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Single Phase Air Cooled Home Standby Gensets Market Analysis

Report ID: GMI12759 Published Date: December 2024Report Format: PDF
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Single Phase Air Cooled Home Standby Gensets Market Analysis

Single Phase Air Cooled Home Standby Gensets Market Size, By Power Rating, 2022 - 2034 (USD Million)

The > 10 kVA - 15 kVA rated single phase air cooled home standby gensets industry will exceed USD 550 million by 2034. The increasing frequency of extreme weather events and the growing reliance on sustainable power solutions to support uninterrupted operations will complement the product deployment. Expanding residential construction particularly in suburban and rural areas with less reliable power grids will proliferate the business outlook. In addition, ongoing innovations in gensets technology comprising of optimized engine designs, advanced cooling systems and enhanced control mechanisms will accelerate the industry landscape.

Single Phase Air Cooled Home Standby Gensets Market Revenue Share, By Fuel, 2024

The diesel fueled single phase air cooled home standby gensets market size will witness a growth rate of over 6% through 2034. Rising demand for dependable backup power solutions in rural and off-grid areas in line with a growing preference for air cooled systems due to their enhanced efficiency & ability to sustain prolonged operations will drive the business potential. In addition, stringent environmental regulations and increasing consumer inclination toward eco-friendly alternatives coupled with ongoing investments by manufacturers to refine the emission performance of diesel gensets will augment the product expansion.

U.S. Single Phase Air Cooled Home Standby Gensets Market Size, 2022 - 2034 (USD Million)

U.S. single phase air cooled home standby gensets market is set to reach over USD 250 million by 2034, driven by rapid urbanization, infrastructure advancements, and the rising need for reliable power solutions. The integration of home standby generators with smart home systems, offering remote monitoring and control capabilities, enhances convenience and enables real-time power management, thereby propelling the business expansion. Moreover, increasing disposable incomes, particularly in developed regions, empower homeowners to invest in premium backup power solutions, further strengthening industry momentum.

The Asia Pacific single phase air cooled home standby genset market is set for strong growth owing to the rising frequency and duration of power outages caused by severe weather, aging infrastructure, and growing electricity demand. Increasing demand for high-capacity systems to support modern appliances, coupled with rapid urbanization and population growth will drive the product deployment. Moreover, continuous technological advancements in generator efficiency, including fuel consumption and noise reduction combined with heightened awareness and preparedness among homeowners will stimulate industry growth.

Author: Ankit Gupta, Saurabh Singh
Frequently Asked Question(FAQ) :

Who are the major players in the single-phase air-cooled home standby gensets market?+

Key players include Ashok Leyland, Briggs & Stratton, Cummins, Eaton, Generac Power Systems, Gillette Generators, HIMOINSA, Honeywell International, KUBOTA Corporation, Mahindra POWEROL, Multiquip, PR Industrial, Rehlko, Winco, and Yamaha Motor.

What trends are influencing the U.S. single-phase air-cooled home standby gensets market growth?+

The U.S. market is projected to exceed USD 250 million by 2034, propelled by rapid urbanization, infrastructure advancements, and the integration of smart home systems for real-time power management.

What is the growth rate of the diesel-fueled single-phase air-cooled home standby gensets market?+

The diesel-fueled segment is anticipated to grow at over 6% CAGR through 2034, led by the demand for reliable backup power in rural and off-grid areas and the efficiency of air-cooled systems for prolonged operations.

What is the size of the >10 kVA - 15 kVA rated single-phase air-cooled home standby gensets market?+

The >10 kVA - 15 kVA rated segment is expected to surpass USD 550 million by 2034, supported by the rising frequency of extreme weather events and the need for sustainable power solutions in suburban and rural areas.

How big is the single-phase air-cooled home standby gensets market?+

The global market for single-phase air-cooled home standby gensets was reached USD 691.8 million in 2024 and is projected to grow at a 6.3% CAGR from 2025 to 2034, driven by the increasing demand for efficient backup power systems in residential settings.

Single Phase Air Cooled Home Standby Gensets Market Scope

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