DUBLIN, November 25, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/8t9xc3/global) has announced the addition of the "Global Residential Stationary Generator Market 2015-2019" report to their offering.
Following the increased use of smart equipment at home, continuous supply of electricity is the most important aspect for the households. At present, the market for the generators with a capacity of 61 to 1,000 kW accounts for the majority of share with 51% due to advantages like longer run time than low power rating generators and less costly than generators with power rating more than 1000 Kw.
The APAC region dominated the residential stationary generator market in 2014, accounting for a share of over 36%. Technavio's research analysts expect the stationary generator market in the APAC region to witness a significant growth during the forecast period, which is driven by the increasing number of power outages and growth in the construction industry. The increasing demand will mostly emerge from countries such as India, China, Indonesia, and Philippines.
The residential stationary generator market is dominated by large and international vendors, however, many local and regional vendors are evolving in the market with low-cost options for residential and commercial users. Therefore, several market vendors are in the course of developing advanced generators with increased features and functionalities to sustain themselves in this competitive business environment.
There has been an increasing focus on the implementation of advanced services which includes system performance and energy efficiency. Several market vendors are in the process of developing advanced generators with increased features and functionalities in order to sustain themselves in this competitive business environment.
According to the report, growing need for auxiliary power sources because of frequent power outages caused by natural disasters is expected to be one of the major drivers for the growth of the market during the forecast period. Power outages have become more frequent worldwide because of the prevalence of natural disasters such as earthquakes, storms, and floods.
Further, the report states that the governments in many countries have passed stringent regulations and guidelines on environmental conservation. These regulations have a negative impact on the growth of the global residential stationary generator market since vendors are required to comply with these regulations.
The major vendors in this market are
- Briggs & Stratton
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product range
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information visit http://www.researchandmarkets.com/research/8t9xc3/global
Laura Wood ,
SOURCE Research and Markets