Get a free sample of Home Standby Gensets Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Home Standby Gensets Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Home Standby Gensets Market Share
HIMOINSA designs, manufactures & distributes power generation equipment including diesel & gas operated gensets, portable gensets, control panels & lighting towers, and hybrid generators & gensets ready to be integrated into solar power systems. It manufactures all generator components including engines, alternators, controllers, and canopies in its own factories. The company offers its products through a worldwide network of distributors.
Home Standby Gensets Market Companies
The key industry players include:
- Ashok Leyland
- American Honda Motor Co., Inc.
- Briggs & Stratton
- Caterpillar
- Champion Power Equipment
- Cummins, Inc.
- Eaton
- ECHO Group
- Generac Power Systems, Inc.
- Gillette Generators
- HIMOINSA
- HIPOWER
- Kirloskar
- Kohler Co.
- Mahindra POWEROL
- PINNACLE GENERATORS
- Powerica Limited
- PR INDUSTRIAL srl
- Rolls-Royce plc
- Sichuan XinYici Power Machinery Co., Ltd.
How big is the North America home standby gensets industry?
North America home standby gensets market is set to surpass USD 4.5 billion by 2032, due to the surging investments in the residential sector and proactive government initiatives.
Who are the leading home standby gensets market players?
Ashok Leyland, American Honda Motor Co., Inc., Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Inc., Eaton, ECHO Group, Generac Power Systems, Inc., and Gillette Generators, among others.
Why is the demand for diesel home standby gensets rising?
The diesel segment in the home standby gensets market will witness 5.5% CAGR through 2032, on account of their long operational life and highly reliable and increasing power demand to support moder appliances.
What is the size of the home standby gensets market?
The market size of home standby gensets was reached USD 7.9 billion in 2023 and is anticipated to register 6.7% CAGR between 2024 and 2032, due to the increasing frequency of extreme weather events and extensive investment across the real estate sector.