The global market for Residential Generators was estimated to be worth US$ 4392 million in 2024 and is forecast to a readjusted size of US$ 7450 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Residential Generators cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Residential Generators contain Portable and Standby Generators. Portable generator takes major share in Residential application field. Residential Portable Generators are the most common kind of backup power solution. Versatile and easily moved, a portable generator can be used in multiple locations for several purposes. In an emergency, Residential Portable Generator can provide critical backup power. Just add fuel, start the engine, and run extension cords to your most essential items. During a power outage, Residential Portable Generator make sure the most important items-lights, refrigerators and freezers, sump pumps, even space heaters and window air conditioners-are up and running, minimizing any disruption to ones' lifestyle. Generally, a residential home standby generator set offers many features not found on portable generator sets, such as a more sophisticated control system, a fully weather-protective enclosure, significantly quieter operation, and more capacity so you can power more conveniences. It goes on automatically when you need it and shuts down automatically once main power is restored. It is connected directly to a fuel system and your home's electrical system so you won't have to fill a gas tank or manually transfer power from the utility to the home standby unit.
North America dominates the global residential generator market, accounting for approximately 74% of the total market share in 2024. This dominance is largely driven by the region's frequent exposure to extreme weather events-such as hurricanes, snowstorms, and thunderstorms-which often result in widespread power outages. Consumers in North America have a strong demand for backup power to maintain daily comfort and safety. High disposable incomes, a large proportion of single-family homes, and growing awareness of energy reliability contribute significantly to the widespread adoption of both portable and standby generators in the region.
Market Drivers
Unstable power grids and increasing blackouts due to extreme weather events have significantly driven the demand for home generators.
Frequent natural disasters have reinforced the need for residential generators as essential emergency equipment.
With the rise of smart homes, EV charging, and home-based medical devices, uninterrupted power supply has become essential.
Portable generators are also widely used in recreational activities such as camping and RV travel.
Market Restraints
The high upfront cost of standby generators can be a deterrent for many average households.
Noise and emissions from traditional fuel-powered generators face increasing regulation.
Solar panels combined with home battery storage systems are becoming a competitive alternative.
Market Outlook
The residential generator market is poised for steady growth globally. North America will retain dominance, but Asia-Pacific will emerge as the fastest-growing region. Portable units will continue to lead in volume, while standby generators will gain traction in premium segments.
This report aims to provide a comprehensive presentation of the global market for Residential Generators, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Residential Generators by region & country, by Type, and by Application.
The Residential Generators market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Generators.
Market Segmentation
By Company
- Honda Power
- Generac
- Yamaha
- LONCIN MOTOR
- Zongshen Power
- KOHLER
- Cummins Power Systems
- Champion
- TTI
- Honeywell
- Sawafuji
- United Power Technology
- Wacker Neuson
- Mi-T-M
- Hyundai Power
- Briggs & Stratton
- Kohler Energy
- Eaton
Segment by Type
- Portable Generators
- Standby Generators
Segment by Application
- Less than 4 KW
- 4- 8 KW
- 8-17 KW
- More than 17 KW
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Residential Generators manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Residential Generators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Residential Generators in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Residential Generators Product Introduction
- 1.2 Global Residential Generators Market Size Forecast
- 1.2.1 Global Residential Generators Sales Value (2020-2031)
- 1.2.2 Global Residential Generators Sales Volume (2020-2031)
- 1.2.3 Global Residential Generators Sales Price (2020-2031)
- 1.3 Residential Generators Market Trends & Drivers
- 1.3.1 Residential Generators Industry Trends
- 1.3.2 Residential Generators Market Drivers & Opportunity
- 1.3.3 Residential Generators Market Challenges
- 1.3.4 Residential Generators Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Residential Generators Players Revenue Ranking (2024)
- 2.2 Global Residential Generators Revenue by Company (2020-2025)
- 2.3 Global Residential Generators Players Sales Volume Ranking (2024)
- 2.4 Global Residential Generators Sales Volume by Company Players (2020-2025)
