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Portable Generator Market Size is Predicted to Hit US$ 7.01 Billion by 2030

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The portable generator market size is expected to reach USD 7.01 billion by 2030. It is anticipated to grow with a healthy CAGR of 5.34% from 2021 to 2030.

In 2022, the portable generator market study provides crucial information on market share, market size, growth rate analysis Y-O-Y, production, consumption, and sales analysis for the forecast period 2021 to 2030. The report contains 150+ pages with detailed analysis.

An electrical generator is a device that operates on the principle of EMI or electromagnetic induction to produce electrical energy from mechanical energy. For instance, turbine rotation with the help of force created by falling water, hand crank, wind turbine, an internal combustion engine, solar energy, or any other comparable source. Generators are classified into portable and stationary generators. Portable units are not intended for permanent fitting instead are meant to momentarily energize a limited critical application thru external cords. Further, they operate with stand-alone applications. Portable residential generators find usage to supply vital home power requirements during power-outages, for running cabin appliances, or for power tools requiredthroughout projects. Recreational generators are transportable and are lighter and make less sound. Furthermore, these units are frequently traded to outdoor enthusiasts. Several models of portable units can be fueled by means of one or more of explicit energy sources such as diesel, gasoline, bio-diesel, propane or natural gas. Maximum portable units are air-cooled and henceforth ought to be functioned in the open for attaining air ventilation.

Growth Factors

Cumulative acceptance of portable generators due to a rapidly expanding construction sector is fueling growth of portable generator market. Portable units are typically used when backup power requirements are low or only momentary. These assist as handy accessories in residential applications tooffer energy for sump pumps, lighting, particular essential appliances such as refrigerators and air conditioners, and vital medical equipment. Furthermore, portable generators are used infarms, construction sites, motor homes, camping trips and recreation vehicles among others. These generators usually find application in trailers where there is need for small power output. Due to compact and lightweight features, they can be accessibly stored in the backside of a tow vehicle or the trailer compartment. Increasing digital revolution owed to technological advancement in IT area followed by virus outstretched has caused in unexpected increase in industry automation.

Growing responsiveness of global warming has occasioned in rising need for portable generators based on a sustainable energy source such as biofuel. Biofuel has chemical appearances comparable to that of petroleum-based fuels and henceforth, it can be employed as a direct alternative for diesel fuel. Additionally, biofuel proposes energy independence to nations such as Italy and Japan who import natural gas and petroleum from other nations. Biofuel is produced from sources such as canola, soybean, corn, animal fats and used cooking oil. Increasing requirement for biofuel powered generators is expected to offer lucrative opportunity to market participants during years to come.

Market Scope:

Report Highlights Details
Market Size US$ 7.01 Billion by 2030
Growth Rate CAGR of 5.34% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

COVID-19 Impact:

The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The portable generator report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.

Regional Snapshots

Portable generators are utilized in small shops throughout several outdoor functions and events and in Asia Pacific. APAC is predicted to grasp majority of the market share and expected to uphold this dominance during years to come. After Asia Pacific, North America accounted for considerable stake in the portable generators market. Upsurge in natural calamities in this region in the form of hurricanes are hindering power usage. This in turn flourishes the sale of portable generators across this region. Furthermore, portable generators find application in mining sites and drilling sitesLatin America and in Middle East & Africa due to the less obtain ability of power supply.

Key Players:

The portable generator market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.

Some of the prominent players in the portable generator market include:

  • Cummins, Inc
  • Generac Power Systems Inc
  • Kohler Co
  • Multiquip, Inc
  • WINCOWackerNeuson SE
  • Harrington Generators International Ltd
  • Briggs & Stratton Corporation
  • Caterpillar Inc
  • Honda Siel Power Products Ltd.

Market Segmentation

By Application

  • Emergency
  • Prime/Continuous

By Based on Fuel

  • Gasoline (Petrol)
  • Diesel
  • Natural Gas
  • Others (LPG, Propane, and Biodiesel)

By Power Rating

  • Below 5 kW
  • 5–10 kW
  • 10–20 kW

By End User

  • Residential
  • Commercial
  • Industrial

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

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Frequently Asked Questions?

  • What is the total market value?
  • What will be the growth in 2030?
  • What are the key trends in the market?
  • What are the major players in portable generator markets?
  • What are the key growth strategies of industry players?
  • Which region would offer a higher growth?
  • What are the countries included in the rest of the word segments?
  • How can I get report sample?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Portable Generator Market

5.1. COVID-19 Landscape: Portable Generator Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Portable Generator Market, By Product

8.1. Portable Generator Market, by Product Type, 2021-2030

8.1.1. Diesel

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Gaseous

8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Portable Generator Market, By Application

9.1. Portable Generator Market, by Application, 2021-2030

9.1.1. Commercial

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Residential

9.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Portable Generator Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

Chapter 11. Company Profiles

11.1. Cummins, Inc

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Generac Power Systems Inc

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Kohler Co

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Multiquip, Inc

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. WINCOWackerNeuson SE

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Harrington Generators International Ltd

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Briggs & Stratton Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Caterpillar Inc

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Honda Siel Power Products Ltd.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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