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

Growing demand for uninterrupted and backup power supply during power outages due to rising energy needs can drive the market growth. Increasing construction of commercial and residential infrastructure coupled with rising industrialization in emerging nations can also drive the  market growth. In the construction sector, portable generators are used to power various equipment and tools during ongoing work activities. These provide efficient power backups and are easy to carry, fuel efficient and low on maintenance. However, high initial costs and strict emission regulations for generators in several countries can hamper the market growth over the forecast period.

Market Dynamics:

Global portable generator market growth is driven by mounting power outages, increasing demand in construction sector and rising outdoor recreational activities. Frequent power failures due to outdated grid infrastructure, natural calamities, and planned blackouts during peak summer and winter seasons have boosted demand for reliable portable generators. Companies are launching advanced fuel efficient and low emission generators equipped with Bluetooth connectivity and smartphone controls. However, strict emission norms for generators imposed by environmental agencies like EPA can hamper the market growth. Ongoing development of microgrids and smart grids can offer opportunities for portable solar and  gas-powered generators. Leading players are investing in R&D to develop modular, fuel cell powered generators gaining traction among commercial users.

Key features of the study:

• This report provides in-depth analysis of the global portable generator market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global portable generator market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Atlas Copco, Champion Power Equipment, Cummins, Duromax Power Equipment, Firman Power Equipment, Generac, Honda, Kohler, Lifan Industry (Group), Mi-T-M, Multiquip, Pramac, Pulsar Products, Subaru, Yamaha
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global portable generator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global portable generator market

Detailed Segmentation-

•  Fuel Type Insights (Revenue, USD Bn, 2019 - 2031)
• • Gasoline/Petrol-powered
  • Diesel-powered
  • Natural Gas/LPG-powered
  • Solar-powered
•  Power Output Insights (Revenue, USD Bn, 2019 - 2031)
• • 0-3 kW
  • 3-6 kW
  • 6-9 kW
  • Above 9 kW
•  Application Insights (Revenue, USD Bn, 2019 - 2031)
• • Residential
  • Commercial
  • Industrial
  • Construction
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
• • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
• • Atlas Copco
  • Champion Power Equipment
  • Cummins
  • Duromax Power Equipment
  • Firman Power Equipment
  • Generac
  • Honda
  • Kohler
  • Lifan Industry (Group)
  • Mi-T-M
  • Multiquip
  • Pramac
  • Pulsar Products
  • Subaru
  • Yamaha