Portable Generator Market Research Report Categorizes by Fuel Type (Gasoline, Diesel, Gas), Application (Emergency, Continuous), Power Rating (<5 kW, 5–10 kW, > 10 KW), End-User (Residential, Commercial, Industrial), and Geography
- Advertising -
The report "Portable Generator Market by Fuel Type (Gasoline, Diesel, Gas), Application (Emergency, Continuous), Power Rating (<5 kW, 5–10 kW, > 10 kW), End-User (Residential, Commercial, Industrial), and Region - Global Forecast to 2022", The portable generator market is expected to grow from an estimated USD 1.91 Billion in 2017 to USD 2.28 Billion by 2022, at a CAGR of 3.66%. The market is set to grow due to increased weather-related power outages and increased demand for uninterrupted and reliable power supply in developed and developing nations.
Browse 77 market data Tables and 39 Figures spread through 125 Pages and in-depth TOC on "Portable Generator Market- Global Trends & Forecasts to 2022" at www.marketsandmarkets.com/Market-R…et-195875841.html
The residential segment is expected to be the largest segment for portable generators, by end-user, during the forecast period.
Portable generators are mainly used for the emergency power supply in case of weather-related power outages.
- Advertising -
Portable generators are used to run essential appliances such as lights, refrigerators, and fans. Apart from essential appliances, portable generators are also used for domestic recreational activities such as camping, picnic, and other related outdoor events.
The ease of start and portability are main factors which are driving the portable generator market for residential end-users.
The gasoline segment is expected to be the largest segment of the portable generator market in 2017
The gasoline fuel-operated portable generators are expected to dominate the portable generator market during the forecast period. Gasoline fuels are more compatible with small capacity engines and that is the main reason for the large share of gasoline-powered generators in the portable generator market.
Apart from compatibility, the availability of fuel and clean operation are also the major factors for the growth of gasoline portable generators.
Download PDF Brochure at www.marketsandmarkets.com/pdfdownload.asp?id=195875841
North America is expected to lead the portable generator market during the forecast period
In this report, the portable generator market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East and Africa. The North American market is expected to lead the portable generator market, by region, during the forecast period.
The increasing number of weather-related power outages due to natural calamities such as hurricanes and heat waves are disrupting the power supply to millions of residential and commercial users. Because of these unfortunate incidents, the demand for portable generators is increasing in the North American market.
For an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the portable generator market. These include Honda Motor (Japan), Briggs & Stratton (US), Kohler (US), Generac (US), and Yamaha (Japan).
These players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
Category: Market Research Publishers and RetailersCompany profile: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...
For more information: