Portable Generator Market, By Fuel Type, By Power Output, By Application, By Geography

Description

Global portable generator market is estimated to be valued at USD 4.82 Bn in 2024 and is expected to reach USD 7.14 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.82 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	5.80%	2031 Value Projection:	US$ 7.14 Bn

Figure. Portable Generator Market Share (%), By Region 2024

Growing demand for uninterrupted and backup power supply during power outages due to rising energy needs can drive the market growth. Increasing construction of commercial and residential infrastructure coupled with rising industrialization in emerging nations can also drive the market growth. In the construction sector, portable generators are used to power various equipment and tools during ongoing work activities. These provide efficient power backups and are easy to carry, fuel efficient and low on maintenance. However, high initial costs and strict emission regulations for generators in several countries can hamper the market growth over the forecast period.

Market Dynamics:

Global portable generator market growth is driven by mounting power outages, increasing demand in construction sector and rising outdoor recreational activities. Frequent power failures due to outdated grid infrastructure, natural calamities, and planned blackouts during peak summer and winter seasons have boosted demand for reliable portable generators. Companies are launching advanced fuel efficient and low emission generators equipped with Bluetooth connectivity and smartphone controls. However, strict emission norms for generators imposed by environmental agencies like EPA can hamper the market growth. Ongoing development of microgrids and smart grids can offer opportunities for portable solar and gas-powered generators. Leading players are investing in R&D to develop modular, fuel cell powered generators gaining traction among commercial users.

Key features of the study:

This report provides in-depth analysis of the global portable generator market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global portable generator market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Atlas Copco, Champion Power Equipment, Cummins, Duromax Power Equipment, Firman Power Equipment, Generac, Honda, Kohler, Lifan Industry (Group), Mi-T-M, Multiquip, Pramac, Pulsar Products, Subaru, Yamaha
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global portable generator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global portable generator market

Detailed Segmentation-

Fuel Type Insights (Revenue, USD Bn, 2019 - 2031)
- Gasoline/Petrol-powered
- Diesel-powered
- Natural Gas/LPG-powered
- Solar-powered
Power Output Insights (Revenue, USD Bn, 2019 - 2031)
- 0-3 kW
- 3-6 kW
- 6-9 kW
- Above 9 kW
Application Insights (Revenue, USD Bn, 2019 - 2031)
- Residential
- Commercial
- Industrial
- Construction
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Atlas Copco
- Champion Power Equipment
- Cummins
- Duromax Power Equipment
- Firman Power Equipment
- Generac
- Honda
- Kohler
- Lifan Industry (Group)
- Mi-T-M
- Multiquip
- Pramac
- Pulsar Products
- Subaru
- Yamaha

Product Code: CMI7293

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Portable Generator Market, By Fuel Type
- Global Portable Generator Market, By Power Output
- Global Portable Generator Market, By Application
- Global Portable Generator Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Portable Generator Market, By Fuel Type, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Gasoline/Petrol-powered
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Diesel-powered
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Natural Gas/LPG-powered
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Solar-powered
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Portable Generator Market, By Power Output, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
0-3 kW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
3-6 kW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6-9 kW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Above 9 kW
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Portable Generator Market, By Application, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Portable Generator Market, By Region, 2019 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020- 2031, Value (USD Bn)
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, By Fuel Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Power Output, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
Latin America
- Introduction
- Market Size and Forecast, By Fuel Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Power Output, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Fuel Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Power Output, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Fuel Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Power Output, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Fuel Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Power Output, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
  - Africa
- Introduction
- Market Size and Forecast, By Fuel Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Power Output, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country/Sub-region, 2019 - 2031, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Atlas Copco
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Champion Power Equipment
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cummins
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Duromax Power Equipment
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Firman Power Equipment
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Generac
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Honda
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kohler
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Lifan Industry (Group)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Mi-T-M
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Multiquip
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Pramac
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Pulsar Products
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Subaru
Yamaha

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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