DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zn2sdf/residential) has announced the addition of the "Residential Portable Generator Market In The US 2012-2016" report to their offering.
The analysts forecast the Residential Portable Generator market in the US to grow at a CAGR of 10.38 percent over the period 2012-2016. One of the key factors contributing to this market growth is the occurrence of frequent natural calamities in the US. The Residential Portable Generator market in the US has also been witnessing the increased focus on eco-friendly generators. However, the emission of poisonous exhaust gases from the portable generators could pose a challenge to the growth of this market.
The key vendors dominating this market space are Briggs and Stratton Corp., Generac Holdings Inc., Honda Motor Co. Ltd., and Techtronic Industries Co. Ltd.
Other vendors mentioned in the report are Champion Power Equipment, Inc., Cummins Inc., Eaton Corp., Kohler Co., Mi-T-M Corp., Multiquip Inc., Pramac S.p.A., Yamaha Motor Corp. and, TECO-Westinghouse Motor Company.
Commenting on the report, an analyst from the 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.
For more information visit http://www.researchandmarkets.com/research/zn2sdf/residential
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