Top Companies in the Portable Generator Market

Oct 04, 2022

Top Companies in the Portable Generator Market

The global portable generator market reached a value of US$ 4.6 Billion in 2021. Portable generators are engine-driven backup devices that temporarily provide alternating current (AC) for non-hardwired and standalone applications. They are usually powered by gas or diesel and comprise internal combustion engines, fuel tanks, starters, alternators, and outlets. They can directly power electrical appliances, such as freezers, televisions, and refrigerators, or provide power backup to the whole house in case of emergency power outages. Since they are cost-effective and can be moved from one place to another if required, portable generators are gaining immense popularity across the globe.

As per the analysis by IMARC Group, the top companies in the portable generator industry are developing innovative product variants with an easy installation process, better flexibility, high cost-efficiency, fewer maintenance requirements, and enhanced durability. Due to the implementation of stringent government regulations, they are also introducing portable generators powered by biofuels and other sustainable energy sources to minimize greenhouse gas (GHG) emissions. In addition, the leading manufacturers are engaging in research and development (R&D) activities to launch novel portable generators with advanced features, such as the Internet of Things (IoT) connectivity and emission detection systems. Besides this, several key players are focusing on expanding their geographical reach and production capacities through merger and acquisition (M&A) activities. Looking forward, IMARC Group expects the market value to reach US$ 6.7 Billion by 2027, growing at a CAGR of 6.49% during 2022-2027.

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Top Portable Generator Companies and Manufacturers:

Briggs & Stratton, LLC

Establishment: 1908
Headquarters: Wisconsin, United States
Website: https://www.basco.com/

Briggs & Stratton, LLC is the largest producer of engines for outdoor power equipment across the world. It is also a leading manufacturer, designer and marketer of lithium-ion batteries, standby generators, energy storage systems, lawn and garden, turf care, and job site products. The company sells its products under several brand names, including:

  • Briggs & Stratton
  • Vanguard
  • Ferris
  • Simplicity
  • Snapper
  • Billy Goat
  • Allmand
  • SimpliPhi
  • Branco
  • Victa

Currently, it has operations in more than 100 countries across six continents.

Cummins Inc.

Establishment: 1919
Headquarters: Indiana, United States
Website: https://www.cummins.com/

Cummins Inc. is a global power technology leader specializing in diesel and alternative fuel engines, generators, and related components and technology. It designs, manufactures, distributes, and services an extensive portfolio of power solutions, including internal combustion, electric, and hybrid integrated power solutions. The company also offers a broad range of related components, such as filtration, after treatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, microgrid controls, batteries, electrolyzers, and fuel cell products. 

Honda Motor Co., Ltd.

Establishment: 1948
Headquarters: Tokyo, Japan
Website: https://global.honda/

Honda Motor Co., Ltd. is a Japanese multinational conglomerate company primarily engaged in manufacturing automobiles, motorcycles, and power equipment, such as generators and farm machinery. It also offers marine outboard motors, business jets, aircraft, and aero engines. Its extensive product portfolio comprises general-purpose engines, tillers, generators, snow throwers, lawn mowers, water pumps, and outboard engines. The company owns and operates manufacturing facilities in Japan, the United States, Canada, France, Italy, Spain, Africa, the Middle East, China, India, Malaysia, Australia, Thailand, and Peru. 

Eaton Corporation PLC

Establishment: 1911
Headquarters: Dublin, Ireland
Website: https://www.eaton.com/   

Eaton Corporation PLC is a multinational power management company that provides industry-leading electrical, aerospace, hydraulic, and vehicle products and services. It is a global technology leader in electrical systems for power quality, distribution, and control; hydraulics components, systems, and services for industrial and mobile equipment; aerospace fuel, hydraulics, and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. With over 85,000 employees, the company operates in more than 175 countries worldwide. 

Generac Power Systems, Inc.

Establishment: 1959
Headquarters: Wisconsin, United States
Website: https://www.generac.com/

Generac Power Systems, Inc. is a leading energy technology company and manufacturer of home backup generators. It offers a wide range of power products, including portable, residential, commercial, industrial, and trailer-mounted mobile generators. It has a diversified product portfolio comprising advanced power grid software solutions, backup, and prime power systems for home and industrial applications, solar battery storage solutions, virtual power plant platforms, and engine- and battery-powered tools and equipment. The company also designs and produces manual and fully automatic transfer switches and accessories, light towers, heaters, and pumps. Currently, it has operations in the United States, Mexico, Germany, Italy, China, and Australia. 

 

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the portable generator industry, which has enabled clients to set up and expand their businesses successfully.  

Some of the company's offerings include:  

  • Market Research   
  • Plant setup   
  • Plant Expansion   
  • Marketing and sales   
  • Procurement and Distribution   
  • Innovation and Product Development   

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