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Global Residential Generators Market Research Report 2024
Synopsis
Residential Generators contain Portable and Standby Generators. Portable generator takes major share in Residential application field.
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.
Generally, a residential home standby generator set offers many features not found on portable generator sets, such as a more sophisticated control system, a fully weather–protective enclosure, significantly quieter operation, and more capacity so you can power more conveniences. It goes on automatically when you need it and shuts down automatically once main power is restored. It is connected directly to a fuel system and your home’s electrical system so you won’t have to fill a gas tank or manually transfer power from the utility to the home standby unit.
The global Residential Generators market was valued at US$ 2755.6 million in 2023 and is anticipated to reach US$ 4391 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
The industry's leading producers are Generac, Honda Power and Briggs & Stratton, with revenues of 19.69%, 16.60% and 12.48%, respectively, in 2019.
This report aims to provide a comprehensive presentation of the global market for Residential Generators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Generators.
Report Scope
The Residential Generators market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Generators market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Generators manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Generac
Honda Power
Briggs & Stratton
KOHLER
Champion
Yamaha
TTI
United Power Technology
Cummins Power Systems
Eaton
Wacker Neuson
Honeywell
Hyundai Power
Sawafuji
Scott’s
Pramac
HGI
Mi-T-M
Segment by Type
Portable Diesel Type
Portable Gasoline Type
Portable Other (Gas, Propane) Type
Standby Diesel Type
Standby Gasoline Type
Standby Other (Gas, Propane) Type
Segment by Application
Less than 4 KW
4- 8 KW
8-17 KW
More than 17 KW
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Generators manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Generators by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Generators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Residential Generators contain Portable and Standby Generators. Portable generator takes major share in Residential application field.
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.
Generally, a residential home standby generator set offers many features not found on portable generator sets, such as a more sophisticated control system, a fully weather–protective enclosure, significantly quieter operation, and more capacity so you can power more conveniences. It goes on automatically when you need it and shuts down automatically once main power is restored. It is connected directly to a fuel system and your home’s electrical system so you won’t have to fill a gas tank or manually transfer power from the utility to the home standby unit.
The global Residential Generators market was valued at US$ 2755.6 million in 2023 and is anticipated to reach US$ 4391 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
The industry's leading producers are Generac, Honda Power and Briggs & Stratton, with revenues of 19.69%, 16.60% and 12.48%, respectively, in 2019.
This report aims to provide a comprehensive presentation of the global market for Residential Generators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Generators.
Report Scope
The Residential Generators market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Generators market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Generators manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Generac
Honda Power
Briggs & Stratton
KOHLER
Champion
Yamaha
TTI
United Power Technology
Cummins Power Systems
Eaton
Wacker Neuson
Honeywell
Hyundai Power
Sawafuji
Scott’s
Pramac
HGI
Mi-T-M
Segment by Type
Portable Diesel Type
Portable Gasoline Type
Portable Other (Gas, Propane) Type
Standby Diesel Type
Standby Gasoline Type
Standby Other (Gas, Propane) Type
Segment by Application
Less than 4 KW
4- 8 KW
8-17 KW
More than 17 KW
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Generators manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Generators by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Generators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Residential Generators Market Overview
1.1 Product Definition
1.2 Residential Generators Segment by Type
1.2.1 Global Residential Generators Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Portable Diesel Type
1.2.3 Portable Gasoline Type
1.2.4 Portable Other (Gas, Propane) Type
1.2.5 Standby Diesel Type
1.2.6 Standby Gasoline Type
1.2.7 Standby Other (Gas, Propane) Type
1.3 Residential Generators Segment by Application
1.3.1 Global Residential Generators Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Less than 4 KW
1.3.3 4- 8 KW
1.3.4 8-17 KW
1.3.5 More than 17 KW
1.4 Global Market Growth Prospects
1.4.1 Global Residential Generators Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Residential Generators Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Residential Generators Production Estimates and Forecasts (2019-2030)
