Press Release

United States Residential Generators market is Expected to Reach USD 1,426 million USD by 2023

Date : Oct 21, 2018

New report published by Global QYResearch which offers insights on the United States Residential Generators market. The Residential Generators market has been experiencing steady growth graph since past years. The United States Residential Generators market sales value was 944 Mn USD in 2017, and it is projected to reach 1,426 Mn USD in 2023, with a CAGR (Compounded Annual Growth Rate) of 7.12% from 2017 to 2023.

This report studies the Residential Generators market status and outlook of United States and major regions, from angles of players, regions, product types and end industries; this report analyses the top players in United States and major regions, and splits the Residential Generators market by product type and applications/end industries.

 United States Residential Generators Market: Market Driver and Restraint

Increasing demand of downstream industrials, such as 4 KW, 4- 8 KW, 8-17 KW, More than 17 KW.

United States Residential Generators Market: Forecast by Type

On the basis of product, market is primarily split into –Portable Type, Standby Type. Portable Type is dominated type.

United States Residential Generators Market: Forecast by Application

Application segment consists of Less than 4 KW, 4- 8 KW, 8-17 KW, More than 17 KW. Dominated application is 4- 8 KW.

United States Residential Generators Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Residential Generators in these regions, from 2013 to 2023 (forecast), covering –West, Southwest, Middle Atlantic, New England, South, Midwest. South is the largest region. The South market is expected to expand at a robust rate of 7.57% in terms of revenue over the forecast period.

United States Residential Generators Market: Key Players

Generac, Honda Power, Briggs & Stratton, KOHLER, Yamaha, Champion, Cummins Power Systems, TTI, United Power Technology, Eaton, Honeywell, Scott's, Hyundai Power, Mi-T-M, Pramac, HGI, Wacker Neuson are the key vendors included in this report. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

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