Portable Generator Market Size 2020 Overview, Segmentation and Comprehensive Analysis till 2023

Market Synopsis:

According to Market Research Future (MRFR)’s study, the global portable generator market has been projected to expand at 4.15% during the forecast period 2017 to 2023. The assessment suggests that the market is anticipated to scale a substantial valuation over the review period. The towering demand for power generation in conjunction with frequent power outages are expected to propel the expansion of the global market in the forthcoming years. In addition, the rising industrial, as well as commercial applications, are also projected to aid the expansion of the market over the next few years.

Key Players

SmarterTools Inc. (U.S.), Briggs & Stratton Corporation (U.S.), Honda Motor Co., Ltd (Japan), Generac Power Systems, Inc. (U.S.), Caterpillar Inc. (U.S.), Yamaha Motor Corporation (Japan), Cummins, Inc. (U.S.), Eaton Corporation Plc (Ireland), Kohler Co. (U.S.), Champion Power Equipment, Inc. (U.S.), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Wacker Neuson Group (Germany), and Atlas Copco (Sweden) are the major players operating in the  global portable generator market.

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Market Highlights

Increasing standards of living, in conjunction with rapid urbanization, is anticipated to propel the expansion of the portable generator market in the years to come. In addition, the rising demand from the industrial sector is also projected to favor the growth of the global market across the review period.

Mobile generators offer a continuous and reliable supply of power and electricity even in adverse weather conditions which are anticipated to augment the portable generators market over the next couple of years. In addition, key players are leveraging renewable energy sources for capitalizing the growing consumer base. The growing awareness about depleting sources of energy is likely to favor expansion of the market in the upcoming years.

The increasing implementation of strict regulations for controlling emissions is likely to motivate product innovations in the global portable generator market in the forthcoming years. In addition, technological developments are also poised to drive the expansion of the market over the next few years. Rapidly increasing demand for residential purposes is expected to lead the growth trajectory of the market across the assessment period. Thus, increasing infrastructure projects are poised to resonate growth opportunities for the participants of the portable generator market in the nearby future.

Market Segmentation:

By power rating, the global Portable Generator Market has been segmented into less than 3KW, 3KW-10KW, and above 10 KW.

By application, the portable generator market has been segmented into base load, standby power, and peak shaving.

By End-User, the global portable generator market has been segmented into industrial, commercial, and residential.

By fuel type, the portable generator market has been segmented into gas, diesel, and others.

Regional Analysis:

The global portable generator market is assessed on a regional and country-level basis in this MRFR report. The regional segments profiled in this report are – North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).

North America is anticipated to hold the largest share of the global portable generator market over the next couple of years. Rising demand for uninterrupted power supply from the industrial sector is projected to emerge as the primary driving factor of the portable generator market in the region. The U.S. is the most prominent country-level market in the region and is anticipated to earn the highest revenues in the years to come.

Asia Pacific is also poised to benefit from the rapidly developing industrial sector. Rising cases of power outages in the region are forecasted to drive the growth of the portable generator market over the projection period. the markets in China and India are presumed to catalyze the growth of the regional segment in the nearby future.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Portable Generator Market Size| Global Demand, Top Market Leaders and Regional Forecast to 2023

Global Portable Generator Market Synopsis:

The insufficient supply of power and energy has led to increasing cases of power outages. This, in turn, has boosted the sales of portable generators in recent years. Market Research Future (MRFR), in its latest analysis, has asserted that the global portable generator market is poised to register 4.15% CAGR over the evaluation period 2017 to 2023. The Portable Generator Market Size is likely to flourish in developing nations over the next couple of years owing to rising demand for energy, coupled with rising disposable income.

The increasing implementation of strict regulations for controlling emissions is likely to motivate product innovations in the global portable generator market in the forthcoming years. In addition, technological developments are also poised to drive the expansion of the market over the next few years. Rapidly increasing demand for residential purposes is expected to lead the growth trajectory of the market across the assessment period. Thus, increasing infrastructure projects are poised to resonate growth opportunities for the participants of the portable generator market in the nearby future.

