Global Portable Generator Market 2020-2024

Global Portable Generator Market 2020-2024

The publisher has been monitoring the portable generator market and it is poised to grow by $ 680.03 mn during 2020-2024, progressing at a CAGR of 2% during the forecast period. The report on portable generator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the unreliable power grid infrastructure in developing countries, major power blackouts due to natural disasters and a surge in non-residential construction activities across the globe. In addition, unreliable power grid infrastructure in developing countries is anticipated to boost the growth of the market as well.

The portable generator market analysis includes end-user segment and geographical landscapes.

The portable generator market is segmented as below:

By End-user

• Residential
• Commercial
• Industrial and infrastructure

By Type

• Diesel
• Gas

By Geographical Landscapes

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the emergence of dual fuel generator technology as one of the prime reasons driving the portable generator market growth during the next few years. Also, rising preference for gas as a fuel source for generators and advent of Bluetooth-enabled generators will lead to sizable demand in the market.

The report on portable generator market covers the following areas:

• Portable generator market sizing
• Portable generator market forecast
• Portable generator market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable generator market vendors that include Atlas Copco AB, Briggs & Stratton Corp., Caterpillar Inc., Cummins Inc., Eaton Corp. Plc, Generac Power Systems Inc., Honda Motor Co. Ltd., Kohler Co., ViacomCBS Inc., and Yamaha Motor Co. Ltd. Also, the portable generator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.