Residential Generators Market
PUBLISHED: 2021 ID: SMRC20526
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Residential Generators Market

Residential Generators Market Forecasts to 2028 – Global Analysis By Type (Portable, Standby), Fuel Type (Diesel, Propane), Application (Lights, Computers, (TVs), Sump Pumps, Home Security Systems) and By Geography

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4.0 (65 reviews)
Published: 2021 ID: SMRC20526

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Residential Generators Market is accounted for $9.40 billion in 2020 and is expected to reach $13.36 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Growing popularity of automatic, intelligent, and smart generators, grid failures due to natural & manmade disasters, longer duration of power supply during outages is driving the market growth. However, increasing shift towards solar power is hampering the growth of the market.

Residential Generators are the most common kind of backup power solution. In an emergency, residential portable generator can provide critical backup power. During power outage, residential portable generators make sure that the most important items like refrigerators and freezers, lights, sump pumps, space heaters and window air conditioners are running, minimizing any disruption to ones’ lifestyle, it goes on automatically when anyone needs it and shuts down automatically once main power is restored.

Based on the type, the portable segment is going to have lucrative growth during the forecast period as portable generators can be tailored to any electrical application. Portable generators are some of the most preferred systems in urban areas of many emerging countries and many individuals willing to install generators outside of their homes are opting this, as they are capable of withstanding adverse weather conditions.

By geography, North America is going to have high growth during the forecast period due to the factors like high population, extreme weather conditions, and increasing number of housing units and commercial buildings are major driving factor of the portable generator market in most of the countries of North America. And companies in the U.S. residential generators market are offering genset sizing calculation services to offer tailored solutions to customers which increase the market growth in the region.

Some of the key players profiled in the Residential Generators Market include Honda Motor Co. Ltd., Kohler Co., Scott's Emergency Lighting & Power Generation Inc., Generac Holdings Inc., General Electric Co.,  Cummins Power Systems, Briggs & Stratton Corporation, Techtronic Industries, Honeywell International, Inc., Hyundai Power, Atlas Copco AB, Westinghouse Electric Corporation, and Wuxi Kipor Power Co. Ltd.

Types Covered:
• Portable
• Standby

Energies Covered:
• Less than 4 KW
• 4- 8 KW
• 8-17 KW
• More than 17 KW   

Fuel Types Covered:
• Diesel
• Gasoline
• Propane

Applications Covered:
• Illumination
• Lights
• Refrigerators and Freezers
• Computers, Tablets and Cell Phone Chargers
• Televisions (TVs)
• Sump Pumps
• Furnaces and Air Conditioners
• Home Security Systems

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

 

1 Executive Summary       
        
2 Preface       

 2.1 Abstract      
 2.2 Stake Holders       
 2.3 Research Scope      
 2.4 Research Methodology      
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions     
        
3 Market Trend Analysis       
 3.1 Introduction      
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats      
 3.6 Application Analysis      
 3.7 Emerging Markets      
 3.8 Impact of Covid-19      
        
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry      
        
5 Global Residential Generators Market, By Type       
 5.1 Introduction      
 5.2 Portable      
 5.3 Standby      
        
6 Global Residential Generators Market, By Energy       
 6.1 Introduction      
 6.2 Less than 4 KW      
 6.3 4- 8 KW      
 6.4 8-17 KW      
 6.5 More than 17 KW      
        
7 Global Residential Generators Market, By Fuel Type       
 7.1 Introduction      
 7.2 Diesel      
 7.3 Gasoline      
 7.4 Propane      
         
8 Global Residential Generators Market, By Application       
 8.1 Introduction      
 8.2 Illumination      
 8.3 Lights      
 8.4 Refrigerators and Freezers      
 8.5 Computers, Tablets and Cell Phone Chargers      
 8.6 Televisions (TVs)       
 8.7 Sump Pumps      
 8.8 Furnaces and Air Conditioners      
 8.9 Home Security Systems      
        
9 Global Residential Generators Market, By Geography       
 9.1 Introduction      
 9.2 North America      
  9.2.1 US     
  9.2.2 Canada      
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe     
 9.4 Asia Pacific      
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India      
  9.4.4 Australia     
  9.4.5 New Zealand     
  9.4.6 South Korea     
  9.4.7 Rest of Asia Pacific     
 9.5 South America      
  9.5.1 Argentina     
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America     
 9.6 Middle East & Africa      
  9.6.1 Saudi Arabia     
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa     
  9.6.5 Rest of Middle East & Africa     
        
10 Key Developments       
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 10.2 Acquisitions & Mergers      
 10.3 New Product Launch      
 10.4 Expansions      
 10.5 Other Key Strategies      
        
11 Company Profiling       
 11.1 Honda Motor Co. Ltd.      
 11.2 Kohler Co.      
 11.3 Scott's Emergency Lighting & Power Generation, Inc.      
 11.4 Generac Holdings Inc.      
 11.5 General Electric Co.      
 11.6 Cummins Power Systems      
 11.7 Briggs & Stratton Corporation      
 11.8 Techtronic Industries      
 11.9 Honeywell International, Inc.      
 11.10 Hyundai Power      
 11.11 Atlas Copco AB      
 11.12 Westinghouse Electric Corporation      
 11.13 Wuxi Kipor Power Co. Ltd.


