Portable Generators - Global Market Trajectory & Analytics

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.