Portable Generator Market by Fuel (Gasoline, Diesel, Gas), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 510 kW, 1020 kW), End-User (Residential, Commercial, Industrial), and Region- Global Forecast to 2024
[156 Pages Report] The global portable generator market size is projected to reach USD 2.5 billion by 2024 from an estimated value of USD 2.0 billion in 2019, at a CAGR of 4.1% during the forecast period. The growth of the market is attributed to the high demand for portable generators in countries such as the US, Mexico, and Puerto Rico. In addition, an increasing number of weather-related power outages and the growing demand for uninterrupted and reliable power supply in developed and developing nations are expected to drive the global portable generator industry during the forecast period.
MnM helped a leading portable generator manufacturer and service provider in identifying potential customers and new opportunities in the portable generator market in Latin America & Australia and expand their revenues to USD 20 million
Clients Problem Statement
Our client, a leading portable genetrator manufacturer and service provider was keen to build a substantive business from smart solutions and portable generators in Latin America and Australia. The senior management needed to take a host of crucial decisions which major power range and fuel type to focus on, which countries to prioritise, which end use industries to focus on & what offering/ value proposition will help them win.
MnM Approach
MNM started by identifying key disruptive technology trends that were changing the revenue mix of our clients clients in end-use industries such as residential, and commercial segments. MNM also interviewed a host of potential customers, manufactures, dstribustors, and consumers in these end-use industries to understand their unmet needs, possible use cases & benefits from these genrators and what they looked for in a service provider.
This helped the service provider major assess the market potential & high impact use cases of various types such as pump natural gas, diesel, gasoline to form smart solution across these end-use industries. Further, MNM also helped the client build an understanding of the competitive landscape, varying business models & strategies of different players in portable generator manufacturing. This helped them devise a differentiated product offering & forge suitable alliances to help them win in this market.
Revenue Impact (RI)
Our work resulted in the client tapping into the ~$150 Mn market and create a revenue impact of $ 20 Mn based on our recommendations by identifying and prioritizing end-use segments and potential opportunities in the market.
The residential segment is projected to be the largest portable generator market, by end-user, during the forecast period
The portable generator market has been segmented, by end-user, into residential, commercial, and industrial. The residential end-user segment led the market in 2018. Portable generators are mainly used to run small- and medium-sized loads, including household appliances and industrial machinery such as air compressors, drills, vibrators, and agricultural applications.
The increasing number of weather-related and non-weather-related (aging grid) power outages are creating problems for small- and medium-scale businesses, which are considered to be the main drivers for the portable generator industry.
The gasoline (petrol) segment is projected to be the fastest-growing market during the forecast period
The portable generator market is segmented, by fuel, into gasoline (petrol), diesel, natural gas, and others, which includes LPG, propane, and biodiesel. The gasoline (petrol) segment is the fastest-growing portable generator industry. Gasoline portable generators have a major advantage of the availability of fuel stations everywhere; they are comparatively less expensive if used for running portable generators for a shorter time period, which is likely to increase its demand.
The 510 kW segment is projected to be the fastest-growing portable generator market, by power rating, during the forecast period
The portable generator market has been segmented, by power rating, into below 5 kW, 510 kW, and 1020 kW. The 510 kW segment is expected to be the fastest-growing market during the forecast period. The 510 kW generators are used in air compressors, drills, high-pressure washers, and industrial motors, and these portable generators can handle a considerable amount of load.
The prime/continuous segment is projected to be the fastest-growing portable generator market, by application, during the forecast period
The portable generator market, by application, has been segmented into emergency and prime/continuous power. The prime/continuous power segment is expected to be the fastest-growing market during the forecast period. Increasing construction activities in countries such as China, India, the US, the UAE, and Saudi Arabia are expected to create the demand for portable generators for prime/continuous power applications.
North America is projected to be the largest market during the forecast period
In this report, the portable generator market is segmented into five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America is estimated to be the largest market from 2019 to 2024.
