Portable Generator Market
Portable Generator Market Size, Share & Trends Analysis Report by Fuel (Gasoline, Diesel, and Others), by Power Rating (Less Than 3 kW, 3–10 kW, and More Than 10 kW), and by End-User (Residential, Commercial, and Industrial) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Portable generator market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. A power outage is the loss of the electrical power network supply to an end user. There are many causes of power failures in an electricity network including faults at power stations, damage to electric transmission lines, substations, or other parts of the distribution system, a short circuit, cascading failure, fuse, or circuit breaker operation. Power failures are particularly critical at sites where the environment and public safety are at risk. Institutions such as hospitals, sewage treatment plants, and mines usually require backup power sources such as standby generators, for uninterrupted functioning. Other critical systems, such as telecommunication, are also required to have emergency power. Moreover, the battery room of a telephone exchange usually requires backup during extended periods of outage. Thus the growing demand for portable generators as a backup power supply in end-use industries and workplaces is the primary factor in driving the growth of the portable generator market.
Moreover, the growing e-commerce and entry of portable generators manufacturer into the online market is further pushing the demand for portable generators. For instance,in July 2022, Honda India Power Products Ltd., a power product manufacturer launched an exclusive e-commerce portal on its official website.
Segmental Outlook
The global portable generator market is segmented based on the fuel, power rating, and end-user. Based on the fuel, the market is segmented into gasoline, diesel, and others, which includes natural gases. Based on the power rating, the market is sub-segmented into less than 3 kW, 3–10 kW, and more than 10 kW. Based on the end-user, the market is sub-segmented into residential, commercial, and industrial.
Among the power rating segment, the less than 3 kW sub-segment is anticipated to hold a prominent share in the market during the forecast period. The factors such as increased use of portable generators in households to power important items such as lights, refrigerators, fans, and other appliances during power outages or poor weather conditions, and increased demand for portable powering systems in outdoor leisure activities are driving the demand for below 3 kW portable generator.
Regional Outlooks
The global portable generator market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Among these, the North America is anticipated to hold a prominent share in the owing to the presence of key market players including Caterpillar, Inc., and Cummins Inc., among others. On contrary, the Asia-Pacific region is expecetd to grow at a considerable CAGR over the forecast period, followed by the Rest of the World.
Global Portable Generator Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Grow at a Considerable CAGR over the Forecast Period
The Asia-Pacific region is expected to grow at a considerable CAGR over the forecast period across the globe. Thr primary factor contributing to the growth of the market includes the growing industrialization coupled with the increasing demand and use of portable generators across the region. Coutries such as India and others experiences frequent poer outages, thus to provide uninterrupted power suply the government and market players are adoption several strategic initiatives, which in turn to propel the market growth. For instance, in March 2020, GAIL India Ltd. invested around $567.9 billion over the next five years to expand the National Gas Pipeline Grid and city gas distribution network, which is likely to boost the demand for portable gasoline generators.
Market Players Outlook
The major companies serving the global portable generator market include Caterpillar Inc., Cummins Inc., Eaton Corp., Generac Power Systems, Inc., Yamaha Motor Corp., and Others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, Honda revealed its plans to initiate the sales of newly developed portable generator named EU32i. The products is equipped with dedicated engine with an maximum output of 3.2kVA. The sales has been started in European countries from March 2022.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global portable generator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Caterpillar Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cummins Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Eaton Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Generac Power Systems, Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Yamaha Motor Corp.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Portable Generator Market by Fuel
4.1.1. Gasoline
4.1.2. Diesel
4.1.3. Others
4.2. Global Portable Generator Market by Power Rating
4.2.1. Less than 3 kW
4.2.2. 3–10 kW
4.2.3. More than 10 kW
4.3. Global Portable Generator Market by End-User
4.3.1. Residential
4.3.2. Commercial
4.3.3. Industrial
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Atlas Copco
6.2. Briggs & Stratton Corp.
6.3. Calgary Just Companies Ltd.
6.4. Champion Power Equipment, Inc.
6.5. DuroMax Power Equipment
6.6. EcoFlow Inc.
6.7. Fujian Epos Electric Machinery Co., Ltd.
6.8. HIMOINSA S.L.
6.9. Honda India Power Products Ltd.
6.10. INMESOL S.L.U
6.11. Kohler Co.
6.12. MESA NATURAL GAS SOLUTIONS, LLC
6.13. Pulsar Products, Inc.
6.14. SereneLife Home, LLC
6.15. Shenzhen Poweroak Newener Co. Ltd.
6.16. Sichuan Leton Industry Co., Ltd.
6.17. Siemens Energy AG
6.18. Wacker Neuson SE
6.19. WEN Products
1. GLOBAL PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY FUEL, 2021-2028 ($ MILLION)
2. GLOBAL GASOLINE IN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL DIESEL IN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL OTHER FUELS IN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
6. GLOBAL PORTABLE GENERATOR OF LESS THAN 3 KW MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PORTABLE GENERATOR OF 3–10 KW MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL PORTABLE GENERATOR OF MORE THAN 10 KW MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
10. GLOBAL PORTABLE GENERATOR FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL PORTABLE GENERATOR FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL PORTABLE GENERATOR FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY FUEL, 2021-2028 ($ MILLION)
16. NORTH AMERICAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
17. NORTH AMERICAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
18. EUROPEAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY FUEL, 2021-2028 ($ MILLION)
20. EUROPEAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
21. EUROPEAN PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY FUEL, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
26. REST OF THE WORLD PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY FUEL, 2021-2028 ($ MILLION)
28. REST OF THE WORLD PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
29. REST OF THE WORLD PORTABLE GENERATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. GLOBAL PORTABLE GENERATOR MARKET SHARE BY FUEL, 2021 VS 2028 (%)
2. GLOBAL GASOLINE IN PORTABLE GENERATOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL DIESEL IN PORTABLE GENERATOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL OTHER FUELS IN PORTABLE GENERATOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL PORTABLE GENERATOR MARKET SHARE BY POWER RATING, 2021 VS 2028 (%)
6. GLOBAL PORTABLE GENERATOR OF LESS THAN 3 KW MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL PORTABLE GENERATOR OF 3-10 KW MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL PORTABLE GENERATOR OF MORE THAN 10 KW MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL PORTABLE GENERATOR MARKET SHARE BY END-USER, 2021 VS 2028 (%)
10. GLOBAL PORTABLE GENERATOR FOR RESIDENTIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL PORTABLE GENERATOR FOR COMMERCIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL PORTABLE GENERATOR FOR INDUSTRIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL PORTABLE GENERATOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
16. UK PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD PORTABLE GENERATOR MARKET SIZE, 2021-2028 ($ MILLION)
