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Portable Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global portable generator market size reached US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2027, exhibiting a CAGR of 6.49% during 2022-2027. 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. 

A portable generator is a gas and diesel-powered backup device that provides a temporary power supply for non-hardwired and stand-alone applications. It comprises numerous components, including an alternator, starter, fuel tank, outlets, and internal combustion engine, which are mounted onto a single metal frame. It directly powers electrical appliances like fridges, fans, bulbs, televisions (TVs), and refrigerators and provides electricity during emergency power outages. As it is cost-effective and mobile and can be shifted from one place to another, a portable generator is used across various industries worldwide.

 

 
 

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Portable Generator Market Trends:

The increasing global population, rapid urbanization, and the rising frequency of power grid failures are catalyzing the demand for portable generators to facilitate uninterrupted electricity supply. In addition, the growing utilization of these generators in the construction industry to facilitate the proper functioning of power tools, air compressors, saws, drills, and paint sprayers is also creating a positive market outlook. Furthermore, the increasing occurrence of natural calamities, such as earthquakes, tsunamis, floods, and volcanic eruptions, disrupt the natural grid infrastructure. This, in turn, is increasing the sales of portable generators to provide electricity for rescue operations. Apart from this, the escalating demand for low-cost and diesel-fueled generators, along with shifting consumer preferences for natural gas-fueled generators due to increasing environmental concerns, is stimulating market growth. Moreover, leading market players are focusing on introducing variants with enhanced flexibility and durability, which is expected to propel the market growth.

 

Key Market Segmentation:

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, country and regional levels from 2022-2027. Our report has categorized the market based on fuel type, application, and power output.

Breakup by Fuel Type:

 

 
 

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  • Portable Diesel Generators
  • Portable Gas Generators
  • Others
     

Portable diesel generators are the most popular variants as they are more efficient, reliable, and sturdy than petroleum and natural gas generators.

Breakup by Application:

  • Residential
  • Commercial
  • Industrial
  • Infrastructure
     

Portable generators find extensive application in the residential sector due to the increasing global population and the growing use of portable generators to run essential electrical appliances during power outages and bad weather conditions.

Breakup by Power Output:

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

Portable generators with less than 3kW power output dominate the market as these generators are widely used for recreational activities and powering minor tools on account of their compact size and easy transportation.

Regional Insights:

 

 
 

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

The Asia Pacific exhibits a clear dominance in the market due to rising energy consumption and the lack of proper power infrastructure systems in the region.

Competitive Landscape:

The competitive landscape of the industry has also been examined, with some of the top portable generator companies in the market are:

  • Briggs & Stratton Corporation
  • Cummins, Inc.
  • Honda Motor Co., Ltd.
  • Eaton Corporation PLC
  • Generac Power Systems, Inc.


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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
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$ 2499
Five User License: US$ 3499
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:

