Learn about the global home standby gensets market through The Business Research Company, which provides information on home standby gensets market size, home standby gensets market drivers and restraints, home standby gensets market players, the COVID-19 impact on the home standby gensets market, and more.

The global home standby gensets market size is expected to grow from $3.64 billion in 2021 to $4.03 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The global home generators market size is expected to grow to $5.33 billion in 2026 at a CAGR of 7.3%.

Rapid urbanization is expected to propel the growth of the home standby gensets market going forward.

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The home standby gensets market consists of sales of home standby gensets services by entities (organizations, sole traders, and partnerships), that are used to provide power to households that experience regular power outages. The home standby gensets, also called generators for house usage, can effortlessly transfer the process of supplying power to the home in the event of a power outage and then cease when the power is restored.

Global Home Standby Gensets Market Segments Include:
By Product Type: Air Cooled, Liquid Cooled

By Fuel Type: Natural Gas, Diesel, Others

By Phase Type: Single Phase, Three Phase

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the home standby generators market in 2021.

Strategic partnerships and collaborations have emerged as the key trends in the home standby gensets market. Major companies operating in the home standby gensets are focused on partnerships and collaborations in order to expand their reach into new areas and become industry leaders.

TBRC’s Home Standby Gensets Market Report Covers:

Major Market Players: Cummins Inc., Briggs & Stratton, Generac Holdings Inc., Caterpillar Inc., Honeywell International Inc., Eaton Corporation PLC, Mahindra Powerol Ltd., Powerica Limited, HIMOINSA, Ashok Leyland, Kirloskar Oil Engines Limited, Siemens AG, Kohler Co. Inc., Rolls-Royce Power Systems AG, MTU Onsite Energy GmbH, and DuroMax Power Equipment.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Home Standby Gensets Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides home standby gensets market overviews, analyzes and forecasts market size, share, home standby gensets market players, home standby gensets market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s home standby gensets market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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