Competitive Dashboard:

SmarterTools Inc. (U.S.), Briggs & Stratton Corporation (U.S.), Honda Motor Co., Ltd (Japan), Generac Power Systems, Inc. (U.S.), Caterpillar Inc. (U.S.), Yamaha Motor Corporation (Japan), Cummins, Inc. (U.S.), Eaton Corporation Plc (Ireland), Kohler Co. (U.S.), Champion Power Equipment, Inc. (U.S.), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Wacker Neuson Group (Germany), and Atlas Copco (Sweden) are the major players operating in the  global portable generator market.

Market Segmentation:

by Power Rating, the segmental analysis of the global portable generator market has identified - less than 3KW, 3KW-10KW, and above 10 KW.

Application based segments of the portable generator market include standby power, base load, and peak shaving.

The end-user segments profiled in the study of the global portable generator market are commercial, industrial, and residential.

By fuel type, the portable generator market has been segmented into diesel, gas, and others.

Regional Analysis:

The global portable generator market is assessed on a regional and country-level basis in this MRFR report. The regional segments profiled in this report are – North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).

North America is anticipated to hold the largest share of the global portable generator market over the next couple of years. Rising demand for uninterrupted power supply from the industrial sector is projected to emerge as the primary driving factor of the portable generator market in the region. The U.S. is the most prominent country-level market in the region and is anticipated to earn the highest revenues in the years to come. Asia Pacific is also poised to benefit from the rapidly developing industrial sector. Rising cases of power outages in the region are forecasted to drive the growth of the portable generator market over the projection period. the markets in China and India are presumed to catalyze the growth of the regional segment in the nearby future.

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Portable Generator Market Share, Future Plans, Technological Advancement, Target Audience, Growth Prospects Predicted by 2023

Portable Generator Market Synopsis:

The insufficient supply of power and energy has led to increasing cases of power outages. This, in turn, has boosted the sales of portable generators in recent years. Market Research Future (MRFR), in its latest analysis, has asserted that the global portable generator market is poised to register 4.15% CAGR over the evaluation period 2017 to 2023. The Portable Generator Market Share is likely to flourish in developing nations over the next couple of years owing to rising demand for energy, coupled with rising disposable income.

Increasing standards of living, in conjunction with rapid urbanization, is anticipated to propel the expansion of the portable generator market in the years to come. In addition, the rising demand from the industrial sector is also projected to favor the growth of the global market across the review period.

The increasing implementation of strict regulations for controlling emissions is likely to motivate product innovations in the global portable generator market in the forthcoming years. In addition, technological developments are also poised to drive the expansion of the market over the next few years. Rapidly increasing demand for residential purposes is expected to lead the growth trajectory of the market across the assessment period. Thus, increasing infrastructure projects are poised to resonate growth opportunities for the participants of the portable generator market in the nearby future.

Global Portable Generator Market Segmentation:

by Power Rating, the segmental analysis of the global portable generator market has identified - less than 3KW, 3KW-10KW, and above 10 KW.

Application based segments of the portable generator market include standby power, base load, and peak shaving.

The end-user segments profiled in the study of the global portable generator market are commercial, industrial, and residential.

By fuel type, the portable generator market has been segmented into diesel, gas, and others.

Regional Analysis:

The global portable generator market is assessed on a regional and country-level basis in this MRFR report. The regional segments profiled in this report are – North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). North America is anticipated to hold the largest share of the global portable generator market over the next couple of years. Rising demand for uninterrupted power supply from the industrial sector is projected to emerge as the primary driving factor of the portable generator market in the region. The U.S. is the most prominent country-level market in the region and is anticipated to earn the highest revenues in the years to come. Asia Pacific is also poised to benefit from the rapidly developing industrial sector. Rising cases of power outages in the region are forecasted to drive the growth of the portable generator market over the projection period. the markets in China and India are presumed to catalyze the growth of the regional segment in the nearby future.

