Electricity is a basic necessity and is critical for the safety, comfort and convenience of modern households. Widespread use of electronics and information and communications technologies for entertainment and work by residential users has further increased the dependence on electricity. Homes reliant upon grid electricity often experience power failures due to disruptions caused by supply shortages, equipment failure or weather related outages. Residential users are increasingly investing in back-up or standby power generators to provide electricity during such events.
Driven by population and income growth, increasing urbanization and electrification and an increasing dependence on electrical appliances and devices, global residential electric consumption continues to grow. Further, residential demand for electricity in developing nations has grown by over 40% since 2000. However, the generation and supply of electricity in many of these nations has not kept pace. More than eighty countries around the world, including major economies such as India and China, are currently experiencing significant, long-term energy shortages.
In 2009, nearly 9.3 million generators were sold globally for residential applications. Supported by a recovery in the global economy, worldwide residential engine-generator unit sales are expected to grow by 7% per year to nearly 13 million units in 2014. Concurrently, the U.S. market for residential gensets is expected to continue to benefit from consumer desire to insure against utility power failure resulting from an aging infrastructure and increasing climate-related events and approach $1.2 billion in 2014.
Residential Generators, 2nd Edition - U.S. Market and World Data includes a broad review of the global market for residential generators. The report provides a discussion of residential generator products and technologies as well as technologies which compete with traditional combustion engine-driven gensets. Global market demand for residential generators is quantified and projections for growth in demand are provided, along with the key factors influencing this growth. The report also provides profiles of 10 residential generator manufacturers.
The information in Residential Generators, 2nd Edition - U.S. Market and World Data is based on primary and secondary research. Primary research entailed interviews with firms involved in the manufacture, distribution and sales of generator products, analysts, and consultants to the energy industry to obtain insight into the products, technologies and market factors shaping the industry. Secondary research entailed data gathering from relevant sources, including government and industry publications, company literature and corporate annual reports.
What You’ll Get in This Report
Residential Generators, 2nd Edition - U.S. Market and World Data contains important insights and projections regarding the future of this market around the world. Subscribers will benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.
How You’ll Benefit from This Report
If your company is already doing business in the market for on-site residential power generation, or is considering entering the marketplace, you will find this report invaluable. It provides a comprehensive package of information and insight not offered in any other single source. You will gain a thorough understanding of the current global market for residential engine-generator products and technologies, as well as projected market demand and trends through 2014.
This report will help:
Related Reports:Global and Regional Markets for Carbon Capture and Sequestration (CCS) Infrastructure and Equipment
Aug 29, 2013 - SB5104636 - $3,960.00
Global Market for Incinerator Technologies
Mar 29, 2013 - SB4910227 - $3,960.00
Fuel Cell Technologies Worldwide
Mar 18, 2013 - SB4910226 - $3,960.00
The Global Market for Commercial Generators
Mar 1, 2013 - SB4869592 - $3,960.00
World Biofuels Market
Feb 25, 2013 - SB4869591 - $3,960.00
LED and OLED Global Markets, 2nd Edition
Jan 9, 2013 - SB4869593 - $3,960.00
Energy Efficiency Global Products and Services Markets
Dec 3, 2012 - SB4917443 - $3,960.00
HVAC, 3rd Edition
Nov 30, 2012 - SB4917404 - $3,960.00
Sbi Bulletin: Home Energy Management Systems (Hems)
Nov 19, 2012 - SB4916867 - $400.00
Intelligent Transportation Systems Markets, 2006-2020
Nov 1, 2012 - SB4899821 - $795.00
Questions?Contact a research specialist >