Residential Portable Generator Market in US by Product and Type - Forecast and Analysis - 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR40788
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The residential portable generator market in US value is projected to grow by USD 87.76 million at a CAGR of 8.06% during 2021-2025.

This residential portable generator market in US analysis report entails exhaustive statistical qualitative and quantitative data on product (3kW-10kW, 10kW-15kW, and Below 3kW) and type (gasoline, gas, and diesel) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Residential Portable Generator Market Size in US be in 2021?

Residential-Portable-Generator-Market-In-US-Market-Size-2020-2025

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Residential Portable Generator Market in US: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the major power outages due to natural disasters are notably supporting the residential portable generator market in US growth. However, one of the foremost factors impeding market growth is availability of portable solar-powered generators. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic residential portable generator market in US report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Residential Portable Generator Market Vendors in US?

The residential portable generator market in US forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Briggs & Stratton Corp.
  • Caterpillar Inc.
  • Cummins Inc.
  • DuroMax Power Equipment
  • Eaton Corp. Plc
  • Generac Power Systems Inc.
  • Honda Motor Co. Ltd.
  • Kohler Co.
  • Westinghouse Electric Corp.
  • Yamaha Motor Co. Ltd.

 

The residential portable generator market in US analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The residential portable generator market in US is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full residential portable generator market in US statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

For insights on complete key vendor profiles, download a free sample of the residential portable generator market in US forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

What are the Revenue-generating Product Segments in the Residential Portable Generator Market in US?

Residential-Portable-Generator-Market-In-US-Market-Share-by-Product-2020-2025

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The growth residential portable generator market share in US by the 3kW-10kW segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides thorough residential portable generator market in US segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the residential portable generator market in US size.

 

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What are the Key Factors Covered in this Residential Portable Generator Market in US Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive residential portable generator market growth in US during the next five years
  • Precise estimation of the residential portable generator market size in US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the residential portable generator market in US 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of residential portable generator market vendors in US

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Residential Portable Generator Market In US Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 87.76 million

Market structure

Fragmented

YoY growth (%)

7.6

Regional analysis

US and North America

Performing market contribution

US at 56%

Key consumer countries

US and North America

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., DuroMax Power Equipment, Eaton Corp. Plc, Generac Power Systems Inc., Honda Motor Co. Ltd., Kohler Co., Westinghouse Electric Corp., and Yamaha Motor Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The residential portable generator market growth will increase by $84.07 million during 2019-2024.
The residential portable generator market is expected to grow at a CAGR of 8.45% during 2019-2024.
Technavio has segmented the residential portable generator market by product (3kW-10kW, 10kW-15kW, and Below 3kW) and geographic (US).
American Honda Motor Co. Inc., Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., DuroMax Power Equipment, Generac Holdings Inc., Kohler Co., WEN Products, Westinghouse Electric Corp., Yamaha Motor Co. Ltd. are a few of the key vendors in the residential portable generator market.
US will register the highest growth rate of NaN% among the other regions. Therefore, the residential portable generator market in US is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the residential portable generator market growth are:
  • Major power outages due to natural disasters
  • Rising demand for portable hybrid generators
The residential portable generator market vendors should focus on grabbing business opportunities from the 3kw-10kw segment as it accounted for the largest market share in the base year.
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