  • How has the global portable generator market performed so far and how will it perform in the coming years?
  • What are the key regions in the global portable generator market?
  • What has been the impact of COVID-19 on the global portable generator market?
  • Which are the various types of fuel in the global portable generator market?
  • What are the key application segments in the global portable generator market?
  • What are the major power output segments in the global portable generator market?
  • What are the various stages in the value chain of the global portable generator market?
  • What are the key driving factors and challenges in the global portable generator market?
  • What is the structure of the global portable generator market and who are the key players?
  • What is the degree of competition in the global portable generator market?
  • How is portable generator manufactured?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Portable Generator Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Fuel Type
    5.5    Market Breakup by Application
    5.6    Market Breakup by Power Output
    5.7    Market Breakup by Region
    5.8    Market Forecast
    5.9    SWOT Analysis
        5.9.1    Overview
        5.9.2    Strengths
        5.9.3    Weaknesses
        5.9.4    Opportunities
        5.9.5    Threats
    5.10    Value Chain Analysis
        5.10.1    Overview
        5.10.2    Research and Development
        5.10.3    Raw Material Procurement
        5.10.4    Manufacturing
        5.10.5    Marketing
        5.10.6    Distribution
        5.10.7    End-Use
    5.11    Porters Five Forces Analysis
        5.11.1    Overview
        5.11.2    Bargaining Power of Buyers
        5.11.3    Bargaining Power of Suppliers
        5.11.4    Degree of Competition
        5.11.5    Threat of New Entrants
        5.11.6    Threat of Substitutes
6   Market Breakup by Fuel Type
    6.1    Portable Diesel Generators
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Portable Gas Generators
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Application
    7.1    Residential
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Industrial
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Infrastructure
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Power Output
    8.1    Less than 3 kW
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    3-10kW
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    More than 10kW
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Region
    9.1    Asia Pacific
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Europe
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    North America
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Middle East and Africa
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Latin America
        9.5.1 Market Trends
        9.5.2 Market Forecast
10  Portable Generator Manufacturing Process
    10.1    Product Overview
    10.2    Raw Material Requirements
    10.3    Manufacturing Process
    10.4    Key Success and Risk Factors
11  Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players
        11.3.1    Briggs & Stratton Corporation
            11.3.1.1    Company Overview
            11.3.1.2    Description
            11.3.1.3    Product Portfolio
            11.3.1.4    Financials
            11.3.1.5    SWOT Analysis
        11.3.2    Cummins Inc.
            11.3.2.1    Company Overview
            11.3.2.2    Description
            11.3.2.3    Product Portfolio
            11.3.2.4    Financials
            11.3.2.5    SWOT Analysis
        11.3.3    Honda Motor Co., Ltd.
            11.3.3.1    Company Overview
            11.3.3.2    Description
            11.3.3.3    Product Portfolio
            11.3.3.4    Financials
            11.3.3.5    SWOT Analysis
        11.3.4    Eaton Corporation PLC
            11.3.4.1    Company Overview
            11.3.4.2    Description
            11.3.4.3    Product Portfolio
        11.3.5    Generac Power Systems, Inc.
            11.3.5.1    Company Overview
            11.3.5.2    Description
            11.3.5.3    Product Portfolio

List of Figures

Figure 1: Global: Portable Generator Market: Major Drivers and Challenges
Figure 2: Global: Portable Generator Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Portable Generator Market: Breakup by Fuel Type (in %), 2021
Figure 4: Global: Portable Generator Market: Breakup by Application (in %), 2021
Figure 5: Global: Portable Generator Market: Breakup by Power Output (in %), 2021
Figure 6: Global: Portable Generator Market: Breakup by Region (in %), 2021
Figure 7: Global: Portable Generator Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Portable Generator Industry: SWOT Analysis
Figure 9: Global: Portable Generator Industry: Value Chain Analysis
Figure 10: Global: Portable Generator Industry: Porter’s Five Forces Analysis
Figure 11: Global: Portable Diesel Generators Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Portable Diesel Generators Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Portable Gas Generators Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Portable Gas Generators Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Other Portable Generators Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Other Portable Generators Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Portable Generator (Applications in Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Portable Generator (Applications in Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Portable Generator (Applications in Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Portable Generator (Applications in Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Portable Generator (Applications in Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Portable Generator (Applications in Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Portable Generator (Applications in Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Portable Generator (Applications in Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Portable Generator (Less than 3 kW) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Portable Generator (Less than 3 kW) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Portable Generator (3 -10 kW) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Portable Generator (3 -10 kW) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Portable Generator (More than 10 kW) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Portable Generator (More than 10 kW) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Asia Pacific: Portable Generator Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Asia Pacific: Portable Generator Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Europe: Portable Generator Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Europe: Portable Generator Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Portable Generator Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Portable Generator Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Middle East and Africa: Portable Generator Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Middle East and Africa: Portable Generator Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Latin America: Portable Generator Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Latin America: Portable Generator Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Portable Generator Manufacturing: Process Flow

List of Tables

Table 1: Global: Portable Generator Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Portable Generator Market Forecast: Breakup by Fuel Type (in Million US$), 2022-2027
Table 3: Global: Portable Generator Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Portable Generator Market Forecast: Breakup by Power Output (in Million US$), 2022-2027
Table 5: Global: Portable Generator Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Portable Generator: Raw Material Requirements
Table 7: Global: Portable Generator Market: Competitive Structure
Table 8: Global: Portable Generator Market: Key Players


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