- Air-cooled
- Liquid Cooled
- Industrial
- Commercial
- Caterpillar
- Cummins Power Systems
- Generac
- Honda Power
- MTU
- Briggs & Stratton
- Yamaha
- KOHLER
- TTI
- Champion
- Itopower
- Hyundai Power
- Eaton
- Sawafuji
- Loncin
- PM& T
-
North America
- U.S.A
- Canada
- Europe
- France
- Germany
- Spain
- UK
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Latin America
- Brazil
- Middle East and Africa
- Market Forecast for 2024-2030
- Market growth drivers
- Challenges and Opportunities
- Emerging and Current market trends
- Market player Capacity, Production, Revenue (Value)
- Supply (Production), Consumption, Export, Import analysis
- End user/application Analysis
Standby Generators Market Analysis & Forecast 2024-2030
Standby Generators Market Report by Product Type ( Air-cooled, Liquid Cooled ) by Application /End User ( Industrial, Commercial) by Industry Analysis, Volume, Share, Growth, Challenges, Trends, and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)
Global Standby Generators Market is expected to reach USD 11915.97 million by 2031 with CAGR of 6.5 % between 2025 and 2031
Standby power rated generators are the most commonly known and widely used rated generator sets. An automatic transfer switch and a standby generator system are professionally installed to your home’s existing wiring. Standby generator systems operate on either natural gas or liquid propane vapor. Both natural gas and propane generators provide a seamless transition from utility to backup power. Their primary application of standby generator systems operate is to supply emergency power for a limited duration during a power outage. There is no overload capability built into the units with standby rated generators.
Profshare Market Research launches an in-detailed study of segments, market drivers, constraints, regional analysis, trends and forecast on Standby Generators Market. The market is expected to show constant growth between 2024 to 2030. The study covers a detailed analysis, growth and forecast of the Standby Generators Market. The report includes market analysis on regional level. The study covers historical data analysis from 2018 to 2023 and market forecasts for 2018 to 2026 based on revenue generated.
In competition analysis, report covers key player’s basic information, product category, Sales (Volume), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%). The competitive landscape in the report offers detailed profiles of the key players in the Standby Generators Market. The report also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies. The study includes market value in terms of revenue in billion USD for years and compound annual growth rate (CAGR) in % from 2024 to 2030.
The research report includes a major player analysis with shares of each player inside the market, growth rate and market attractiveness in different end-users/regions. Our study on Standby Generators Market helps users to make precise decision to expand their market presence and increase their market share. The competitive landscape in the report offers detailed profiles of the key players in the Standby Generators Market and also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies.
Standby Generators Market : Product Type
Standby Generators Market : End User / Application
Standby Generators Market: Company Analysis
Geographical analysis of Standby Generators Market includes :
Global Standby Generators Market Report delivers a comprehensive analysis of the following parameters:
Report Coverage
| Parameters | Details |
|---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 7668.00 million |
Forecast Value (2031) |
USD 11915.97 million |
CAGR (2025-2030) |
6.5 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Frequently Asked Questions (FAQ)
Standby Generators Market was valued at around USD 7668.00 million in 2023 & estimated to reach USD 11915.97 million by 2030.
Standby Generators Market is likely to grow at Compound Annual Growth Rate (CAGR) of 6.5% between 2024 to 2030.
Standby Generators Market is dominated by the Liquid Cooled? segment and the Asia-Pacific region holds the highest market share in 2023.
Some of the top key players in the Standby Generators Market are Caterpillar, Cummins Power Systems, Generac, Honda Power, MTU, Briggs & Stratton, Yamaha, KOHLER, TTI, Champion, Itopower, Hyundai Power, Eaton, Sawafuji, Loncin.
Primary driving factors for the growth of the Standby Generators Market include Increasing demand for uninterrupted power supply in commercial and industrial use.
Yes, the report includes COVID 19 impact on the market.
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