In 2023, the import of diesel generating sets with an output of 375 kVA or more in the US stood at a certain baseline figure. The data forecasts a steady yearly increase in imports from 2024 to 2028, with values expressed in thousands, indicating consistent market demand.
Year-on-year growth from 2024 to 2025 is notable, followed by continued upward trends through to 2028. The Compound Annual Growth Rate (CAGR) over this projected period highlights a sustained and positive growth trajectory.
Future trends to watch for include:
- Technological advancements improving efficiency and reducing emissions from diesel generators.
- Shifts towards renewable energy impacting diesel generator demand.
- Regulatory changes that could affect import tariffs or standards.