Market Research Future Insights:
The genset market is expected to grow from USD 20.84 billion in 2023 to USD 31.51 billion by 2032, at a CAGR of 5.30% during the forecast period.
Additionally, there is a growing demand for power backup devices, which are supplied by generator sets, due to the rise in power outages and failures in emerging and poor nations worldwide. According to a study by...
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