List of Tables        
1 Global Residential Generators Market Outlook, By Region (2019-2028) (US $MN)        
2 Global Residential Generators Market Outlook, By Type (2019-2028) (US $MN)        
3 Global Residential Generators Market Outlook, By Portable (2019-2028) (US $MN)        
4 Global Residential Generators Market Outlook, By Standby (2019-2028) (US $MN)        
5 Global Residential Generators Market Outlook, By Energy (2019-2028) (US $MN)        
6 Global Residential Generators Market Outlook, By Less than 4 KW (2019-2028) (US $MN)        
7 Global Residential Generators Market Outlook, By 4- 8 KW (2019-2028) (US $MN)        
8 Global Residential Generators Market Outlook, By 8-17 KW (2019-2028) (US $MN)        
9 Global Residential Generators Market Outlook, By More than 17 KW (2019-2028) (US $MN)        
10 Global Residential Generators Market Outlook, By Fuel Type (2019-2028) (US $MN)        
11 Global Residential Generators Market Outlook, By Diesel (2019-2028) (US $MN)        
12 Global Residential Generators Market Outlook, By Gasoline (2019-2028) (US $MN)        
13 Global Residential Generators Market Outlook, By Propane (2019-2028) (US $MN)        
14 Global Residential Generators Market Outlook, By Application (2019-2028) (US $MN)        
15 Global Residential Generators Market Outlook, By Illumination (2019-2028) (US $MN)         
16 Global Residential Generators Market Outlook, By Lights (2019-2028) (US $MN)        
17 Global Residential Generators Market Outlook, By Refrigerators and Freezers (2019-2028) (US $MN)        
18 Global Residential Generators Market Outlook, By Computers, Tablets and Cell Phone Chargers (2019-2028) (US $MN)        
19 Global Residential Generators Market Outlook, By Televisions (TVs) (2019-2028) (US $MN)        
20 Global Residential Generators Market Outlook, By Sump Pumps (2019-2028) (US $MN)        
21 Global Residential Generators Market Outlook, By Furnaces and Air Conditioners (2019-2028) (US $MN)        
22 Global Residential Generators Market Outlook, By Home Security Systems (2019-2028) (US $MN)        
23 North America Residential Generators Market Outlook, By Country (2019-2028) (US $MN)        
24 North America Residential Generators Market Outlook, By Type (2019-2028) (US $MN)        
25 North America Residential Generators Market Outlook, By Portable (2019-2028) (US $MN)         
26 North America Residential Generators Market Outlook, By Standby (2019-2028) (US $MN)        
27 North America Residential Generators Market Outlook, By Energy (2019-2028) (US $MN)        
28 North America Residential Generators Market Outlook, By Less than 4 KW (2019-2028) (US $MN)        
29 North America Residential Generators Market Outlook, By 4- 8 KW (2019-2028) (US $MN)        
30 North America Residential Generators Market Outlook, By 8-17 KW (2019-2028) (US $MN)        
31 North America Residential Generators Market Outlook, By More than 17 KW (2019-2028) (US $MN)        
32 North America Residential Generators Market Outlook, By Fuel Type (2019-2028) (US $MN)        
33 North America Residential Generators Market Outlook, By Diesel (2019-2028) (US $MN)        
34 North America Residential Generators Market Outlook, By Gasoline (2019-2028) (US $MN)        
35 North America Residential Generators Market Outlook, By Propane (2019-2028) (US $MN)        
36 North America Residential Generators Market Outlook, By Application (2019-2028) (US $MN)        
37 North America Residential Generators Market Outlook, By Illumination (2019-2028) (US $MN)        
38 North America Residential Generators Market Outlook, By Lights (2019-2028) (US $MN)        
39 North America Residential Generators Market Outlook, By Refrigerators and Freezers (2019-2028) (US $MN)        
40 North America Residential Generators Market Outlook, By Computers, Tablets and Cell Phone Chargers (2019-2028) (US $MN)         
41 North America Residential Generators Market Outlook, By Televisions (TVs) (2019-2028) (US $MN)        
42 North America Residential Generators Market Outlook, By Sump Pumps (2019-2028) (US $MN)        
43 North America Residential Generators Market Outlook, By Furnaces and Air Conditioners (2019-2028) (US $MN)        
44 North America Residential Generators Market Outlook, By Home Security Systems (2019-2028) (US $MN)        
45 Europe Residential Generators Market Outlook, By Country (2019-2028) (US $MN)        
