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Portable Generators Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5741650
A portable generator is a device that provides electrical power in locations where electricity is unavailable or needed temporarily. Typically powered by gas or diesel, it is designed to be easily transportable and measures power in hours of use rather than days. These generators operate by running a gas-powered engine that turns an on-board alternator, generating electrical power. Widely used on work and leisure sites, portable generators offer a convenient source of temporary electric power.

The main types of portable generators are conventional portable generators and inverter portable generators. Inverter portable generators have variable speeds depending on the required power for a task, allowing for increased fuel efficiency. Some models have fixed speed set points to manage frequent load changes as small loads turn on and off. Portable generators use fuels such as diesel, gas, and others, catering to residential, commercial, and industrial end users.

The portable generator market research report is one of a series of new reports that provides portable generator market statistics, including portable generator industry global market size, regional shares, competitors with a portable generator market share, detailed portable generator market segments, market trends and opportunities, and any further data you may need to thrive in the portable generator industry. This portable generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The portable generators market size has grown steadily in recent years. It will grow from $5.14 billion in 2023 to $5.37 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth observed in the historical period can be attributed to factors such as the rise in power outages, growth in the construction industry, increased participation in outdoor activities, a surge in demand for home power backup solutions, and government support initiatives.

The portable generators market size is expected to see steady growth in the next few years. It will grow to $6.33 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The anticipated growth in the forecast period can be attributed to factors like the increasing prevalence of remote work, aging grid infrastructure, environmental regulations driving the need for reliable power sources, and rising disposable income. Notable trends expected in the forecast period encompass the emergence of hybrid and dual-fuel generators, the integration of smart generator technology, the development of solar-powered portable generators, the adoption of eco-friendly generators, and the integration of lithium-ion batteries in generator systems.

The portable generators market is experiencing growth, driven by the increasing rate of urbanization and the rising frequency of power grid failures. Many countries face challenges in proper grid infrastructure, leading to inadequate power supply in residential and industrial areas. Portable generators offer a reliable power source during blackouts, ensuring continuous electricity supply for both residential and industrial applications. Concerns about power instability due to natural disasters further contribute to the growing demand for portable generators. According to The World Bank, urbanization is on the rise, with 4.4 billion people, or 56% of the world's population, residing in urban areas. This trend is expected to continue, leading to an increased demand for portable generators by 2050.

The portable generator market is expected to be fueled by the growing demand for consumer electronics. Consumer electronics, used by end-users on a daily basis, often rely on portable generators for power supply. The India Cellular & Electronics Association (ICEA) reports a potential value of US$ 100 billion in laptop and tablet manufacturing in India by 2025. With a surge in smartphone shipments and increasing market revenue, the demand for portable generators as efficient and cost-effective electricity sources for consumer electronics is expected to rise.

The use of bi-fuel portable generators is a notable trend in the market. Manufacturers are investing in technological advancements to develop bi-fuel technology, which combines two fuel types, such as diesel and natural gas. Bi-fuel generators offer fuel efficiency, extended running times, and enhanced reliability. They also address environmental concerns by emitting fewer pollutants compared to standard diesel generators. Generac’s Bi-Fuel generators, for example, are EPA certified, emitting approximately 30% fewer nitrogen oxides and 50% less particulate matter than comparable diesel-only units.

Major companies in the portable generators market are concentrating on innovative technologies to decrease charging time and meet consumer demand. The introduction of mini portable power stations, compact devices providing a portable power source, exemplifies this effort. EcoFlow, a US-based provider of portable power and renewable energy solutions, launched the DELTA mini portable power station in September 2021. This device, featuring patented X-Stream AC fast recharge technology, can rapidly charge devices, reaching 80% charge within one hour and 100% charge in 1.6 hours using standard AC outlets - the fastest charging speed available in the market. Additionally, the DELTA mini includes a built-in smart inverter or adapter, eliminating the need for consumers to carry an additional charger brick.

In September 2021, SimpliPhi Power, a US-based distributed battery energy storage provider, acquired Briggs & Stratton for an undisclosed amount. This acquisition aims to enhance SimpliPhi Power's product portfolio in the portable generator market. Briggs & Stratton Corporation, a US-based company specializing in gasoline engines and portable generators, brings additional expertise and resources to further strengthen the market presence of SimpliPhi Power.

