by The portable generator market size is expected to reach USD 7.01 billion by 2030. It is anticipated to grow with a healthy CAGR of 5.34% from 2021 to 2030.
In 2022, the portable generator market study provides crucial information on market share, market size, growth rate analysis Y-O-Y, production, consumption, and sales analysis for the forecast period 2021 to 2030. The report contains 150+ pages with detailed analysis.
An electrical generator is a device that operates on the principle of EMI or electromagnetic induction to produce electrical energy from mechanical energy. For instance, turbine rotation with the help of force created by falling water, hand crank, wind turbine, an internal combustion engine, solar energy, or any other comparable source. Generators are classified into portable and stationary generators. Portable units are not intended for permanent fitting instead are meant to momentarily energize a limited critical application thru external cords. Further, they operate with stand-alone applications. Portable residential generators find usage to supply vital home power requirements during power-outages, for running cabin appliances, or for power tools requiredthroughout projects. Recreational generators are transportable and are lighter and make less sound. Furthermore, these units are frequently traded to outdoor enthusiasts. Several models of portable units can be fueled by means of one or more of explicit energy sources such as diesel, gasoline, bio-diesel, propane or natural gas. Maximum portable units are air-cooled and henceforth ought to be functioned in the open for attaining air ventilation.
Growth Factors
Cumulative acceptance of portable generators due to a rapidly expanding construction sector is fueling growth of portable generator market. Portable units are typically used when backup power requirements are low or only momentary. These assist as handy accessories in residential applications tooffer energy for sump pumps, lighting, particular essential appliances such as refrigerators and air conditioners, and vital medical equipment. Furthermore, portable generators are used infarms, construction sites, motor homes, camping trips and recreation vehicles among others. These generators usually find application in trailers where there is need for small power output. Due to compact and lightweight features, they can be accessibly stored in the backside of a tow vehicle or the trailer compartment. Increasing digital revolution owed to technological advancement in IT area followed by virus outstretched has caused in unexpected increase in industry automation.
Growing responsiveness of global warming has occasioned in rising need for portable generators based on a sustainable energy source such as biofuel. Biofuel has chemical appearances comparable to that of petroleum-based fuels and henceforth, it can be employed as a direct alternative for diesel fuel. Additionally, biofuel proposes energy independence to nations such as Italy and Japan who import natural gas and petroleum from other nations. Biofuel is produced from sources such as canola, soybean, corn, animal fats and used cooking oil. Increasing requirement for biofuel powered generators is expected to offer lucrative opportunity to market participants during years to come.
Market Scope:
| Report Highlights | Details |
| Market Size | US$ 7.01 Billion by 2030 |
| Growth Rate | CAGR of 5.34% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
COVID-19 Impact:
The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The portable generator report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.
Regional Snapshots
Portable generators are utilized in small shops throughout several outdoor functions and events and in Asia Pacific. APAC is predicted to grasp majority of the market share and expected to uphold this dominance during years to come. After Asia Pacific, North America accounted for considerable stake in the portable generators market. Upsurge in natural calamities in this region in the form of hurricanes are hindering power usage. This in turn flourishes the sale of portable generators across this region. Furthermore, portable generators find application in mining sites and drilling sitesLatin America and in Middle East & Africa due to the less obtain ability of power supply.
Key Players:
The portable generator market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.
Some of the prominent players in the portable generator market include:
- Cummins, Inc
- Generac Power Systems Inc
- Kohler Co
- Multiquip, Inc
- WINCOWackerNeuson SE
- Harrington Generators International Ltd
- Briggs & Stratton Corporation
- Caterpillar Inc
- Honda Siel Power Products Ltd.
Market Segmentation
By Application
- Emergency
- Prime/Continuous
By Based on Fuel
- Gasoline (Petrol)
- Diesel
- Natural Gas
- Others (LPG, Propane, and Biodiesel)
By Power Rating
- Below 5 kW
- 5–10 kW
- 10–20 kW
By End User
- Residential
- Commercial
- Industrial
Regional Segmentation
- North America (U.S. and Canada)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
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Frequently Asked Questions?
- What is the total market value?
- What will be the growth in 2030?
- What are the key trends in the market?
- What are the major players in portable generator markets?
- What are the key growth strategies of industry players?
- Which region would offer a higher growth?
- What are the countries included in the rest of the word segments?
- How can I get report sample?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Portable Generator Market
5.1. COVID-19 Landscape: Portable Generator Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Portable Generator Market, By Product
8.1. Portable Generator Market, by Product Type, 2021-2030
8.1.1. Diesel
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Gaseous
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Portable Generator Market, By Application
9.1. Portable Generator Market, by Application, 2021-2030
9.1.1. Commercial
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Industrial
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Residential
9.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Portable Generator Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.2. Market Revenue and Forecast, by Application (2019-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)
Chapter 11. Company Profiles
11.1. Cummins, Inc
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Generac Power Systems Inc
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Kohler Co
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Multiquip, Inc
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. WINCOWackerNeuson SE
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Harrington Generators International Ltd
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Briggs & Stratton Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Caterpillar Inc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Honda Siel Power Products Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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