The global market for Air Cooled Single Phase Home Standby Gensets was estimated at US$2.7 Billion in 2024 and is projected to reach US$3.8 Billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Air Cooled Single Phase Home Standby Gensets market.
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.
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.
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.
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.
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.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
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.
Report Scope
The report analyzes the Air Cooled Single Phase Home Standby Gensets market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.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.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the = 10 kVA Power Rating segment, which is expected to reach US$2.1 Billion by 2030 with a CAGR of a 6.4%. The > 10 kVA - 15 kVA Power Rating segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $734.6 Million in 2024, and China, forecasted to grow at an impressive 9.1% CAGR to reach $764.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Air Cooled Single Phase Home Standby Gensets Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Air Cooled Single Phase Home Standby Gensets Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Air Cooled Single Phase Home Standby Gensets Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Ashok Leyland Ltd., Briggs & Stratton Corporation, Champion Power Equipment, Cummins Inc., Generac Power Systems, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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 Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 281 |
| Published | April 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.7 Billion |
| Forecasted Market Value ( USD | $ 3.8 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
