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Setiawan, A.; Jufri, F.H.; Dzulfiqar, F.; Samual, M.G.; Arifin, Z.; Angkasa, F.F.; Aryani, D.R.; Garniwa, I.; Sudiarto, B. Opportunity Assessment of Virtual Power Plant Implementation for Sustainable Renewable Energy Development in Indonesia Power System Network. Sustainability 2024, 16, 1721. https://doi /10.3390/su16051721
Setiawan A, Jufri FH, Dzulfiqar F, Samual MG, Arifin Z, Angkasa FF, Aryani DR, Garniwa I, Sudiarto B. Opportunity Assessment of Virtual Power Plant Implementation for Sustainable Renewable Energy Development in Indonesia Power System Network. Sustainability. 2024; 16(5):1721. https://doi /10.3390/su16051721
Setiawan, Agus, Fauzan Hanif Jufri, Fatih Dzulfiqar, Muhammad Gillfran Samual, Zainal Arifin, Fahmi Firdaus Angkasa, Dwi Riana Aryani, Iwa Garniwa, and Budi Sudiarto. 2024. "Opportunity Assessment of Virtual Power Plant Implementation for Sustainable Renewable Energy Development in Indonesia Power System Network" Sustainability 16, no. 5: 1721. https://doi /10.3390/su16051721
Setiawan, A., Jufri, F. H., Dzulfiqar, F., Samual, M. G., Arifin, Z., Angkasa, F. F., Aryani, D. R., Garniwa, I., & Sudiarto, B. (2024). Opportunity Assessment of Virtual Power Plant Implementation for Sustainable Renewable Energy Development in Indonesia Power System Network. Sustainability, 16(5), 1721. https://doi /10.3390/su16051721
The global peak shaving construction generator sets market size was valued at USD 1.2 billion in 2024 and is estimated to grow at a CAGR of 8.9% from 2025 to 2034. Robust urbanization and robust infrastructure activities coupled with rising demand for dependable power solutions will stimulate the industry dynamics. Stringent government policies targeting carbon emission reductions, coupled with the adoption of automatic load management systems to optimize fuel consumption will promote the product penetration.
For instance, in April 2023, China’s 14th Five-Year Plan underscored the critical role of modern infrastructure projects, emphasizing advancements in transportation networks, energy systems, water resource management, and urban development.
The industry is set for strong growth driven by strict government regulations and a surge in infrastructure development projects. The continuous construction of critical facilities comprising of highways, airports, dams, and bridges combined with an increasing reliance on dependable power sources to maintain smooth operations will accelerate the demand for generator sets. Additionally, the vulnerability of construction sites to natural disasters, including hurricanes, earthquakes, and storms will proliferate the industry outlook.
The > 330 kVA - 750 kVA rated segment will exceed USD 700 million by 2034. These generator sets are specifically designed to meet the power demands of large-scale construction projects, ensuring continuous operations during power disruptions. Robust economic growth and a surge in construction activities in line with increasing demand for efficient power solutions that ensure seamless project execution will foster the industry expansion. Moreover, ongoing advancements aimed at improving operational reliability, energy efficiency, and performance will encourage the business growth.
The U.S. peak shaving construction generator sets market is set to surpass USD 600 million by 2034. The nation is poised for substantial growth driven by the ongoing expansion of airports and utility infrastructure. Rising environmental consciousness combined with an increasing preference for energy-efficient solutions will create positive business environment. Additionally, government-backed initiatives including funding programs, incentive packages, and tax credits aimed at boosting energy efficiency and system resilience will propel the industry scenario.
The peak shaving construction generator sets industry is characterized by intense competition, driven by the presence of multiple established global and regional players. The competitive landscape is shaped by factors including technological innovation, product efficiency, fuel type versatility, and adherence to emission regulations. Companies aim to differentiate themselves by offering advanced features including enhanced fuel management systems, real-time monitoring, and smart integration capabilities to attract cost-conscious and environmentally aware consumers.
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