The market size volume for generator sets with spark-ignition internal combustion piston engines of an output inferior to 7.5 kVA in Italy stood at approximately 60,000 units in 2023. Forecasts indicate a gradual increase, reaching a volume of 67,900 units by 2028. This represents a year-on-year growth of around 2.65% from 2024 to 2025, 2.53% from 2025 to 2026, 2.45% from 2026 to 2027, and 2.38% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected to be close to 2.57%.
Future trends to watch for include:
- Advancements in green and sustainable technology to meet environmental regulations.
- Potential shifts in demand due to fluctuations in energy prices or policies.
- Innovations in engine efficiency and alternative fuel usage.
- Impact of economic conditions on consumer and industrial investment in backup power solutions.
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