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[228 Pages Report] The portable generator market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.8 billion in 2021 (estimated year), at a CAGR of 6.7% during the forecast period. Need for backup power during blackouts is one of the key fac
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Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 5–10 kW, 10–20 kW), End User (Residential, Commercial, Industrial), and Region - Global Forecast to 2026 www.MarketsandMarkets.com
The portable generator market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.8 billion in 2021 (estimated year), at a CAGR of 6.7% during the forecast period. Need for backup power during blackouts is one of the key factors driving the growth of the portable generator market. Increase in adoption of dual fuel and inverter generator to offer lucrative opportunities for the portable generator market during the forecast period. View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/portable-generator-market-195875841.html
The emergency segment is expected to dominate the portable generator market, by application, during the forecast period. The emergency segment, by application, is projected to hold the highest market share during the forecast period. The growth of this segment is driven by increasing weather-related power outages and aging power generation & distribution networks. Portable generators that are used for shorter durations during outages are known as emergency generators. These generators have an average running time of 10–12 hours with a single filling of the tank. Emergency portable generators are mainly used when natural calamities such as storms, heavy rains, and heat waves disrupt the transmission & distribution infrastructure. Inadequate power generation infrastructure and poor grid networks in developing countries have forced small-scale manufacturers and businesses to rely on emergency portable generators. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=195875841
The natural gas segment is expected to be the fastest-growing portable generator market, by fuel, during the forecast period. Natural gas based portable generator market is expected to witness the highest growth rate during the forecast period. Natural gas-powered portable generators are cost effective, efficient to operate, and better for the environment as they are considered the cleanest burning fuel. Furthermore, natural gas-powered portable generators also produce less noise pollution. Natural gas can be easily stored for longer periods in tanks and used when required. Such portable generators are used during frequent blackouts and in areas prone to natural disasters, which is the reason for its increasing demand in the portable generator market globally. Companies such as Kohler, Honeywell, Champion, DuroMax, and Honda manufacture gas-powered portable generators. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195875841
Browse >> 249market data tables 55 figures 228 pagesand in-depth TOC on “Portable Generator Market - Global Forecast to 2026” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
North America likely to emerge as the largest portable generator market In this report, the portable generator market has been analyzed for five regions, namely, North America, South America, Europe, Asia Pacific, Middle East & Africa. North America region has been segmented, by country, into the US, Canada, and Mexico. The US and Canada, which are among the largest consumers in this region as well as globally, constitute the largest share of the portable generator market. Power outages, penetration of the natural gas network, and high peak time electricity costs are expected to drive the portable generator market in this region. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=195875841
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Portable Generator Market. These include • Honda (Japan), • Generac (US), • Caterpillar (US), • Atlas Copco (Sweden), • Yamaha (Japan), and many more... • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=195875841
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