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Europe Liquid Cooled Home Standby Gensets Market Trends

Report ID: GMI8616
Published Date: Mar 2024
Report Format: PDF

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Europe Liquid Cooled Home Standby Gensets Market Trends

Paradigm shift toward the adoption of reliable power solutions that ensure continuity during power outages will drive Europe home standby gensets market. Increasing urbanization rate along with surging trend of work from home concept will play a significant role in shaping the demand curve for the industry. Ongoing development of residential building including apartments and duplexes will energize the business dynamics.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

European market for liquid cooled home standby gensets was worth over USD 641.7 million in 2023 and is estimated to grow at 6.6% CAGR from 2024 to 2032, due to the ongoing refurbishment of T&D networks along with surge in weather related disasters.

Europe > 25 kVA - 50 kVA rated liquid cooled home standby gensets market is set to exceed USD 550 million by 2032, owing to the inability of grid networks to offer continuous and reliable electricity primarily during peak hours.

Germany liquid cooled home standby gensets industry is set to surpass USD 150 million by 2032, led by benefits including compact size, high efficiency and lightweight.

Few of the prominent liquid cooled home standby gensets industry players include Baudouin, Cummins Inc., DEUTZ, Eaton, FG Wilson, Generac Power Systems, Inc., and Himoinsa.