You are currently viewing Global Portable Generator Market Size to Grow at a CAGR of 6% in the Forecast Period of 2022-2027

Global Portable Generator Market Size to Grow at a CAGR of 6% in the Forecast Period of 2022-2027

The ‘Global Portable Generator Market Size, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global portable generator market, assessing the market on the basis of its segments like fuel type, power output, application, and major regions.

Portable Generator Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 6%

Report Attribute Details
Historical Period 2017-2021
Forecast Period 2022-2027
Base Year 2020
Growth Rate CAGR 6%
Major Players Briggs and Stratton Corporation., Cummins Inc., Honda Motor Co., Ltd., Eaton Corporation, Generac Holdings Inc. (Generac Power Systems), KOHLER Co., Yamaha Motor Co., Ltd., KUBOTA Corporation, and Atlas Copco AB, among others.

The global portable generator market is expected to register growth during the forecast period on account of surging concerns for uninterrupted operations of critical businesses and services. The growing downtime businesses are facing globally due to the increase in weather-related power failures have enhanced the demand for uninterrupted power supplies. Portable generators are constructed to deliver alternating current (AC-based) for non-hardwired as well as standalone appliances.

An upsurge in the usage of electric power in industries like automotive, oil and gas, aerospace and defence, agriculture, and IT and telecommunications are driving the portable generator market growth across the globe. With the increasing adoption of electric vehicles, the demand for electricity is likely to increase and the need for uninterrupted power is likely to grow. Various construction activities use portable generators as adequate power is not always available from power grids at such sites, further enhancing the demand for portable generators.

Portable Generator Industry Definition and Major Segments

Portable generators are devices that are powered by diesel or gas, producing electrical power by moving a turbine, converting combustion energy into electrical power. The power output varies, depending upon the type of portable generator. Easily transportable, power generators can be connected directly with appliances, panels, tools, or extension cords.

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Based on fuel type, the market is segmented into:

• Portable Diesel Generators
• Portable Gas Generators
• Others

By power output, the market is classified into:

• Less than 3 kW
• 3-10 kW
• More than 10 kW

On the basis of application, the market is categorised into:

• Residential
• Commercial
• Industrial
• Infrastructure

Based on region, the market is divided into:

• North America
• Latin America
• Asia Pacific
• Europe
• Middle East and Africa

Portable Generator Market Trends

The surging demand for biofuel powered portable generators is likely to offer an opportunity to market players across the globe during the forecast period. The rising consciousness regarding global warming has encouraged the demand for portable generators that use sustainable fuels such as biofuel which can be used as a direct alternative to diesel.

Geographically, the Asia Pacific region is anticipated to drive the portable generator market growth on account of the high consumption of energy among countries like China and India. The advancing standards of living along with the high demand for energy-powered equipment, lighting, and appliances are further expected to propel the market growth of portable generators across China and India.

The growing construction initiatives in India and China are supported by favourable policies by the governments, encouraging green building campaigns and smart cities. This is likely to propel the portable generator market demand across the Asia Pacific region. The wide prevalence of power outages along with the increasing demand for reliable as well as uninterrupted power supply in developed and emerging nations across the region is expected to push forward the market growth of portable generators over the coming years.

Key Market Players

The major players in the global portable generator market report are:

  • Briggs and Stratton Corporation
  • Cummins Inc.
  • Honda Motor Co., Ltd.
  • Eaton Corporation
  • Generac Holdings Inc. (Generac Power Systems)
  • KOHLER Co.
  • Yamaha Motor Co., Ltd.
  • KUBOTA Corporation
  • Atlas Copco AB
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

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Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.