The global portable generator market reached a value of US$ 4.6 billion in 2021. Looking forward, the market is projected to reach US$ 6.7 billion by 2027, exhibiting a CAGR of 6.49% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
Portable generators are backup devices designed to provide temporary AC power for non-hardwired, stand-alone applications. These generators consist of internal combustion engine, starter, alternator, fuel tank and outlets which are assembled together onto a metal frame in a single unit. Low-end models of portable generators support few basic home appliances, whereas, the high-end models can provide power backup to the whole house. Nowadays, portable generators are gaining traction among the consumers as they are cost-effective and can be easily moved from one place to another.
Global Portable Generator Market Drivers/Constraints:
Portable generators are used at construction sites to operate power tools, namely paint sprayers, air compressors, drills, saws, etc. to provide optimal output with minimal fuel consumption.
The growing urbanisation coupled with increasing frequency of power grid failures has led the consumers to opt for portable generators, particularly for residential applications, so as to ensure uninterrupted electricity supply.
The governments in various countries have implemented stringent regulations regarding the negative environmental impact of portable generators. As a result, the manufacturers are introducing generators with lower greenhouse gas emissions.
The availability of alternative power backup systems such as inverters, UPS systems, solar generator and solar energy systems poses a major threat to the growth of the global portable power generator market as these systems are often more environment-friendly and easier to maintain.
Competitive Landscape
The global portable generator industry is fragmented as there are a large number of players present at both the regional and global level. Some of the leading players operating in the market are:
Briggs & Stratton Corporation
Cummins, Inc.
Honda Motor Co., Ltd.
Eaton Corporation PLC
Generac Power Systems, Inc.
This report provides a deep insight into the global portable generator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the portable generator market in any manner.
Key Questions Answered in This Report
How has the global portable generator market performed so far and how will it perform in the coming years?
What are the key regions in the global portable generator market?
What has been the impact of COVID-19 on the global portable generator market?
Which are the various types of fuel in the global portable generator market?
What are the key application segments in the global portable generator market?
What are the major power output segments in the global portable generator market?
What are the various stages in the value chain of the global portable generator market?
What are the key driving factors and challenges in the global portable generator market?
What is the structure of the global portable generator market and who are the key players?
What is the degree of competition in the global portable generator market?
How is portable generator manufactured?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Portable Generator Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Fuel Type 5.5 Market Breakup by Application 5.6 Market Breakup by Power Output 5.7 Market Breakup by Region 5.8 Market Forecast 5.9 SWOT Analysis 5.10 Value Chain Analysis 5.11 Porters Five Forces Analysis
8 Market Breakup by Power Output 8.1 Less than 3 kW 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 3-10kW 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 More than 10kW 8.3.1 Market Trends 8.3.2 Market Forecast
9 Market Breakup by Region
10 Portable Generator Manufacturing Process 10.1 Product Overview 10.2 Raw Material Requirements 10.3 Manufacturing Process 10.4 Key Success and Risk Factors
11 Competitive Landscape 11.1 Market Structure 11.2 Key Players 11.3 Profiles of Key Players 11.3.1 Briggs & Stratton Corporation 11.3.1.1 Company Overview 11.3.1.2 Description 11.3.1.3 Product Portfolio 11.3.1.4 Financials 11.3.1.5 SWOT Analysis 11.3.2 Cummins Inc. 11.3.2.1 Company Overview 11.3.2.2 Description 11.3.2.3 Product Portfolio 11.3.2.4 Financials 11.3.2.5 SWOT Analysis 11.3.3 Honda Motor Co., Ltd. 11.3.3.1 Company Overview 11.3.3.2 Description 11.3.3.3 Product Portfolio 11.3.3.4 Financials 11.3.3.5 SWOT Analysis 11.3.4 Eaton Corporation PLC 11.3.4.1 Company Overview 11.3.4.2 Description 11.3.4.3 Product Portfolio 11.3.5 Generac Power Systems, Inc. 11.3.5.1 Company Overview 11.3.5.2 Description 11.3.5.3 Product Portfolio