January 2016. Wheeling, Illinois
The analysts forecast the residential stationary generator market in the US to grow at a CAGR of 4.8% over the period 2014-2019, according to the report “Residential Stationary Generator Market in the US 2015-2019” published in October, 2015.
Residential Stationary Generator Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The author of the report recognizes the following companies as the key players in the Residential Stationary Generator Market in US: Briggs & Stratton, Caterpillar, Cummins, Generac and Kohler
Other Prominent Vendors in the market are: Indeck Power Equipment, MTU Onsite Energy, Multiquip, Perkins, and Stewart & Stevenson Power Products.
According to the report, the growing need for auxiliary power sources because of frequent power outages caused by natural disasters is expected to be one of the major drivers for the growth of the market during the forecast period. Residential consumers are increasingly relying on standby generators as their auxiliary power source because of increased frequency of power outages.
Further, the report states that increased adoption of portable generators among residential users hinders the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.