May 13, 2022 08:28 ET | Source: Research and Markets Research and Markets

Dublin, May 13, 2022 (GLOBE NEWSWIRE) -- The "Portable Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global portable generator market reached a value of US$ 4.6 billion in 2021. Looking forward, the market is projected to reach US$ 6.7 billion by 2027, exhibiting a CAGR of 6.49% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor. Portable generators are backup devices designed to provide temporary AC power for non-hardwired, stand-alone applications. These generators consist of internal combustion engine, starter, alternator, fuel tank and outlets which are assembled together onto a metal frame in a single unit. Low-end models of portable generators support few basic home appliances, whereas, the high-end models can provide power backup to the whole house. Nowadays, portable generators are gaining traction among the consumers as they are cost-effective and can be easily moved from one place to another. Global Portable Generator Market Drivers/Constraints:

Portable generators are used at construction sites to operate power tools, namely paint sprayers, air compressors, drills, saws, etc. to provide optimal output with minimal fuel consumption. The growing urbanisation coupled with increasing frequency of power grid failures has led the consumers to opt for portable generators, particularly for residential applications, so as to ensure uninterrupted electricity supply. The governments in various countries have implemented stringent regulations regarding the negative environmental impact of portable generators. As a result, the manufacturers are introducing generators with lower greenhouse gas emissions. The availability of alternative power backup systems such as inverters, UPS systems, solar generator and solar energy systems poses a major threat to the growth of the global portable power generator market as these systems are often more environment-friendly and easier to maintain. Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global portable generator market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on fuel type, application and power output. Breakup by Fuel Type:

Based on fuel type, the market has been segmented into portable diesel generators, portable gas generators and others. Currently, portable diesel generators are the most popular segment as they are more reliable, efficient and sturdy than petroleum or natural gas generators. Breakup by Application:

On the basis of application, the residential sector represents the largest segment, accounting for the majority of the global share as portable generators are used to run essential appliances, such as lights, refrigerators, fans, etc. during power outages or bad weather conditions. Residential sector is followed by the commercial, infrastructure and industrial sectors. Breakup by Power Output:

Based on power output, the market has been segregated as less than 3kW, 3-10kW and more than 10kW. Amongst these, the less than 3kW category dominates the market as these generators are compact and easy to transport, owing to which they are generally used for recreational activities and powering minor tools. Regional Insights:

Region-wise, Asia Pacific is the leading market for portable generators, holding the largest market share due to the lack of proper power infrastructure in the region. Other major regions include Europe, North America, Middle East and Africa, and Latin America. Competitive Landscape

The global portable generator industry is fragmented as there are a large number of players present at both the regional and global level. Some of the leading players operating in the market are:

This report provides a deep insight into the global portable generator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the portable generator market in any manner. Key Questions Answered in This Report

Key Topics Covered: 1 Preface 2 Scope and Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Portable Generator Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Fuel Type 5.5 Market Breakup by Application 5.6 Market Breakup by Power Output 5.7 Market Breakup by Region 5.8 Market Forecast 5.9 SWOT Analysis 5.10 Value Chain Analysis 5.11 Porters Five Forces Analysis 6 Market Breakup by Fuel Type 6.1 Portable Diesel Generators 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Portable Gas Generators 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Others 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Application 7.1 Residential 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Commercial 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Industrial 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Infrastructure 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Power Output 8.1 Less than 3 kW 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 3-10kW 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 More than 10kW 8.3.1 Market Trends 8.3.2 Market Forecast 9 Market Breakup by Region 10 Portable Generator Manufacturing Process 10.1 Product Overview 10.2 Raw Material Requirements 10.3 Manufacturing Process 10.4 Key Success and Risk Factors 11 Competitive Landscape 11.1 Market Structure 11.2 Key Players 11.3 Profiles of Key Players 11.3.1 Briggs & Stratton Corporation 11.3.1.1 Company Overview 11.3.1.2 Description 11.3.1.3 Product Portfolio 11.3.1.4 Financials 11.3.1.5 SWOT Analysis 11.3.2 Cummins Inc. 11.3.2.1 Company Overview 11.3.2.2 Description 11.3.2.3 Product Portfolio 11.3.2.4 Financials 11.3.2.5 SWOT Analysis 11.3.3 Honda Motor Co., Ltd. 11.3.3.1 Company Overview 11.3.3.2 Description 11.3.3.3 Product Portfolio 11.3.3.4 Financials 11.3.3.5 SWOT Analysis 11.3.4 Eaton Corporation PLC 11.3.4.1 Company Overview 11.3.4.2 Description 11.3.4.3 Product Portfolio 11.3.5 Generac Power Systems, Inc. 11.3.5.1 Company Overview 11.3.5.2 Description 11.3.5.3 Product Portfolio For more information about this report visit https://www.researchandmarkets.com/r/7edv3f