The market size of generator sets with compression-ignition internal combustion piston engines in Poland, specifically with an output between 75 kVA and 375 kVA, stood at 20.074 million euros in 2023. Over the past decade, this market has experienced fluctuations, with a notable decline from 26.443 million euros in 2014 to 20.074 million euros in 2023. The last two years have seen minimal year-on-year declines, at -0.55% in 2022 and -0.54% in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 showed a slight average increase of 0.078% per year, indicating a generally steady market.
Future trends to watch for in this market include:
- Potential innovations in engine technology that may impact efficiency and demand.
- Changes in regulations regarding emissions and environmental impact that could affect market dynamics.
- Economic factors that might influence industrial and commercial investments in generator sets.
- The transition toward renewable energy sources, which could alter the market landscape for traditional generator sets.