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NEW YORK , Aug. 6, 2021 /PRNewswire/ -- The residential portable generator market in the US in the electrical components & equipment industry is poised to grow by USD 87.76 million during 2021-2025, registering a CAGR of about 8%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the position of various vendors including Briggs & Stratton Corp. (US), Caterpillar Inc. (US), Cummins Inc. (US), DuroMax Power Equipment (US), Eaton Corp. Plc (US), Generac Power Systems Inc. (US), Honda Motor Co. Ltd. (Japan ), Kohler Co. (US), Westinghouse Electric Corp. (US), and Yamaha Motor Co. Ltd. (Japan ).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Although the major power outages due to natural disasters will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Residential Portable Generator Market in US 2021-2025: Segmentation
Residential Portable Generator Market in the US is segmented as below:
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Residential Portable Generator Market in US 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the residential portable generator market in the US in the Electrical Components & Equipment industry include 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. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
The residential portable generator market in the US is fragmented, and the degree of fragmentation will accelerate. The rising demand for portable hybrid generators will offer immense growth opportunities. However, the availability of portable solar-powered generators will hamper the market growth.
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Backed with competitive intelligence and benchmarking, our research report on the residential portable generator market in the US is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Residential Portable Generator Market in US 2021-2025: Key Highlights
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ Report: www.technavio.com/report/residential-portable-generator-market-in-us-industry-analysis Newsroom: newsroom.technavio.com/news/residential-portable-generatormarket
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