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Air Cooled Home Standby Gensets Market Share
- Report ID: GMI5625
- Published Date: May 2023
- Report Format: PDF
Air Cooled Home Standby Gensets Market Share
The major companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry. The key industry market players include
- Cummins
- Kirloskar
- Kohler Co.
- Generac Power Systems
- Caterpillar
- Eaton
- Champion Power Equipment
- Mahindra POWEROL
- HIMOINSA
- PR INDUSTRIAL
- Briggs & Stratton
- DuroMax Power Equipment
- Ashok Leyland
- Rolls-Royce
Frequently Asked Questions (FAQ) :
The market size of air cooled home standby gensets surpassed USD 3.9 billion in 2023 and is anticipated to cross a valuation of USD 7.3 Bn by 2032, predicts GMI.
Three phase air cooled home standby gensets industry will witness 6.9% growth between 2023 and 2032 on account of increasing customer awareness regarding backup power sources and the upgradation of unreliable grid infrastructure.
Asia Pacific air cooled home standby gensets business size was over USD 1.2 billion in 2022 and is expected to expand due to robust spending on residential spaces and new government electrification programs.
Cummins, Mahindra POWEROL, HIMOINSA, Caterpillar, Kirloskar, Kohler Co., Eaton, Briggs & Stratton, DuroMax Power Equipment, Ashok Leyland and Rolls-Royce are the leading manufacturers of air cooled home standby gensets.
Air Cooled Home Standby Gensets Market Scope
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