Residential Generators Market Showing Impressive Growth during Forecast Period 2020 – 2030
Residential generators are electrical equipment that generates power for a variety of applications, including outdoor activities, lighting during social events, power backup in emergency scenarios, and power generation in remote construction sites, and temporary camps. Small and mid-sized generators are included in the portable generators’ scope, and they can be used both indoors and outdoors. These generators run on a variety of fuels, including diesel, gasoline, natural gas, and others. Multiple product developments have resulted from changes in lifestyle and an increased need for user-friendly items. The global residential generators market size was valued at $9.5 billion in 2020 and is projected to reach $15.1 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030. Get a PDF brochure for Industrial Insights and Business Intelligence @ https://www.alliedmarketresearch.com/request-sample/13471 Environmental regulations imposed by the EPA in North Ame...