Single Phase Gasoline Gensets Market Size - By Power Rating (< 2 kW, 2 kW - 5 kW, 6 kW - 8 kW, > 8 kW - 15 kW), By End Use (Residential, Commercial, Construction), By Regional Outlook & Forecast, 2024 – 2032

Single Phase Gasoline Gensets Market Size

Single Phase Gasoline Gensets Market was valued at USD 5.4 billion in 2023 and is anticipated to grow at a CAGR of over 4.1% from 2024 to 2032. Inadequate power supply along with frequent interruptions in power and evolving consumer preferences toward backup solutions will energize the industry dynamic.
 

A single phase gasoline genset is an equipment driven by an engine that transforms the chemical energy obtained from the fuel powering the engine into electrical power. It is a power generator that operates using gasoline fuel and produces electricity in an electrical system. It's commonly used as a backup power source in situations where a reliable electricity supply is not available, comprising of power outages and in remote locations.
 

Single Phase Gasoline Gensets Market Trends

The escalating frequency and severity of weather-related power outages coupled with a growing emphasis on backup power solutions to sustain daily operations will enhance the generator sets market. Moreover, the rising consumer inclination toward adopting reliable power generating systems will additionally augment the industry potential. Continual technological advancements aimed at reducing noise, enhancing engine performance, and improving efficiency will foster the product penetration.
 

Single Phase Gasoline Gensets Market Analysis

The 2 kW - 5 kW rated single phase gasoline gensets will surpass USD 4 billion by 2032. Growing customer awareness along with an unreliable grid infrastructure will persist in supporting the expansion of these units. The economic feasibility of meeting low power demands especially in multifamily apartments will augment the industry landscape. The product's advantages, such as lightweight design, compact size, quiet operation, and superior fuel efficiency, will contribute to boosting business growth.
 

The commercial single phase gasoline gensets market size will witness growth a rate of over 3.5% through 2032. Booming construction sector along with emerging trends in the real estate sector will escalate the industry growth. The rising frequency of weather-related disasters coupled with inadequacy of electrical infrastructure will fuel the product deployment. Moreover, the increasing power outages for prolonged hours in line with ongoing modernization of electrical infrastructure will drive the business outlook.
 

North America single phase gasoline gensets market is set to reach over USD 3.5 billion by 2032. The proliferation of educational institutions and retail stores will drive up the demand for reliable power supply, which in turn will enhance the business environment. Ongoing electrification initiatives coupled with growing infrastructure investments and substantial expansion in the telecom sector, will contribute to a favorable industry landscape. Robust development of apartments, duplexes, and healthcare facilities primarily across the emerging economies will drive the product adoption.
 

U.S. single phase gasoline gensets market will shoecase an upsurge owing to increasing concerns over the reliability of the power grid and robust investments in the infrastructure. The compact size, lightweight design, and quiet operation of these gensets make them particularly attractive across wide tandem of applications. Furthermore, flourishing construction sector coupled with increasing consumer participation toward recreational activities will drive the business potential.
 

Single Phase Gasoline Gensets Market Share

DuroMax Power Equipment is a brand known for manufacturing gasoline-powered generators designed for various applications. The company offers a diverse range of gasoline generators catering to different power needs. Their lineup includes portable generators for emergency backup power and outdoor activities, as well as larger standby generators suitable for powering homes, businesses, or construction sites. Its generators come in various power output capacities ranging from smaller models to heavy-duty systems.
 

Single Phase Gasoline Gensets Market Companies

Eminent players operating in the single phase gasoline gensets industry include:

• Atlas Copco AB
• Briggs & Stratton
• Caterpillar
• Cummins
• Champion Power Equipment
• Deere & Company
• DuroMax Power Equipment
• FIRMAN Power Equipment
• Generac Power Systems
• Honda Motor Co.
• Honeywell International
• JET POWER
• Kirloskar
• Kohler Co.
• Wacker Neuson SE
• WEN Products
• Westinghouse Electric Corporation
• Yamaha Motor Co.
   

Single Phase Gasoline Gensets Industry News

• In December 2023, Cummins has unveiled new generator sets ranging from 1,700 kVA to 2,000 kVA, expanding their power options. These three new models complement the existing two products on the same engine platform. They are propelled by the reliable KTA50 engine series, renowned for its performance across various power applications. Furthermore, the new series enhances customer experience with features comprising of digital display, a single remote connection, and a more streamlined integrated system.
   
• In March 2023, Champion Power Equipment introduced 3,600 watt inverter generator powered by gasoline. This comprehensive power solution offers extended run time, quiet operation, economy mode, and clean power features. Additionally, you have the option to effortlessly boost your power capacity with the optional parallel kit. These systems are available to cater to diverse needs, ranging from powering essential appliances to providing backup for entire households.
   

This single phase gasoline gensets market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD Million” from 2021 to 2032, for the following segments:

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Market, By Power Rating

• < 2 kW
• 2 kW - 5 kW
• 6 kW - 8 kW
• > 8 kW - 15 kW

Market, By End Use

• Residential
• Commercial
• Construction

The above information has been provided for the following regions and country:

• North America
  • U.S.
  • Canada 
• Europe
  • Russia
  • UK
  • Germany
  • France
  • Spain
  • Austria
  • Italy
• Asia Pacific
  • Australia
  • Japan
  • China
  • India
  • Indonesia
  • Thailand
  • Philippines
  • Malaysia
  • Singapore
  • Vietnam
  • South Korea
• Middle East
  • Saudi Arabia
  • UAE
  • Qatar
  • Turkey
  • Iran
  • Oman
• Africa
  • Egypt
  • Nigeria
  • Algeria
  • South Africa
  • Mozambique
• Latin America
  • Mexico
  • Chile
  • Argentina
  • Brazil