Global Residential Gas Generator Market to 2023 with Briggs & Stratton, Caterpillar, Cummins, Generac Power Systems & Kohler Dominating

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Apr 16, 2019, 09:00 ET

DUBLIN, April 16, 2019 /PRNewswire/ -- The "Global Residential Gas Generator Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The analysts have predicted that the residential gas generator market will register a CAGR of more than 9% by 2023.

Natural calamities and bad weather are a few of the foremost reasons for power outages. In general, power failures are caused by natural weather phenomena such as lightning, rain, snow, ice, wind, and dust. However, during natural calamities such as floods and severe storms, preventing a major power failure becomes challenging.

Such types of natural disasters disrupt the continuous power supply, which causes major faults or breakdowns in the power grid. Therefore, residential consumers rely on gas generators as their auxiliary power source. The continuous power requirement and the unreliable power supply situation have spurred the demand for residential gas generators.

Market Overview

Growth of residential construction sector in US

The use of electrical appliances has increased with the growing number of residential units resulting in an increase in electricity usage. The need for power backup is becoming essential with the rise in residential construction. Many residential users are adopting portable gas generators, which offer safety, mobility and comfort. The effective and reliable operations of portable gas generators cater to the backup power requirements of users during power outages and reduce the need to install large standby generators.

Availability of alternative

The additional overhead costs related to maintenance, fuel, equipment, storage, facilities, and emission regulations have accelerated the demand for alternative backup solutions. For residential consumers, solutions that use battery power packs or inverter technology are cost-effective and more environment-friendly than generators. Therefore, power packs are ideal for residential applications and are expected to pose a challenge to the global residential gas generator market.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY TYPE

Market segmentation by type
Comparison by type
Stationary - Market size and forecast 2018-2023
Portable - Market size and forecast 2018-2023
Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 11: MARKET TRENDS

Emergence of Bluetooth-enabled portable generators
Emerging technologies for electricity generation
Increasing adoption of rental model

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
Briggs & Stratton Corporation
Caterpillar
Cummins Inc.
Generac Power Systems
Kohler Co.

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/348ax6

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