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Residential Generators Market will reach 2090 million US$ by the end of 2025
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.
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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.
The global Residential Generators market is valued at 1680 million US$ in 2017 and will reach 2090 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.
The major manufacturers covered in this report
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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Diesel
Gasoline Type
Gas Type
Others
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Illumination
Others
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