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Home Standby Gensets Market Report 2023 - 2032: Emerging Trend, Growth Insights, Share, Revenue And Competitive Analysis || Cummins Inc., Briggs & Stratton, Generac Holdings Inc., Caterpillar Inc., Honeywell International Inc
Home Standby Gensets Market
As per the home standby gensets market report by The Business Research Company, the rapid urbanization is expected to propel the growth of the home standby gensets market going forward. Urbanization refers to the population shifted to the urban areas. Home standby generators are directly connected to the home's electrical system and can provide continuous power for days if required. The rapid urbanization had increased the use of home standby gensets as most of the urban people will be in need of home standby gensets.
The global home standby gensets market size grew from $4.12 billion in 2022 to $4.59 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The home standby gensets market size is expected to grow to $6.66 billion in 2027 at a CAGR of 9.7%.
Read More On The Home Standby Gensets Market Report Here:
https://www.thebusinessresearchcompany.com/report/home-standby-gensets-global-market-report
Major competitors in the home standby gensets market include Cummins Inc., Briggs & Stratton, Generac Holdings Inc., Caterpillar Inc., Honeywell International Inc., Eaton Corporation PLC, Mahindra Powerol Ltd., Powerica Limited, HIMOINSA, Ashok Leyland, Kirloskar Oil Engines Limited.
The home standby gensets market is segmented -
• By Product Type: Air Cooled, Liquid Cooled
• By Distribution Channel: Supermarkets/hypermarkets, Convenience Stores, E-commerce, Other Distribution Channels
• By Product Type: Frozen, Dried, Smoked, Canned, Other Product Types
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the home standby gensets market.
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The home standby genset market consists of sales of whole house generators, portable generators, and inverter generator. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Home Standby Gensets Market Include:
1. Executive Summary
2. Home Standby Gensets Market Characteristics
3. Home Standby Gensets Market Trends And Strategies
4. Home Standby Gensets Market - Macro Economic Scenario
5. Home Standby Gensets Market Size And Growth
6. Home Standby Gensets Market Segmentation
................
27. Home Standby Gensets Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Standby Gensets Market
29. Home Standby Gensets Market Future Outlook And Potential Analysis
30. Appendix
The "Global Home Standby Gensets Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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