Global Portable Generators Strategic Business Report 2023: Rising Demand for Portable and Onsite Generators Fuels the Sector

DUBLIN, June 28, 2023 /PRNewswire/ -- The "Portable Generators: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Portable Generators estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$3.4 Billion by 2030, growing at a CAGR of 4% over the analysis period 2022-2030.

Emergency, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$2.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Prime/continuous segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $808.2 Million, While China is Forecast to Grow at 5.9% CAGR

The Portable Generators market in the U.S. is estimated at US$808.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$544.1 Million by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Select Competitors (Total 69 Featured) -

• Atlas Copco AB
• Briggs & Stratton Corporation
• Caterpillar, Inc.
• Champion Power Equipment
• Eaton Corporation PLC
• Generac Power Systems, Inc.
• Honda Motor Co., Ltd.
• Honeywell International, Inc.
• Kohler Co.
• Kubota Corporation
• Siemens AG
• Wacker Neuson SE
• Yamaha Motor Co., Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• A Prelude to Portable Generators
• Portable Generators: Global Growth Prospects and Outlook
• Diesel Generators Dominate the Market
• Gasoline Generators to Witness the Fastest Growth
• Prime/Continuous Power Generators to Grow at the Fastest Rate
• Residential Sector: Largest End-Use Market
• Demographics & Societal Developments Accelerate Demand for Portable Residential Generators
• Major Demand Drivers for Residential Generators (2016 & 2030): Urban Population, Middle Class, and Single Person Households
• Replacement Demand to Sustain Demand for Residential Generators in Mature Developed Markets
• Growing Investments in Smart Homes Drive Strong Business Case
• Global Smart Homes Market by Category in US$ Billion for the Years 2018, 2020 and 2022
• Number of Smart Homes Worldwide (in '000 Households) by Select Country for Years 2015 & 2020
• US Dominates, Asia-Pacific to Witness Fastest Market Growth
• Top 10 Portable Generator Models: 2019
• Portable Generators - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Increasing Number of Weather-related Power Outages
• Value Lost Due to Electrical Outages as a % of Sales of Affected Firms
• Weather-related Power Outages in Recent Years
• Total Service Lost (in Million Customer Hours) from Recent Power Outages Due to Storms in the US: As of April 2018
• List of Major Power Outages That Affected Global Power Supply for 2015 & 2016
• Impact of Heat Waves on Grid Stability
• Impact of Severe Weather on Security Systems
• Detroit Gears Up to Enhance Power Grid Security
• Rising Demand for Portable and Onsite Generators
• Exponential Increase in Global Population, and Heavily Burdened Electric Power Infrastructure Benefit Market Expansion
• World Population by Geographic Region (2000-2050) (in Millions)
• Projected Global Demand for Primary Energy (M Toe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
• Average Age of Electricity Plants in the United States as Percentage (%) of Total Energy Generation Capacity: 2016
• Global Economic Environment Influences Demand Dynamics in the Portable Generators Market
• Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
• Exponential Increase in Urbanization Rate: A Mega Trend Favoring Market Expansion
• World and Urbanization Rate (%) by Region/Country: 2016 & 2040
• Need for Continuous Power Supply Drive Widespread Adoption of Portable Generators
• Rise in Construction Activity to Drive Market Growth-
• Projected Increase in Construction Investments Favors Portable Generators Market: World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
• Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
• Technological Advancements Drive Portable Generators
• Select Top Portable Generators with Wireless Remote Start Functionality
• Increasing Demand for Biofuel Portable Generators
• Growing Popularity of Automatic, Intelligent, and Smart Generators Drive Healthy Market Growth
• Advanced Technology and Connectivity Make Residential Generators Smarter
• Automatic Generators Integrated with Smart Technologies
• Evolving Smart Cities Necessitates Continuous Power Supply, Driving the Demand for Portable Generator
• Global Spending on Smart City Infrastructure by End-Use (2017 & 2020): Breakdown of Spend (Hardware, Software, and Services) in US$ Billion for Buildings & Homes, Education, Industry Automation, Power Supply, Security, and Others
• Number of Smart Cities Worldwide (2013-2020)
• Select Product Innovations and Launches
• Stringent Environmental Regulations to Limit Carbon Emissions Restrain Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/63s35i

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