Portable Generator Market Drivers, Trends, Analysis by Regions, Type, Application, Restraints Forecasts to 2023

“Global Portable Generator Market is estimated to grow at a CAGR of 4.15% during the forecast period.rnrn”
Portable Generator Global Market by Power Rating ,Application , End-User (Industrial, Commercial, Residential), Fuel Type, and Region – Forecast to 2023

Portable Generator Market Highlights:-

Growing demand for data centers and IT facilities is the major factor driving the portable generator market. A portable generator is primarily used when temporary power is needed. Growth in the construction sector across the globe, driving the growth of the market. The governments across the globe is spending more on physical and social infrastructure. These generators are used in several construction activities, which include cutting, drilling, lifting, and others. Moreover, growing demand for uninterrupted and reliable power supply is fuelling the growth of the market. Portable generators produce carbon monoxide (CO), which is an odorless, colorless and very harmful to people. Hence, stringent regulation is set by various governments on emissions by diesel engines. This factor may act as a restraining factor for the market.

The global Portable Generator Market is estimated to grow at 4.15% CAGR during the forecast period.

 

Leading key players:-

The key players in global portable generator market are Honda Motor Co., Ltd (Japan), Briggs & Stratton Corporation (U.S.), Generac Power Systems, Inc. (U.S.), Yamaha Motor Corporation (Japan), Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), Kohler Co. (U.S.), Eaton Corporation Plc (Ireland), Champion Power Equipment, Inc. (U.S.), Siemens AG (Germany), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Wacker Neuson Group (Germany), SmarterTools Inc. (U.S.), and Atlas Copco (Sweden).

 

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Industrial News:-

The global market for portable generator appears to be highly fragmented and competitive due to the presence of several well established and small players. The major players incorporate acquisition, partnership, expansion, collaboration, and product launch to increase competitive advantage in this market and maintain their market position. These major players compete based on pricing and services. Moreover, players are investing hugely in R&D to secure guaranteed resources for the customers.

In December, 2017, Doosan Portable Power launched a new range of four generators ranging from 20-60 kVA, available in both 50 Hz and 60 Hz versions.

In January 2014, Kohler Co., a global leader in engines and power generator systems, launched a new line of portable generators designed to deliver instant power, virtually, anywhere. The whole line of new portable generators from Kohler comprises nine models, ranging from a 2.0 kW inverter to a 12.3 kW gasoline generator and four portable water and trash pumps in varying diameters.

 

Scope of the Report:-

This study provides an overview of the global portable generator market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the portable generator market by its fuel type, power rating, application, end-user, and region.

By End-User

  • Industrial
  • Commercial
  • Residential

By Regions

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

By Fuel Type

  • Diesel
  • Gas
  • Others

By Power Rating

  • Less than 3KW
  • 3 KW – 10KW
  • Above 10 KW

By Application

  • Base Load
  • Standby Power
  • Peak Shaving

 

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Market Research Analysis:-

Global portable generator market has been segmented based on fuel type, rated power, application, end-user, and region. Based on fuel type, the market has been segmented into diesel, gas, and others. The gasoline segment accounted largest market share in 2016 and is expected to grow at the highest CAGR during the forecast period, mainly due to gasoline fuels being more compatible with small capacity engines. Besides compatibility, the availability of fuel and clean operation are also the key factors for the growth of gasoline portable generators. Furthermore, stringent environmental norms to control the emission of hazardous gasses from diesel generators boost the growth of the gasoline portable generators.

 

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