PSR

SUMMARY: Gen-set sales in Q1 2019 declined 13.6% from Q4 2018, largely due to an unusually steep drop in sales of portable gen-sets. Sales were anemic between 21kW and 500kW and declined in the 501-1000kW and 1001-2000kW ranges by more than any other Q1 in the last five years.

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SUMMARY: Gen-set sales in North America continued to grow in Q4 2018, with dealers reporting an overall unit sales increase of 6.7% over Q3 2018, largely due to a continued strong demand level for standby units by private consumers.

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SUMMARY: Gen-set sales in North America climbed 6% in Q3 2018 over Q2 2018, with the focus switching from larger industrial standby’s and construction site power generation earlier in the year to residential standby sales as part of winter-preparedness.

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SUMMARY: Gen-set sales climbed 5% over Q1 2018 levels in anticipation of the camping season and end of fiscal year for many government and industrial consumers. While fewer dealers commented on specific-storm related residential demand this quarter, the 5% growth this quarter does seem to indicate that last year’s hurricanes may have raised the gen-set market up to a new normal, especially when compared to the 1.8% growth reported in Q2 of 2017.

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SUMMARY: Gen-set sales continued the growth trend in Q1 2018 with a 2% increase over Q4 2017 levels. We continue to see increased demand for residential standby after last year’s severe weather season as well as the ramp-up towards the construction and camping seasons.

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SUMMARY: North American Gen-set sales continued with strong growth in the lower kW ranges in Q4 2017 with overall unit sales up 12.9% over Q3 2017. The gains were driven by ongoing demand caused by severe hurricanes, as well as optimism about the economy.

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