FEATURED COMPANIES
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- Kohler Co.
- MTU Onsite Energy
- Siemens Corporation
Global Residential Generators Market to Reach $11.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Residential Generators estimated at US$9.4 Billion in the year 2020, is projected to reach a revised size of US$11.1 Billion by 2027, growing at a CAGR of 2.5% over the period 2020-2027.
The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 4.7% CAGR
The Residential Generators market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.
Select Competitors (Total 32 Featured):
Amid the COVID-19 crisis, the global market for Residential Generators estimated at US$9.4 Billion in the year 2020, is projected to reach a revised size of US$11.1 Billion by 2027, growing at a CAGR of 2.5% over the period 2020-2027.
The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 4.7% CAGR
The Residential Generators market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.
Select Competitors (Total 32 Featured):
- American Honda Motor Co., Inc.
- Atlas Copco AB
- Briggs and Stratton Corporation
- Caterpillar Inc.
- Champion Power Equipment, Inc.
- Cummins Inc.
- Generac Power Systems, Inc.
- Honeywell International, Inc.
- Kirloskar Electric Company Limited
- Kohler Co.,
- MTU Onsite Energy
- Rolls-Royce Power Systems AG
- Siemens Corporation
- Wacker Neuson Corporation
- Westinghouse Electric Corporation
- Wuxi Kipor Power Co. Ltd.
- Yamaha Motor Corporation
- Yanmar Co., Ltd.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- Kohler Co.
- MTU Onsite Energy
- Siemens Corporation
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Residential Generators: Enabling Accessible, Efficient, and Affordable Backup Power for the Powerless
- Recent Market Activity
- Need for Reliable and Continuous Power Supply Drive Widespread Adoption of Generators
- Global Market Outlook
- Replacement Demand to Sustain Demand for Residential Generators in Mature Developed Markets
- Asia-Pacific: Fastest Growing Residential Generators Market
- Impact of Covid-19 and a Looming Global Recession
- American Honda Motor Co., Inc. (USA)
- Atlas Copco AB (Sweden)
- Briggs and Stratton Corporation (USA)
- Caterpillar Inc. (USA)
- Champion Power Equipment, Inc. (USA)
- Cummins Inc. (USA)
- Generac Power Systems, Inc. (USA)
- Pramac S.p.A (Italy)
- Harbor Freight Tools USA, Inc. (USA)
- Harrington Generators International Ltd. (UK)
- Honeywell International Inc. (USA)
- Kirloskar Electric Company Limited (India)
- Kohler Co. (USA)
- Mi-T-M Corporation (USA)
- Multiquip Inc. (USA)
- Rolls-Royce Power Systems AG (Germany)
- MTU Onsite Energy (USA)
- Scott’s Emergency Lighting and Power Generation, Inc. (USA
- Siemens Corporation (USA)
- Westinghouse Electric Corporation (USA)
- Wuxi Kipor Power Co. Ltd. (China)
- Wacker Neuson Corporation (USA)
- Yamaha Motor Corporation (USA)
- Yanmar Co., Ltd. (Japan)
- Himoinsa (Spain)
- Growing Popularity of Automatic, Intelligent, and Smart Generators Drive Healthy Market Growth
- Advanced Technology and Connectivity Make Residential Generators Smarter
- Automatic Generators Integrated with Smart Technologies
- Gasoline-Powered, and Solar and Battery Combination Generators Gain Traction
- Frequent Power Outages Due to Aging and Heavily Burdened Electric Power Infrastructure Benefit Market Expansion
- Grid Failures Due to Natural & Man Made Disasters Also Boost Demand for Residential Generators
- List of Major Power Outages That Affected Global Power Supply for 2015 & 2016
- Slow yet Encouraging Rise in Residential Construction Activity to Sustain Growth in the Market
- Growing Investments in Smart Homes that Requires Uninterrupted Power Supply Drive Strong Business Case for Residential Generators
- Easy Portability, Low Installation & Maintenance Requirements Drive Surging Demand for PorTable Residential Generators
- Bi-Fuel Portability Aid Growth
- Market for Generators with Output Capacity Upto 20 KVA Gain Momentum
- Lower Prices and Lack of Proper Network for Gas Transportation Benefit Demand for Diesel Generators
- Longer Duration of Power Supply during Outages Spur Demand for Residential Standby Generators
- Select Innovative Residential Standby Generator Models
- Impediments in Market Growth
- Despite Lowering Prices, Cost of Operations & Maintenance Continues to Remain High
- Sputtering Economic Growth Forcing Cut in Consumer Spending
- Stringent Environmental Guidelines Hampering Growth
- Table 1: World Current & Future Analysis for Residential Generators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 2: World Historic Review for Residential Generators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- Table 3: World 15-Year Perspective for Residential Generators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
- UNITED STATES
- Table 4: USA Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 5: USA Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- CANADA
- Table 6: Canada Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 7: Canada Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- JAPAN
- Table 8: Japan Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 9: Japan Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- CHINA
- Table 10: China Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 11: China Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- EUROPE
