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Gas Liquid Cooled Home Standby Gensets Market Share

Report ID: GMI9459
Published Date: May 2024
Report Format: PDF

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Gas Liquid Cooled Home Standby Gensets Market Share

Gas Liquid Cooled Home Standby Gensets Company Market Share Analysis, 2023

Cummins is a designer, manufacturer and distributer of engines, power generation products, and related technologies. The company's diverse portfolio encompasses diesel and natural gas engines for various applications including heavy-duty trucks, buses, construction equipment, and power generation. Additionally, Cummins offers filtration, emission solutions, and electrified powertrains, positioning itself at the forefront of innovation in sustainable transportation and energy solutions.

Gas Liquid Cooled Home Standby Gensets Market Companies

Some major players operating in the gas liquid cooled home standby gensets industry is mentioned below:

ASHOK LEYLAND
Briggs & Stratton
Champion Power Equipment
Cummins Inc.
Eaton
Generac Power Systems, Inc.
Gillette Generators
Honeywell International Inc.
Kirloskar
Kohler Co.
MAHINDRA POWEROL
Multiquip Inc.
Siemens
Winco

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of gas liquid cooled home standby gensets was reached USD 1.2 billion in 2023 and is projected to expand at 6.4% CAGR from 2024 to 2032, on account of growing reliance on electricity for various household needs, including heating, cooling, lighting, and powering electronic devices.

The ? 25 kVA power rating segment in the gas liquid cooled home standby gensets industry will account for more than USD 600 million by 2032, owing to the increasing residential demand for reliable backup power solutions.

The single-phase segment in the gas liquid cooled home standby gensets industry is projected to grow at over 6.5% CAGR from 2024 to 2032, due to the growing residential demand for reliable backup power solutions coupled with the rising need to maintain uninterrupted electricity supply during power outages.

Asia Pacific gas liquid cooled home standby gensets industry is estimated to be more than USD 800 million by 2032, led by the continuous investment by the homeowners to ensure the uninterrupted operation of essential appliances and electronics during power outages.