A genset refers to an equipment whose function is to convert the so-called heat capacity into mechanical energy and then into electrical energy. In contrast to the traditional standby generator, smart gensets are becoming increasingly interactive with humans, other DER, and the larger electrical grid.

Market Analysis and Insights: Global Smart Gensets Market
In 2020, the global Smart Gensets market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Smart Gensets Scope and Market Size
The global Smart Gensets market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Smart Gensets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Diesel Gensets
Gasoline Gensets
LPG/Natural Gas Gensets

Segment by Application
Residential
Cogeneration
Utility
Other

By Company
Caterpillar
Kohler
GE Power
Cummins
MTU
Generac
Pramac
Siemens
Wartsila
Kipor Power
Himoinsa
Kirloska

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE