Press release
Portable Generator Market Valued at USD 2.5 Billion in 2023, Projected to Reach USD 3.76 Billion by 2030 with a 6% CAGR
Portable Generator Market
The Portable Generator Market size was valued at USD 2.5 Bn. in 2023 and the total Portable Generator Market revenue is expected to grow at a CAGR of 6% from 2024 to 2030, reaching nearly USD 3.76 Bn.
Portable Generator Market Overview:
A portable generator is a mobile power generation device. It is designed to simply move and use in different locations. Portable generator comprises of an internal combustion engine fueled by gasoline or propane and an integrated generator system. These generators are available in a range of sizes and power capacities to cater to distinct operational requirements.
The key driving factors for portable generator market such as harsh weather conditions, rising population and increasing popularity of outdoor activities are analysed in the report. The growing opportunities in portable generator market like in Small and Medium-Sized Enterprises (SMEs), residential and increasing energy needs are also highlighted in the report. Residential, being the most promising end user, is expected to grow up to 45%. Application in commercial and industries are contributing to the growing demand of portable generator market. New technological advancement in portable generator done by companies like Honda, Cummins, Atlas Copco and Himoinsa have enabled generating with Digital Controls, Exhaust Gas Recirculation (EGR) and Selective Catalytic Reduction (SCR) and Sound Attenuation.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Portable-Generator-Market/1578
What are Portable Generator Market Dynamics?
The need for uninterrupted power supply is necessary for industries, corporations and for education as well. The report has identified the primary reasons for power blackouts. Rising frequency of natural disasters like hurricanes, earthquakes, and wildfires, coupled with faults in the power grid, there is surge in demand for uninterrupted reliable power supply, and to cater the rising demand, portable generators are gaining popularity. According to research conducted by StellarMR, Businesses in America incur around 120-140 billion dollar loss due to power blackouts.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.stellarmr.com/report/req_sample/Portable-Generator-Market/1578
What is Portable Generator Market Regional Insight?
Regulation impact on the overall portable generator is detailed in the report. Few regulation insights such as in the United States, the Environmental Protection Agency (EPA) establishes emissions standards to reduce air pollution from portable generators. The Occupational Safety and Health Administration (OSHA) outlines guidelines for the secure use of these generators in workplaces. In China, regulations for portable generators fall under environmental protection laws and safety standards. It is crucial for manufacturers, sellers, and users of portable generators to stay informed about and adhere to the relevant regulations. This ensures both environmental preservation and public safety.
What is Portable Generator Market Segmentation?
By Fuel Type
Diesel
Gasoline
Natural Gas
Others
By power type
Low
Medium
High
Very High
By end user
Commercial
Industrial
Residential
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Portable-Generator-Market/1578
Some of the current players in the Portable Generator Market are:
Cummins Inc.
Deere and Co.
Honeywell International Inc.
Kohler Co.
Atlas Copco AB
KAZANCI HOLDING
Eaton Corp. Plc
Siemens AG
Wacker Neuson SE
JCB Power Products
Perkins Engines Company Limited
Doosan Corp.
Key Offerings:
Past Market Size and Competitive Landscape
Portable Generator Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Portable Generator Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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