In 2023, the import of generator sets with compression-ignition internal combustion piston engines of an output between 75 kVA and 375 kVA to the UK stood at 6.65 thousand items. Forecasts indicate a steady increase with an annual growth of approximately 1.04% from 2024 to 2028. The compound annual growth rate (CAGR) over this five-year period is estimated to be around 1.02%, reflecting a consistent upward trend.
Future trends to watch for:
- Increased demand due to potential energy security concerns and a shift in industrial power needs.
- Impact of technological advancements in energy efficiency on the market.
- Regulatory changes affecting diesel-powered generator imports and their subsequent implications on imports.