The market report aims to provide an overview of the industry through detailed market segmentation. Moreover, the report also offers thorough information regarding the overview and scope of the market, along with the key drivers, restraints, and emerging trends in the market. It is designed to include both quantitative and qualitative aspects of the industry for each region and country participating in the study.
Key Players in the Residential Gas Generator Market include:
Kirloskar Electric Company, Briggs & Stratton Corporation, Cummins Inc., Kohler Co., Atlas Copco AB, Aggreko Plc, Caterpillar Inc., Himoinsa S.L., Generac Power Systems, Inc., and Perfect Gas Generator, among other.
Key Drivers of the Residential Gas Generator Market:
The increasing awareness related to the natural gas as a clean and reliable fuel, reducing natural gas fuel prices, and the rising concern towards high-pollution emission risk are the key drivers that are responsible for the growth of the residential gas generator market size. In addition to this, the rising population, accelerating demand for electricity, along with the high dependency on electric based home appliances such as refrigerators, television, microwave, cell phones, washing machines, lights, cameras, home security systems, among others, are further surging the market growth.
There is an upsurge in demand for gas generators in the residential sector driven by the remarkable benefits offered by gas generators, such as cost efficiency, higher shelf life as compared to the gasoline generators, and operational efficiency. Numerous organizations are emphasizing on developing advanced gas generators with improved features, such as automatic operation, delivery of power through the home’s electrical panel, and remote monitoring of generator from anywhere using a smartphone, tablet, or PC. The combination of all these factors will further energize the market growth. As per the residential gas generator market report, the lack of gas grid connectivity via pipeline and the presence of alternatives, including gasoline generators are likely to hamper the market growth.
Segmentation of the Residential Gas Generator Market:
The market report offers future growth drivers and competitive landscape. This will be beneficial for buyers of the market report to gain a clear view of the important growth and subsequent market strategy.
On the basis of Power Rating:
- Below 100 kVA
- 100-350 kVA
- 350-1000 kVA
- Above 1000 kVA
On the basis of Region:
- North America
- United States of America
- Asia Pacific
- Rest of APAC
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
- Rest of the world (remaining countries of the LAMEA region)
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