Residential Portable Generators are the most common kind of backup power solution. Versatile and easily moved, a portable generator can be used in multiple locations for several purposes. In an emergency, Residential Portable Generator can provide critical backup power. Just add fuel, start the engine, and run extension cords to your most essential items. During a power outage, Residential Portable Generator make sure the most important items?lights, refrigerators and freezers, sump pumps, even space heaters and window air conditioners?are up and running, minimizing any disruption to ones' lifestyle.
Demand for residential generator has mainly been driven by improvement of life. Economic investment has large impact on research and National policies are also the main growth catalysts for the market.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area: the future will still have more new investment enter the field. In the next five years, the sales volume will keep slow increasing but the market revenue scale is forecasted to be reduced because of price downturn.
According to this study, over the next five years the Residential Generators market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 1990 million by 2024, from US$ 1680 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Residential Generators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Generators market by product type, application, key manufacturers and key regions and countries.
This study considers the Residential Generators value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Portable Diesel Type
Portable Gasoline Type
Portable Other (Gas, Propane) Type
Standby Diesel Type
Standby Gasoline Type
Standby Other (Gas, Propane) Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Illumination
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Generac
Briggs & Stratton
Cummins Power Systems
Honda Power
Yamaha
KOHLER
Multiquip
Techtronic Industries
Eaton
Wacker Neuson
Honeywell
Hyundai Power
Champion
Sawafuji
Scott's
Pramac
HGI
Mi-T-M
Winco
Perkins
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Residential Generators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Residential Generators market by identifying its various subsegments.
Focuses on the key global Residential Generators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Residential Generators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Residential Generators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.