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U.S. Standby Generator Sets Market Share

Report ID: GMI6450
Published Date: Dec 2024
Report Format: PDF

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U.S. Standby Generator Sets Market Share

U.S. Standby Generator Sets Company Market Share Analysis, 2024

The companies in the standby gensets sets market are adopting several key strategies to stay competitive and meet the growing demand for reliable backup power solutions. Strategic partnerships and collaborations with utility companies and renewable energy providers are also being leveraged to expand market reach and develop innovative solutions that integrate seamlessly with the grid. Finally, after-sales services, including extended warranties and preventive maintenance packages, are becoming an essential aspect of manufacturers' offerings to maintain customer loyalty and drive long-term revenue.

U.S. Standby Generator Sets Market Companies

Major players operating in the U.S. standby generator sets industry are:

Atlas Copco
Briggs & Stratton
Caterpillar
Cummins
Deere & Company
Eaton
Generac Power Systems
Gillette Generators
Himoinsa
J C Bamford Excavators
Kirloskar
Kohler
Rolls-Royce
Wartsila

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The U.S. standby generator sets market was reached USD 6.6 billion in 2024 and is estimated to grow at a 6.8% CAGR from 2025 to 2034, driven by increasing demand for advanced and efficient gensets.

The diesel standby generator sets market is projected to grow at a rate of over 5% through 2034, led by the demand for power solutions with quick start-up times and reliable performance.

The market for >150 kVA to 300 kVA standby generator sets is expected to exceed USD 4 billion by 2034, propelled by real estate development, infrastructural expansion, and rapid industrialization.

Major players in the industry include Atlas Copco, Briggs & Stratton, Caterpillar, Cummins, Deere & Company, Eaton, Generac Power Systems, Gillette Generators, Himoinsa, J C Bamford Excavators, Kirloskar, Kohler, Rolls-Royce, and Wartsila.