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Asia Pacific Air Cooled Home Standby Gensets Market Size
- Report ID: GMI9663
- Published Date: May 2024
- Report Format: PDF
Asia Pacific Air Cooled Home Standby Gensets Market Size
Asia Pacific Air Cooled Home Standby Gensets Market was valued at USD 1.37 billion in 2023 and is estimated to grow at a CAGR of 5% from 2024 to 2032. Significant rise in number of weather-related disasters in line with increasing demand for power backup solutions will drive the business growth.
An air-cooled home standby genset, short for generator set, is a backup power system designed for residential use. These generators that use a liquid coolant usually water and antifreeze to regulate temperature, air-cooled generators rely on an integrated air-cooling system. These systems use fans and vents to dissipate heat and maintain the generator's optimal operating temperature. These units are a reliable source of backup power during electrical outages and require less maintenance compared to its available counterparts.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Asia Pacific Air Cooled Home Standby Gensets Market Size in 2023: | USD 1.37 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 5% |
| 2032 Value Projection: | USD 2.14 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 8 |
| Segments covered: | Power Rating, Fuel, Phase & Region |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
Asia Pacific Air Cooled Home Standby Gensets Market Scope
