Residential Generators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

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Residential Generators Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020
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REPORT DESCRIPTION
Power failures can be a nightmare, especially for today’s digitally advanced world where almost every dayto-day activity requires the use of machines that are powered by electricity. Power failures in geographic
areas that experience extreme temperatures can also be downright dangerous. At the very least, power
outages disable heating and cooling systems, lighting, water pumps, freezers, and refrigerators. In regions
where sub-zero temperatures are a norm, power outages present the hazardous possibility of destroying
water pipes, which can freeze and burst without proper heat management of the water flowing in them.
Regions experiencing high temperatures suffer from issues such as food spoilage and lack of airconditioning systems due to untimely power outages.
Browse Full Global Domestic Generators Market Research Report With Complete TOC @
http://www.transparencymarketresearch.com/residential-generators-market.html
Electric generators, the devices that transform mechanical energy to electricity, are a way of having one’s
own tiny power-generation unit at personal disposal and solving the problem of power outages easily. By
making places blackout-proof, backup electric generators can easily eliminate the chances of long-term
power cuts.
On a global residential generators market for is constantly expanding owing to the rising need for
electricity for powering the vast variety and large numbers of electrical and electronic products commonly
available in every household these days. From computers, mobile phones, entertainment units,
refrigerators, freezers, heaters, and many other devices constantly needing electricity, and the global
population rising at an alarming rate, the demand for residential generators is also constantly rising on a
global front.
Generator Fuels: A Persistent Shift to Greener Options
Generators have been conventionally made to be compatible with a wide variety of fuels, including diesel,
gasoline, biodiesel, propane, natural gas, and hydrogen – in case of some fuel cells. However, most of the
low-cost models of residential generators use gasoline. The type of generator and choice of fuel is also
determined by how often the generator is used and the type of fuel available in nearby areas. Regions with
uninterrupted supply of natural gas through pipelines present a higher demand for natural gas-based
residential generators. While natural gas-based generators also last longer than the gasoline counterparts,
they are also in high demand as they burn cleaner.
The demand for generators based on biodiesel, the fuel made from recycled cooking oil or vegetable oil, is
also on a constant rise on the global front. Biodiesel has better lubricating properties and is safer to store
than petroleum-based diesel. Also, biodiesel-based generators are a greener choice compared to
conventional gasoline-based generators as they produce significantly less emissions.
With the constant rise in consumer awareness about the ill-effects of petroleum products on the
environment and government regulations monitoring their use becoming increasingly strict, there has
been a constant rise in demand for greener generator fuels. Numerous municipalities and businesses have
already started using biodiesel fuels to power their electric generators. The residential sector is also swiftly
heading towards the larger adoption of generators powered by greener fuels such as natural gas, biodiesel,
and biogas.
Smart Generators Alluring Tech-savvy Consumers
The trend of next-generation generators, incorporating features such as mobile control and web-based
control is also gaining increased attention in the market. With improved networking capabilities and the
concepts of Internet of Things (IoT) becoming a bigger part of our daily lives, the market for smart
generators will persistently develop in the coming years. Companies operating in the global domestic
generators market are continuously involved in research and development activities aimed at developing
smart generators with mobile monitoring features as well as attributes such as longer running times, high
fuel efficiency, clean power output, and quiet operation. Some of these companies are Pramac S.p.A.,
Multiquip Inc., Kohler Company, Generac Holdings Inc., Generac Power Systems, Eaton Corp., FK
Generators and Equipment Ltd., Champion Power Equipment, Inc., Cummins Inc., Mi-T-M Corp., TECOWestinghouse Motor Company, Honda Motor Co. Ltd., and Techtronic Industries Co. Ltd.
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Power failures can be a nightmare, especially for today’s digitally advanced world where almost every day-to-day activity requires the use of machines that are powered by electricity. Power failures in geographic areas that experience extreme temperatures can also be downright dangerous. At the very least, power outages disable heating and cooling systems, lighting, water pumps, freezers, and refrigerators. In regions where sub-zero temperatures are a norm, power outages present the hazardous possibility of destroying water pipes, which can freeze and burst without proper heat management of the water flowing in them. Regions experiencing high temperatures suffer from issues such as food spoilage and lack of air-conditioning systems due to untimely power outages. Browse Full Global Domestic Generators Market Research Report With Complete TOC @ http://www.transparencymarketresearch.com/residential-generators-market.html