The global portable power generator market is expected to be worth approximately $905.25 million by 2022. Adoption in commercial environments is expected to grow significantly, representing an opportunity worth US$50 million over the next decade. Demand for portable generators will likely increase 1.8x from 2022 to 2032. Furthermore, Sales of portable generators are projected to accelerate at a CAGR of 6.5% to top US$ 1,699.28 Million by 2032.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Portable Generators Market both at worldwide and provincial levels.
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The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Key Segments Profiled in the Portable Generators Industry Survey
- By Power Output :
- Less than 1 KW
- 1-3. KW
- 3-5KW
- More than 5 KW
- By Application :
- Standby Backup Power Portable Generators
- Continuous Power Portable Generators
- By End User :
- Commercial
- Residential
- Industrial
- Agricultural
- Others
- By Region :
- North America
- Latin America
- Europe
- APEJ
- Japan
- Middle East & Africa
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Portable Generators Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global Portable Generators Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Portable Generators Market
Market Players: –
- 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.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Portable Generators Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
Increasing Power Outages bolstering demand for portable generators
After Asia Pacific, North America is the second-largest user and producer of electricity. The portable generator industry is dominated by the United States and Canada, which are among the region’s and the world’s top customers. Power outages, natural gas network penetration, and high peak-hour energy costs are projected to boost the portable generator market in this area.
Furthermore, according to the U.S Department of Energy, 72.0% of the country’s electricity infrastructure is more than 25 years old and nearing the end of its useful life. The nation plans to invest US$ 1 trillion in infrastructure development projects across all industries by 2025.
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