Residential Gas Generator Market Size, Industry Analysis Report By Type (Portable, Stationary), By Power Rating (Up To 100 Kw, More Than 100 Kw) & Region – Forecast By 2030
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 212
- CATEGORY
- Energy & Power
The Residential Gas Generator Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) over the forecast period. Machines that transform mechanical energy into electrical energy are known as generators. Mobile or portable generators and stationary generators are the two different categories of generators. Generators can be powered by a variety of fuels, including diesel, natural gas, and renewable gas. The most popular type of generators are gas ones, which are made to produce the most power possible while being highly reliable, readily available, and inexpensive to operate and maintain.
The Residential Gas Generator Market - Growth Factor
The main causes of power outages are bad weather and natural disasters. Natural weather events like lightning, rain, snow, ice, wind, floods, and severe storms are typically to blame for power outages. Such natural disasters stop the steady flow of electricity, which results in serious flaws or failures in the power grid. Residential consumers therefore rely on gas generators as a backup power source. The need for constant power and an unstable power supply have increased demand for residential gas generators. An advantage over diesel generators is the environmental friendliness of natural gas.
The Residential Gas Generator Market – Market Trends
• The Residential Gas Generator Market has undergone significant development in recent years, and it is predicted that it will expand significantly over the coming years.
• An engine that burns fossil fuels and an electrical genset are combined to form a generator. One of the least expensive and most dependable sources of backup power is a genset.
• Setting up a power genset is easy, and the tasks are practical. Consequently, it is anticipated that they will be used in applications such as telecom, residential, oil & gas, and hospitals.
• When compared to power generators, the alternative emergency power supplies available include solar energy panel boards and inverters; however, their operating costs are lower.
The Residential Gas Generator Market – Segmentation
The Residential Gas Generator Market fragrance concentrates market has been sub-classified into type, power rating.
On the basis of type, the Residential Gas Generator Market is bifurcated into:
• Portable
• Stationary
• others
On the basis of power rating, the market is segmented into:
• Up to 100 kW
• More than 100 kW
• others
The Residential Gas Generator Market –Regional Analysis
North America dominated the global Residential Gas Generator Market, due to the EPA's strict emission regulations, the residential gas generator market is expected to significantly contribute during the forecast period.
The Residential Gas Generator Market – Key Market players
Global key players of Residential Gas Generator Market include Cummins Inc., Caterpillar Inc., Aggreko PLC, Kirloskar Electric Co. Ltd., Himoinsa S.L., and F.G.Wilson Inc., and others.
Report scope
Global Residential Gas Generator Market: Historical Years- 2018-2021
Global Residential Gas Generator Market: Forecast Years- 2022-2030
1. Global Residential Gas Generator Market Introduction and Market
Overview
1.1.
Objectives of the Study
1.2.
Global Residential Gas
Generator Market Scope and Market Estimation
1.2.1.Global Residential
Gas Generator Overall Market Size, Revenue (US$ Mn) and Volume (Units), Market
CAGR (%), Market forecast (2023 - 2030)
1.2.2.Global Residential
Gas Generator Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2030
1.3.
Market Segmentation
1.3.1.Type of
Global Residential Gas Generator Market
1.3.2.Power
Rating of Global Residential Gas Generator Market
1.3.3.Region
of Global Residential Gas Generator Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Residential Gas
Generator Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Residential Gas Generator Market Application
Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward Integration
& Backward Integration of Key Stakeholders
3.4. Global Residential Gas
Generator Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat
of Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Residential Gas Generator Market
3.8. Impact of Economic
Downturn on Residential Gas Generator Market
3.9. Residential Gas Generator Production
Capacity, by Major Countries
3.10. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Residential Gas
Generator Market Estimates & Forecast Trend Analysis, by Type
4.1.
Global Residential Gas
Generator Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts,
by Type, 2019 to 2030
4.1.1.Portable
4.1.2.Stationary
4.1.3.Others
5. Global Residential Gas
Generator Market Estimates & Forecast Trend Analysis, by Power Rating
5.1.
Global Residential Gas
Generator Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts,
by Power Rating, 2019 to 2030
5.1.1.Up to
100 kW
5.1.2.More
than 100 kW
5.1.3.Others
6. Global Residential Gas
Generator Market Estimates & Forecast Trend Analysis, by Region
6.1.
Global Residential Gas
Generator Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts,
by Region, 2019 to 2030
6.1.1.North
America
6.1.2.Europe
6.1.3.Asia
Pacific
6.1.4.Middle East & Africa
6.1.5.South
America
7. North America Residential Gas Generator Market: Estimates & Forecast Trend Analysis
7.1. North America Residential Gas Generator Market Assessments & Key
Findings
7.1.1.Residential
Gas Generator Market Introduction
7.1.2.Residential
Gas Generator Market Size Estimates and Forecast (US$ Million & Units) (2019
– 2030)
7.1.2.1.