1.4.4 Global Residential Generators Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Residential Generators Production Market Share by Manufacturers (2019-2024)
2.2 Global Residential Generators Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Residential Generators, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Residential Generators Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Residential Generators Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Residential Generators, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Residential Generators, Product Offered and Application
2.8 Global Key Manufacturers of Residential Generators, Date of Enter into This Industry
2.9 Residential Generators Market Competitive Situation and Trends
2.9.1 Residential Generators Market Concentration Rate
2.9.2 Global 5 and 10 Largest Residential Generators Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Residential Generators Production by Region
3.1 Global Residential Generators Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Residential Generators Production Value by Region (2019-2030)
3.2.1 Global Residential Generators Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Residential Generators by Region (2025-2030)
3.3 Global Residential Generators Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Residential Generators Production by Region (2019-2030)
3.4.1 Global Residential Generators Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Residential Generators by Region (2025-2030)
3.5 Global Residential Generators Market Price Analysis by Region (2019-2024)
3.6 Global Residential Generators Production and Value, Year-over-Year Growth
3.6.1 North America Residential Generators Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Residential Generators Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Residential Generators Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Residential Generators Production Value Estimates and Forecasts (2019-2030)
4 Residential Generators Consumption by Region
4.1 Global Residential Generators Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Residential Generators Consumption by Region (2019-2030)
4.2.1 Global Residential Generators Consumption by Region (2019-2024)
4.2.2 Global Residential Generators Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Residential Generators Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Residential Generators Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Residential Generators Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Residential Generators Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Residential Generators Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Residential Generators Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Residential Generators Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Residential Generators Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Residential Generators Production by Type (2019-2030)
5.1.1 Global Residential Generators Production by Type (2019-2024)
5.1.2 Global Residential Generators Production by Type (2025-2030)
5.1.3 Global Residential Generators Production Market Share by Type (2019-2030)
5.2 Global Residential Generators Production Value by Type (2019-2030)
5.2.1 Global Residential Generators Production Value by Type (2019-2024)
5.2.2 Global Residential Generators Production Value by Type (2025-2030)
5.2.3 Global Residential Generators Production Value Market Share by Type (2019-2030)
5.3 Global Residential Generators Price by Type (2019-2030)
6 Segment by Application
6.1 Global Residential Generators Production by Application (2019-2030)
6.1.1 Global Residential Generators Production by Application (2019-2024)
6.1.2 Global Residential Generators Production by Application (2025-2030)
6.1.3 Global Residential Generators Production Market Share by Application (2019-2030)
6.2 Global Residential Generators Production Value by Application (2019-2030)
6.2.1 Global Residential Generators Production Value by Application (2019-2024)
6.2.2 Global Residential Generators Production Value by Application (2025-2030)
6.2.3 Global Residential Generators Production Value Market Share by Application (2019-2030)
6.3 Global Residential Generators Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Generac
7.1.1 Generac Residential Generators Corporation Information
7.1.2 Generac Residential Generators Product Portfolio
7.1.3 Generac Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Generac Main Business and Markets Served
7.1.5 Generac Recent Developments/Updates
7.2 Honda Power
7.2.1 Honda Power Residential Generators Corporation Information
7.2.2 Honda Power Residential Generators Product Portfolio
7.2.3 Honda Power Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Honda Power Main Business and Markets Served
7.2.5 Honda Power Recent Developments/Updates
7.3 Briggs & Stratton
7.3.1 Briggs & Stratton Residential Generators Corporation Information
7.3.2 Briggs & Stratton Residential Generators Product Portfolio
7.3.3 Briggs & Stratton Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Briggs & Stratton Main Business and Markets Served