- 2.5 Global Residential Generators Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Residential Generators Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Residential Generators Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Residential Generators
- 2.9 Residential Generators Market Competitive Analysis
- 2.9.1 Residential Generators Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Residential Generators Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Residential Generators as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Portable Generators
- 3.1.2 Standby Generators
- 3.2 Global Residential Generators Sales Value by Type
- 3.2.1 Global Residential Generators Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Residential Generators Sales Value, by Type (2020-2031)
- 3.2.3 Global Residential Generators Sales Value, by Type (%) (2020-2031)
- 3.3 Global Residential Generators Sales Volume by Type
- 3.3.1 Global Residential Generators Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Residential Generators Sales Volume, by Type (2020-2031)
- 3.3.3 Global Residential Generators Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Residential Generators Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Less than 4 KW
- 4.1.2 4- 8 KW
- 4.1.3 8-17 KW
- 4.1.4 More than 17 KW
- 4.2 Global Residential Generators Sales Value by Application
- 4.2.1 Global Residential Generators Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Residential Generators Sales Value, by Application (2020-2031)
- 4.2.3 Global Residential Generators Sales Value, by Application (%) (2020-2031)
- 4.3 Global Residential Generators Sales Volume by Application
- 4.3.1 Global Residential Generators Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Residential Generators Sales Volume, by Application (2020-2031)
- 4.3.3 Global Residential Generators Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Residential Generators Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Residential Generators Sales Value by Region
- 5.1.1 Global Residential Generators Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Residential Generators Sales Value by Region (2020-2025)
- 5.1.3 Global Residential Generators Sales Value by Region (2026-2031)
- 5.1.4 Global Residential Generators Sales Value by Region (%), (2020-2031)
- 5.2 Global Residential Generators Sales Volume by Region
- 5.2.1 Global Residential Generators Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Residential Generators Sales Volume by Region (2020-2025)
- 5.2.3 Global Residential Generators Sales Volume by Region (2026-2031)
- 5.2.4 Global Residential Generators Sales Volume by Region (%), (2020-2031)
- 5.3 Global Residential Generators Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Residential Generators Sales Value, 2020-2031
- 5.4.2 North America Residential Generators Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Residential Generators Sales Value, 2020-2031
- 5.5.2 Europe Residential Generators Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Residential Generators Sales Value, 2020-2031
- 5.6.2 Asia Pacific Residential Generators Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Residential Generators Sales Value, 2020-2031
- 5.7.2 South America Residential Generators Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Residential Generators Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Residential Generators Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Residential Generators Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Residential Generators Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Residential Generators Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Residential Generators Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Residential Generators Sales Value, 2020-2031
- 6.3.2 United States Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Residential Generators Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Residential Generators Sales Value, 2020-2031
- 6.4.2 Europe Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Residential Generators Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Residential Generators Sales Value, 2020-2031
- 6.5.2 China Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Residential Generators Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Residential Generators Sales Value, 2020-2031
- 6.6.2 Japan Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Residential Generators Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Residential Generators Sales Value, 2020-2031
- 6.7.2 South Korea Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Residential Generators Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Residential Generators Sales Value, 2020-2031
- 6.8.2 Southeast Asia Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Residential Generators Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Residential Generators Sales Value, 2020-2031
- 6.9.2 India Residential Generators Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Residential Generators Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Honda Power
- 7.1.1 Honda Power Company Information
- 7.1.2 Honda Power Introduction and Business Overview