Competitive Dashboard:

SmarterTools Inc. (U.S.), Briggs & Stratton Corporation (U.S.), Honda Motor Co., Ltd (Japan), Generac Power Systems, Inc. (U.S.), Caterpillar Inc. (U.S.), Yamaha Motor Corporation (Japan), Cummins, Inc. (U.S.), Eaton Corporation Plc (Ireland), Kohler Co. (U.S.), Champion Power Equipment, Inc. (U.S.), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Wacker Neuson Group (Germany), and Atlas Copco (Sweden) are the major players operating in the  global portable generator market.

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Portable Generator Market Report by Top Manufacturers, Competitive Landscape, And Regional Forecast To 2023

Portable Generator Market Highlights

The global portable generator market is estimated to grow at 4.15% CAGR during the forecast period. Growing demand for data centers and IT facilities is the major factor driving the portable generator market. A portable generator is primarily used when temporary power is needed. Growth in the construction sector across the globe, driving the growth of the market. The governments across the globe is spending more on physical and social infrastructure.

These generators are used in several construction activities, which include cutting, drilling, lifting, and others. Moreover, growing demand for uninterrupted and reliable power supply is fuelling the growth of the market. Portable generators produce carbon monoxide (CO), which is an odorless, colorless and very harmful to people. Hence, stringent regulation is set by various governments on emissions by diesel engines. This factor may act as a restraining factor for the market

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Global portable generator market Segmentation

Global portable generator market has been segmented based on fuel type, rated power, application, end-user, and region.

Based on fuel type, the market has been segmented into diesel, gas, and others. The gasoline segment accounted largest market share in 2016 and is expected to grow at the highest CAGR during the forecast period, mainly due to gasoline fuels being more compatible with small capacity engines. Besides compatibility, the availability of fuel and clean operation are also the key factors for the growth of gasoline portable generators. Furthermore, stringent environmental norms to control the emission of hazardous gasses from diesel generators boost the growth of the gasoline portable generators.

Based on end-user, the market has been segmented into industrial, commercial, and residential. The residential segment accounted for the largest market share in 2016. Increase in awareness among consumers regarding in-house power backup is ultimately increasing the demand for portable generators in the residential sector. The ease to start and portability are the key factors increasing the popularity of the portable generators in the residential sector. Portable generators are used to run necessary appliances, such as lights, refrigerators, and fans. The industrial segment is estimated to be the fastest growing end-user segment of the portable generator market.

On the basis of region, North America is the largest market for portable generator. Asia Pacific is expected to grow at the highest CAGR during the forecast period.

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Regional Analysis

The North America region has the largest market for portable generator. Growing demand from the industrial sector and ageing infrastructure result in power blackouts, driving the growth of the market in the region. Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The market in Asia Pacific is mainly driven by the increasing demand for reliable power supply, rising power generation capacity, and growth of manufacturing industries in the region. Prominent countries such as China, Japan and India are driving the portable generator market in the Asia Pacific region. China was the largest country level market for portable generator in the APAC region, followed by India and Japan.

Leading Players

The key players of global Portable Generator market are Honda Motor Co., Ltd (Japan), Briggs & Stratton Corporation (U.S.), Generac Power Systems, Inc. (U.S.), Yamaha Motor Corporation (Japan), Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), Kohler Co. (U.S.), Eaton Corporation Plc (Ireland), Champion Power Equipment, Inc. (U.S.), Siemens AG (Germany), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Wacker Neuson Group (Germany), SmarterTools Inc. (U.S.), and Atlas Copco (Sweden).

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

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Email: sales@marketresearchfuture.com

Portable Generator Market to Show a Significant Growth Along with Top Players and Outlook till 2023 | MRFR

Portable generators are used to supply electricity for the operation of small electrical appliances in the event of a power outage. Rapid increase in the demand-supply gap of electric power in developing economies is driving the growth of the market. Similarly, increasing number of live commercial events is fuelling the growth of the market. The major players in the market are hugely investing in R&D and coming up with technologically advanced products, which is positively influencing the growth of the market. However, growing adoption of energy storage technologies and stringent emission regulations for diesel engines are the factors that may hamper the growth of the market.