Asia Pacific is expected to be the fastest-growing market for portable generators during the forecast period. Asia Pacific is the home to two of the fastest-growing economiesIndia and China. The building & construction market is on the rise in India and China due to current government initiatives such as smart cities and green building initiatives, which are expected to create the demand for portable generators during the forecast period.
Key Market Players
The major players in the portable generator market are Honda, Generac, Yamaha, Atlas Copco, Briggs & Stratton, Kubota, Siemens, Cummins, Kohler, Caterpillar, Honeywell, Wacker Neuson, and Eaton.
Honda, as it is popularly known, is a Japanese conglomerate and manufactures automobiles, engines, power equipment, aircraft, robots, and motorcycles. The company has a global presence and operates in 4 segments, namely, automobiles, financial services, motorcycles, and power products & others. The power products & others segment includes general-purpose engines, generators, tillers, lawnmowers, snow throwers, and others. Honda has a subsidiary, namely, Honda R&D Co., which takes care of research & development activities globally. Honda has integrated digitalization with its portable generators, which helped its customers use this product more efficiently. The company has achieved this by investing in its R&D activities. It has invested USD 6.6 billion, which is 6.5% more than the previous years R&D expenditure. This has increased the unit sales of the company in the North American region.
Briggs & Stratton is one of the largest manufacturers and engine designers of outdoor power equipment. The company operates through 2 business segments, namely, engines and products. The products segment of the company provides portable and standby generators, pressure washers, lawn and garden power equipment, turf care products, and many more. The company manufactures gasoline engines for power products such as lawnmowers, snowblowers, pressure washers, portable gasoline generators, and construction equipment. The company focuses on new technologies and innovations as it has launched portable generators with Bluetooth and compact designs. The integration of Bluetooth technology helps the customer in understanding the remaining fuel levels or capacity of a portable generator. Briggs & Stratton always launch new products with innovative technologies, and this helps the company retain its position by selling more units in comparison with its competitors.
Scope of the Report
|
Report Metric |
Details |
|
Market size available for years |
20172024 |
|
Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Forecast units |
Value (USD) |
|
Segments covered |
End-User, Application, Fuel, Power Rating, and Region |
|
Geographies covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Companies covered |
Honda, Generac, Yamaha, Atlas Copco, Briggs & Stratton, Kubota, Siemens, Cummins, Kohler, Caterpillar, Honeywell, Wacker Neuson, and Eaton |
This research report categorizes the portable generator market by end-user, application, fuel, power rating, and region.
By end-user
- Residential
- Commercial
- Industrial
By application
- Emergency
- Prime/Continuous
By fuel
- Gasoline (Petrol)
- Diesel
- Natural Gas
- Others
By power rating
- Below 5 kW
- 510 kW
- 1020 kW
By region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Key Questions Addressed by the Report
- What are the revolutionary technology trends that could be witnessed over the next five years?
- What will be the revenue pockets for the portable generator market in the next five years?
- Which of the type segments will have the maximum opportunity to grow during the forecast period?
- Which will be the leading regions with the largest market share by 2024?
- How are the companies implementing organic and inorganic strategies to gain increased market share?
Frequently Asked Questions (FAQ):
What are the revolutionary technology trends that could be witnessed over the next five years?
The increasing usage of biofuel and inverter generators are the revolutionary technology trends that could be witnessed over the next five years as they help in improving the reliability of standby power systems.
What will be the revenue pockets for the portable generator market in the next five years?
Increasing rising concerns overpower stability for uninterrupted business operations during natural calamities will be the revenue pockets for the portable generator market in the next five years.
Which of the type segments will have the maximum opportunity to grow during the forecast period?
End-user segments will have the maximum opportunity to grow during the forecast period.
Which will be the leading regions with the largest market share by 2024?
North America is the leading region with the largest market share.
How are the companies implementing organic and inorganic strategies to gain increased market share?