By Type
7.1.2.2.
By Power Rating
7.1.2.3.
By Country
7.1.2.3.1.
The U.S.
7.1.2.3.2.
Canada
7.1.2.3.3.
Mexico
8. Europe Residential Gas Generator Market: Estimates & Forecast Trend Analysis
8.1.
Europe Residential Gas
Generator Market Assessments & Key Findings
8.1.1.Residential
Gas Generator Market Introduction
8.1.2.Residential
Gas Generator Market Size Estimates and Forecast (US$ Million & Units) (2019
– 2030)
8.1.2.1.
By Type
8.1.2.2.
By Power Rating
8.1.2.3.
By Country
8.1.2.3.1.
Italy
8.1.2.3.2.
Germany
8.1.2.3.3.
U.K.
8.1.2.3.4.
France
8.1.2.3.5.
Spain
8.1.2.3.6.
Rest of Europe
9. Asia Pacific Residential Gas Generator Market: Estimates & Forecast Trend Analysis
9.1.
Asia Pacific Market Assessments
& Key Findings
9.1.1.Residential
Gas Generator Market Introduction
9.1.2.Residential
Gas Generator Market Size and Volume Estimates and Forecast (US$ Million & Units)
(2019 – 2030)
9.1.2.1.
By Type
9.1.2.2.
By Power Rating
9.1.2.3.
By Country
9.1.2.3.1.
China
9.1.2.3.2.
Japan
9.1.2.3.3.
India
9.1.2.3.4.
Australia
9.1.2.3.5.
South Korea
9.1.2.3.6.
ASEAN
9.1.2.3.7.
Rest of Asia Pacific
10. Middle East & Africa Residential Gas Generator Market: Estimates & Forecast Trend Analysis
10.1. Middle East & Africa Market Assessments & Key Findings
10.1.1.
Residential Gas Generator
Market Introduction
10.1.2.
Residential Gas Generator
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2030)
10.1.2.1.
By Type
10.1.2.2.
By Power Rating
10.1.2.3.
By Country
10.1.2.3.1. U.A.E.
10.1.2.3.2. Saudi Arabia
10.1.2.3.3. Egypt
10.1.2.3.4. South Africa
10.1.2.3.5. Rest of Middle East & Africa
11. South America Residential Gas Generator Market: Estimates & Forecast Trend Analysis
11.1. South America Market Assessments & Key Findings
11.1.1.
Residential Gas Generator
Market Introduction
11.1.2.
Residential Gas Generator
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2030)
11.1.2.1.
By Type
11.1.2.2.
By Power Rating
11.1.2.3.
By Country
11.1.2.3.1. Brazil
11.1.2.3.2. Argentina
11.1.2.3.3. Colombia
11.1.2.3.4. Rest of South America
12.
Competition Landscape
12.1. Residential Gas Generator Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
12.2. Residential Gas Generator Market Competition White Space Analysis,
By End-user
12.3. Residential Gas Generator Market Competition Regional Intensity Map
Analysis, By Geographies Served
12.4. Residential Gas Generator Market Concentration & Company Market
Shares (%) Analysis, 2022
13.
Company Profiles
13.1.Cummins Inc
13.1.1.
Company Overview & Key
Stats
13.1.2.
Financial Performance &
KPIs
13.1.3.
Product Portfolio
13.1.4.
Business Strategy & Recent
Developments
* Similar details would be provided for all the players
mentioned below
13.2.Caterpillar Inc.,
13.3.Aggreko PLC,
13.4.Kirloskar Electric Co. Ltd.,
13.5.Himoinsa S.L.,
13.6.F.G.Wilson Inc
13.7.Others**
14.
Research Methodology
14.1.
External Power
Outputs / Databases
14.2.
Internal
Proprietary Database
14.3.
Primary
Research
14.4.
Secondary
Research
14.5.
Assumptions
14.6.
Limitations
14.7.
Report
FAQs
15.
Research Findings & Conclusion
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Frequently Asked Questions
What are the drivers shaping various markets?
The adoption of residential gas generators is also likely to be fuelled by ongoing developments in gas generator production and design, as well as the falling price of natural gas.
Who are the key competitors of market Players?
Some of the major players operating within the market are Cummins Inc., Caterpillar Inc., Aggreko PLC, Kirloskar Electric Co. Ltd., Himoinsa S.L., and F.G.Wilson Inc., and others.
What are the top performing segments, and countries / regions of each of the markets?
North America dominated the global Residential Gas Generator Market
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