PORTABLE GENERATOR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In February 2023, Caterpillar Inc., a leading manufacturer of construction and mining equipment, announced the launch of the XQ330 mobile diesel generator powered by the Cat C9.3B diesel engine. The XQ330 is rated for up to 288 kW in standby and 264 kW in prime operation at 60 Hz, as well as up to 341 kVA in standby and 310 kVA in prime power applications at 50 Hz. Designed for low noise operation, the generator features a weather-resistant enclosure and includes several rental-ready features such as a battery charger, block heater, switchable voltage outputs, a permanent magnet generator (PMG), and optional trailer mounting.
• In January 2022, Honda Motor Co., a leading manufacturer of motorcycles, automobiles, and power equipment, announced plans to launch its new EU32i portable generator, featuring a newly designed reliable engine with a maximum output of 3.2 kVA. Sales of the EU32i are set to begin in the European region in March 2022, with plans to expand availability to other global markets thereafter.
• In January 2021, Yamaha Motor Co., Ltd., a leading manufacturer of motorcycles, marine products, power products and other motorized products, introduced its new lineup of portable inverter generators named the EF2200iS. These generators, with a maximum output of 2200 watts, are an addition to Yamaha's current portable generator portfolio. The EF2200iS features an illuminated multi-function LED control panel for easy monitoring, while weighing only 55.2 lbs, making it a lightweight and portable option for various applications such as emergency backup power, RV and camping use, and DIY projects.