As a part of the organic strategy, companies are adopting new product launches, and as a part of inorganic strategies companies are adopting contracts & agreements and mergers & acquisitions to increase their market share.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 17)
1.1 Objectives of the Study
1.2 Definition
1.2.1 Portable Generator Market, By Power Rating: Inclusions & Exclusions
1.2.2 Portable Generator Market, By End-User: Inclusions & Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 21)
2.1 Scope
2.2 Market Size Estimation
2.2.1 Demand-Side Analysis
2.2.1.1 Assumptions
2.3 Data Triangulation
2.3.1 Supply-Side Analysis
2.3.1.1 Assumptions
2.3.1.2 Calculations
2.3.2 Forecast
2.4 Some of the Insights of Industry Experts
3 Executive Summary (Page No. - 27)
4 Premium Insights (Page No. - 31)
4.1 Attractive Opportunities in the Portable Generator Market
4.2 Portable Generator Market, By Region
4.3 Portable Generator Market, By Fuel
4.4 Portable Generator Market, By Power Rating
4.5 Portable Generator Market, By Application
4.6 Portable Generator Market, By End-User
5 Market Overview (Page No. - 34)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Uninterrupted and Reliable Power Supply
5.2.1.2 Rising Concerns Over Power Stability for Uninterrupted Business Operations During Natural Calamities
5.2.2 Restraints
5.2.2.1 Increasing Adoption of Energy Storage Technologies
5.2.2.2 Limited Power Generation Capacity of Portable Generators
5.2.3 Opportunities
5.2.3.1 Increasing Use of Bi-Fuel and Inverter Generators
5.2.3.2 Increase in Power Loss Due to Aging Infrastructure
5.2.4 Challenges
5.2.4.1 Stringent Emission Government Regulations for Diesel Engines
5.2.4.2 High Operation and Maintenance Costs
6 Portable Generator Market, By End-User (Page No. - 40)
6.1 Introduction
6.2 Residential
6.2.1 Increasing Number of Frequent Blackouts in Countries Such as the Us and Mexico is Expected to Boost the Demand for Residential Portable Generators
6.3 Commercial
6.3.1 Increasing Applications of Commercial Portable Generators for Smaller Business Establishment are Expected to Boost Their Demand
6.4 Industrial
6.4.1 Increasing Usage of Industrial Portable Generators in Construction Activities is Likely to Foster Their Demand in the Market
7 Portable Generator Market, By Power Rating (Page No. - 45)
7.1 Introduction
7.2 Below 5 kW
7.2.1 Lightweight and High Fuel Efficiency Features of Below 5 kW Portable Generators are Likely to Generate Their Demand
7.3 510 kW
7.3.1 Frequent Power Outages in North America and Asia Pacific Regions are Expected to Boost the Demand for 510 kW Portable Generators
7.4 1020 kW
7.4.1 Increasing Need for Uninterrupted Power Supply to Run Machines & Industrial Tools in Remote Locations is Likely to Foster the 1020 kW Portable Generator Segment
8 Portable Generator Market, By Application (Page No. - 50)
8.1 Introduction
8.2 Emergency
8.2.1 Increasing Weather-Related Power Outages are Likely to Generate the Demand for Emergency Portable Generators
8.3 Prime/Continuous
8.3.1 Growth of Construction Sector in the Brics Nations is Likely to Foster the Demand for Prime/Continuous Portable Generators
9 Portable Generator Market, By Fuel (Page No. - 54)
9.1 Introduction
9.2 Gasoline (Petrol)
9.2.1 Easy Availability of Gasoline is Likely to Generate Its Demand in the Market
9.3 Diesel
9.3.1 Superior Fuel Efficiency and Low Maintenance Requirements are Likely to Foster the Demand for Diesel-Powered Portable Generators
9.4 Natural Gas
9.4.1 Growing Demand for Clean and Less Expensive Burning Fuel is Likely to Foster the Demand for Gas-Powered Portable Generators
9.5 Others
10 Portable Generator Market, By Region (Page No. - 59)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Increase in Shale Gas Production and Weather-Related Incidents are Expected to Drive the Market in the US
10.2.2 Canada
10.2.2.1 Rapid Development of Oil & Gas Industry is Likely to Boost the Canadian Market
10.2.3 Mexico
10.2.3.1 Increasing Investment for the Development of the Natural Gas Industry is Expected to Fuel the Mexican Market
