According to our (Global Info Research) latest study, the global Residential Standby Power Generators market size was valued at US$ 1200 million in 2024 and is forecast to a readjusted size of USD 1971 million by 2031 with a CAGR of 7.4% during review period.
A residential standby generator set offers many features not found on portable generator sets, such as a more sophisticated control system, a fully weather–protective enclosure, significantly quieter operation, and more capacity so you can power more conveniences. It goes on automatically when you need it and shuts down automatically once main power is restored. It is connected directly to a fuel system and your home’s electrical system so you won’t have to fill a gas tank or manually transfer power from the utility to the home standby unit.
North America is the largest consumption region, followed by Asia-Pacific and Europe.
This report is a detailed and comprehensive analysis for global Residential Standby Power Generators 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 2025, are provided.
Key Features:
Global Residential Standby Power Generators market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Residential Standby Power Generators market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Residential Standby Power Generators market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Residential Standby Power Generators market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
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 Residential Standby Power Generators
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 Residential Standby Power Generators 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, Briggs & Stratton, KOHLER, Champion, Cummins Power Systems, TTI, Honeywell, Scott's, Hyundai Power, Pramac, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Residential Standby Power Generators market is split by Type and by Application. For the period 2020-2031, 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
Gas and Propane Type
Diesel and Gasoline Type
Market segment by Application
Less than 22 KW
22- 60 KW
More than 60 KW
Major players covered
Generac
Briggs & Stratton
KOHLER
Champion
Cummins Power Systems
TTI
Honeywell
Scott's
Hyundai Power
Pramac
HGI
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 Residential Standby Power Generators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Residential Standby Power Generators, with price, sales quantity, revenue, and global market share of Residential Standby Power Generators from 2020 to 2025.
Chapter 3, the Residential Standby Power Generators competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Residential Standby Power Generators breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Residential Standby Power Generators market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Residential Standby Power Generators.
Chapter 14 and 15, to describe Residential Standby Power Generators sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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