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Air Cooled Home Standby Gensets Market Share

Report ID: GMI5625
Published Date: Nov 2024
Report Format: PDF

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Air Cooled Home Standby Gensets Market Share

Air Cooled Home Standby Gensets Company Market Share Analysis, 2024

The manufacturers operating across the industry are adopting several key strategies to strengthen their market position. The companies are also emphasizing compact and user-friendly designs to meet the space and convenience requirements of homeowners. Additionally, partnerships and collaborations with key suppliers and distributors are enabling companies to expand their market reach and improve customer service. Moreover, the participants are focusing on after-sales services and maintenance packages, ensuring long-term customer satisfaction and building brand loyalty.

Air Cooled Home Standby Gensets Market Companies

Major players operating in the air cooled home standby gensets industry are:

Ashok Leyland
Briggs & Stratton
Caterpillar
Champion Power Equipment
Cummins
Eaton
Generac Power Systems
HIMOINSA
Kirloskar
Kohler
Mahindra Powerol
Pinnacle Generators
PR Industrial srl
Prakash
Sichuan XinYici Power Machinery

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The global market for air-cooled home standby gensets was reached USD 4.3 billion in 2024 and is estimated to grow at a CAGR of 6.6% from 2025 to 2034, driven by the increasing frequency of power outages due to extreme weather events.

The > 10 kVA - 15 kVA air-cooled home standby gensets market is projected to reach USD 2 billion by 2034, fueled by consumer preference for portable systems with minimal surface footprint.

The single-phase air-cooled home standby gensets market is projected to grow at a CAGR of over 6% through 2034, led by their consistent power supply, high flexibility, and material efficiency.

The U.S. air-cooled home standby gensets market is projected to surpass USD 2.5 million by 2034, led by the expansion of residential developments and the rising demand for reliable power supply.

Key players in the air-cooled home standby gensets market include Ashok Leyland, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Eaton, Generac Power Systems, HIMOINSA, Kirloskar, Kohler, Mahindra Powerol, Pinnacle Generators, PR Industrial srl, Prakash, and Sichuan XinYici Power Machinery.