PUBLISHER: The Business Research Company | PRODUCT CODE: 1653249
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653249
A portable generator is a device that provides electrical power in locations where electricity is unavailable or needed temporarily. Typically powered by gas or diesel, it is designed to be easily transportable and measures power in hours of use rather than days. These generators operate by running a gas-powered engine that turns an on-board alternator, generating electrical power. Widely used on work and leisure sites, portable generators offer a convenient source of temporary electric power.
The main types of portable generators are conventional portable generators and inverter portable generators. Inverter portable generators have variable speeds depending on the required power for a task, allowing for increased fuel efficiency. Some models have fixed speed set points to manage frequent load changes as small loads turn on and off. Portable generators use fuels such as diesel, gas, and others, catering to residential, commercial, and industrial end users.
The portable generator market research report is one of a series of new reports from The Business Research Company that provides portable generator market statistics, including portable generator industry global market size, regional shares, competitors with a portable generator market share, detailed portable generator market segments, market trends and opportunities, and any further data you may need to thrive in the portable generator industry. This portable generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The portable generators market size has grown steadily in recent years. It will grow from $5.28 billion in 2024 to $5.47 billion in 2025 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to rise in power outages, construction industry growth, rise in outdoor activities, rise in demand for home power backup, governmnet support.
The portable generators market size is expected to see steady growth in the next few years. It will grow to $6.43 billion in 2029 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to rising remote work, aging grid infrastructure, environmental regulations, rising disposable income. Major trends in the forecast period include hybrid and dual-fuel generators, smart generator technology, solar-powered portable generators, eco-friendly generators, integration of lithium-ion batteries.
The portable generators market is experiencing growth, driven by the increasing rate of urbanization and the rising frequency of power grid failures. Many countries face challenges in proper grid infrastructure, leading to inadequate power supply in residential and industrial areas. Portable generators offer a reliable power source during blackouts, ensuring continuous electricity supply for both residential and industrial applications. Concerns about power instability due to natural disasters further contribute to the growing demand for portable generators. According to The World Bank, urbanization is on the rise, with 4.4 billion people, or 56% of the world's population, residing in urban areas. This trend is expected to continue, leading to an increased demand for portable generators by 2050.
The portable generator market is expected to be fueled by the growing demand for consumer electronics. Consumer electronics, used by end-users on a daily basis, often rely on portable generators for power supply. The India Cellular & Electronics Association (ICEA) reports a potential value of US$ 100 billion in laptop and tablet manufacturing in India by 2025. With a surge in smartphone shipments and increasing market revenue, the demand for portable generators as efficient and cost-effective electricity sources for consumer electronics is expected to rise.
The use of bi-fuel portable generators is a notable trend in the market. Manufacturers are investing in technological advancements to develop bi-fuel technology, which combines two fuel types, such as diesel and natural gas. Bi-fuel generators offer fuel efficiency, extended running times, and enhanced reliability. They also address environmental concerns by emitting fewer pollutants compared to standard diesel generators. Generac's Bi-Fuel generators, for example, are EPA certified, emitting approximately 30% fewer nitrogen oxides and 50% less particulate matter than comparable diesel-only units.
Major players in the portable generator market are concentrating on creating innovative products, such as portable nitrogen membrane generators, to improve efficiency and address the increasing demand for sustainable energy solutions. Portable nitrogen membrane generators are compact systems that utilize membrane technology to separate nitrogen from air, enabling the production of high-purity nitrogen on-site. These generators are suitable for various applications, including industrial processes, food packaging, and medical uses, providing flexibility and cost savings. For example, in April 2024, Atlas Copco Group, a Sweden-based manufacturing firm, introduced portable nitrogen membrane generators featuring four models: NM 500-25, NM 1000-25, NM 2000-25, and NM 3000-25. These generators are designed for easy mobility, making them ideal for different applications. They employ advanced membrane technology to extract nitrogen from compressed air, delivering nitrogen at purities of up to 99.5%. This innovation allows users to generate nitrogen on-site, significantly reducing logistical challenges and enhancing the supply chain.
In August 2023, CES Power LLC, a leading provider of power solutions and services for various industries based in the U.S., acquired Infinite Power for an undisclosed amount. This acquisition aims to strengthen CES Power LLC's regional presence and service offerings in the Mid-Atlantic area, establishing the company as a leader in delivering reliable infrastructure solutions for live events. Infinite Power, a renewable energy company located in England, specializes in providing portable generators.
Major companies operating in the portable generators market include Kohler Co., General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell International Inc., Generac Power Systems Inc., Eaton Plc, Briggs & Stratton Corporation, Atlas Copco (India) Ltd., WackerNeuson SE., WIN Co., Harrington Generators International Ltd., Multiquip Inc., Kirloskar Electric Co. Ltd., Stanley Black & Decker Inc., STEPHILL GENERATORS LTD, Techtronic Industries Co. Ltd., Honda Power Equipment, WEN Products, Westinghouse Electric Corporation, DuroMax Power Equipment, Firman Power Equipment, Doosan Portable Power, Ingersoll Rand, Himoinsa S.L., Pramac Co., Ryobi Limited, DeWalt Inc., Greenworks Tools, ECHO Incorporated, Lifan Power USA, All Power America LLC
Asia-Pacific was the largest region in the portable generators market in 2024. North America was the second largest region in the electrical and electronics market. The regions covered in portable generator report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the portable generators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The portable generator market consists of sales of air cooled generator set, PTO generator, electric start generator, digital inverter generator. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Portable Generators Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on portable generators market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for portable generators ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The portable generators market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.