Portable Generator Market - Forecasts from 2019 to 2024
The portable generator market is projected to witness a CAGR of 27.20% to reach US$2,608.231 million by 2024, from US$1,855.914 million in 2018. A portable generator is a diesel or gas-powered device which provides temporary electric supply. Growing demand for generating electricity for live commercial events is boosting the demand for portable generators significantly. While the growing construction activities across different regions is further bolstering the demand for portable generators to electrify machinery at construction sites, thus positively impacting market growth.
Although technological advancements in generators will offer growth opportunities for the portable generators market during the forecast period, stringent environmental regulations regarding emission of hazardous gases from these generators will hinder the growth of portable generators market to some extent. Geographically, Asia-Pacific is projected to grow at a significant rate on account of the rising industrialization and infrastructural developments in countries like India and China.
DRIVERS
Rising manufacturing activities in emerging countries.
RESTRAINTS
Adoption of other energy storage technologies.
INDUSTRY UPDATE
In September 2018, GenTent Safety Canopies, LLC., expanded their original equipment manufacturer (OEM) agreement with Champion Power Equipment to include new hardware to cover Champion’s inverter class portable generators.
In July 2017, Atlas Copco launched two new invertor power generators. They are light in weight and high in efficiency.
The major players profiled in the Portable Generator market include Generac Power System Inc., Briggs and Stratton Corporation, Caterpillar, Honda Siel Power Products Ltd., Smarter Tools Inc., Champion Power Equipment, Atlas Copco (India) Ltd., Yamaha Motor Corporation, WINCO, and Kohler Co.
Segmentation
The portable generator market has been analyzed through the following segments:
By Power Rating
5 kW
5-10 kW
10 kW and Above
By Fuel Type
Diesel
Gasoline
Natural Gas
By End User
Commercial
Residential
Industrial
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
Although technological advancements in generators will offer growth opportunities for the portable generators market during the forecast period, stringent environmental regulations regarding emission of hazardous gases from these generators will hinder the growth of portable generators market to some extent. Geographically, Asia-Pacific is projected to grow at a significant rate on account of the rising industrialization and infrastructural developments in countries like India and China.
DRIVERS
Rising manufacturing activities in emerging countries.
RESTRAINTS
Adoption of other energy storage technologies.
INDUSTRY UPDATE
In September 2018, GenTent Safety Canopies, LLC., expanded their original equipment manufacturer (OEM) agreement with Champion Power Equipment to include new hardware to cover Champion’s inverter class portable generators.
In July 2017, Atlas Copco launched two new invertor power generators. They are light in weight and high in efficiency.
The major players profiled in the Portable Generator market include Generac Power System Inc., Briggs and Stratton Corporation, Caterpillar, Honda Siel Power Products Ltd., Smarter Tools Inc., Champion Power Equipment, Atlas Copco (India) Ltd., Yamaha Motor Corporation, WINCO, and Kohler Co.
Segmentation
The portable generator market has been analyzed through the following segments:
By Power Rating
5 kW
5-10 kW
10 kW and Above
By Fuel Type
Diesel
Gasoline
Natural Gas
By End User
Commercial
Residential
Industrial
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. PORTABLE GENERATOR MARKET BY POWER RATING
5.1. 5 Kw
5.2. 5-10 kW
5.3. 10 kW and above
6. PORTABLE GENERATOR MARKET BY FUEL TYPE
6.1. Diesel
6.2. Gasoline
6.3. Natural gas
7. PORTABLE GENERATOR MARKET BY END USER
7.1. Commercial
7.2. Residential
7.3. Industrial
8. PORTABLE GENERATOR MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Generac Power System Inc.
10.2. Briggs and Stratton Corporation
10.3. Caterpillar
10.4. Honda Siel Power Products Ltd.
10.5. Smarter Tools Inc.
10.6. Champion Power Equipment
10.7. Atlas Copco (India) Ltd.
10.8. Yamaha Motor Corporation
10.9. WINCO
10.10. Kohler Co.
10.11. Siemens
10.12. Eaton
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. PORTABLE GENERATOR MARKET BY POWER RATING
5.1. 5 Kw
5.2. 5-10 kW
5.3. 10 kW and above
6. PORTABLE GENERATOR MARKET BY FUEL TYPE
6.1. Diesel
6.2. Gasoline
6.3. Natural gas
7. PORTABLE GENERATOR MARKET BY END USER
7.1. Commercial
7.2. Residential
7.3. Industrial
8. PORTABLE GENERATOR MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Generac Power System Inc.
10.2. Briggs and Stratton Corporation
10.3. Caterpillar
10.4. Honda Siel Power Products Ltd.
10.5. Smarter Tools Inc.
10.6. Champion Power Equipment
10.7. Atlas Copco (India) Ltd.
10.8. Yamaha Motor Corporation
10.9. WINCO
10.10. Kohler Co.
10.11. Siemens
10.12. Eaton
LIST OF FIGURES
LIST OF TABLES