10.3 Asia Pacific
10.3.1 China
10.3.1.1 Development of Industrial and Real Estate Sector is Driving the Market in China
10.3.2 India
10.3.2.1 Government Initiatives for Uninterrupted and Reliable Power Supply are Likely to Boost the Market in India
10.3.3 Japan
10.3.3.1 Renovation of Grid Infrastructure and Rising Natural Gas Production are Likely to Boost the Market in Japan
10.3.4 Australia
10.3.4.1 Rising Development of Construction and Mining Activities in Australia is Driving the Market
10.3.5 South Korea
10.3.5.1 Increasing Investment in Natural Gas is Likely to Boost the South Korean Market
10.3.6 Rest of Asia Pacific
10.4 Middle East & Africa
10.4.1 Saudi Arabia
10.4.1.1 Growing Investments in the Construction Sector are Expected to Boost the Demand for the Saudi Arabian Market
10.4.2 UAE
10.4.2.1 Growing Demand for Tourism and Construction Activities in the UAE is Likely to Drive the Portable Generator Market in the Country
10.4.3 South Africa
10.4.3.1 Growing Construction Sector and Harsh Weather Conditions are Expected to Drive the Demand for the South African Market
10.4.4 Nigeria
10.4.4.1 Insufficient Electricity Production is Expected to Fuel the Demand for the Nigerian Market
10.4.5 Algeria
10.4.5.1 Growing Oil & Gas Sector and the Harsh Weather Conditions are Expected to Boost the Demand for the Algerian Market
10.4.6 Rest of Middle East & Africa
10.5 Europe
10.5.1 Russia
10.5.1.1 Rising Investment in Transport and Healthcare Infrastructure is Expected to Drive the Russian Portable Generator Market
10.5.2 UK
10.5.2.1 Rapid Development of Ict Buildings and Aged Infrastructure are Driving the Market in the UK
10.5.3 Germany
10.5.3.1 Increasing Development of Renewable Energy is Driving the Market in Germany
10.5.4 France
10.5.4.1 Increased Demand for Grid Infrastructure is Likely to Boost the French Market
10.5.5 Rest of Europe
10.6 South America
10.6.1 Brazil
10.6.1.1 Development of Southern and Eastern Regions of the Country
10.6.2 Chile
10.6.2.1 Growing Usage of Renewable Energy in Chile is Likely to Drive the Portable Generator Market
10.6.3 Argentina
10.6.3.1 Rising Mining Exploration Leading to Higher Portable Power Demand in Mining Rural Households
10.6.4 Rest of South America
11 Competitive Landscape (Page No. - 102)
11.1 Introduction
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Contracts & Agreements
11.3.3 Mergers & Acquisitions
11.4 Competitive Leadership Mapping
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging
12 Company Profiles (Page No. - 109)
(Business Overview, Products Offered, Recent Developments, MnM View)*
12.1 Atlas Copco
12.2 Briggs & Stratton
12.3 Caterpillar
12.4 Generac
12.5 Honda
12.6 Yamaha
12.7 Cummins
12.8 Kohler
12.9 Honeywell
12.1 Siemens
12.11 Wacker Neuson
12.12 Kubota
12.13 Eaton
12.14 Champion
12.15 Inmesol
12.16 Himoinsa
12.17 Duromax
12.18 Loncin
12.19 Wen Products
12.20 Pulsar Products
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 149)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
List of Tables (100 Tables)
Table 1 Transmission & Distribution Losses, Power Generation & Consumption, and Number of Households With Higher Income Group are the Determining Factors for the Global Portable Generator Market
Table 2 Portable Generator Market Snapshot
Table 3 Worldwide Energy Storage Deployments By Technology, 2018
Table 4 Portable Generator Market Size, By End-User, 20172024 (USD Million)
Table 5 Residential: Market Size, By Region, 20172024 (USD Million)
Table 6 Commercial: Market Size, By Region, 20172024 (USD Million)
Table 7 Industrial: Market Size, By Region, 20172024 (USD Million)
Table 8 Portable Generator Market Size, By Power Rating, 20172024 (USD Million)
Table 9 Below 5 kW: Market Size, By Region, 20172024 (USD Million)
Table 10 510 kW: Market Size, By Region, 20172024 (USD Million)
Table 11 1020 kW: Market Size, By Region, 20172024 (USD Million)
Table 12 Portable Generator Market Size, By Applcation, 20172024 (USD Million)
Table 13 Emergency: Market Size, By Region, 20172024 (USD Million)
