ReportsnReports.com adds report Global Residential Gas Generator Market 2014-2018 to its store.Residential Gas Generator market to grow at a CAGR of 9.55 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing dependence on electronic goods .The Residential Gas Generator market has also been witnessing the emergence of next-generation gas generators. However, the need to comply with emission regulations could pose a challenge to the growth of this market.
To remain sustainable in the competitive business environment, several market vendors are developing advanced gas generators with increased features and functionalities. For instance, a few vendors are developing generators with comprehensive control and monitoring systems that improve the overall efficiency of generators. Also, the next-generation gas generators are more environmentally friendly, as they include technologies such as electronic governors and automatic voltage regulation. These technologies help to control the speed of the generator engines automatically, thus making them more energy efficient. Moreover, some of the smart generators are incorporated with an additional feature that allows them to be monitored through the internet. Therefore, the emergence of next-generation generators is one of the emerging trends in the market that is expected to have a positive influence on growth.
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According to the report, one of the main drivers in the market is the growing dependence on electronic goods. With an increasing dependence on the various electronic and electrical products such as refrigerators, heating equipment, and air conditioners, the need for electricity in the Residential sector has increased.
Further, the report states that the major challenge in the market is the need to comply with emission regulations. The various emission regulations formulated by different governments require market vendors to comply with them.Residential Gas Generator Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, the US, Canada, Mexico, the APAC region, India, China, Australia, Europe, Eastern Europe, Western Europe and Russia; it also covers the Residential Gas Generator market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Baldor Electric Company, Inc., Briggs & Stratton Power Products Group LLC, Cummins Inc., and Generac Power Systems Inc.
Other vendors mentioned in the report are Carrier Corporation, Eastern Tools & Equipment, Inc., Eaton Corp., General Electric Company, Honda Motor Co. Inc., and Kohler Co.
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Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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