DUBLIN--(BUSINESS WIRE )--The "Portable Generators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Portable Generators Market to Reach $3 Billion by 2027

Amid the COVID-19 crisis, the global market for Portable Generators estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027.

Emergency, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Prime/continuous segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $750.5 Million, While China is Forecast to Grow at 5.6% CAGR

The Portable Generators market in the U.S. is estimated at US$750.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$445.7 Million by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

2. FOCUS ON SELECT PLAYERS (Total 69 Featured)

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900