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Air Cooled Three Phase Home Standby Gensets Market Share

Report ID: GMI9541
Published Date: Nov 2024
Report Format: PDF

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Air Cooled Three Phase Home Standby Gensets Market Share

Air Cooled Three Phase Home Standby Gensets Company Market Share Analysis, 2024

The competition in the air cooled three phase home standby gensets industry is becoming increasingly intense owing to the growing demand for reliable and affordable backup power solutions for residential use. Key industry players including Generac, Kohler, and Briggs & Stratton dominate the market with well-established product lines known for their durability, ease of use, and strong brand reputation. These brands compete based on product features, comprising of noise levels, fuel efficiency, and ease of installation, alongside after-sales support and warranty offerings.

Air Cooled Three Phase Home Standby Gensets Market Companies

Major players operating in the air cooled three phase 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, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for air-cooled three-phase home standby gensets was reached USD 1.54 billion in 2024 and is estimated to grow at a 6.4% CAGR from 2025 to 2034, driven by increasing demand for energy reliability and residential adoption.

The > 10 kVA - 50 kVA power rated segment is projected to exceed USD 1.3 billion by 2034, led by the need for backup power during weather-induced blackouts and advancements in noise reduction and engine efficiency.

The gas-fueled segment is expected to grow at a CAGR of over 7% through 2034, fueled by lower emissions of particulate matter and NOx, abundant natural gas availability, and stringent carbon emission regulations.

The U.S. market for air-cooled three-phase home standby gensets is set to surpass USD 1 billion by 2034, propelled by the expansion of genset manufacturing capacity and increasing awareness of energy-efficient products.

Key players in the industry 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.