Table 14 Prime/Continuous: Market Size, By Region, 20172024 (USD Million)
Table 15 Portable Generator Market Size, By Fuel, 20172024 (USD Million)
Table 16 Gasoline (Petrol): Market Size, By Region, 20172024 (USD Million)
Table 17 Diesel: Portable Generator Market Size, By Region, 20172024 (USD Million)
Table 18 Natural Gas: Market Size, By Region, 20172024 (USD Million)
Table 19 Others: Market Size, By Region, 20172024 (USD Million)
Table 20 Top 5 Countries: Market, CAGR (20192024)
Table 21 Top 5 Countries: Market Size, 20172024 (USD Million)
Table 22 Top 5 Country By Application: Portable Generator Market Size, CAGR (20192024)
Table 23 Top Country (Region-Wise): Market, CAGR (20192024)
Table 24 Top 5 Countries By Emergency Application: Market Size, 20172024 (USD Million)
Table 25 Top 5 Countries By Residential End-User: Market Size, 20172024 (USD Million)
Table 26 Portable Generator Market Size, By Region, 20172024 (USD Million)
Table 27 North America: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 28 North America: Market Size, By Power Rating, 20172024 (USD Million)
Table 29 North America: Market Size, By Fuel, 20172024 (USD Million)
Table 30 North America: Market Size, By End-User, 20172024 (USD Million)
Table 31 North America: Market Size, By Country, 20172024 (USD Million)
Table 32 US: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 33 US: Market Size, By End-User, 20172024 (USD Million)
Table 34 Canada: Market Size, By Application, 20172024 (USD Million)
Table 35 Canada: Market Size, By End-User, 20172024 (USD Million)
Table 36 Canadian Investments (From Q2 2018 to Q2 2019):
Table 37 Mexico: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 38 Mexico: Market Size, By End-User, 20172024 (USD Million)
Table 39 Asia Pacific: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 40 Asia Pacific: Market Size, By Power Rating, 20172024 (USD Million)
Table 41 Asia Pacific: Market Size, By Fuel, 20172024 (USD Million)
Table 42 Asia Pacific: Market Size, By End-User, 20172024 (USD Million)
Table 43 Asia Pacific: Power Generator Market Size, By Country, 20172024 (USD Million)
Table 44 China: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 45 China: Market Size, By End-User, 20172024 (USD Million)
Table 46 India: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 47 India: Market Size, By End User, 20172024 (USD Million)
Table 48 Japan: Market Size, By Application, 20172024 (USD Million)
Table 49 Japan: Market Size, By End-User, 20172024 (USD Million)
Table 50 Australia: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 51 Australia: Market Size, By End-User, 20172024 (USD Million)
Table 52 South Korea: Market Size, By Application, 20172024 (USD Million)
Table 53 South Korea: Market Size, By End-User, 20172024 (USD Million)
Table 54 Rest of Asia Pacific: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 55 Rest of Asia Pacific: Market Size, By End-User, 20172024 (USD Million)
Table 56 Middle East & Africa: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 57 Middle East & Africa: Market Size, By Power Rating, 20172024 (USD Million)
Table 58 Middle East & Africa: Market Size, By Fuel, 20172024 (USD Million)
Table 59 Middle East & Africa: Market Size, By End-User, 20172024 (USD Million)
Table 60 Saudi Arabia: Market Size, By Application, 20172024 (USD Million)
Table 61 Saudi Arabia: Market Size, By End-User, 20172024 (USD Million)
Table 62 UAE: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 63 UAE: Portable Generator Market Size, By End-User, 20172024 (USD Million)
Table 64 South Africa: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 65 South Africa: Portable Generator Market Size, By End-User, 20172024 (USD Million)
Table 66 Nigeria: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 67 Nigeria: Market Size, By End-User, 20172024 (USD Million)
Table 68 Algeria: Market Size, By Application, 20172024 (USD Million)
Table 69 Algeria: Market Size, By End-User, 20172024 (USD Million)
Table 70 Rest of Middle East & Africa: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 71 Rest of Middle East & Africa: Market Size, By End-User, 20172024 (USD Million)
