Global residential portable generator
market is estimated to expand at a substantial CAGR in the forecast period as
the scope, product types, and its applications are increasing across the globe.
Portable generators are used to supply power to the small electrical appliances
in the event of power outage and for residential use.
Factors such as growing acceptance of
portable generators by residential complexes, huge investment in R&D, and
upcoming technically progressive products and increasing number of live
commercial events are likely to drive the residential portable generator market
in the forthcoming period.
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On the other hand, competition from
stationary generators, the growing acceptance of energy storage technologies
and a high cost of installation and maintenance are anticipated to hinder
residential portable generator market growth in the future. However, rapid
increase in the demand-supply gap of electric power in emerging economies is
likely to create lucrative opportunities for the market.
Residential portable generator market
could be explored by fuel type, product type, and geography. Market of
residential portable generator by fuel type could span gas, gasoline, and
diesel. The “Gasoline” segment accounted for a prominent share in the market.
It is likely to witness substantial growth in the years to come. Residential
portable generator Industry could be explored based on product type as 10 kW-15
kW, 3 kW-10 kW, and below 3 kW. The “3 kW-10 kW” segment accounted for a
prominent share in the market. It is likely to witness substantial growth in
the years to come.
Residential portable generator market is
categorized based on geography into North America, Latin America, Japan, Middle
East, and Africa, Western Europe, Asia Pacific, and Eastern Europe. North
America is a leading region in the market. It is likely to maintain its
dominance in the forecast period owing to factors, such as weather is the most
common cause of power outages and increasing demand
Leading Key players operating in the
residential portable generator market include Generac, Honda Power, Briggs
& Stratton, KOHLER, Yamaha, United Power Technology, TTI, Champion, Eaton,
Honeywell, Wacker Neuson, Hyundai Power, Scotts, Sawafuji, Pramac, Mi-T-M, and
HGI. the leading companies are taking up partnerships, mergers and acquisitions,
and joint ventures in order to boost the inorganic growth of the industry.
The global Residential Portable
Generator market was valued at $XX million in 2017, and analysts predict the
global market size will reach $XX million by the end of 2028, growing at a CAGR
of XX% between 2017 and 2028.
This report provides detailed historical
analysis of global market for Residential Portable Generator from 2013-2018,
and provides extensive market forecasts from 2018-2028 by region/country and
subsectors. It covers the sales volume, price, revenue, gross margin,
historical growth and future perspectives in the Residential Portable Generator
market.
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Leading
players of Residential Portable Generator including:
·
Honda Power
·
Generac
·
Briggs & Stratton
·
Yamaha
·
KOHLER
·
United Power Technology
·
Champion
·
TTI
·
Eaton
·
Wacker Neuson
Market
split by Type, can be divided into:
·
Diesel Type
·
Gasoline Type
·
Gas Type
Market
split by Application, can be divided into:
·
Less than 4 KW
·
4-8 KW
·
More than 8 KW
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CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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