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Single Phase Liquid Cooled Home Standby Gensets Market Trends

  • Report ID: GMI11372
  • Published Date: Sep 2024
  • Report Format: PDF

Single Phase Liquid Cooled Home Standby Gensets Market Trends

Growing consumer awareness of energy efficient and environmentally friendly solution along with the shift toward renewable energy systems will proliferate the industry outlook. Rising focus on energy security & resilience in tandem with robust adoption of energy efficient sources will stimulate the industry potential. Moreover, ongoing incorporation of remote monitoring capabilities in generators sets in line with expansion and development of residential infrastructure will foster the business scenario. Increasing disposable income levels particularly in developed regions enable homeowners to invest in high-quality backup power solutions, which in turn will energize the industry growth.
 

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of single phase liquid cooled home standby gensets reached USD 507.4 million in 2023 and will register a 6.4% CAGR from 2024-2032, led by rising demand for efficient backup power systems.

The > 25 kVA - 50 kVA single-phase liquid-cooled home standby segment will exceed USD 400 million by 2032, fueled by extreme weather events, rising demand for sustainable power, residential expansion in areas with unreliable grids, and advancements in genset technology.

The Asia Pacific market is expected to exceed USD 300 million by 2032, driven by rapid urbanization, infrastructure development, rising demand for reliable power solutions, and advancements in generator efficiency and noise reduction.

Briggs & Stratton, Cummins Inc., Eaton, Generac Power Systems, Inc., Gillette Generators, and HIMOINSA, among others.

Single Phase Liquid Cooled Home Standby Gensets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 40
  • Countries covered: 36
  • Pages: 125
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