46 Europe Residential Generators Market Outlook, By Type (2019-2028) (US $MN)        
47 Europe Residential Generators Market Outlook, By Portable (2019-2028) (US $MN)        
48 Europe Residential Generators Market Outlook, By Standby (2019-2028) (US $MN)        
49 Europe Residential Generators Market Outlook, By Energy (2019-2028) (US $MN)        
50 Europe Residential Generators Market Outlook, By Less than 4 KW (2019-2028) (US $MN)        
51 Europe Residential Generators Market Outlook, By 4- 8 KW (2019-2028) (US $MN)        
52 Europe Residential Generators Market Outlook, By 8-17 KW (2019-2028) (US $MN)        
53 Europe Residential Generators Market Outlook, By More than 17 KW (2019-2028) (US $MN)        
54 Europe Residential Generators Market Outlook, By Fuel Type (2019-2028) (US $MN)        
55 Europe Residential Generators Market Outlook, By Diesel (2019-2028) (US $MN)        
56 Europe Residential Generators Market Outlook, By Gasoline (2019-2028) (US $MN)        
57 Europe Residential Generators Market Outlook, By Propane (2019-2028) (US $MN)        
58 Europe Residential Generators Market Outlook, By Application (2019-2028) (US $MN)        
59 Europe Residential Generators Market Outlook, By Illumination (2019-2028) (US $MN)        
60 Europe Residential Generators Market Outlook, By Lights (2019-2028) (US $MN)        
61 Europe Residential Generators Market Outlook, By Refrigerators and Freezers (2019-2028) (US $MN)        
62 Europe Residential Generators Market Outlook, By Computers, Tablets and Cell Phone Chargers (2019-2028) (US $MN)        
63 Europe Residential Generators Market Outlook, By Televisions (TVs) (2019-2028) (US $MN)        
64 Europe Residential Generators Market Outlook, By Sump Pumps (2019-2028) (US $MN)        
65 Europe Residential Generators Market Outlook, By Furnaces and Air Conditioners (2019-2028) (US $MN)        
66 Europe Residential Generators Market Outlook, By Home Security Systems (2019-2028) (US $MN)        
67 Asia Pacific Residential Generators Market Outlook, By Country (2019-2028) (US $MN)        
68 Asia Pacific Residential Generators Market Outlook, By Type (2019-2028) (US $MN)        
69 Asia Pacific Residential Generators Market Outlook, By Portable (2019-2028) (US $MN)        
70 Asia Pacific Residential Generators Market Outlook, By Standby (2019-2028) (US $MN)        
71 Asia Pacific Residential Generators Market Outlook, By Energy (2019-2028) (US $MN)        
72 Asia Pacific Residential Generators Market Outlook, By Less than 4 KW (2019-2028) (US $MN)        
73 Asia Pacific Residential Generators Market Outlook, By 4- 8 KW (2019-2028) (US $MN)        
74 Asia Pacific Residential Generators Market Outlook, By 8-17 KW (2019-2028) (US $MN)        
75 Asia Pacific Residential Generators Market Outlook, By More than 17 KW (2019-2028) (US $MN)        
76 Asia Pacific Residential Generators Market Outlook, By Fuel Type (2019-2028) (US $MN)        
77 Asia Pacific Residential Generators Market Outlook, By Diesel (2019-2028) (US $MN)        
78 Asia Pacific Residential Generators Market Outlook, By Gasoline (2019-2028) (US $MN)        
79 Asia Pacific Residential Generators Market Outlook, By Propane (2019-2028) (US $MN)        
80 Asia Pacific Residential Generators Market Outlook, By Application (2019-2028) (US $MN)        
81 Asia Pacific Residential Generators Market Outlook, By Illumination (2019-2028) (US $MN)        
82 Asia Pacific Residential Generators Market Outlook, By Lights (2019-2028) (US $MN)         
83 Asia Pacific Residential Generators Market Outlook, By Refrigerators and Freezers (2019-2028) (US $MN)        
84 Asia Pacific Residential Generators Market Outlook, By Computers, Tablets and Cell Phone Chargers (2019-2028) (US $MN)        
85 Asia Pacific Residential Generators Market Outlook, By Televisions (TVs) (2019-2028) (US $MN)        
86 Asia Pacific Residential Generators Market Outlook, By Sump Pumps (2019-2028) (US $MN)        
87 Asia Pacific Residential Generators Market Outlook, By Furnaces and Air Conditioners (2019-2028) (US $MN)        
88 Asia Pacific Residential Generators Market Outlook, By Home Security Systems (2019-2028) (US $MN)        
89 South America Residential Generators Market Outlook, By Country (2019-2028) (US $MN)        
90 South America Residential Generators Market Outlook, By Type (2019-2028) (US $MN)        
91 South America Residential Generators Market Outlook, By Portable (2019-2028) (US $MN)        
