A new Report by Delvens, titled "Portable Generator Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market, the global portable generator market is expected to grow at a CAGR of more than 4.1% during the forecast period.
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Regional Analysis
Asia-Pacific accounted for the largest share in the market in 2020, with majority of the demand coming from countries such as China and India.
Recent Developments
In June 2021, Generac Holdings Inc. announced that the company has acquired Deep Sea Electronics Limited, an advanced controls designer and manufacturer. Deep Sea Electronics provides a diverse suite of controller products that provide flexible solutions for multiple applications including generators, automatic transfer switches, battery charging, and off-highway vehicles.
In January 2021, Cummins launched QG 2800i and 2500i that are 60% quieter RV inverter generators for the recreational vehicle market. They run on gasoline and liquid propane (LP). The Onan QG 2800i and 2500i are 2.8-kW and 2.5-kW inverter–based generator sets made primarily for Class B and truck campers.
Key Players of Portable Generator Market:
· Holdings Inc.
· Caterpillar Inc.
· Kohler Power Systems
· Honda Siel Power Products Limited
· Briggs & Stratton Corporation and More
The ever-increasing demand for power, lack of reliable grid infrastructure, the need for emergency backup power solutions, and the demand for steady power supply are some of the factors that have supported long-term expansion for Portable Generator Market.
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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.
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Portable Generator Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Portable Generator Market is segmented into power rating, fuel type, end user and region.
On the basis of Power Rating
· Below 5 kW
· 5-10 kW
· Above 10 kW
On the basis of End-User Industry
· Residential
· Commercial
· Industrial
On the basis of Fuel Type
· Gas
· Diesel
· Others
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Portable Generator Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
Access More Reports:
Electric Vehicle (EV) Charging Station market
Electronic Flight Instrument System (EFIS) Market
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