Generator Market Outlook 2035: Powering Resilience in a Uncertain...

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2025-04-29 19:25:45 - Translate -

Generator Market Outlook 2035: Powering Resilience in a Uncertain Energy Landscape

The global generator market was valued at US$ 39.6 Bn in 2023 and is anticipated to reach US$ 69.9 Bn by 2035, growing at a CAGR of 4.9% from 2024 to 2035. This steady expansion is being driven by a convergence of factors including surging power demand, increasing frequency of power outages, and growing electrification efforts in off-grid regions. As urbanization accelerates and climate-related...

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