92 South America Residential Generators Market Outlook, By Standby (2019-2028) (US $MN)        
93 South America Residential Generators Market Outlook, By Energy (2019-2028) (US $MN)        
94 South America Residential Generators Market Outlook, By Less than 4 KW (2019-2028) (US $MN)        
95 South America Residential Generators Market Outlook, By 4- 8 KW (2019-2028) (US $MN)        
96 South America Residential Generators Market Outlook, By 8-17 KW (2019-2028) (US $MN)        
97 South America Residential Generators Market Outlook, By More than 17 KW (2019-2028) (US $MN)        
98 South America Residential Generators Market Outlook, By Fuel Type (2019-2028) (US $MN)        
99 South America Residential Generators Market Outlook, By Diesel (2019-2028) (US $MN)        
100 South America Residential Generators Market Outlook, By Gasoline (2019-2028) (US $MN)        
101 South America Residential Generators Market Outlook, By Propane (2019-2028) (US $MN)        
102 South America Residential Generators Market Outlook, By Application (2019-2028) (US $MN)        
103 South America Residential Generators Market Outlook, By Illumination (2019-2028) (US $MN)        
104 South America Residential Generators Market Outlook, By Lights (2019-2028) (US $MN)        
105 South America Residential Generators Market Outlook, By Refrigerators and Freezers (2019-2028) (US $MN)        
106 South America Residential Generators Market Outlook, By Computers, Tablets and Cell Phone Chargers (2019-2028) (US $MN)        
107 South America Residential Generators Market Outlook, By Televisions (TVs) (2019-2028) (US $MN)        
108 South America Residential Generators Market Outlook, By Sump Pumps (2019-2028) (US $MN)        
109 South America Residential Generators Market Outlook, By Furnaces and Air Conditioners (2019-2028) (US $MN)        
110 South America Residential Generators Market Outlook, By Home Security Systems (2019-2028) (US $MN)        
111 Middle East & Africa Residential Generators Market Outlook, By Country (2019-2028) (US $MN)        
112 Middle East & Africa Residential Generators Market Outlook, By Type (2019-2028) (US $MN)        
113 Middle East & Africa Residential Generators Market Outlook, By Portable (2019-2028) (US $MN)        
114 Middle East & Africa Residential Generators Market Outlook, By Standby (2019-2028) (US $MN)        
115 Middle East & Africa Residential Generators Market Outlook, By Energy (2019-2028) (US $MN)        
116 Middle East & Africa Residential Generators Market Outlook, By Less than 4 KW (2019-2028) (US $MN)         
117 Middle East & Africa Residential Generators Market Outlook, By 4- 8 KW (2019-2028) (US $MN)        
118 Middle East & Africa Residential Generators Market Outlook, By 8-17 KW (2019-2028) (US $MN)        
119 Middle East & Africa Residential Generators Market Outlook, By More than 17 KW (2019-2028) (US $MN)        
120 Middle East & Africa Residential Generators Market Outlook, By Fuel Type (2019-2028) (US $MN)        
121 Middle East & Africa Residential Generators Market Outlook, By Diesel (2019-2028) (US $MN)        
122 Middle East & Africa Residential Generators Market Outlook, By Gasoline (2019-2028) (US $MN)        
123 Middle East & Africa Residential Generators Market Outlook, By Propane (2019-2028) (US $MN)        
124 Middle East & Africa Residential Generators Market Outlook, By Application (2019-2028) (US $MN)        
125 Middle East & Africa Residential Generators Market Outlook, By Illumination (2019-2028) (US $MN)        
126 Middle East & Africa Residential Generators Market Outlook, By Lights (2019-2028) (US $MN)        
127 Middle East & Africa Residential Generators Market Outlook, By Refrigerators and Freezers (2019-2028) (US $MN)        
128 Middle East & Africa Residential Generators Market Outlook, By Computers, Tablets and Cell Phone Chargers (2019-2028) (US $MN)        
129 Middle East & Africa Residential Generators Market Outlook, By Televisions (TVs) (2019-2028) (US $MN)        
130 Middle East & Africa Residential Generators Market Outlook, By Sump Pumps (2019-2028) (US $MN)        
131 Middle East & Africa Residential Generators Market Outlook, By Furnaces and Air Conditioners (2019-2028) (US $MN)        
132 Middle East & Africa Residential Generators Market Outlook, By Home Security Systems (2019-2028) (US $MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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