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The global portable generator market reached a value of US$ 4.1 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Portable generators are backup devices designed to provide temporary AC power for non-hardwired, stand-alone applications. These generators consist of internal combustion engine, starter, alternator, fuel tank and outlets which are assembled together onto a metal frame in a single unit. Low-end models of portable generators support few basic home appliances, whereas, the high-end models can provide power backup to the whole house. Nowadays, portable generators are gaining traction among the consumers as they are cost-effective and can be easily moved from one place to another.
Global Portable Generator Market Drivers/Constraints:
IMARC Group provides an analysis of the key trends in each sub-segment of the global portable generator market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on fuel type, application and power output.
Breakup by Fuel Type:
Based on fuel type, the market has been segmented into portable diesel generators, portable gas generators and others. Currently, portable diesel generators are the most popular segment as they are more reliable, efficient and sturdy than petroleum or natural gas generators.
Breakup by Application:
On the basis of application, the residential sector represents the largest segment, accounting for the majority of the global share as portable generators are used to run essential appliances, such as lights, refrigerators, fans, etc. during power outages or bad weather conditions. Residential sector is followed by the commercial, infrastructure and industrial sectors.
Breakup by Power Output:
Based on power output, the market has been segregated as less than 3kW, 3-10kW and more than 10kW. Amongst these, the less than 3kW category dominates the market as these generators are compact and easy to transport, owing to which they are generally used for recreational activities and powering minor tools.
Region-wise, Asia Pacific is the leading market for portable generators, holding the largest market share due to the lack of proper power infrastructure in the region. Other major regions include Europe, North America, Middle East and Africa, and Latin America.
The global portable generator industry is fragmented as there are a large number of players present at both the regional and global level. Some of the leading players operating in the market are:
This report provides a deep insight into the global portable generator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the portable generator market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Fuel Type, Application, Power Output, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Briggs & Stratton Corporation, Cummins, Inc., Honda Motor Co., Ltd., Eaton Corporation PLC and Generac Power Systems, Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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