According to a market report by Lucintel, the future of the global peak shaving generator set market looks promising with opportunities in the industrial, commercial and residential markets. The global peak shaving generator set market is expected to grow with a CAGR of 8.2% from 2025 to 2031. The major drivers for this market are increasing demand for energy efficiency solutions, rising industrial energy consumption and peak demands, and growing adoption of reliable power backup systems.
A more than 150-page report to understand trends, opportunity and forecast in peak shaving generator set market to 2031 by type (standalone generator sets and parallel generator sets), application (industrial, commercial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, parallel generator set is expected to witness higher growth over the forecast period due to enhanced efficiency.
Within the application category, industrial, commercial and residential is expected to witness the highest growth due to higher energy demands.
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In terms of region, APAC is expected to witness the highest growth over the forecast period due to rapid industrialization.
Caterpillar, Cummins, Rolls-Royce Power Systems, Koel Green, Generac Power Systems, Perkins Engines, Schneider Electric are the major suppliers in the peak shaving generator set market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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