Which are the Most Lucrative Markets for Portable Generator Manufacturers

portable generators market

Powered by diesel or gas, portable generators provide temporary electricity up to certain level of wattage. These generators are generally used by residents and businesses to keep the vital appliances operating during a power cut. Stringent regulations by government in various countries to reduce toxic emissions is encouraging manufacturers to focus on developing gas generators instead of diesel generators.

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As compared to diesel generators, gas generators emit very less amount of pollution and also operate silently. Manufacturers have also started focusing on developing bi-fuel portable generators. As these generators lead to low gas emission and save cost. Meanwhile, tri-fuel portable generators are also being developed as they can run on gasoline, natural gas as well as liquid propane.

Manufacturers are offering better options including lighter and more compact designs. Undergoing technological advancements, smart portable generators are also being developed with advanced features. Residential sector being the largest user of portable generators is facing the problem of deadly carbon monoxide emissions from portable gasoline-powered generators. Hence, this is resulting in the development of technology or method by manufacturers to reduce carbon monoxide emissions from portable generators.

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According to the latest report by Fact.MR, the global portable generators market is expected to witness steady growth, registering 5.1% CAGR during 2017-2022. Owing to the low-cost and providing power supply in an emergency, portable generators are gaining popularity among residents and businesses. Meanwhile, manufacturers are also focusing on various technologies to develop eco-friendly generators and to save fuel cost.

Key Market Segments Covered

By Power Output

  • Less than 1.0 KW Portable Generators
  • TO 3.0 KW Portable Generators
  • TO 5.0 KW Portable Generators
  • More than 5.0 KW Portable Generators

By End Use

  • Commercial Portable Generators
  • Residential Portable Generators
  • Industrial Portable Generators
  • Agricultural Portable Generators
  • Others

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The report has also profiled leading players in the global market for portable generators, which will remain active through 2022. These include companies such as Briggs & Stratton Corp, Champion Power Equipment, Generac Power Systems, Inc., Honeywell International Inc., Kohler Co. Inc., NIDEC Corp, STEPHILL GENERATORS LTD, and Yamaha Motor Co., Ltd.

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