Gasoline Generator Market

Gasoline Generator Market is Estimated to be Valued at billion dollars by the 2017- 2027
The global gasoline generator market accounted for almost 4% of the global generator
market in 2016 making its study critical. Future Market Insights in its recent report
‘Gasoline Generator Market: Global Industry Analysis 2012– 2016 and Opportunity
Assessment 2017–2027’ has done exactly that and the prospects for key stakeholders in
the global gasoline generator market seem bright indeed. The gasoline generator market
is anticipated to record a CAGR of 3.7% for the period 2017- 2027 and approach a billion
dollars in value by the end of the forecast period.
The global gasoline generator market is essentially the portable generator market as the
latter has a market share of more than 97%. Portable generators will nonetheless gain 30
BPS by 2027 and it would not be surprising if major players decided to overlook stationary
generators entirely. More than 610,000 portable generator units were sold in 2016 alone
as portable generators are perfect for a number of end users in the commercial, industrial,
and residential sectors.
The 1 to 3 KW segment is poised to dominate the gasoline generator market in terms of
power output throughout the duration of the forecast period. The 1 to 3 KW generators are
on track to be worth more than US$ 520 million by end 2027, making it larger than all other
generators combined in the gasoline generator market. 1 to 3 KW generators are mainly
utilized in the commercial and residential sector. A rising population coupled with greater
affluence and increased power outages should boost the demand for these generators.
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The standby backup power segment is far more critical than continuous power in the
gasoline generator market. Standby backup power has a market attractiveness index of
5.0 and this is estimated to continue for the foreseeable future. Global grids are unable to
keep up with the surging demand for power leading to frequent cases of rolling blackouts,
especially in emerging economies. Furthermore, new backup power generators loaded
with features such as wireless monitors and remote monitoring systems are entering the
gasoline generator market, encouraging adoption.
Gasoline generators are preferred by residential users over diesel generators because of
their lower comparative cost. In addition to this, gasoline generators are compact and air
cooled, both of which are particularly desired by residential end users in the gasoline
generator market. The residential end use segment is projected to record the highest
CAGR of 3.9% by value from 2017 to 2027 in the gasoline generator market.
North America accounts for more than 1/3rd share of the global gasoline generator market
in 2017 and is unlikely to cede this strong position to APEJ anytime soon. An incremental
dollar opportunity of more than US$ 110 million exists in North America between 2017 and
2027 that can be mainly attributed to non-residential construction activities in the U.S.,
supported by large infrastructural investments.
The companies profiled in the gasoline generator market report are Kohler Co., Honda
Motor Co. Ltd., Generac Power Systems, Yamaha Motor Co., SGS Engineering, Hyundai
Power Equipment, Stephill Generators Ltd., Champion Power Equipment, Stanley Black &
Decker, Techtronic Industries, Briggs & Stratton Corporation, WEN Products, Lifan Power
USA, A-iPower, Westinghouse Electric Corporation, Honeywell International Inc., Zhejiang
Wanhao Machine Science and Technology Co. and Nidec Corporation.
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Companies have to optimise their value chain to enhance and strengthen their presence in
the global gasoline generator market. Innovation is critical as the gasoline generator
market is brutally competitive with smaller players struggling to make their mark. Noise
and weight reduction in portable gasoline generators can be a game-changer along with
developing products that are cost-effective. All these factors will further the penetration of
gasoline generators in the residential sector of the gasoline generator market.

Future Market Insights has announced the addition of the “Digital Breast Tomosynthesis (DBT) Equipment Market: Global Gasoline Generator Market is Estimated to be Valued at billion dollars by the 2017- 2027 " report to their offering.

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