Major companies operating in the portable generators market include YellowScan, Kohler Co., General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell International Inc., Generac Power Systems Inc., Eaton PLC, Briggs & Stratton Corporation, Atlas Copco (India) Ltd., WackerNeuson SE., WIN Co., Harrington Generators International Ltd., Multiquip Inc., Kirloskar Electric Co. Ltd., Stanley Black & Decker Inc., STEPHILL GENERATORS Ltd., Techtronic Industries Co. Ltd., Honda Power Equipment, WEN Products, Westinghouse Electric Corporation, DuroMax Power Equipment, Firman Power Equipment, Doosan Portable Power, Ingersoll Rand, Himoinsa S.L., Pramac Co., Ryobi Limited, DeWalt Inc., Greenworks Tools, ECHO Incorporated, Lifan Power USA, All Power America LLC

Asia-Pacific was the largest region in the portable generators market in 2023. North America was the second largest region in the electrical and electronics market. The regions covered in portable generator report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the portable generators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The portable generator market consists of sales of air cooled generator set, PTO generator, electric start generator, digital inverter generator. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Portable Generators Market Characteristics3. Portable Generators Market Trends And Strategies
4. Portable Generators Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Portable Generators Market Size and Growth
5.1. Global Portable Generators Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Portable Generators Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Portable Generators Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Portable Generators Market Segmentation
6.1. Global Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Diesel
Gas
Other Fuel Types
6.2. Global Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Conventional Portable Generator
Inverter Portable Generator
6.3. Global Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Commercial
Industrial
7. Portable Generators Market Regional And Country Analysis
7.1. Global Portable Generators Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Portable Generators Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Portable Generators Market
8.1. Asia-Pacific Portable Generators Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Portable Generators Market
9.1. China Portable Generators Market Overview
9.2. China Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Portable Generators Market
10.1. India Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Portable Generators Market
11.1. Japan Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Portable Generators Market
12.1. Australia Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Portable Generators Market
13.1. Indonesia Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Portable Generators Market
14.1. South Korea Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Portable Generators Market
15.1. Western Europe Portable Generators Market Overview
15.2. Western Europe Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Portable Generators Market
16.1. UK Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Portable Generators Market
17.1. Germany Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Portable Generators Market
18.5. France Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Portable Generators Market
19.9. Italy Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Portable Generators Market
20.13. Spain Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Portable Generators Market
21.1. Eastern Europe Portable Generators Market Overview
21.2. Eastern Europe Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Portable Generators Market
22.1. Russia Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Portable Generators Market
23.1. North America Portable Generators Market Overview
23.2. North America Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Portable Generators Market
24.1. USA Portable Generators Market Overview
24.2. USA Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Portable Generators Market
25.1. Canada Portable Generators Market Overview
25.2. Canada Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Portable Generators Market
26.1. South America Portable Generators Market Overview
26.2. South America Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Portable Generators Market
27.1. Brazil Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Portable Generators Market
28.1. Middle East Portable Generators Market Overview
28.2. Middle East Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Portable Generators Market
29.1. Africa Portable Generators Market Overview
29.2. Africa Portable Generators Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Portable Generators Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Portable Generators Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Portable Generators Market Competitive Landscape And Company Profiles
30.1. Portable Generators Market Competitive Landscape
30.2. Portable Generators Market Company Profiles
30.2.1. YellowScan
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Kohler Co.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. General Electric Company
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Caterpillar Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Cummins Inc
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Portable Generators Market Competitive Benchmarking32. Global Portable Generators Market Competitive Dashboard33. Key Mergers And Acquisitions In The Portable Generators Market
34. Portable Generators Market Future Outlook and Potential Analysis
34.1 Portable Generators Market In 2028 - Countries Offering Most New Opportunities
34.2 Portable Generators Market In 2028 - Segments Offering Most New Opportunities
34.3 Portable Generators Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Portable Generators Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on portable generators market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for portable generators? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Fuel Type: Diesel; Gas; Other Fuel Types 2) By Product Type: Conventional Portable Generator; Inverter Portable Generator 3) By End-User: Residential; Commercial; Industrial
  • Companies Mentioned: YellowScan; Kohler Co.; General Electric Company; Caterpillar Inc.; Cummins Inc.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • YellowScan
  • Kohler Co.
  • General Electric Company
  • Caterpillar Inc.
  • Cummins Inc.
  • Honeywell International Inc.
  • Generac Power Systems Inc.
  • Eaton Plc
  • Briggs & Stratton Corporation
  • Atlas Copco (India) Ltd.
  • WackerNeuson SE.
  • WIN Co.
  • Harrington Generators International Ltd.
  • Multiquip Inc.
  • Kirloskar Electric Co. Ltd.
  • Stanley Black & Decker Inc.
  • STEPHILL GENERATORS LTD
  • Techtronic Industries Co. Ltd.
  • Honda Power Equipment
  • WEN Products
  • Westinghouse Electric Corporation
  • DuroMax Power Equipment
  • Firman Power Equipment
  • Doosan Portable Power
  • Ingersoll Rand
  • Himoinsa S.L.
  • Pramac Co.
  • Ryobi Limited
  • DeWalt Inc.
  • Greenworks Tools
  • ECHO Incorporated
  • Lifan Power USA
  • All Power America LLC

Methodology

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