According to the research report titled ‘America Diesel Gensets Market Size By End-Use, Application, Power Rating, Industry Analysis Report, Country Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020a??2026’, available with Market Study Report, America diesel gensets market is expected to record unprecedented growth during 2020-2026.
 

Rising demand for continuous electrical supply coupled with rising prevalence of power failures owing to weather-related disasters and poor transmission & distribution network are key factors driving the growth of America diesel gensets market.
 

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Swift industrialization and rapid expansion of service sector are further aiding the market expansion. Rising per capita income and shifting preferences towards independent sources of energy are also stimulating the industry outlook.
 

According to the report, standby diesel gensets market is anticipated to experience significant growth in the ensuing years, primarily driven by inadequate infrastructure of power generation and growing demand for reliable electrical supply. Rising adoption of standby gensets in telecommunications, educational institutions, healthcare facilities, data centers and others are also positively impacting the growth of the overall market.
 

As per power rating, the report states that 375-750 kVA segment of America diesel gensets industry is reckoned to witness high CAGR through 2026. Flourishing telecommunications sector, increasing number of data centers, rising adoption of fast processing data systems and growing demand for backup solutions in commercial establishments is favoring the overall market outlook.
 

Based on application spectrum, commercial segment is poised to generate lucrative revenues in the forthcoming years. Escalating investment in retail and IT sector coupled with rapid urbanization and expansion of communication networks are boosting the growth of America diesel gensets market from commercial applications.
 

From the regional perspective, U.S. diesel gensets market is predicted to expand significantly during the study duration. Increasing infrastructural development and focus towards adopting reliable sources of energy are augmenting the regional demand for diesel gensets. Additionally, rising prevalence of blackouts owing to extreme weather conditions and aging network infrastructure are facilitating the business scenario in the U.S.
 

Alternatively, Canada diesel gensets market is slated to witness commendable growth in the subsequent years. Growing demand for continuous power supply across various industry verticals is promoting the Canada market outlook.
 

Kirloskar Oil Engines Limited, Briggs & Stratton Corporation, Generac Holdings Inc., Cummins, Kohler SDMO, Honda Power Product, Escorts Ltd., HIMOINSA S.L., Sterling Generators Pvt. Ltd., Ashok Leyland Ltd., C&S Electric Ltd., Ingersoll-Rand Inc., Atlas Copco, Caterpillar Inc., and Yamaha Motor Corp. are the major contenders in America diesel gensets market.