7.3.5 Briggs & Stratton Recent Developments/Updates
7.4 KOHLER
7.4.1 KOHLER Residential Generators Corporation Information
7.4.2 KOHLER Residential Generators Product Portfolio
7.4.3 KOHLER Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.4.4 KOHLER Main Business and Markets Served
7.4.5 KOHLER Recent Developments/Updates
7.5 Champion
7.5.1 Champion Residential Generators Corporation Information
7.5.2 Champion Residential Generators Product Portfolio
7.5.3 Champion Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Champion Main Business and Markets Served
7.5.5 Champion Recent Developments/Updates
7.6 Yamaha
7.6.1 Yamaha Residential Generators Corporation Information
7.6.2 Yamaha Residential Generators Product Portfolio
7.6.3 Yamaha Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Yamaha Main Business and Markets Served
7.6.5 Yamaha Recent Developments/Updates
7.7 TTI
7.7.1 TTI Residential Generators Corporation Information
7.7.2 TTI Residential Generators Product Portfolio
7.7.3 TTI Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.7.4 TTI Main Business and Markets Served
7.7.5 TTI Recent Developments/Updates
7.8 United Power Technology
7.8.1 United Power Technology Residential Generators Corporation Information
7.8.2 United Power Technology Residential Generators Product Portfolio
7.8.3 United Power Technology Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.8.4 United Power Technology Main Business and Markets Served
7.7.5 United Power Technology Recent Developments/Updates
7.9 Cummins Power Systems
7.9.1 Cummins Power Systems Residential Generators Corporation Information
7.9.2 Cummins Power Systems Residential Generators Product Portfolio
7.9.3 Cummins Power Systems Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Cummins Power Systems Main Business and Markets Served
7.9.5 Cummins Power Systems Recent Developments/Updates
7.10 Eaton
7.10.1 Eaton Residential Generators Corporation Information
7.10.2 Eaton Residential Generators Product Portfolio
7.10.3 Eaton Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Eaton Main Business and Markets Served
7.10.5 Eaton Recent Developments/Updates
7.11 Wacker Neuson
7.11.1 Wacker Neuson Residential Generators Corporation Information
7.11.2 Wacker Neuson Residential Generators Product Portfolio
7.11.3 Wacker Neuson Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Wacker Neuson Main Business and Markets Served
7.11.5 Wacker Neuson Recent Developments/Updates
7.12 Honeywell
7.12.1 Honeywell Residential Generators Corporation Information
7.12.2 Honeywell Residential Generators Product Portfolio
7.12.3 Honeywell Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Honeywell Main Business and Markets Served
7.12.5 Honeywell Recent Developments/Updates
7.13 Hyundai Power
7.13.1 Hyundai Power Residential Generators Corporation Information
7.13.2 Hyundai Power Residential Generators Product Portfolio
7.13.3 Hyundai Power Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Hyundai Power Main Business and Markets Served
7.13.5 Hyundai Power Recent Developments/Updates
7.14 Sawafuji
7.14.1 Sawafuji Residential Generators Corporation Information
7.14.2 Sawafuji Residential Generators Product Portfolio
7.14.3 Sawafuji Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Sawafuji Main Business and Markets Served
7.14.5 Sawafuji Recent Developments/Updates
7.15 Scott’s
7.15.1 Scott’s Residential Generators Corporation Information
7.15.2 Scott’s Residential Generators Product Portfolio
7.15.3 Scott’s Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Scott’s Main Business and Markets Served
7.15.5 Scott’s Recent Developments/Updates
7.16 Pramac
7.16.1 Pramac Residential Generators Corporation Information
7.16.2 Pramac Residential Generators Product Portfolio
7.16.3 Pramac Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Pramac Main Business and Markets Served
7.16.5 Pramac Recent Developments/Updates
7.17 HGI
7.17.1 HGI Residential Generators Corporation Information
7.17.2 HGI Residential Generators Product Portfolio
7.17.3 HGI Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.17.4 HGI Main Business and Markets Served
7.17.5 HGI Recent Developments/Updates
7.18 Mi-T-M
7.18.1 Mi-T-M Residential Generators Corporation Information
7.18.2 Mi-T-M Residential Generators Product Portfolio
7.18.3 Mi-T-M Residential Generators Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Mi-T-M Main Business and Markets Served
7.18.5 Mi-T-M Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Residential Generators Industry Chain Analysis
8.2 Residential Generators Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Residential Generators Production Mode & Process
8.4 Residential Generators Sales and Marketing
8.4.1 Residential Generators Sales Channels
8.4.2 Residential Generators Distributors
8.5 Residential Generators Customers
9 Residential Generators Market Dynamics
9.1 Residential Generators Industry Trends
9.2 Residential Generators Market Drivers
9.3 Residential Generators Market Challenges
9.4 Residential Generators Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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