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Global Residential Stationary Generator Market 2015-2019

Global Residential Stationary Generator Market 2015-2019

Market outlook of the global residential stationary generator market

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.

Technavio’s 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

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

Americas

EMEA

APAC

The APAC region dominated the residential stationary generator market in 2014, accounting for a share of over 36%. Technavio’s 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

Caterpillar

Cummins

Generac

KohlerOther prominent vendors included in this report are APR Energy, Broadcrown, Dresser-Rand, F.G. Wilson, Himoinsa, Kirloskar Oil Engines, Mitsubishi Heavy Industries, MQ Power, MTU Onsite Energy, Perkins, Pramac, Wacker Neuson, Wuxi Kipor Power, Wartsila, and Yanmar.

Key questions answered in the report include

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?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Stationary Gas Generator Market 2015-2019

Global Residential Portable Generator Market 2015-2019

Global Residential Diesel Portable Generator Market 2015-2019

Residential Portable Generator Market in the US 2015-2019

Global Residential Diesel Portable Generator Market 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Residential Stationary Generator Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Residential Stationary Generator Market: Briggs & Stratton, Caterpillar, Cummins, Generac and Kohler

Other Prominent Vendors in the market are: APR Energy, Broadcrown, Dresser-Rand, F.G. Wilson, Himoinsa, Kirloskar Oil Engines, Mitsubishi Heavy Industries, MQ Power, MTU Onsite Energy, Perkins, Pramac, Wacker Neuson, Wuxi Kipor Power, Wartsila, and Yanmar.

Commenting on the report, an analyst from Technavio’s team said: “There has been an increasing focus on the implementation of advanced services which includes system performance and energy efficiency. Several market vendors are in the process of developing advanced generators with increased features and functionalities in order to sustain themselves in this competitive business environment.”

According to the report, growing need for auxiliary power sources because of frequent power outages caused by natural disasters is expected to be one of the major drivers for the growth of the market during the forecast period. Power outages have become more frequent worldwide because of the prevalence of natural disasters such as earthquakes, storms, and floods.

Further, the report states that the governments in many countries have passed stringent regulations and guidelines on environmental conservation. These regulations have a negative impact on the growth of the global residential stationary generator market since vendors are required to comply with these regulations.

Companies Mentioned

Briggs & Stratton, Caterpillar, Cummins, Generac, Kohler, APR Energy, Broadcrown, Dresser-Rand, F.G. Wilson, Himoinsa, Kirloskar Oil Engines, Mitsubishi Heavy Industries, MQ Power, MTU Onsite Energy, Perkins, Pramac, Wacker Neuson, Wuxi Kipor Power, Wartsila, Yanmar.

  • Executive Summary
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Generator assembly
    • Generators based on portability
    • Fuel source
  • Market landscape
    • Market overview
      • Table Residential stationary generator market
    • Market size and forecast
      • Table Global residential stationary generator market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Bargaining power of suppliers
      • Table Bargaining power of buyers
      • Table Threat of new entrants
      • Table Threat of substitutes
      • Table Threat of rivalry
  • Market segmentation by product range
    • Residential stationary generator market by product range 2014
      • Table Global residential stationary generator market by product range 2014
      • Table Global residential stationary generator market by product range 2014-2019
    • Global residential stationary generator market for less than 60 kW
      • Table Global residential stationary generator market for less than 60 kW ($ billions)
    • Global residential stationary generator market for 61 to 1,000 kW
      • Table Global residential stationary generator market for 61 to 1,000 kW ($ billions)
    • Global residential stationary generator market for above 1,000 kW
      • Table Global residential stationary generator market for above 1,000 kW ($ billions)
  • Geographical segmentation
    • Global residential stationary generator market by geographical segmentation 2014-2019
      • Table Global residential stationary generator market by geographical segmentation 2014 and 2019
      • Table Global residential stationary generator market by geographical segmentation 2014-2019
    • Residential stationary generator market in APAC
      • Table Residential stationary generator market in APAC 2014-2019 ($ billions)
    • Residential stationary generator market in EMEA
      • Table Residential stationary generator market in EMEA 2014-2019 ($ billions)
    • Residential stationary generator market in Americas
      • Table Residential stationary generator market in Americas 2014-2019 ($ billions)
  • Market drivers
    • Natural disasters causing major power blackouts
    • Reliance of data centers and IT industry on standby power backup
      • Table Global data center market 2014-2019 ($ billions)
    • Growth in construction industry in APAC
      • Table Construction spending by sector in Asia 2013 (%)
      • Table Construction spending and spending growth rate by country ($ billion and % per annum)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Replacement of generators with alternative energy sources
    • Stringent emission regulations for generators
    • Increasing adoption of gas generators by industrial users
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of advanced devices and improvement in system performance
    • Increased focus on mergers and acquisitions
    • Advances in technology in diesel generator sets
  • Vendor landscape
    • Competitive scenario
      • Table Key mergers and acquisitions
    • Other prominent vendors
  • Key vendor analysis
    • Briggs and Stratton
    • Caterpillar
      • Table Caterpillar: Business segmentation by revenue 2014
      • Table Caterpillar: Business segmentation by revenue 2013 and 2014
      • Table Caterpillar: Geographical segmentation by revenue 2014
    • Cummins Power Systems
    • Generac Power Systems
    • Kohler
  • Appendix
    • List of abbreviations
  • Explore Technavio

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