Construction Generator Sets Market Size

Construction Generator Sets Market size is expected to reach USD 17 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of the construction generator sets was USD 7 Billion. Growth in investments made in the real estate sector is fueling the market growth. As per the latest report, domestic investors' shares increased to an estimated value of 35% in 2023 from 14% in 2022. The total amount of commercial real estate shares was 1.4 trillion USD in 2022.

The main advantage of construction generator sets is their reliability and flexibility, which have a significant positive impact on the market growth. These systems can work on different ranges of fuels such as diesel, natural gas, and propane, which makes them fit for a wide range of industries and scenarios. It’s also used as a backup power, majorly for remote construction sites.