Genset Enclosure Market - Regional Analysis
North American Market Forecast
North America industry is likely to account for largest revenue share of 45% by 2035, impelled by the presence of a huge number of data centers. The largest single region in the world for connectivity and cloud computing today is the United States, with data centers throughout North and South America offering the most secure platform for hybrid data. These data centers typically consume a lot of electricity which is roughly ten times what an average American home uses for electricity. For instance, in 2020, the data centers in the United States used over 72 billion kWh. As a result, there is a heightened need for backup generators to maintain the continuous supply of power for data centers in the event of a power outage. According to estimates, with more than 5,370 data centers as of 2023, the United States leads all other countries in the globe.
APAC Market Statistics
The APAC genset enclosure market is estimated to be the second largest, during the forecast timeframe led by the presence of government initiatives to maintain workplace safety. The Indian government is dedicated to putting the national policy on workplace safety, and health, to give the workers a secure place to work. For instance, the Factories Act, of 1948, primarily addresses the health, safety, and welfare of workers inside factories by establishing rules and precautions for operating machines and adhering to them strictly.