Table 72 Europe: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 73 Europe: Market Size, By Power Rating, 20172024 (USD Million)
Table 74 Europe: Market Size, By Fuel, 20172024 (USD Million)
Table 75 Europe: Market Size, By End-User, 20172024 (USD Million)
Table 76 Europe: Market Size, By Country, 20172024 (USD Million)
Table 77 Russia: Market Size, By Application, 20172024 (USD Million)
Table 78 Russia: Portable Generator Market Size, By End-User, 20172024 (USD Million)
Table 79 UK: Portable Generator Market Size, By Application, 2017-2024 (USD Million)
Table 80 UK: Market Size, By End-User, 20172024 (USD Million)
Table 81 Germany: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 82 Germany: Market Size, By End-User, 20172024 (USD Million)
Table 83 France: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 84 France: Market Size, By End-User, 20172024 (USD Million)
Table 85 Rest of Europe: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 86 Rest of Europe: Market Size, By End-User, 20172024 (USD Million)
Table 87 South America: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 88 South America: Market Size, By Power Rating, 20172024 (USD Million)
Table 89 South America: Market Size, By Fuel, 20172024 (USD Million)
Table 90 South America: Market Size, By End-User, 20172024 (USD Million)
Table 91 South America: Market Size, By Country, 20172024 (USD Million)
Table 92 Brazil: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 93 Brazil: Market Size, By End-User, 20172024 (USD Million)
Table 94 Chile: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 95 Chile: Market Size, By End-User, 20172024 (USD Million)
Table 96 Argentina: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 97 Argentina: Market Size, By End-User, 20172024 (USD Million)
Table 98 Rest of South America: Portable Generator Market Size, By Application, 20172024 (USD Million)
Table 99 Rest of South America: Market Size, By End-User, 20172024 (USD Million)
Table 100 Developments of Key Players in the Market, January 2016September 2019
List of Figures (47 Figures)
Figure 1 Market Estimation Methodology: Demand Side
Figure 2 Data Triangulation
Figure 3 Market Estimation Methodology: Supply Side
Figure 4 Market Share Analysis, 2018
Figure 5 Gasoline (Petrol) Segment is Expected to Lead the Portable Generator Market During the Forecast Period
Figure 6 510 kW Segment is Expected to Lead the Market During the Forecast Period
Figure 7 Emergency Segment is Expected to Lead the Portable Generator Market During the Forecast Period
Figure 8 Residential Segment is Expected to Lead the Portable Generator Market During the Forecast Period
Figure 9 Asia Pacific Dominated the Market in Terms of CAGR (20192024)
Figure 10 Rising Concerns Over Power Stability for Uninterrupted Business Operations During Natural Calamities are Driving the Portabl Generator Market, 20192024
Figure 11 Asia Pacific Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Gasoline (Petrol) Segment Dominated the Portable Generator Market in 2018
Figure 13 510 kW Segment Dominated the Market in 2018
Figure 14 Emergency Segment Dominated the Market in 2018
Figure 15 Residential Segment Dominated the Market in 2018
Figure 16 Portable Generator Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Y-O-Y Global Number of Power Outages
Figure 18 Residential Segment Accounted for the Largest Market Share in 2018
Figure 19 510 kW Segment Accounted for the Largest Market Share in 2018
Figure 20 Emergency Segment Accounted for the Largest Market Share in 2018
Figure 21 Gasoline (Petrol) Segment Accounted for the Largest Market Share in 2018
Figure 22 Regional Snapshot: Asia Pacific Portable Generator Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Portable Generator Market Share (Value), By Region, 2018
Figure 24 North America: Market Snapshot
Figure 25 Asia Pacific: Market Snapshot
Figure 26 Key Developments in the Portable Generator Market During January 2016September 2019
Figure 27 Market Share Analysis, 2018
