Market Size of United States Diesel Generator Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 4.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Diesel Generator Market Analysis
The United States diesel generator market is expected to register a CAGR of more than 4% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels.
- Over the long term, factors like increasing growth in mining, manufacturing, agriculture, and construction, the industrial segment is expected are expected to drive the market.
- On the other, hand increasing shift towards cleaner energy sources is a major restraint hindering the growth of the .market
- Nevertheless, with the increasing deployment of data centers in the region with the Internet of Things (IoT) adoption, the demand for diesel generator sets is expected to create enormous opportunities for Diesel Generators deployment.
