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Portable Generators - Global Market Trajectory & Analytics

  • ID: 4805719
  • Report
  • February 2022
  • Region: Global
  • 554 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Atlas Copco AB
  • Caterpillar, Inc.
  • Champion Power Equipment
  • Eaton Corporation PLC
  • Honda Motor Co., Ltd.
  • Kohler Co.

Global Portable Generators Market to Reach $3 Billion by 2027


Amid the COVID-19 crisis, the global market for Portable Generators estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at aCAGR of 3.8% over the period 2020-2027. Emergency, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Prime/continuous segment is readjusted to a revised 4.5% CAGR for the next 7-year period.



The U.S. Market is Estimated at $750.5 Million, While China is Forecast to Grow at 5.6% CAGR


The Portable Generators market in the U.S. is estimated at US$750.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$445.7 Million by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 69 Featured) -

  • Atlas Copco AB
  • Briggs & Stratton Corporation
  • Caterpillar, Inc.
  • Champion Power Equipment
  • Eaton Corporation PLC
  • Generac Power Systems, Inc.
  • Honda Motor Co., Ltd.
  • Honeywell International, Inc.
  • Kohler Co.
  • Kubota Corporation
  • Siemens AG
  • Wacker Neuson SE
  • Yamaha Motor Co., Ltd.
Frequently Asked Questions about the Global Market for Portable Generators

What is the estimated value of the Global Market for Portable Generators?

The Global Market for Portable Generators was estimated to be valued at $2.3 Billion in 2020.

What is the growth rate of the Global Market for Portable Generators?

The growth rate of the Global Market for Portable Generators is 3.9%, with an estimated value of $3.0 Billion by 2027.

What is the forecasted size of the Global Market for Portable Generators?

The Global Market for Portable Generators is estimated to be worth $3.0 Billion by 2027.

Who are the key companies in the Global Market for Portable Generators?

Key companies in the Global Market for Portable Generators include Atlas Copco AB, Briggs & Stratton Corporation, Caterpillar, Inc., Champion Power Equipment, Eaton Corporation PLC, Generac Power Systems, Inc., Honda Motor Co., Ltd., Honeywell International, Inc. and Kubota Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Atlas Copco AB
  • Caterpillar, Inc.
  • Champion Power Equipment
  • Eaton Corporation PLC
  • Honda Motor Co., Ltd.
  • Kohler Co.

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • A Prelude to Portable Generators
  • Portable Generators: Global Growth Prospects and Outlook
  • Diesel Generators Dominate the Market
  • Gasoline Generators to Witness the Fastest Growth
  • Prime/Continuous Power Generators to Grow at the Fastest Rate
  • Residential Sector: Largest End-Use Market
  • Demographics & Societal Developments Accelerate Demand for Portable Residential Generators
  • Major Demand Drivers for Residential Generators (2016 & 2030): Urban Population, Middle Class, and Single Person Households
  • Replacement Demand to Sustain Demand for Residential Generators in Mature Developed Markets
  • Growing Investments in Smart Homes Drive Strong Business Case
  • Global Smart Homes Market by Category in US$ Billion for the Years 2018, 2020 and 2022
  • Number of Smart Homes Worldwide (in ‘000 Households) by Select Country for Years 2015 & 2020
  • US Dominates, Asia-Pacific to Witness Fastest Market Growth
  • Top 10 Portable Generator Models: 2019
  • Portable Generators – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 69 Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Increasing Number of Weather-related Power Outages
  • Value Lost Due to Electrical Outages as a % of Sales of Affected Firms
  • Weather-related Power Outages in Recent Years
  • Total Service Lost (in Million Customer Hours) from Recent Power Outages Due to Storms in the US: As of April 2018
  • List of Major Power Outages That Affected Global Power Supply for 2015 & 2016
  • Impact of Heat Waves on Grid Stability
  • Impact of Severe Weather on Security Systems
  • Detroit Gears Up to Enhance Power Grid Security
  • Rising Demand for Portable and Onsite Generators
  • Exponential Increase in Global Population, and Heavily Burdened Electric Power Infrastructure Benefit Market Expansion
  • World Population by Geographic Region (2000-2050) (in Millions)
  • Projected Global Demand for Primary Energy (M Toe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Average Age of Electricity Plants in the United States as Percentage (%) of Total Energy Generation Capacity: 2016
  • Global Economic Environment Influences Demand Dynamics in the Portable Generators Market
  • Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
  • Exponential Increase in Urbanization Rate: A Mega Trend Favoring Market Expansion
  • World and Urbanization Rate (%) by Region/Country: 2016 & 2040
  • Need for Continuous Power Supply Drive Widespread Adoption of Portable Generators
  • Rise in Construction Activity to Drive Market Growth-
  • Projected Increase in Construction Investments Favors Portable Generators Market: World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Technological Advancements Drive Portable Generators
  • Select Top Portable Generators with Wireless Remote Start Functionality
  • Increasing Demand for Biofuel Portable Generators
  • Growing Popularity of Automatic, Intelligent, and Smart Generators Drive Healthy Market Growth
  • Advanced Technology and Connectivity Make Residential Generators Smarter
  • Automatic Generators Integrated with Smart Technologies
  • Evolving Smart Cities Necessitates Continuous Power Supply, Driving the Demand for Portable Generator
  • Global Spending on Smart City Infrastructure by End-Use (2017 & 2020): Breakdown of Spend (Hardware, Software, and Services) in US$ Billion for Buildings & Homes, Education, Industry Automation, Power Supply, Security, and Others
  • Number of Smart Cities Worldwide (2013-2020)
  • Select Product Innovations and Launches
  • Stringent Environmental Regulations to Limit Carbon Emissions Restrain Market Growth

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRAN


ISRAEL


SAUDI ARABIA


UNITED ARAB EMIRATES


REST OF MIDDLE EAST

AFRICA

  • Portable Generators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 69
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Atlas Copco AB
  • Briggs & Stratton Corporation
  • Caterpillar, Inc.
  • Champion Power Equipment
  • Eaton Corporation PLC
  • Generac Power Systems, Inc.
  • Honda Motor Co., Ltd.
  • Honeywell International, Inc.
  • Kohler Co.
  • Kubota Corporation
  • Siemens AG
  • Wacker Neuson SE
  • Yamaha Motor Co., Ltd.
Note: Product cover images may vary from those shown