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Key Players

The key players in the global portable generator market are Honda Motor Co., Ltd (Japan), Briggs & Stratton Corporation (U.S.), Generac Power Systems, Inc. (U.S.), Yamaha Motor Corporation (Japan), Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), Kohler Co. (U.S.), Eaton Corporation Plc (Ireland), Champion Power Equipment, Inc. (U.S.), Siemens AG (Germany), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Wacker Neuson Group (Germany), SmarterTools Inc. (U.S.), and Atlas Copco (Sweden).

Segmentation

The global portable generator market segmented on the basis of power rating, application, end-user, fuel type and region.

Based on end-user segment, the market has been segmented into industrial, commercial, and residential. The residential segment accounted for the largest segment mainly due to increasing demand for in-house power backup.

Based on the power rating, the market is segmented into less than 3KW, 3 KW-10KW, and above 10 KW.

Generators with power rating more than 10kW power are widely used in industrial sector, owing to the need for greater power supply to run machines and industrial tools, which, in turn, is projected to drive the portable generators market.

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Regional Outlook

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America region dominates the global portable generator market. Aging grid substructure and natural calamities causes frequent power outages and continuously growing demand from industrial sector is fuelling the growth of the market in the region. The U.S. is the largest contributor in North America as well as the global portable generator market. Asia Pacific region is expected to grow at the highest CAGR during the forecast period, majorly due to factors such as the continuous growth of constructional and developmental activities. China, India, Japan, and Thailand are the key contributors to the Asia Pacific market. China accounts for the largest market share in the region due to rapid growth in the urbanization and industrial development.

View More Info @ https://bit.ly/2TsJc9G

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Portable Generator Market Business Overview, Challenges, Opportunities, Trends and Market Analysis By 2023 | MRFR

Portable generators are used to supply electricity for the operation of small electrical appliances in the event of a power outage. Rapid increase in the demand-supply gap of electric power in developing economies is driving the growth of the market. Similarly, increasing number of live commercial events is fuelling the growth of the market. The major players in the market are hugely investing in R&D and coming up with technologically advanced products, which is positively influencing the growth of the market. However, growing adoption of energy storage technologies and stringent emission regulations for diesel engines are the factors that may hamper the growth of the market.

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portable generator market Segments Analysis

Global portable generator market has been segmented based on fuel type, rated power, application, end-user, and region.

Based on fuel type, the market has been segmented into diesel, gas, and others. The gasoline segment accounted largest market share in 2016 and is expected to grow at the highest CAGR during the forecast period, mainly due to gasoline fuels being more compatible with small capacity engines.

Besides compatibility, the availability of fuel and clean operation are also the key factors for the growth of gasoline portable generators. Furthermore, stringent environmental norms to control the emission of hazardous gasses from diesel generators boost the growth of the gasoline portable generators.

Based on end-user, the market has been segmented into industrial, commercial, and residential. The residential segment accounted for the largest market share in 2016.

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Worldwide Analysis

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America region dominates the global portable generator market. Aging grid substructure and natural calamities causes frequent power outages and continuously growing demand from industrial sector is fuelling the growth of the market in the region. The U.S. is the largest contributor in North America as well as the global portable generator market. Asia Pacific region is expected to grow at the highest CAGR during the forecast period, majorly due to factors such as the continuous growth of constructional and developmental activities. China, India, Japan, and Thailand are the key contributors to the Asia Pacific market. China accounts for the largest market share in the region due to rapid growth in the urbanization and industrial development.

Prominent Players

The key players in the global portable generator market are Honda Motor Co., Ltd (Japan), Briggs & Stratton Corporation (U.S.), Generac Power Systems, Inc. (U.S.), Yamaha Motor Corporation (Japan), Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), Kohler Co. (U.S.), Eaton Corporation Plc (Ireland), Champion Power Equipment, Inc. (U.S.), Siemens AG (Germany), MTU Onsite Energy (U.S.), Honeywell International Inc. (U.S.), Wacker Neuson Group (Germany), SmarterTools Inc. (U.S.), and Atlas Copco (Sweden).

View More @ https://bit.ly/2TsJc9G

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com