Global Household Generators Market Overview:
In today’s technology-driven era, people use an array of appliances, machines, and gadgets in their households to simplify lives. From coffee machines, blenders, washing machines to laptops, AC, TV, water purifiers, etc., all types of equipment run on electricity. The household generators are capable of powering all the major appliances used in a household. These generators run on petrol, diesel, kerosene and other fuels. So, one should decide on the type of generator that they would want in their house. Normally, the portable generators which run on diesel are suitable for home use. The wattage necessity of a home or small shop is generally below 5000 watts. Some of the key players profiled in the study are Generac Power Systems (United States), Honda Power (United States), Eaton Corporation (Ireland), Honeywell (United States), Wacker Neuson (Germany), Briggs & Stratton (United States), Yamaha Motor Corporation (United States), Hyundai Power Equipment (United Kingdom), Cummins Power Systems (United States) and United Power Technology AG (Germany).
On the basis of geography, the market of Household Generators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Household Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power Output, the sub-segment i.e. Less Than 4 KW will boost the Household Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Diesel will boost the Household Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Need for Power Backup Facility
- Increasing Demand for Low-Cost and Diesel-Fueled Generators
- Rising Preference for Natural Gas-Fueled Generators
- Limited Period of Power Output
- Rising Awareness of Portable Generators among End Users
- Concerns Regarding Carbon Emissions from Diesel Generators
On March 13, 2019 - Generac Holdings Inc., a global leader in the design and manufacture of a wide range of residential, commercial and industrial power products, announced the signing and closing of a purchase agreement to acquire Neurio Technology Inc.
The Resource Conservation and Recovery Act (RCRA) regulations establish basic hazardous waste management standards for persons who produce hazardous waste, called hazardous waste generators. The generator regulations ensure that hazardous waste is appropriately identified and handled safely to protect human health and the environment while minimizing interference with daily business operations.
Target Audience:Manufacturers of Household Generator, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Household Generator, Governmental Bodies and Research Firms
Major Objectives Focused through this Study To define, describe, and forecast the Global Household Generators market on the basis of product [Portable and Standby] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Household Generators market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Household Generators industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Champion Power Equipment (United States), Mi-T-M (United States), Pramac (Italy) and HGI Generators (United Kingdom).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Household Generators market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.