- Table 12: Europe Current & Future Analysis for Residential Generators by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 13: Europe Historic Review for Residential Generators by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- Table 14: Europe 15-Year Perspective for Residential Generators by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
- FRANCE
- Table 15: France Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 16: France Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- GERMANY
- Table 17: Germany Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 18: Germany Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- ITALY
- Table 19: Italy Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 20: Italy Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- UNITED KINGDOM
- Table 21: UK Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 22: UK Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- SPAIN
- Table 23: Spain Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 24: Spain Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- RUSSIA
- Table 25: Russia Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 26: Russia Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- REST OF EUROPE
- Table 27: Rest of Europe Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 28: Rest of Europe Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- ASIA-PACIFIC
- Table 29: Asia-Pacific Current & Future Analysis for Residential Generators by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 30: Asia-Pacific Historic Review for Residential Generators by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- Table 31: Asia-Pacific 15-Year Perspective for Residential Generators by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
- AUSTRALIA
- Table 32: Australia Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 33: Australia Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- INDIA
- Table 34: India Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 35: India Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- SOUTH KOREA
- Table 36: South Korea Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 37: South Korea Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- REST OF ASIA-PACIFIC
- Table 38: Rest of Asia-Pacific Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 39: Rest of Asia-Pacific Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- LATIN AMERICA
- Table 40: Latin America Current & Future Analysis for Residential Generators by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 41: Latin America Historic Review for Residential Generators by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- Table 42: Latin America 15-Year Perspective for Residential Generators by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
- ARGENTINA
- Table 43: Argentina Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 44: Argentina Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- BRAZIL
- Table 45: Brazil Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 46: Brazil Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- MEXICO
- Table 47: Mexico Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 48: Mexico Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- REST OF LATIN AMERICA
- Table 49: Rest of Latin America Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 50: Rest of Latin America Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- MIDDLE EAST
- Table 51: Middle East Current & Future Analysis for Residential Generators by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 52: Middle East Historic Review for Residential Generators by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- Table 53: Middle East 15-Year Perspective for Residential Generators by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
- IRAN
- Table 54: Iran Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 55: Iran Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- ISRAEL
- Table 56: Israel Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 57: Israel Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- SAUDI ARABIA
- Table 58: Saudi Arabia Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 59: Saudi Arabia Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- UNITED ARAB EMIRATES
- Table 60: UAE Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 61: UAE Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- REST OF MIDDLE EAST
- Table 62: Rest of Middle East Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 63: Rest of Middle East Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- AFRICA
- Table 64: Africa Current & Future Analysis for Residential Generators by Segment - Residential Generators - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 65: Africa Historic Review for Residential Generators by Segment - Residential Generators Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- Total Companies Profiled: 32
Note: Product cover images may vary from those shown
- American Honda Motor Co. Inc.
- Atlas Copco AB
- Briggs and Stratton Corporation
- Caterpillar Inc.
- Champion Power Equipment, Inc.
- Cummins Inc.
- Generac Power Systems, Inc.
- Honeywell International, Inc.
- Kirloskar Electric Company Limited
- Kohler Co.
- MTU Onsite Energy
- Rolls-Royce Power Systems AG
- Siemens Corporation
- Wacker Neuson Corporation
- Westinghouse Electric Corporation
- Wuxi Kipor Power Co. Ltd.
- Yamaha Motor Corporation
- Yanmar Co. Ltd.
Note: Product cover images may vary from those shown
