Global Home Standby Generator Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Home Standby Generator Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Growing intensity and frequency of prolonged power disruptions on account of grid inadequacy, deteriorating weather conditions heighten consumer awareness of power reliability concerns. Home Standby Generator delivers power directly to home’s electrical system, backing up entire home or just the most essential items when the municipal power is out. New energy such as wind power in the United States accounts for a large proportion of power supply (more than 70%), but in severe weather conditions, the energy supply is unstable, and the power storage in the United States has not reached the level of South Korea, resulting in power outages due to tight power supply.North America is the largest consumer region in the world due to consumption habits. As for gas generators, a major advantage is that they do not require a fuel tank, so natural gas generator sets take up less space and can be more easily installed in tight spots, such as on the roof of a building, so it occupies a large market share.

According to our (Global Info Research) latest study, the global Home Standby Generator market size was valued at US$ 2348 million in 2023 and is forecast to a readjusted size of USD 4871 million by 2030 with a CAGR of 11.1% during review period.

Global key players of home standby generator include Generac Holdings Inc., Briggs & Stratton Corporation, Kohler Co., Cummins Inc., etc. Global top three manufacturers hold a share over 77%. North America is the largest producer of home standby generator holds a share over 90%. In terms of product, natural gas is the largest segment, with a share over 87%.

This report is a detailed and comprehensive analysis for global Home Standby Generator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Home Standby Generator market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Home Standby Generator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Home Standby Generator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Home Standby Generator market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Home Standby Generator

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Home Standby Generator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Generac Holdings Inc., Briggs & Stratton Corporation, Kohler Co., Cummins Inc., Honeywell, Eaton, Champion Power Equipment, Inc., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Home Standby Generator market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Natural Gas
Gasoline
Propane
Diesel

Market segment by Application
Single Family
Multifamily

Major players covered
Generac Holdings Inc.
Briggs & Stratton Corporation
Kohler Co.
Cummins Inc.
Honeywell
Eaton
Champion Power Equipment, Inc.

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Home Standby Generator product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Home Standby Generator, with price, sales quantity, revenue, and global market share of Home Standby Generator from 2019 to 2024.

Chapter 3, the Home Standby Generator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Home Standby Generator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Home Standby Generator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Home Standby Generator.

Chapter 14 and 15, to describe Home Standby Generator sales channel, distributors, customers, research findings and conclusion.