The global portable generator market size is expected to reach USD 2.5 billion by 2024 from an estimated value of USD 2.0 billion in 2019, at a CAGR of +5.2% from 2019 to 2025.
The growing adoption of portable generators due to a rapidly growing construction industry is also driving market growth. Power tools of all sizes, such as drills, units, compressors and pneumatic hammers, are widely used in the construction sector. Portable generators are mainly used for new construction projects, where most of the work is carried out at night and in conditions where power from electrical networks is not accessible.
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Raising awareness about global warming has resulted in a growing demand for portable generators based on biofuels, a source of sustainable energy. Biofuel has chemical characteristics similar to those of petroleum-based fuels and, therefore, can be used as a direct substitute for diesel fuel. In addition, biofuel provides energy independence to countries such as Japan and Italy, which import oil and natural gas from other countries. Biofuels can be produced from soybeans, canola, corn, used cooking oil and animal fats. The growing demand for generators fueled with biofuels will provide an opportunity for market players during the forecast period.
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.
By power rating
- Gasoline (Petrol)
- Natural Gas
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Table of Content
- Below 5 kW
- 5–10 kW
- 10–20 kW
Chapter 1 Global Portable Generator Market Overview
Chapter 2 Global Economic Impact on Portable Generator Industry
Chapter 3 Global Portable Generator Market Competition by Manufacturers
Chapter 4 Global Portable Generator Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Portable Generator Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Portable Generator Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Portable Generator Market Analysis by Application
Chapter 8 Portable Generator Manufacturing Cost Analysis
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