- 7.1.3 Honda Power Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Honda Power Residential Generators Product Offerings
- 7.1.5 Honda Power Recent Development
- 7.2 Generac
- 7.2.1 Generac Company Information
- 7.2.2 Generac Introduction and Business Overview
- 7.2.3 Generac Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Generac Residential Generators Product Offerings
- 7.2.5 Generac Recent Development
- 7.3 Yamaha
- 7.3.1 Yamaha Company Information
- 7.3.2 Yamaha Introduction and Business Overview
- 7.3.3 Yamaha Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Yamaha Residential Generators Product Offerings
- 7.3.5 Yamaha Recent Development
- 7.4 LONCIN MOTOR
- 7.4.1 LONCIN MOTOR Company Information
- 7.4.2 LONCIN MOTOR Introduction and Business Overview
- 7.4.3 LONCIN MOTOR Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 LONCIN MOTOR Residential Generators Product Offerings
- 7.4.5 LONCIN MOTOR Recent Development
- 7.5 Zongshen Power
- 7.5.1 Zongshen Power Company Information
- 7.5.2 Zongshen Power Introduction and Business Overview
- 7.5.3 Zongshen Power Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Zongshen Power Residential Generators Product Offerings
- 7.5.5 Zongshen Power Recent Development
- 7.6 KOHLER
- 7.6.1 KOHLER Company Information
- 7.6.2 KOHLER Introduction and Business Overview
- 7.6.3 KOHLER Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 KOHLER Residential Generators Product Offerings
- 7.6.5 KOHLER Recent Development
- 7.7 Cummins Power Systems
- 7.7.1 Cummins Power Systems Company Information
- 7.7.2 Cummins Power Systems Introduction and Business Overview
- 7.7.3 Cummins Power Systems Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Cummins Power Systems Residential Generators Product Offerings
- 7.7.5 Cummins Power Systems Recent Development
- 7.8 Champion
- 7.8.1 Champion Company Information
- 7.8.2 Champion Introduction and Business Overview
- 7.8.3 Champion Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Champion Residential Generators Product Offerings
- 7.8.5 Champion Recent Development
- 7.9 TTI
- 7.9.1 TTI Company Information
- 7.9.2 TTI Introduction and Business Overview
- 7.9.3 TTI Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 TTI Residential Generators Product Offerings
- 7.9.5 TTI Recent Development
- 7.10 Honeywell
- 7.10.1 Honeywell Company Information
- 7.10.2 Honeywell Introduction and Business Overview
- 7.10.3 Honeywell Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Honeywell Residential Generators Product Offerings
- 7.10.5 Honeywell Recent Development
- 7.11 Sawafuji
- 7.11.1 Sawafuji Company Information
- 7.11.2 Sawafuji Introduction and Business Overview
- 7.11.3 Sawafuji Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Sawafuji Residential Generators Product Offerings
- 7.11.5 Sawafuji Recent Development
- 7.12 United Power Technology
- 7.12.1 United Power Technology Company Information
- 7.12.2 United Power Technology Introduction and Business Overview
- 7.12.3 United Power Technology Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 United Power Technology Residential Generators Product Offerings
- 7.12.5 United Power Technology Recent Development
- 7.13 Wacker Neuson
- 7.13.1 Wacker Neuson Company Information
- 7.13.2 Wacker Neuson Introduction and Business Overview
- 7.13.3 Wacker Neuson Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Wacker Neuson Residential Generators Product Offerings
- 7.13.5 Wacker Neuson Recent Development
- 7.14 Mi-T-M
- 7.14.1 Mi-T-M Company Information
- 7.14.2 Mi-T-M Introduction and Business Overview
- 7.14.3 Mi-T-M Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Mi-T-M Residential Generators Product Offerings
- 7.14.5 Mi-T-M Recent Development
- 7.15 Hyundai Power
- 7.15.1 Hyundai Power Company Information
- 7.15.2 Hyundai Power Introduction and Business Overview
- 7.15.3 Hyundai Power Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Hyundai Power Residential Generators Product Offerings
- 7.15.5 Hyundai Power Recent Development
- 7.16 Briggs & Stratton
- 7.16.1 Briggs & Stratton Company Information
- 7.16.2 Briggs & Stratton Introduction and Business Overview
- 7.16.3 Briggs & Stratton Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Briggs & Stratton Residential Generators Product Offerings
- 7.16.5 Briggs & Stratton Recent Development
- 7.17 Kohler Energy
- 7.17.1 Kohler Energy Company Information
- 7.17.2 Kohler Energy Introduction and Business Overview
- 7.17.3 Kohler Energy Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Kohler Energy Residential Generators Product Offerings
- 7.17.5 Kohler Energy Recent Development
- 7.18 Eaton
- 7.18.1 Eaton Company Information
- 7.18.2 Eaton Introduction and Business Overview
- 7.18.3 Eaton Residential Generators Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Eaton Residential Generators Product Offerings
- 7.18.5 Eaton Recent Development
8 Industry Chain Analysis
- 8.1 Residential Generators Industrial Chain
- 8.2 Residential Generators Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Residential Generators Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Residential Generators Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer