The Global Residential Generators Market is expected to grow at a CAGR of XX% from 2021-2027 to reach USD XX billion by 2027.
A comprehensive overview of the Global Residential Generators Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Residential Generators Market in the Global context. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the Global Residential Generators Market at the regional & country levels. The Global Residential Generators Market is expected to grow at a CAGR of XX% from 2021-2027 to reach USD XX billion by 2027.
Request Sample Copy of this Report @ https://univdatos.com/get-a-free-sample-form-php/?product_id=10182
Market Overview
Aging grid infrastructure is more vulnerable to power outages as electricity transmission and distribution infrastructure acts as a major backbone of the utility sector in any country/region. Growing number of power outages due to aging power infrastructure and environmental and external factor are the major factor driving the demand for power backup system for households. OEMs around the world are offering hybrid generators that are essentially internal combustion engines combined with a battery. Generators can be rented from 1 day to 4 weeks. Portable generator rental in the United States usually costs US$59-$76 for 1 day and US$185-$248 for a week on average.
COVID-19 Impact
Total demand for grid electricity in India between 25 March and 24 April in 2020 sharply decreased by around 25% compared to the demand for the same period in 2019.21 In the Philippines, electricity consumption dropped by around 30% during the country-wide enhanced community quarantine between 15 March to 16 May 2020. In Indonesia, the state electricity corporation Perusahaan Listrik Negara (PLN) has reported 15% reduction in electricity demand in 2020.
Global Residential Generators Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Type, the market is primarily bifurcated into:
· Stationary
· Portable
Based on type, standalone segment dominated the market. The segment generated revenue of US$ XX million in 2020. However, owing to growing disposable income and availability of low-cost portable generators for residential use would propel the growth of portable residential generators market during the forecast period.
By Fuel Type, the market is primarily studied into:
· Gasoline
· Diesel
· Others
Based on fuel type, Diesel residential generator dominates the market. The segment generated revenue of US$ XX million in 2020 and is expected to grow at a CAGR of XX% during the analyzed period. However, owing to government focus on using alternative fuel sources gasoline and other fuel operated residential generators are expected to witness high growth during the analyzed period.
By Power Rating, the market is primarily studied into:
· Less than 4 KW
· 4-8 KW
· 8-17 KW
· More than 17 KW
Based on power rating, the market is bifurcated into Less than 4 KW, 4-8 KW, 8-17 KW, More than 17 KW. In 2020, 4 KW, 4-8 KW segment dominated the market and is expected to maintain its dominance during the forecast period.
Global Residential Generators Market Region Segmentation Includes:
· North America
· Europe
· Asia Pacific
· Rest of World
Based on the estimation, North America dominated the market in 2020 and is expected to maintain its dominance during the forecast period (2021-2027).
Ask for Report Customization @ https://univdatos.com/get-a-free-sample-form-php/?product_id=10182
The major players targeting the market includes:
· Cummins Inc.
· Eaton Corporation PLC
· Atlas Copco AB
· Briggs & Stratton Corporation
· Caterpillar Inc.
· Generac Holdings Inc.
· Honda Motor Co Ltd
· Kohler Co.
· Champion Power Equipment, Inc.
· Honeywell International, Inc.
Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating in the Global context. The specialist team of research analysts sheds light on various traits such as Global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Global Residential Generators Market. The major players have been analyzed using different research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and technological advancements in the Global Residential Generators Market?
· Which factors are influencing the Global Residential Generators Market over the forecast period?
· What are the global challenges, threats, and risks in the Global Residential Generators Market?
· Which factors are propelling and restraining the Global Residential Generators Market?
· What are the demanding global regions of the Residential Generators Market?
· What will be the market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by the companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature. Please let us know If you have any custom needs.
For more informative information, please visit us @ https://univdatos.com/report/residential-generators-market/
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL RESIDENTIAL GENERATORS MARKET COVID-19 IMPACT
6 GLOBAL RESIDENTIAL GENERATORS MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY TYPE
8 MARKET INSIGHTS BY FUEL TYPE
9 MARKET INSIGHTS BY POWER RATING
10 MARKET INSIGHTS BY REGION
11 RESIDENTIAL GENERATORS MARKET DYNAMICS
12 RESIDENTIAL GENERATORS MARKET OPPORTUNITIES
13 RESIDENTIAL GENERATORS MARKET TRENDS
14 LEGAL & REGULATORY FRAMEWORK
15 DEMAND AND SUPPLY SIDE ANALYSIS
16 VALUE CHAIN ANALYSIS
17 COMPETITIVE SCENARIO
18 COMPANY PROFILED
19 DISCLAIMER
About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
Contact Us-
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
