Global Home Standby Generators Market Growth 2025-2031

Global Home Standby Generators Market Growth 2025-2031

The global Home Standby Generators market size is predicted to grow from US$ 2222 million in 2025 to US$ 3883 million in 2031; it is expected to grow at a CAGR of 9.8% from 2025 to 2031.

A Home Standby Generator is a backup power system designed to automatically provide electricity to a home in the event of a power outage. These generators are typically connected to the home's electrical system and powered by natural gas, propane, or diesel. 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.

Global key players of Home Standby Generators include Generac, Briggs & Stratton, Kohler Energy, Cummins, Honeywell, etc. The top five players hold a share about 93%. North America is the world's largest market for Home Standby Generators and holds a share about 95%, followed by Europe and Asia-Pacific, with share about 3% and 2%, separately. In terms of product type, Natural Gas is the largest segment, accounting for a share about 95%. In terms of application, Single Family is the largest field with a share about 94 percent.

LP Information, Inc. (LPI) ' newest research report, the “Home Standby Generators Industry Forecast” looks at past sales and reviews total world Home Standby Generators sales in 2024, providing a comprehensive analysis by region and market sector of projected Home Standby Generators sales for 2025 through 2031. With Home Standby Generators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Standby Generators industry.

This Insight Report provides a comprehensive analysis of the global Home Standby Generators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Standby Generators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Home Standby Generators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Standby Generators and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Standby Generators.

This report presents a comprehensive overview, market shares, and growth opportunities of Home Standby Generators market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Natural Gas
Propane
Others

Segmentation by Application:
Single Family
Multifamily

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Generac
Briggs & Stratton
Kohler Energy
Cummins
Honeywell
Eaton

Key Questions Addressed in this Report

What is the 10-year outlook for the global Home Standby Generators market?

What factors are driving Home Standby Generators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Home Standby Generators market opportunities vary by end market size?

How does Home Standby Generators break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.