One of the primary growth drivers for this market is the growing popularity of gas generators. In addition, power blackouts due to natural calamities and the high demand for residential gas generators from emerging economies will have a positive impact on the growth of the market during the forecast period. However, the availability of alternatives such as power packs will reduce the growth potential in the market.
Residential Gas Generator Market: Segment Highlights
- By type, the residential gas generator market is segmented by stationary and portable.
- The stationary gas generator segment holds the largest share of the market.
- Stationary gas generators exhibit excellent operational reliability when addressing high-power requirements that can reach several kilowatts for extended periods. This is one of the key factors driving the growth of the segment.
- Also, stationary generators can produce a higher power output than portable models, which is increasing their adoption.
- The market growth in the stationary gas generator segment will be significant during the forecast period.
Regional Analysis
- 31% of the growth will originate from the North American region.
- The region will continue to dominate in terms of revenue generation throughout the forecast period.
- The rise in production activities in various industries, such as manufacturing and automobile will fuel the growth of the market in North America.
- In addition, the increasing severity and frequency of natural disasters, especially in the US will contribute to the growth of the regional market.
- The US and Canada are the key markets for residential gas generators in North America.
- Also, countries such as China, Germany, and the UK will emerge as prominent markets for residential gas generators during the forecast period.
Vendor Analysis
The residential gas generators market is fragmented and is characterized by the presence of many international and local vendors as well as smaller generator manufacturers. Large vendors are focusing on differentiating their product offerings in terms of enhanced quality and technological developments, such as the incorporation of bi-fuel technology and smart digital controls in gas generators. This is posing stiff competition to local players who find it challenging to compete with international vendors in terms of quality, features, functionality, and services.
The research report offers information on several market vendors, including Aggreko Plc, Briggs and Stratton LLC, Caterpillar Inc., Champion Power Equipment Inc., Cummins Inc., DuroMax Power Equipment, Generac Power Systems Inc., Honda Motor Co. Ltd., Kohler Co., PR INDUSTRIAL Srl, Pulsar Products Inc., Rolls-Royce Plc, WEN Products., Yanmar Holdings Co. Ltd., and Atlas Copco AB
Notes:
- The residential gas generator market size is expected to accelerate at a CAGR of 8% during the forecast period.
- The residential gas generator market is segmented by Type (Stationary and Portable) and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
- The market is fragmented due to the presence of many established vendors holding significant market share.
Learn about other dominant players, major segments, regions, and countries in the market. Download a Free Sample Now!
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Residential Gas Generator Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8% |
Market growth 2022-2026 |
USD 691.47 million |
Market structure |
Fragmented |
YoY growth (%) |
6.8 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 31% |
Key consumer countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aggreko Plc, Briggs and Stratton LLC, Caterpillar Inc., Champion Power Equipment Inc., Cummins Inc., DuroMax Power Equipment, Generac Power Systems Inc., Honda Motor Co. Ltd., Kohler Co., PR INDUSTRIAL Srl, Pulsar Products Inc., Rolls-Royce Plc, WEN Products., Yanmar Holdings Co. Ltd., and Atlas Copco AB |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Stationary - Market size and forecast 2021-2026
- Exhibit 28: Chart on Stationary - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Stationary - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Stationary - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Stationary - Year-over-year growth 2021-2026 (%)
- 5.4 Portable - Market size and forecast 2021-2026
- Exhibit 32: Chart on Portable - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Portable - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Portable - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Portable - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Briggs and Stratton LLC
- Exhibit 89: Briggs and Stratton LLC - Overview
- Exhibit 90: Briggs and Stratton LLC - Product / Service
- Exhibit 91: Briggs and Stratton LLC - Key offerings
- 10.4 Caterpillar Inc.
- Exhibit 92: Caterpillar Inc. - Overview
- Exhibit 93: Caterpillar Inc. - Business segments
- Exhibit 94: Caterpillar Inc. - Key offerings
- Exhibit 95: Caterpillar Inc. - Segment focus
- 10.5 Champion Power Equipment Inc.
- Exhibit 96: Champion Power Equipment Inc. - Overview
- Exhibit 97: Champion Power Equipment Inc. - Product / Service
- Exhibit 98: Champion Power Equipment Inc. - Key offerings
- 10.6 Cummins Inc.
- Exhibit 99: Cummins Inc. - Overview
- Exhibit 100: Cummins Inc. - Business segments
- Exhibit 101: Cummins Inc. - Key offerings
- Exhibit 102: Cummins Inc. - Segment focus
- 10.7 DuroMax Power Equipment
- Exhibit 103: DuroMax Power Equipment - Overview
- Exhibit 104: DuroMax Power Equipment - Product / Service
- Exhibit 105: DuroMax Power Equipment - Key offerings
- 10.8 Generac Power Systems Inc.
- Exhibit 106: Generac Power Systems Inc. - Overview
- Exhibit 107: Generac Power Systems Inc. - Business segments
- Exhibit 108: Generac Power Systems Inc. - Key news
- Exhibit 109: Generac Power Systems Inc. - Key offerings
- Exhibit 110: Generac Power Systems Inc. - Segment focus
- 10.9 Honda Motor Co. Ltd.
- Exhibit 111: Honda Motor Co. Ltd. - Overview
- Exhibit 112: Honda Motor Co. Ltd. - Business segments
- Exhibit 113: Honda Motor Co. Ltd. - Key offerings
- Exhibit 114: Honda Motor Co. Ltd. - Segment focus
- 10.10 Kohler Co.
- Exhibit 115: Kohler Co. - Overview
- Exhibit 116: Kohler Co. - Product / Service
- Exhibit 117: Kohler Co. - Key news
- Exhibit 118: Kohler Co. - Key offerings
- 10.11 Pulsar Products Inc.
- Exhibit 119: Pulsar Products Inc. - Overview
- Exhibit 120: Pulsar Products Inc. - Product / Service
- Exhibit 121: Pulsar Products Inc. - Key offerings
- 10.12 Yanmar Holdings Co. Ltd.
- Exhibit 122: Yanmar Holdings Co. Ltd. - Overview
- Exhibit 123: Yanmar Holdings Co. Ltd. - Product / Service
- Exhibit 124: Yanmar Holdings Co. Ltd. - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 125: Inclusions checklist
- Exhibit 126: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 127: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 128: Research methodology
- Exhibit 129: Validation techniques employed for market sizing
- Exhibit 130: Information sources
- 11.5 List of abbreviations
- Exhibit 131: List of abbreviations
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