HD Construction Machinery is demonstrating its competitiveness in the North American power engine market through a series of large-scale contracts.
On November 10, HD Construction Machinery announced that it has signed a contract to supply 22-liter gas power engine long blocks to Power Solutions International (PSI), a North American power and engine solutions company. The contract, valued at approximately 160 billion won, will last for two years starting in 2027.
PSI provides customized power supply systems for various industrial infrastructure sites, including data centers, and plans to utilize HD Construction Machinery's engine long blocks in its power generation systems.
Following a contract worth 390 billion won for gas power engine long blocks secured in October, HD Construction Machinery has now accumulated contracts totaling 560 billion won in North America within just one month.
According to market research firm Market Data Forecast, the North American generator market is projected to grow from approximately $9.41 billion (about 12.7 trillion won) in 2026 to around $13.02 billion (about 17.5 trillion won) by 2034, with an average annual growth rate of 4.14%.
HD Construction Machinery is strengthening its market presence in North America by focusing on power engines. The company's engines are noted for their short lead times and quick installation, allowing for flexible adjustments in operational scale according to changes in power demand, making them a preferred choice for data center power solutions.
An HD Construction Machinery representative stated, "Through these consecutive large-scale supply contracts, we have once again proven the technology and reliability of our engines. We will actively target the rapidly growing power infrastructure market and continue to expand our business."
* This article has been translated by AI.
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