Portable generators are used for both consumer and commercial purposes. They provide homeowners and business owners with temporary power, without relying on the local power grid.
Portable generators provide temporary power for homeowners and business owners. For the latter, they are often used as a source of backup power, allowing business owners to keep their doors open for business in the event of a local power outage. Homeowners may also use them for this reason, though portable generators are also used for recreational purposes like camping.
According to the Global Portable Generator Market 2017-2021 report by Market Size Forecasters, the global portable generator market is expected to grow at a compound annual growth rate (CAGR) of approximately 7.91%.
So, what can you learn about the portable generator market from this report? Featuring input from industry experts, it reveals a plethora of information about the market. The report segments the global portable generator market several ways. For geography, the market is segmented by Americas, APAC, and EMEA. It also reveals both market drivers and challenges affecting the market, as well as trends. In essence, this is a complete and comprehensive study of the global portable generator market.
The Global Portable Generator Market 2017-2021 report by ReportsnReports is a second comprehensive study of the global portable generator market. It provides similar information as the report cited above, covering both current scenarios and future growth prospects through 2021. For market size, the report breaks down the portable generator market by revealing cost, consumption, price and associated key performance indicators (KPIs). According to the report, the stringent regulations on diesel engines is a key trend in the portable generator market. The report further explains that the Environmental Protection Agency (EPA) is issuing new standards for cleaner air in regards to diesel-powered engines.
Portable generators are often used by construction companies to power tools, machines, and electronic hardware. If traditional power isn't available, construction companies may use their portable generator to power these and other devices. This is a key growth driver that's helping to fuel the global portable generator market. Some of the key portable generator vendors profiled in this report include Briggs & Stratton, Cummins, Eaton, Generac Holdings, Honda Motor, Kohler, Yamaha Motor, Caterpillar, Champion Power Equipment, Dresser-Rand, GE, GenTech, Honeywell International, Hyundai Power Equipment, Mellga, Mi-T-M, and many others.
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