Residential Portable Generators Market
Residential Portable Generators Market Size and Growth
The residential portable generators market is experiencing significant growth, driven by increased demand for backup power solutions amid frequent power outages. The market size is projected to reach approximately $1.5 billion by 2025, reflecting a robust CAGR. Key factors include rising consumer awareness and advancements in technology enhancing generator efficiency and portability.
Companies Covered
(Covid 19 Impact Covered)
◍ Briggs & Stratton
◍ Honda Power
◍ Generac
◍ Yamaha
◍ KOHLER
◍ Techtronic Industries
◍ Eaton
◍ Wacker Neuson
◍ Honeywell
◍ Hyundai Power
◍ Champion
◍ Sawafuji
◍ Scott`s
◍ Pramac
◍ HGI
◍ Mi-T-M
◍ Winco
◍ Perkins
The Residential Portable Generators Market is competitive, with key players like Briggs & Stratton, Honda Power, Generac, and Yamaha driving growth through innovation, efficient designs, and marketing. Companies invest in expanding product lines and enhancing customer service. Notable sales revenues include:
- Generac: ~$2.3 billion
- Honda Power: ~$1.5 billion
- Briggs & Stratton: ~$793 million
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Market Segmentation
By Application
Commercial Application
Household Application
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By Product
AC Generators
DC Generators
Market Growth
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$ X Billion USD
