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Europe Liquid Cooled Home Standby Gensets Market Size
- Report ID: GMI8616
- Published Date: Mar 2024
- Report Format: PDF
Europe Liquid Cooled Home Standby Gensets Market Size
Europe Liquid Cooled Home Standby Gensets Market was valued at USD 641.7 million in 2023 and is estimated to grow at a CAGR of over 6.6% between 2024 and 2032. The ongoing refurbishment of T&D networks along with surge in weather related disasters will fuel the demand for these generator sets. For instance, the share of fatalities from natural disasters in the Europe surpasses 50% in 2022.
A liquid-cooled home standby genset is a backup power generation system designed for residential use. Unlike air-cooled generators, which use air to dissipate heat, liquid-cooled generators utilize a liquid typically coolant or antifreeze to manage their operating temperature. Shifting consumer concern toward emissions and improved fuel efficiency along with flourishing real estate sector will augment the industry landscape.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Liquid Cooled Home Standby Gensets Market Size in 2023: | USD 641.7 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 6.6% |
| 2032 Value Projection: | USD 1.14 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 125 |
| Tables, Charts & Figures: | 256 |
| Segments covered: | Power Rating, Fuel, Phase & Country |
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Frequently Asked Questions (FAQ) :
Europe Liquid Cooled Home Standby Gensets Market Scope
