Air Cooled Single Phase Home Standby Gensets

Global Air Cooled Single Phase Home Standby Gensets Market to Reach US$3.8 Billion by 2030

The global market for Air Cooled Single Phase Home Standby Gensets estimated at US$2.7 Billion in the year 2024, is expected to reach US$3.8 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2024-2030. = 10 kVA Power Rating, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$2.1 Billion by the end of the analysis period. Growth in the > 10 kVA - 15 kVA Power Rating segment is estimated at 5.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$734.6 Million While China is Forecast to Grow at 9.1% CAGR

The Air Cooled Single Phase Home Standby Gensets market in the U.S. is estimated at US$734.6 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$764.6 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 5.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Air Cooled Single Phase Home Standby Gensets Market - Key Trends & Drivers Summarized

Why Are Single Phase Gensets Gaining Popularity Among Homeowners?

As power outages continue to disrupt everyday life across various regions, single-phase home standby gensets have become an increasingly popular solution for ensuring uninterrupted electricity supply. These systems cater specifically to residential setups, providing a reliable backup power source for essential home appliances like refrigerators, heating systems, and lighting. Unlike three-phase gensets, single-phase models are more compact, cost-effective, and tailored for the energy requirements of smaller homes. Their simplicity and efficiency make them ideal for households looking for a straightforward yet dependable backup power solution.

The rising frequency of weather-related disruptions, such as hurricanes and snowstorms, has further propelled demand for these gensets. Regions prone to extreme weather events are increasingly prioritizing resilient backup power solutions to mitigate the impact of outages. Moreover, advancements in air-cooled technology have led to the development of quieter, fuel-efficient gensets that align with residential needs. This combination of affordability and technological innovation is driving the widespread adoption of single-phase gensets across urban, suburban, and rural areas.

How Is Consumer Behavior Shaping the Growth of Single Phase Gensets?

Shifting consumer preferences are playing a pivotal role in the growing demand for air-cooled single-phase home standby gensets. Modern consumers prioritize convenience, affordability, and environmental sustainability, pushing manufacturers to innovate and deliver products that meet these evolving expectations. Many genset models now feature automated start systems, remote monitoring capabilities, and enhanced fuel efficiency, catering to tech-savvy homeowners seeking user-friendly solutions. These advancements have broadened the appeal of single-phase gensets, especially among younger demographics who value energy resilience and digital connectivity.

The increasing reliance on remote work and virtual education has heightened the need for uninterrupted power at home. As digital devices and home networks become indispensable, consumers are turning to gensets as a critical investment to avoid disruptions. Additionally, the growing awareness of climate change and its effects on energy infrastructure has made consumers more proactive in adopting backup power systems. The emphasis on energy independence and preparedness is further driving the adoption of single-phase gensets, especially in areas with aging power grids or inconsistent electricity supply.

What Regional Dynamics Are Driving Market Expansion?

The demand for air-cooled single-phase home standby gensets is growing rapidly across multiple regions, each shaped by unique market drivers. North America leads the market, driven by a combination of frequent weather-induced outages, an aging electrical grid, and higher disposable incomes that enable consumers to invest in reliable power solutions. Homeowners in the United States and Canada are particularly attuned to the need for standby gensets, with many opting for single-phase systems that strike a balance between affordability and functionality.

In the Asia-Pacific region, rapid urbanization and rising middle-class incomes are creating significant growth opportunities. Countries like India, China, and Indonesia are witnessing increased adoption of single-phase gensets in residential areas due to unreliable power grids and frequent outages. Meanwhile, in Europe, the emphasis on sustainable energy solutions is shaping the market. Hybrid gensets that combine traditional fuel with renewable energy sources are gaining traction, reflecting the region’s commitment to reducing emissions and adopting environmentally friendly technologies. These regional trends highlight the adaptability and relevance of single-phase gensets in meeting diverse energy needs.

What Drives Growth in the Air Cooled Single Phase Home Standby Gensets Market?

The growth in the Air Cooled Single Phase Home Standby Gensets market is driven by several factors, including advancements in technology, evolving consumer needs, and expanding end-use applications. One of the key drivers is the integration of smart technologies that enhance the functionality and user experience of these gensets. Features like remote monitoring, automatic start capabilities, and real-time diagnostics are making gensets more convenient and reliable, driving their adoption among tech-conscious consumers. Additionally, the affordability and low-maintenance nature of single-phase gensets have expanded their appeal among middle-income households, particularly in emerging economies.

The increasing frequency of extreme weather events has also underscored the importance of resilient backup power solutions. Homeowners are increasingly prioritizing gensets that can sustain power for essential appliances during outages. Moreover, the rise of e-commerce platforms has made it easier for consumers to access and purchase gensets, further boosting market growth. The shift towards sustainable living has encouraged manufacturers to develop eco-friendly gensets with reduced emissions, appealing to environmentally conscious buyers. These trends, coupled with the growing emphasis on energy security and preparedness, position the air-cooled single-phase home standby gensets market for sustained growth in the coming years.

 

SCOPE OF STUDY:

The report analyzes the Air Cooled Single Phase Home Standby Gensets market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Power Rating Type (= 10 kVA Power Rating, > 10 kVA - 15 kVA Power Rating, > 15 kVA - 20 kVA power Rating, > 20 kVA Power Rating); Fuel Type (Diesel, Gas, Other Fuel Types)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 41 Featured) -

• Ashok Leyland Ltd.
• Briggs & Stratton Corporation
• Champion Power Equipment
• Cummins Inc.
• Generac Power Systems, Inc.
• Himoinsa SL
• Kirloskar Oil Engines Ltd.
• Mahindra Powerol
• Pinnacle Generators
• PR Industrial Srl (Pramac)
• PrakashGenset
• Rehlko

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.