A recent report published by Infinium Global Research on portable
generators market provides an in-depth analysis of segments and sub-segments in
the global as well as regional portable generators market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional portable generators market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and dollar
values of the global portable generators market. According to the report, the
global portable generators market is projected to grow at a CAGR of 7.0% over
the forecast period of 2019-2025.
Portable generators are generally utilized to generate electric
power in commercial, industrial, and domestic applications. These generators
are generating electricity to electrifying machinery in construction sites,
live commercial events, additional power supply during a power outage, and many
others are the applications covered in the study. Portable generators work by
using supplied fuel including gas or diesel. Other than the residential sector,
these kinds of generators have applications in various sectors including
commercial and infrastructure due to their easy and low-cost installation.
The global portable generators market is primarily driven by rapid
population growth coupled with the growing demand for electricity, most notably
across developing countries. Moreover, the medium and small scale industries
across the globe are growing rapidly, the regular supply for electricity these
industries are using a portable generator is expected to fuel the market growth
in the near future. However, environmental regulations for reducing carbon as
well as other hazardous gas emissions are expected to hinder the demand for the
global portable generators market. Nonetheless, the rising frequency of power
cut and power grid failures along with the growing urbanization is anticipated
to create a new opportunity for the global portable generators market.
The region, the global portable generators market is bifurcated
into Europe, North America, Latin America, Asia Pacific, and the Middle East
and Africa. The Asia Pacific held the largest revenue share for the global
portable generators market in 2018 owing to the rising use of the portable
generator in small shops for outdoor events. Moreover, for various kind of
family functions and various small to medium scale industries or companies
portable is mostly used as a supportive electricity supply if emergency
electricity failure. North America accounted for the second-largest market
share of portable generators market in 2018. On an account of Increase in
natural calamities in the region is hampering power usage due to that demand
for portable generators is increasing in the region. Portable generators are
generally used at mining sites and drilling sites in Latin America and the
Middle East & Africa due to the low availability of power supply.
The report on the global portable generators market covers
segments such as fuel type, power output, and application. On the basis of fuel
type, the sub-markets include diesel, and gasoline & others. On the basis
of power output, the sub-markets include 3-10kW, less than 3kW, and more than
10kW. On the basis of application, the sub-markets include domestic,
industrial, and commercial.
The report provides profiles of the companies in the market such
as Kohler-SDMO, Honda Motor Co. Ltd., Generac Holdings Inc., Yamaha Motor Co.
Ltd., Cummins Inc., Briggs and Stratton, Wacker Neuson Group, Caterpillar Inc.,
Kubota Corporation, and Atlas Copco AB.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the portable
generators market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.