TechNavio recognizes the following companies as the key players in the Residential Portable Generator Market in the US: Briggs and Stratton Corp., Generac Holdings Inc., Honda Motor Co. Ltd., and Techtronic Industries Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends being witnessed in the Residential Portable Generator market in the US is the increased focus on eco-friendly generators. Most of the end-users are aware of the harmful effects of the exhaust fumes from portable generators. Portable generators are considered as a dangerous alternative to stationary generators because of the number of people who have died due to CO gas poisoning. In order to change the negative perception regarding the safety of the generators among the end-users, vendors are focusing on developing and manufacturing eco-friendly generators that emit less CO gas. Additionally, to differentiate the products, vendors are keen to produce energy-efficient generators which provide the same output with a lower intake of fuel.”
According to the report, one of the major drivers in the market is the frequent occurrence of natural disasters. Natural disasters such as Hurricane Sandy and Hurricane Katrina affected the power systems in many parts of the US, which increased the demand for portable generators.
Further, the report states that the major challenge in the market is the emission of poisonous exhaust gases by portable generators. The US government has issued several public notices regarding the hazard of poisonous gas emission and urged people to avoid operating portable generators in closed rooms and indoors.
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. For further information on this report, please visit https://www.technavio.com/report/residential-portable-generator-market-us…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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