Home > Energy & Power > Electrical Equipment > Generator Sets > Air Cooled Home Standby Gensets Market

Air Cooled Home Standby Gensets Market Share

Report ID: GMI5625
Published Date: May 2023
Report Format: PDF

Download Free Sample

Air Cooled Home Standby Gensets Market Share

The major companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry. The key industry market players include

Cummins
Kirloskar
Kohler Co.
Generac Power Systems
Caterpillar
Eaton
Champion Power Equipment
Mahindra POWEROL
HIMOINSA
PR INDUSTRIAL
Briggs & Stratton
DuroMax Power Equipment
Ashok Leyland
Rolls-Royce

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of air cooled home standby gensets surpassed USD 3.9 billion in 2023 and is anticipated to cross a valuation of USD 7.3 Bn by 2032, predicts GMI.

Three phase air cooled home standby gensets industry will witness 6.9% growth between 2023 and 2032 on account of increasing customer awareness regarding backup power sources and the upgradation of unreliable grid infrastructure.

Asia Pacific air cooled home standby gensets business size was over USD 1.2 billion in 2022 and is expected to expand due to robust spending on residential spaces and new government electrification programs.

Cummins, Mahindra POWEROL, HIMOINSA, Caterpillar, Kirloskar, Kohler Co., Eaton, Briggs & Stratton, DuroMax Power Equipment, Ashok Leyland and Rolls-Royce are the leading manufacturers of air cooled home standby gensets.