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

Diesel Fueled Air Cooled Home Standby Gensets Market Share

Report ID: GMI12785
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Diesel Fueled Air Cooled Home Standby Gensets Market Share

The industry is marked by fierce competition between established industry leaders and emerging players, driven by innovation, product reliability, and superior customer service. Key players differentiate themselves through advanced technological features, including improved fuel efficiency, enhanced engine performance, and emissions control. Price competitiveness along with expansive distribution channels, remains crucial to market success. The demand for backup power solutions will rise owing to frequent power outages and extreme weather events, manufacturers are increasingly forming strategic alliances and expanding into new regions to tap into underserved markets, further intensifying competition within the market.

Diesel Fueled Air Cooled Home Standby Gensets Market Companies

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

Ashok Leyland
Caterpillar
Generac Power Systems
Gillette Generators
HIMOINSA
Hipower
Kirloskar
Mahindra Powerol
Pinnacle
Powerica
PR Industrial
Prakash
Sudhir Power
Sunbeam
Yanmar

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of diesel-fueled air-cooled home standby gensets reached USD 1.8 billion in 2024 and is set to grow at a CAGR of 6.5% from 2025 to 2034, driven by increasing concerns over power outages and natural disasters.

The >10 kVA - 15 kVA rated segment is expected to exceed USD 2 billion by 2034, supported by advancements in smart load management systems and rising demand for compact, space-saving units.

The U.S. market is projected to surpass USD 650 million by 2034, fueled by frequent power outages, extreme weather events, and rising adoption of low-emission diesel technologies.

Key players in the market include Ashok Leyland, Caterpillar, Generac Power Systems, Gillette Generators, HIMOINSA, Hipower, Kirloskar, Mahindra Powerol, Pinnacle, Powerica, PR Industrial, Prakash, Sudhir Power, Sunbeam, and Yanmar.