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Global Residential Gas Generator Market 2019-2023

Global Residential Gas Generator Market 2019-2023

About this market

Natural calamities and bad weather are a few of the foremost reasons for power outages. In general, power failures are caused by natural weather phenomena such as lightning, rain, snow, ice, wind, and dust. However, during natural calamities such as floods and severe storms, preventing a major power failure becomes challenging. Such types of natural disasters disrupt the continuous power supply, which causes major faults or breakdowns in the power grid. Therefore, residential consumers rely on gas generators as their auxiliary power source. The continuous power requirement and the unreliable power supply situation have spurred the demand for residential gas generators. Technavio’s analysts have predicted that the residential gas generator market will register a CAGR of more than 9% by 2023.

Market Overview

Growth of residential construction sector in US

The use of electrical appliances has increased with the growing number of residential units resulting in an increase in electricity usage. The need for power backup is becoming essential with the rise in residential construction. Many residential users are adopting portable gas generators, which offer safety, mobility and comfort. The effective and reliable operations of portable gas generators cater to the backup power requirements of users during power outages and reduce the need to install large standby generators.

Availability of alternative

The additional overhead costs related to maintenance, fuel, equipment, storage, facilities, and emission regulations have accelerated the demand for alternative backup solutions. For residential consumers, solutions that use battery power packs or inverter technology are cost-effective and more environment-friendly than generators. Therefore, power packs are ideal for residential applications and are expected to pose a challenge to the global residential gas generator market.

For the detailed list of factors that will drive and challenge the growth of the residential gas generator market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global generator market
      • Table Segments of global generator market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Stationary - Market size and forecast 2018-2023
      • Table Stationary - Market size and forecast 2018-2023 ($ millions)
      • Table Stationary - Year-over-year growth 2019-2023 (%)
    • Portable - Market size and forecast 2018-2023
      • Table Portable - Market size and forecast 2018-2023 ($ millions)
      • Table Portable - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Housing units under construction in the US (Units in thousands)
    • Market challenges
      • Table LNG import prices in the US, EU, and Japan and Korea 2009-2017 ($/million BTU)
      • Table Benefits of solar-powered generators
      • Table Impact of drivers and challenges
  • Market trends
    • Emergence of Bluetooth-enabled portable generators
    • Emerging technologies for electricity generation
    • Increasing adoption of rental model
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Briggs & Stratton Corporation
      • Table Briggs & Stratton Corporation - Vendor overview
      • Table Briggs & Stratton Corporation - Business segments
      • Table Briggs & Stratton Corporation - Organizational developments
      • Table Briggs & Stratton Corporation - Geographic focus
      • Table Briggs & Stratton Corporation - Segment focus
      • Table Briggs & Stratton Corporation - Key offerings
    • Caterpillar
      • Table Caterpillar - Vendor overview
      • Table Caterpillar - Business segments
      • Table Caterpillar - Organizational developments
      • Table Caterpillar - Geographic focus
      • Table Caterpillar - Segment focus
      • Table Caterpillar - Key offerings
    • Cummins Inc.
      • Table Cummins Inc. - Vendor overview
      • Table Cummins Inc. - Business segments
      • Table Cummins Inc. - Organizational developments
      • Table Cummins Inc. - Geographic focus
      • Table Cummins Inc. - Segment focus
      • Table Cummins Inc. - Key offerings
    • Generac Power Systems
      • Table Generac Power Systems - Vendor overview
      • Table Generac Power Systems - Business segments
      • Table Generac Power Systems - Organizational developments
      • Table Generac Power Systems - Segment focus
      • Table Generac Power Systems - Key offerings
    • Kohler Co.
      • Table Kohler Co. - Vendor overview
      • Table Kohler Co. - Organizational developments
      • Table Kohler Co. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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