Residential Portable Generator Market in US | Growth and Analysis
Trends, Drivers and Vendor Forecasts for 2021-2025

Residential portable generator market in US is set to post an incremental growth of $ 87.76 million during 2021-2025. The market will progress at a CAGR of about 8% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.

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Residential Portable Generator Market in US: Market Segments and Key Trends

The research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth. The market is segmented by Product (3kW-10kW, 10kW-15kW, and Below 3kW) and Type (Gasoline, Gas, and Diesel). Growth by the 3kW-10kW segment has been significant and is expected to offer further growth opportunities during the forecast period. 56% of the market growth will originate from US during the forecast period. However, availability of portable solar-powered generators is one of the challenges that will need to be overcome to drive growth.

Residential Portable Generator Market in US: Top Drivers to Boost Demand

One of the primary factors that will drive market growth is the major power outages due to natural disasters. The residential portable generator market in US report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.

Vendor Analysis: Briggs & Stratton Corp., Caterpillar Inc. and Cummins Inc. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants.

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Residential Portable Generator Market in US: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive residential portable generator market in US growth during the next five years
• Precise estimation of the residential portable generator market in US size 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 industry across US and North America
• 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 in US vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of about 8%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 87.76 million through 2021-2025.
    
3. What is a key factor driving this market?
   Major power outages due to natural disasters will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   US and North America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   56% growth will originate from US
    
6. Who are the leading market vendors?
   The leading vendors in this market are 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.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (3kW-10kW, 10kW-15kW, and Below 3kW) and Type (Gasoline, Gas, and Diesel)