HNY Research projects that the Portable Generator market size will grow from USD 1.94 Billion in 2017 to USD 2.41 Billion by 2023, at an estimated CAGR of 3.69%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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The increasing number of weather-related power outages and the growing demand for uninterrupted and reliable power supply in developed and developing nations are expected to drive the global portable generator market during the forecast period. The portable generator market has been segmented, by end-user, into residential, commercial, and industrial. The residential end-user segment led the portable generator market in 2017. Portable generators are mainly used to run the small-sized and medium loads, including household appliances, small-sized to medium industrial machineries such as air compressors, drills, vibrators, and agricultural applications. The increasing number of weather-related and non-weather-related (aging grid) power outages are creating problems for small and medium scale businesses. Frequent power outages due to weather-related and aging grids are the main drivers for the portable generator market.
By Market Players:
Briggs & Straton , Honda , Kohler , Yamaha , Kubota , Champion , Siemens , Caterpillar , Atlas Copco , Eaton , Honeywell , Wacker Neuson , Generac,
Residential , Commercial , Industrial, ,
By Power Rating
Less Than 5 kW , 5 kW–10 kW , 10 kW-20kW, ,
By Fuel Type
Gasoline (Petrol) , Diesel , Natural Gas , Other (Propane, Lpg and Biodiesel),
Emergency , Prime/Continuous,
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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023..
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