About Portable Generator
Portable Generator is power equipment for continuous operation at ambient temperature. These generators are available in many sizes and a wide range of features. Generally, its functional time is less than 12 hours. Major portable units are air-cooled and operated in maximum air ventilation. Today every business which is depended on electricity. Factors like growing demand for IT infrastructure and also rapid urbanization are generating scope for the generator market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.4% |
The global Portable Generator market is moderately competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Portable Generator market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Briggs & Straton (United States), Honda (Japan), Kohler (United States), Yamaha (Japan), Kubota (Japan), Champion Power Equipment (United States), Siemens (Germany), Caterpillar (United States), Atlas Copco (Sweden), Eaton (Ireland) and Honeywell (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Wacker Neuson (Germany), Generac (United States) and Greaves Cotton Limited (India).
Segmentation Overview
AMA Research has segmented the market of Global Portable Generator market by and Region.
On the basis of geography, the market of Portable Generator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Rating, the sub-segment i.e. Less Than 5 KW will boost the Portable Generator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Portable Generator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Residential (Lighting, Sump Pumps, Electrical Appliances) will boost the Portable Generator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel , the sub-segment i.e. Gasoline will boost the Portable Generator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Need For Rapid-Response Energy Storage Technologies
Market Growth Drivers:
Growing Demand for Continuous & Reliable Power Supply from End-Users, Rising Fuel Cell Demand for Automotive, Residential & Commercial Use and Rapid Urbanization in Developing Countries
Challenges:
High Operation & Maintenance Cost and Stringent Emission & Noise Control Norms
Restraints:
Significant Investments to Modernize/Upgrade the Existing T&D Infrastructure
Opportunities:
Rising Demand from Emerging Economies Such As China and India
Market Leaders and their expansionary development strategies
In November 2023, Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, unveiled today the HyFlex™ demonstration unit, its Hydrogen Power Generator in Gothenburg, Sweden. During an event held with Hitachi Energy’s technology partner, PowerCell Group, around 100 senior representatives from companies in various industries took part in the demonstration.
In September 2023, Jackery is unveiling its latest portable power innovations the Solar Generator 1000 Plus and 300 Plus at IFA 2023, which runs from September 1st through 5th in Berlin, Germany. With these new consumer-oriented solutions, Jackery aims to set new standards in the industry, driven by the company’s commitment to innovation, sustainability, and environmental responsibility.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Portable Generator Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.