The new report by Expert Market Research titled, ‘Global Portable Generator Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global portable generator market, assessing the market based on its segments like power rating, fuel type, power output, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/portable-generator-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
• Historical Market Size (2020): USD 4.1 billion
• Forecast CAGR (2021-2026): 6%
• Forecast Market Size (2026): USD 5.8 billion
The global portable generator industry is being driven by the global business downtime caused by weather-related power outages has resulted in a greater demand for uninterrupted power supply. This is a major factor driving the demand for portable generators. As a result of the rapidly expanding construction industry, the growing acceptance of mobile generators is also propelling the portable generator industry forward. Furthermore, portable generators are typically used for new construction projects where most of the work is done at night and when energy from power grids is unavailable. The market’s leading suppliers have embraced product launch as their primary growth strategy in order to gain a significant market share, diversify their product and service portfolios, and maintain intense competition. Furthermore, businesses have adopted partnership strategies for introducing new technology, improving operational performance, and innovating.
Industry Definition and Major Segments
Portable generators are used to generate electricity for household, commercial, and industrial purposes. Portable generators are intended to provide temporary alternating current (AC) power for non-hardwired, stand-alone applications.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/portable-generator-market
Based on fuel types, the industry can be divided into:
• Portable Diesel Generators
• Portable Gas Generators
• Others
Based on the power output, the industry is divided into:
• Less than 3 kW
• 3-10kW
• More than 10kW
On the basis of applications, the industry can be segmented into:
• Residential
• Commercial
• Industrial
• Infrastructure
The regional markets include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The rising prevalence of the popularity of portable generators among consumers as they are easy to use and cost-effective. Portable generators are commonly used on construction sites to power tools such as paint sprayers, air compressors, drills, and saws, and to give optimal performance while consuming less fuel. Furthermore, as cities become more densely populated and power grid breakdowns become more common, portable generators are becoming more popular as a backup power source. Moreover, in response to growing environmental concerns around the world, manufacturers are offering portable generators with lower greenhouse gas emissions.
Key Market Players
The major players in the market are Briggs & Stratton, Cummins Inc., Honda Motor Co., Ltd., Eaton, Generac Power Systems, Inc., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Japanese Encephalitis Vaccine Market: https://www.expertmarketresearch.com/reports/japanese-encephalitis-vaccine-market
Global Instrument Transformer Market: https://www.expertmarketresearch.com/reports/instrument-transformer-market
Global HPV Associated Disorders Market: https://www.expertmarketresearch.com/reports/hpv-associated-disorders-market
Global Hot Runner Market: https://www.expertmarketresearch.com/reports/hot-runner-market
Global Hormonal Contraceptive Market: https://www.expertmarketresearch.com/reports/hormonal-contraceptive-market
Global Homecare Ventilator Market: https://www.expertmarketresearch.com/reports/homecare-ventilator-market
Global Home Fragrances Market: https://www.expertmarketresearch.com/reports/home-fragrances-market
Global Home Blood Pressure Monitoring Devices Market: https://www.expertmarketresearch.com/reports/home-blood-pressure-monitoring-devices-market
Global High Temperature Insulation Market: https://www.expertmarketresearch.com/reports/high-temperature-insulation-market-report
Global High-Performance Ceramic Coatings Market: https://www.expertmarketresearch.com/reports/high-performance-ceramic-coatings-market
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
To get more insights on the topic, click here: https://expertmarketresearch-emr.blogspot.com/
Also, Check Procurement Intelligence which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Media Contact
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email:Send Email
Phone: +1-415-325-5166
Address:30 North Gould Street
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com/
