U.S. Switching to Eco-Friendly Diesel Gensets
The U.S. has recently observed a significant rise in the number of data centers, due to the adoption of advanced technologies like 5G, the internet of things (IoT), and edge computing. The deployment of these technologies requires additional storage space for the high-volume data generated by them. Therefore, the extensive investments in the development of data centers will propel the installation of diesel gensets in the U.S., as these facilities require a reliable power backup facility, which is offered by generators. Additionally, the growth of the construction industry in the country will drive the U.S. diesel genset market at a CAGR of 7.2% during the forecast period (2020–2030). The market was valued at $2,187.4 million in 2019, and it is expected to reach $3,797.6 million by 2030 . The U.S. Department of Transportation (US DOT), in December 2018, announced the second round of the INFRA discretionary grants program for the infrastructure sector of the country, which has been, sin...