IMARC Group, a leading market research company, has recently releases report titled “Portable Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global portable generator market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the portable generator market?
Report Attributes | Details |
Market Size in 2022 | US$ 4.9 Billion |
Market Forecast in 2028 | US$ 7.2 Billion |
Growth rate (2023 to 2028) | CAGR of 6.4% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
A portable generator refers to a gas and diesel-powered backup device that provides a temporary power supply for non-hardwired and stand-alone applications. It consists of numerous components, including an alternator, starter, fuel tank, outlets, and internal combustion engine, which are mounted onto a single metal frame. The portable generator directly powers electrical instruments, such as fridges, fans, bulbs, televisions (TVs), and refrigerators, and gives electricity during emergency power outages. As it is cost-effective and mobile and can be moved from one place to another, this device is used across numerous industries across the globe.
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What are the growth prospects and trends in the Portable Generator industry?
A portable generator refers to a gas and diesel-powered backup device that provides a temporary power supply for non-hardwired and stand-alone applications. It consists of numerous components, including an alternator, starter, fuel tank, outlets, and internal combustion engine, which are mounted onto a single metal frame. The portable generator directly powers electrical instruments, such as fridges, fans, bulbs, televisions (TVs), and refrigerators, and gives electricity during emergency power outages. As it is cost-effective and mobile and can be moved from one place to another, this device is used across numerous industries across the globe.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Fuel Type:
- Portable Diesel Generators
- Portable Gas Generators
- Others
Breakup by Application:
- Residential
- Commercial
- Industrial
- Infrastructure
Breakup by Power Output:
- Less than 3 kW
- 3-10kW
- More than 10kW
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Briggs & Stratton Corporation
- Cummins, Inc.
- Honda Motor Co., Ltd.
- Eaton Corporation PLC
- Generac Power Systems, Inc.
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