Global Portable Generator Market to Amount to USD 6 Bn by 2022, Expects IMARC Group in Its In-Demand Report Available at MarketPublishers.com08 Jan 2018 • by Natalie Aster
LONDON – The world’s market for portable generators climbed to the value of USD 4 billion in the year 2016. Robust growth in the portable generator market is propelled by the rapid industrialisation, continued expansion of the construction market (especially in the APAC region), robust urbanisation, shortage of power supply and also strong demand from the key end-use sectors. still, the market growth could be considerably hampered by strict environmental regulations adopted in many countries in order to reduce emissions of hazardous gases.
The world’s portable generator market is anticipated to continue increasing through to 2022, registering a 7% CAGR. By 2022, the value of this market is set to amount to the value of USD 6 billion.
Presently, the APAC region grabs the largest share of the worldwide market for portable generators.
Top players operating in the worldwide portable generator market include Briggs & Stratton Corporation, Honda Motor, Cummins, Generac Power Systems and Eaton Corporation.
The in-demand research study “Portable Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” prepared by IMARC Group gives in-depth insights into the landscape and dynamics of the world’s portable generator market, covering all the essential aspects pertaining to the market performance. Moreover, this research report offers access to vital data on the market historical background, current performance, major influencing forces, regulative framework and prevailing trends. Furthermore, this research study explores the market performance across various geographies, examines the competitive landscape, provides info on the leading companies active in this market, reviews the recent industry developments and also provides a profound analysis of the market segments with details on size, shares and growth rates. Additionally, this report comprises SWOT analysis, Value chain analysis, Porter’s five forces analysis. A comprehensive future outlook through to 2022 is at hand in this study.
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