Global Residential Gas Generator Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Capacity Rating;

Less than 75 kVA, 75-375 kVA and Above 375 kVA.

By Fuel Type;

Natural Gas and Propane

By Type;

Stationary and Portable.

By Geography;

North America, Europe, Asia Pacific, Middle East& Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn855112906 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Residential Gas Generator Market (USD Million), 2021 - 2031

In the year 2024, the Global Residential Gas Generator Market was valued at USD 5397.66 million. The size of this market is expected to increase to USD 8116.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Global Residential Gas Generator Market represents a vital segment within the broader energy industry, catering to the power generation needs of households worldwide. Gas generators offer a reliable and efficient solution for homeowners seeking backup power during grid outages or as a primary source of electricity in areas with unreliable electricity supply. This market is driven by various factors, including the need for uninterrupted power supply, increasing frequency and severity of weather-related disasters, and the growing trend of remote working, where consistent power availability is essential for modern lifestyles.

In recent years, the Global Residential Gas Generator Market has experienced steady growth, propelled by advancements in generator technology, the availability of cleaner-burning natural gas as a fuel source, and rising awareness of the importance of emergency preparedness. Gas generators are increasingly integrated with smart technologies, enabling remote monitoring, automatic startup during power outages, and optimized fuel efficiency. Additionally, manufacturers are focusing on developing quieter and more compact generator models to minimize noise and space requirements, enhancing their appeal for residential use. As homeowners prioritize reliability and convenience in their power solutions, the demand for residential gas generators is expected to continue growing, especially in regions prone to severe weather events and grid instability.

Challenges such as environmental concerns, regulatory constraints, and competition from alternative power sources pose hurdles to market growth. While natural gas is considered a cleaner-burning fuel compared to diesel or gasoline, concerns about air pollution and greenhouse gas emissions associated with gas-powered generators persist. Regulatory requirements aimed at reducing emissions and promoting cleaner energy alternatives may impact the adoption of gas generators in certain regions. Furthermore, the emergence of renewable energy technologies, energy storage solutions, and grid modernization initiatives presents alternatives to traditional backup power systems, shaping the competitive landscape of the Global Residential Gas Generator Market. Despite these challenges, the market is poised for growth, driven by ongoing technological advancements, changing consumer preferences, and the increasing importance of reliable power supply in residential settings.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Capacity Rating
    2. Market Snapshot, By Fuel Type
    3. Market Snapshot, By Type
    4. Market Snapshot, By Region
  4. Global Residential Gas Generator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Frequency of Weather-Related Disasters
        2. Growing Demand for Uninterrupted Power Supply
        3. Remote Working Trends
        4. Reliability and Convenience of Gas Generators
        5. Advancements in Generator Technology
      2. Restraints
        1. Environmental Concerns and Emissions Regulations
        2. Regulatory Constraints
        3. Fluctuating Natural Gas Prices
        4. Noise and Space Limitations
      3. Opportunities
        1. Integration with Smart Technologies
        2. Expansion in Emerging Markets
        3. Development of Quieter and More Compact Generator Models
        4. Adoption of Dual-Fuel and Tri-Fuel Generator Systems
        5. Collaboration with Energy Service Providers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Residential Gas Generator Market, By Capacity Rating, 2021 - 2031 (USD Million)
      1. Less than 75 kVA
      2. 75-375 kVA
      3. Above 375 kVA
    2. Global Residential Gas Generator Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Natural Gas
      2. Propane
    3. Global Residential Gas Generator Market, By Type, 2021 - 2031 (USD Million)
      1. Stationary
      2. Portable
    4. Global Residential Gas Generator Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Generac Holdings Inc.
      2. Cummins Inc.
      3. Briggs & Stratton Corporation
      4. Kohler Co.
      5. Caterpillar Inc.
      6. Honda Motor Co., Ltd.
      7. Yamaha Motor Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market