Residential Generators Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
Residential generators are commonly used to provide backup electrical power to security systems, HVAC systems, and other household appliances. An increase in the frequency of power outages across the globe is the prime factor responsible for the residential generator market growth during the forecast period. Moreover, rapid urbanization, growing population, increasing disposable income, and high per capita electricity consumption also increase the demand for generators in the residential sector.
MARKET DYNAMICS
The increase in a number of natural calamities, rise in weather-related power problems, distribution line failure, transmission line failure, faults in the equipment of power station or substation, and repair work are growing need for the power back-up facility which anticipating in the growth of the residential generators market over the forecast period. However, increasing deployment of solar power systems, and the limited duration of power cut may hamper the residential generators market growth. Further, the proliferation of natural-gas fuel generators, the rise in awareness of portable generators, and the increase in the need for power backup facilities are expected to accelerate the growth of the residential generators market growth in the coming years.
MARKET SCOPE
The "Global Residential Generators Market Analysis to 2028" is a specialized and in-depth study of the residential generators industry with a special focus on the global market trend analysis. The report aims to provide an overview residential generators market with detailed market segmentation as fuel, type, power rating, phase, and geography. The global residential generators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading residential generators market players and offers key trends and opportunities in the residential generators market.
MARKET SEGMENTATION
The global residential generators market is segmented on the basis of fuel, type, power rating, phase. On the basis of fuel the market is segmented as diesel, natural gas, others. On the basis of type the market is segmented as stationary, portable. On the basis of power rating the market is segmented as below 50 kw, 50 kw - 100 kw, above 100 kw. On the basis of phase the market is segmented as single phase, three phase.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global residential generators market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The residential generators market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting residential generators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the residential generators market in these regions.
By Fuel
By Type
By Power Rating
By Phase
MARKET PLAYERS
The reports cover key developments in the residential generators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Residential generators market are anticipated to lucrative growth opportunities in the future with the rising demand for residential generators in the global market. Below mentioned is the list of few companies engaged in the residential generators market.
The report also includes the profiles of key residential generators companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Residential generators are commonly used to provide backup electrical power to security systems, HVAC systems, and other household appliances. An increase in the frequency of power outages across the globe is the prime factor responsible for the residential generator market growth during the forecast period. Moreover, rapid urbanization, growing population, increasing disposable income, and high per capita electricity consumption also increase the demand for generators in the residential sector.
MARKET DYNAMICS
The increase in a number of natural calamities, rise in weather-related power problems, distribution line failure, transmission line failure, faults in the equipment of power station or substation, and repair work are growing need for the power back-up facility which anticipating in the growth of the residential generators market over the forecast period. However, increasing deployment of solar power systems, and the limited duration of power cut may hamper the residential generators market growth. Further, the proliferation of natural-gas fuel generators, the rise in awareness of portable generators, and the increase in the need for power backup facilities are expected to accelerate the growth of the residential generators market growth in the coming years.
MARKET SCOPE
The "Global Residential Generators Market Analysis to 2028" is a specialized and in-depth study of the residential generators industry with a special focus on the global market trend analysis. The report aims to provide an overview residential generators market with detailed market segmentation as fuel, type, power rating, phase, and geography. The global residential generators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading residential generators market players and offers key trends and opportunities in the residential generators market.
MARKET SEGMENTATION
The global residential generators market is segmented on the basis of fuel, type, power rating, phase. On the basis of fuel the market is segmented as diesel, natural gas, others. On the basis of type the market is segmented as stationary, portable. On the basis of power rating the market is segmented as below 50 kw, 50 kw - 100 kw, above 100 kw. On the basis of phase the market is segmented as single phase, three phase.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global residential generators market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The residential generators market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting residential generators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the residential generators market in these regions.
Residential Generators Market Report Analysis
Residential Generators Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Atlas Copco
- Briggs and Stratton
- Caterpillar Inc.
- Cummins Inc.
- Generac Power Systems, Inc.
- Honda Motor Co., Ltd
- Honeywell International Inc.
- Kirloskar Oil Engines Limited (KOEL)
- Kohler Co.
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Fuel
- Diesel
- Natural Gas
- Others
By Type
- Stationary
- Portable
By Power Rating
- Below 50 kW
- 50 kW - 100 kW
- Above 100 kW
By Phase
- Single Phase
- Three Phase
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover key developments in the residential generators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Residential generators market are anticipated to lucrative growth opportunities in the future with the rising demand for residential generators in the global market. Below mentioned is the list of few companies engaged in the residential generators market.
The report also includes the profiles of key residential generators companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Atlas Copco
- Briggs & Stratton
- Caterpillar Inc.
- Cummins Inc.
- Generac Power Systems, Inc.
- Honda Motor Co., Ltd
- Honeywell International Inc.
- Kirloskar Oil Engines Limited (KOEL)
- Kohler Co.
- PR INDUSTRIAL srl
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Residential Generators Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Fuel
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Atlas Copco
2. Briggs and Stratton
3. Caterpillar Inc.
4. Cummins Inc.
5. Generac Power Systems, Inc.
6. Honda Motor Co., Ltd
7. Honeywell International Inc.
8. Kirloskar Oil Engines Limited (KOEL)
9. Kohler Co.
10. PR INDUSTRIAL srl
1. Atlas Copco
2. Briggs and Stratton
3. Caterpillar Inc.
4. Cummins Inc.
5. Generac Power Systems, Inc.
6. Honda Motor Co., Ltd
7. Honeywell International Inc.
8. Kirloskar Oil Engines Limited (KOEL)
9. Kohler Co.
10. PR INDUSTRIAL srl
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