The re-import of diesel generating sets of an output of 75-375 kVA to Canada in 2023 stood at the same level as in 2024, maintaining a value of 3.9 units. Over the forecast period from 2024 to 2028, the volume is projected to remain stable with a slight decline starting in 2026, reaching a steady state of 3.8. The average annual growth rate (CAGR) over these years is negligible, indicating a flat trend.
Future trends to watch for include:
- Advancements in alternative energy sources which may reduce demand for diesel generators.
- Evolving government regulations concerning emissions and import tariffs impacting re-import levels.
- Economic conditions in industries reliant on temporary power solutions potentially affecting generator demand.