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European Gas Generator Set (Genset) Market, Forecast to 2025
Environmental Regulations and Capacity Markets Drive European Gas Genset Market
  • Stringent environmental regulations, declining gas prices, and increasing demand for flexible transmission of renewable power have sparked a growing interest in gas-powered generator sets in Europe. A recent analysis by Frost & Sullivan has revealed that the market revenue for gas gensets in Europe is expected to expand at a CAGR of 5.3%, from $307.2 million in 2018 to $441.6 million by 2025, while unit sales are set to increase at a CAGR of 3.2%, reaching 2,034 units by 2025.

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