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Liquid Cooled Home Standby Gensets Market Trends

Report ID: GMI5947
Published Date: Dec 2024
Report Format: PDF

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Liquid Cooled Home Standby Gensets Market Trends

The power outages, lasting from a few hours to several weeks are often caused by sleet storms, freezing rain and high winds that damage power lines and equipment, stimulating the home standby gensets market. The robust expansion of residential construction including apartments and duplexes, particularly in North America and Europe is set to support the industry growth. Additionally, the rising number of senior nursing and housing facilities presents a promising opportunity for the deployment of these units.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The global market for liquid-cooled home standby generators was valued at USD 4.2 billion in 2024 and is estimated to grow at a 6.4% CAGR from 2025 to 2034, driven by the increasing frequency and intensity of weather-related disasters worldwide.

The ≤ 25 kVA power rating segment is expected to exceed USD 3.5 billion by 2034, as these units are essential for ensuring reliable power during emergencies in homes and apartments.

The U.S. market for liquid-cooled home standby generators is projected to surpass USD 1.5 billion by 2034, fueled by rising consumer awareness of power reliability, increased energy demands, and technological advancements that improve efficiency and reduce emissions.

Key players in the industry include Ashok Leyland, Atlas Copco, Briggs & Stratton, Cummins, Eaton, Generac Power Systems, Gillette Generators, Kirloskar, MITSUBISHI HEAVY INDUSTRIES, Multiquip, Rehlko, TRANE, Volvo Penta, and WINCO.