Residential Generators - Global Market Trajectory & Analytics

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. We bring years of research experience to this 19th edition of our report. The 128-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• 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.