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Portable Generator Market Overview
The industry overview gives thorough details about the size of the Market all the Market dynamics including strategies, Market revenue, pricing analysis, micro and macro Market trends and scenarios & Industry benchmarks. The region wise consumer preference, Market size & Industrial rivalry is also covered in detailed
Portable Generator Market size was valued at US$ 1.80 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 7.09% from 2022 to 2029, reaching nearly US$ 3.11 Bn.
Portable Generator Market Report Scope and Research Methodology
The Portable Generator Market size for individual segments were determined through various secondary sources including industry associations, white papers, and journals. Surveys, administering questionnaires and telephonic interviews with Portable Generator industry specialists, Market leaders, entrepreneurs and Marketing professionals were included in the primary methods. The PESTLE analysis was used to understand the potential impact of the micro-economic and macro-economic factors affecting the Portable Generator Market.
Dedicated study of the rivalry in the industry is covered, which includes Market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Portable Generator Market engineering and calculations for Market statistics; Market size estimations, Market forecasts, Market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Portable Generator Market size, the bottom-up approach was used.
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What are Portable Generator Market Scope?
Competitive analysis of the Portable Generator Market which gives insides to new players about sharks present in the Market with their financial health, revenue, technological advancements, mergers and acquisitions, recent developments, Marketing tactics, alliances, and joint ventures. The Portable Generator Market report consists of microanalysis with accurate illustrations, graphs and simple-to-grasp language which helps users to understand the key points and overall aspects of the industry, this report is carved using history, consumer habits, & Market volatility.
The Portable Generator Market report consists of the analysis of restraints, opportunities, challenges, and risks with the help of SWOT analysis and Porter's Five Forces analysis, which are standard & prominent full-proof methods to provide analysis of the Market.
What are Portable Generator Market Regional Insights?
The report assists in planning and implementing new strategies which are suitable and appropriately applicable according to specific countries and regions in the Market.
The detailed regional analysis provided in the report aids stakeholders, new entrants, investors, entrepreneurs, researchers, Market followers and players in an easy illustration of various elements of the Market, presenting a future outlook with expected risks and trends in the Market. A competitive regional analysis of the Portable Generator Market was conducted listing competitors in the Market along with new entrants. A comprehensive analysis is effective to gain a comprehensive understanding of the Market structure and growth strategies of various players.
What is Portable Generator Market Segmentation?
by Fuel Type
• Diesel
• Gasoline
• Natural Gas
• Others
The market is divided into diesel, petrol, natural gas, and others depending on the type of fuel used. By 2029, the petrol segment is anticipated to have the biggest market share. Short-term, irregular, or low-load applications are where portable gasoline generators are most frequently used. Petrol is the most extensively used and practical fuel, yet it is exceedingly combustible and risky to store in large quantities. Additionally, the cost of petrol (petrol) is high, but it is also the fuel that runs generators the longest on the least quantity of fuel. It is used in many different circumstances, including as crises, camping, and hunting. Petrol-powered generators run more quietly and produce fewer harmful carbon dioxide pollutants.
by Power Rating
• Less than 5kW
• 5–10kW
• Above 10kW
The market is divided into three categories based on power ratings: less than 5 kW, 5 kW to 10 kW, and above 10 kW. The 5-10kW power rating segment is anticipated to expand quickly at a CAGR between 2022 and 2029. A few examples of the equipment that can be powered by portable generators between 5 and 10 kW are pumps, air conditioners, drills, high-pressure washers, and industrial motors. More electricity is required for these devices to function. They mostly run on diesel, natural gas, and propane as fuels. The market for these generators is anticipated to grow due to increased awareness of indoor power backup and rising need for portable powering systems for outdoor recreational activities.
by End User
• Commercial
• Industrial
• Residential
The market is divided into three categories: commercial, industrial, and residential, depending on the end user. During the projected period of 2022-2029, the residential end user sector is anticipated to expand quickly at a CAGR. Residential end user segment growth is related to the instability of electrical networks. In the residential end-user market, the demand for portable generators is also fueled by areas that are susceptible to natural disasters and unexpected power outages. Portable generators with a 6 kW maximum power output are frequently used by residential end users. These generators are used in houses during emergencies to power various items like lights, refrigerators, sump pumps, heaters, TVs, and air conditioners. Camping trips and tailgating parties are two additional occasions to employ portable generators.
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Who are Portable Generator Market Key Players?
• Caterpillar, Inc.
• Cummins, Inc.
• Yamaha Motor Co., Ltd.
• Honda Siel Power Products Limited
• Kohler Co
• Atlas Copco
• Briggs & Stratton
• Generac
• Eaton
• Honeywell
• Siemens
• Wacker Neuson
• Kubota
• Champion
• Himoinsa
• Duromax
Table of content for the Portable Generator Market includes:
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Key Offerings:
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