Global Residential Portable Generator Market Growth 2019-2024

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.
In the coming years there is an increasing demand for Residential Portable Generator in the regions of US and Europe that is expected to drive the market for more advanced Residential Portable Generator. Growth in government budgets in the principal countries, increasing of residential fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Residential Portable Generator will drive growth in China markets.
Globally, the Residential Portable Generator industry market is low concentrated as the manufacturing technology of Residential Portable Generator is relatively matures than some high-tech equipment. And some enterprises, like Honda Power, Generac, Briggs & Stratton, Yamaha, etc. are well-known for the wonderful performance of their Residential Portable Generator and related services. At the same time, China, occupied 13.02% sales market share in 2016, is remarkable in the global Residential Portable Generator industry because of their market share and lowing cost of raw material and labor.
The consumption volume of Residential Portable Generator is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Residential Portable Generator industry may not keep that fast. But it is surely forecasted that the market of Residential Portable Generator is still promising.

According to this study, over the next five years the Residential Portable Generator market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 2020 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Residential Portable Generator business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Residential Portable Generator market by product type, application, key manufacturers and key regions and countries.

This study considers the Residential Portable Generator value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Diesel Type
Gasoline Type
Gas Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Less than 4 KW
4-8 KW
More than 8 KW

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Honda Power
Generac
Briggs & Stratton
Yamaha
KOHLER
United Power Technology
Champion
TTI
Eaton
Wacker Neuson
Honeywell
Hyundai Power
Sawafuji
Scott's
Pramac
HGI
Mi-T-M

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Residential Portable Generator consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Residential Portable Generator market by identifying its various subsegments.
Focuses on the key global Residential Portable Generator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Residential Portable Generator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Residential Portable Generator submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.