ResearchMoz added Latest Research Report titled " Global Residential Stationary Generator Market 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 06/13/2016 -- With rapid urbanization and industrialization, the shortage of power and energy has become predominant, which has further led to the increased demand for power generators to provide uninterrupted power supply during the times of power outage. Consequently, residential users are rapidly adopting the use of stationary generators to confirm continuous supply of electricity.
Technavios market analysts expect the global residential stationary generator market to grow tremendously, posting a CAGR of close to 7% during the forecast period. Among residential users, countries such as US, China, India, and Brazil show immense growth potential for the adoption of these generators. Vendors are advancing into developing countries where the demand for these generators is witnessing a healthy growth.
Segmentation of the residential stationary generator market by product range
- Less than 60 kW
- 61 to 1,000 kW
- Above 1,000 kW
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Following the increased use of smart equipment at home, continuous supply of electricity is the most important aspect for the households. At present, the market for the generators with a capacity of 61 to 1,000 kW accounts for the majority of share with 51% due to advantages like longer run time than low power rating generators and less costly than generators with power rating more than 1000 Kw.
Geographical segmentation of the residential stationary generator market
The APAC region dominated the residential stationary generator market in 2014, accounting for a share of over 36%. Technavios research analysts expect the stationary generator market in the APAC region to witness a significant growth during the forecast period, which is driven by the increasing number of power outages and growth in the construction industry. The increasing demand will mostly emerge from countries such as India, China, Indonesia, and Philippines.
Competitive landscape and key vendors -
The residential stationary generator market is dominated by large and international vendors, however, many local and regional vendors are evolving in the market with low-cost options for residential and commercial users. Therefore, several market vendors are in the course of developing advanced generators with increased features and functionalities to sustain themselves in this competitive business environment.
The major vendors in this market are
- Briggs & Stratton
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Key questions answered in this report -
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global residential stationary generator market?
- What are the key market trends impacting the growth of the global residential stationary generator market?
- What are the challenges to market growth?
- Who are the key vendors in the global residential stationary generator market?
- What are the market opportunities and threats faced by the vendors in the global residential stationary generator market?
- Trending factors influencing the market shares of the APAC, EMEA, and the Americas.
- What are the key outcomes of the five forces analysis of the global residential stationary generator market?
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