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Liquid Cooled Home Standby Gensets Market Trends

Report ID: GMI5947
Published Date: Jun 2023
Report Format: PDF

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Liquid Cooled Home Standby Gensets Industry Trends

The power supply interruptions extend from a few hours to several weeks predominantly on account of sleet storms, freezing rain, and high winds, which destruct power lines and equipment which in turn will drive the liquid cooled home standby gensets industry growth. Robust development of residential buildings including apartments and duplexes primarily across North America and Europe will positively sway the market outlook. The growing population of senior nursing & housing properties is another segment offering new potential for the deployment of these units.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of liquid cooled home standby gensets exceeded USD 3.9 billion in 2023 and is projected register 6.6% CAGR during 2024 to 2032 driven by the growing demand due to the rising frequency and severity of weather-related disasters globally.

< 25 kVA rated liquid cooled home standby gensets segment held around 45% of the industry share in 2022 and will gain significant momentum till 2032 attributed to their widespread installations in apartments and homes to provide reliable power during emergency situations.

Asia Pacific liquid cooled home standby gensets industry is poised to surpass USD 2 billion by 2032 due to robust investments in the housing sector and the implementation of government electrification programs.

Some of the leading liquid cooled home standby gensets industry players include Kohler Co., Cummins Inc., Briggs & Stratton, Yamaha Motor Co., Ltd., Eaton, Siemens Industry, Inc., Generac Power Systems, Inc., WINCO, Gillette Generators, Multiquip Inc., and Atlas Copco.