID-19 pandemic has seemingly dented the growth. Simply put, several end-users have either shut or suspended the operation. That said, an upsurge in the number of make-shift hospitals amidst the pandemic fared well for companies eyeing to make their mark in North America commercial gensets industry. The implementation of rigorous emission laws and inclination towards environment conservation will set the benchmark for both emerging companies and leading companies in the industry. It is worth mentioning that expanding penetration of data centers, retail stores and government centers will further the adoption of commercial gensets across the region. Some of the key industry players are Cummins, Siemens, Atlas Copco, Kohler SDMO, Caterpillar, Generac Holdings, Wartsilla and MTU Onsite among others. These companies are expected to foster their business strategies to gain a competitive edge and propel North America commercial gensets market share. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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