Portable Generator Sales Projected Around 6.5% CAGR During 2021-2031 And Reached Valuation Of US$ 700 Million

The Fact.MR new report on the market survey of Portable Generators gives estimations of the Size of Portable Generators Market and the overall share of key regional segments

The latest market research report analyzes Portable Generators Market demand by segments. Providing business leaders with insights On Portable Generators Market And how they can increase their market share.

The Demand of Portable Generators Market study includes the current market scenario on the global platform and also Sales of Portable Generators Market development during the forecast period.

We leverage space-age industrial and digitalization tools to provide avant-garde actionable Portable Generators Market insights to our clients. For enhancing readers’ experience, the report starts with a basic overview of the Portable Generators Market and its classification.

Overview

The next section offers an overview of the global portable generators market. This comprises an introduction to the market, along with a standard definition of the product – portable generators.

In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

Key Questions Answered in Report

• What is the expected growth rate for the portable generators market through 2031?

  By value, Fact.MR has projected around 6.5% CAGR for portable generator sales during 2021-2031. In 2020, the market reached a valuation of US$ 700 Mn.

• Which are the most lucrative markets for portable generator manufacturers?

  As per Fact.MR’s projections, the Sub-Saharan Africa region along with China, India, Indonesia, Pakistan, and Bangladesh are markets expanding at high CAGRs. Together, East Asia and South Asia are projected to hold around 1/3 market share through 2031.

• Who are the prominent portable generator manufacturers?

  Top suppliers of portable generators include tier-1 companies such Briggs & Stratton Corp, Generac Power Systems, Inc., Kohler Co. Inc., and Honeywell International Inc., which together accounted for around 40% share of global revenue in 2020.

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The Market insights of Portable Generators will improve the revenue impact of businesses in various industries by:

• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Portable Generators Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Portable Generators market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Portable Generators market .

The latest industry analysis on Portable Generators provides sales outlook in 20+ countries, across key categories. Insights on Portable Generators market drivers, trends, and influencing factors are also included in the study.

Key Market Segments Covered

• By Power Output

  • Less than 1.0 KW Portable Generators
  • TO 3.0 KW Portable Generators
  • TO 5.0 KW Portable Generators
  • More than 5.0 KW Portable Generators

• By End Use

  • Commercial Portable Generators
  • Residential Portable Generators
  • Industrial Portable Generators
  • Agricultural Portable Generators
  • Others

• By Application

  • Standby Backup Power Portable Generators
  • Continuous Power Portable Generators

• By Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Portable Generators Market: Report Scope

Portable generators are powered by diesel or gas, providing temporary electrical power. Manufacturers are focusing more on producing gas generators as diesel generators lead to lot of noise pollution.

Along with this, generator manufacturers are also focusing on developing bi-fuel portable generators, as they offer various environmental benefits and lead to significant fuel savings.

This report, compiled by Fact.MR, provides in-depth analysis of the global portable generators market for the forecast period 2021-2031, and offers key insights about future market direction.

The scope of Fact.MR’s report is to analyse the global portable generators market for the forecast period 2021-2031, and provide readers an unbiased and accurate analysis.

Portable generator manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to portable generators.

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This report gives you access to decisive data such as:

• Demand of Portable Generators Market & Growth drivers
• Factors limiting Portable Generators market growth
• Current key trends of Portable Generators Market
• Market Size of Portable Generators and Portable Generators Market Sales projections for the coming years

Key Question answered in the Survey of Portable Generators market Report By Fact.MR :

• Portable Generators Market Company & brand share analysis: Company and brand share analysis on PORTABLE GENERATORS reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
• Portable Generators Market Machinery Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Portable Generators Market
• Portable Generators Category & segment level analysis: Fact.MR’s Portable Generators market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
• Portable Generators market Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
• Post COVID consumer spending on Portable Generators market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
• Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
• Portable Generators market Merger and acquisition activity: MR’s analysis also includes merger & acquisition activity analysis. Portable Generators market manufacturers and stakeholders will not only know the recent M&As but also understand its impact on competitive landscape and market share
• Portable Generators Market demand by country: The report forecasts Portable Generators Market demand by country for 2021-2031, giving business leaders the insights to know fast-growing, stable, and mature markets

The report also offers key trends of Portable Generators market and an in-depth analysis of how the projected growth factors will shape the Portable Generators market dynamics in the coming years of the forecast period.

Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Portable Generators Market that are developing the current market scenario and which will be lucrative for the future demand of Portable Generators Market .

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Crucial insights in Portable Generators market research report :

• Underlying macro- and microeconomic factors impacting the Sales of Portable Generators market.
• Basic overview of the Portable Generators, including market definition, classification, and applications.
• Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend And supply side analysis of Portable Generators across various industries.
• Important regions and countries offering lucrative opportunities to market stakeholders.

How is the Portable Generator Market Growth in Nigeria?

Recent surveys have revealed that Nigeria spends around 3X more on backup generators than electricity grids. This is attributed to the lack of grid infrastructure coupled with long hours of power outages.

Additionally, total number of backup generators available in Nigeria is highest among all the Sub-Saharan African countries, which shows high penetration of portable generators in the country.

Moreover, seeing the impact of CO2 emission in the country various governmental and international organizations like UN are promoting the use of hybrid generators.

With people adapting new ways of electricity generation it becomes important for market players to come up with new and innovative products which can provide electricity without proposing any negative impact on the environment.

List of the Leading Companies Profiled in the Portable Generators Market are:

To provide decision-makers with credible insights on their competitive landscape, the Portable Generators Market industry research report includes detailed competitive landscape analysis.

 

The competitive landscape analysis for Portable Generators Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Portable Generators manufacturers is provided so business leaders can understand the market scenario.

An assessment on the winning strategies of key Portable Generators Market manufacturers is provided, with recommendation on what works well in Portable Generators Market landscape.

 

Fact.MR has profiled the following key portable generator manufacturers in its report:

• Briggs & Stratton Corp.
• Champion Power Equipment
• Generac Power Systems, Inc.
• Honeywell International Inc
• Kohler Co. Inc
• NIDEC Corp.
• Stanley Black & Decker, Inc.
• STEPHILL GENERATORS LTD
• Techtronic Industries Co., Ltd.
• Yamaha Motor Co., Ltd

A fore mentioned players are relying on mix of organic and in organic growth strategies such as product launches, capacity expansion, and collaborations.

• For instance, Genrac completed the acquisition of Pika which is a manufacturer of home energy storage system. The acquisition by combining the capabilities of both the companies is trying to expand their market share.
• Moreover, Genrac launched portable generators under the brand name XC series that offers power rating ranging from 6.5-8 Kw. The series is designed for commercial and various other purposes.

 

Benefits of Fact.MR Research Study :

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality Research reports And ensures the reports include relevant Portable Generators market insights. Further, our team of analysts leaves no stone unturned while curating Market outlook of Portable Generators reports in accord with the requirement of our clients.

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