Figure 28 Portable Generator Market (Global) Competitive Leadership Mapping, 2018
Figure 29 Atlas Copco: Company Snapshot
Figure 30 Atlas Copco: SWOT Analysis
Figure 31 Briggs & Stratton: Company Snapshot
Figure 32 Briggs & Stratton: SWOT Analysis
Figure 33 Caterpillar: Company Snapshot
Figure 34 Caterpillar: SWOT Analysis
Figure 35 Generac: Company Snapshot
Figure 36 Generac: SWOT Analysis
Figure 37 Honda: Company Snapshot
Figure 38 Honda: SWOT Analysis
Figure 39 Yamaha: Company Snapshot
Figure 40 Yamaha: SWOT Analysis
Figure 41 Cummins: Company Snapshot
Figure 42 Cummins: SWOT Analysis
Figure 43 Honeywell: Company Snapshot
Figure 44 Siemens: Company Snapshot
Figure 45 Wacker Neuson: Company Snapshot
Figure 46 Kubota: Company Snapshot
Figure 47 Eaton: Company Snapshot
This study involved four major activities in estimating the current size of the portable generator market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through rigorous primary research. Both top-down and bottom-up approaches were used to estimate the total market size. The market breakdown and data triangulation techniques were employed to estimate the market size of the segments and the corresponding subsegments.
Secondary Research
This research study involved the use of extensive secondary sources, directories, and databases, such as UNCTAD data, industry publications, several newspaper articles, Statista Industry Journal, Factiva, and portable generator journal, to identify and collect information useful for a technical, market-oriented, and commercial study of the portable generator market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research
The portable generator market comprises several stakeholders such as associations and industry bodies, consulting companies dealing with the portable generator manufacturing companies, manufacturer associations, petrol & diesel engine manufacturers, institutional investor, government & research organizations, and others. The supply side is characterized by the increasing adoption of new product launches, contracts & agreements, and mergers & acquisitions among leading players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the size of the global portable generator market and its dependent submarkets. These methods were also extensively used to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market were identified through extensive secondary research, and their market shares in the respective regions were determined through both primary and secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the portable generator market.
Report Objectives
- To define, describe, segment, and forecast the portable generator market by end-user, application, fuel, power rating, and region
- To provide detailed information on the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges
- To strategically analyze the market with respect to individual growth trends, future expansions, and contribution of each segment to the portable generator market
- To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders
- To forecast the growth of the market with respect to the regions, namely, North America, Asia Pacific, South America, Europe, and the Middle East & Africa
- To profile and rank key players and comprehensively analyze their respective market shares
- To analyze competitive developments such as contracts & agreements, investments & expansions, new product launches, and mergers & acquisitions in the portable generator market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the clients specific needs. The following customization options are available for this report:
Regional Analysis
- Further breakdown of region or country-specific analysis
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Get in-depth analysis of the COVID-19 impact on the Portable Generator Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Portable Generator Market
Request For Special Pricing
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Portable Generator Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Portable Generator Market