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Portable Generators Market 2019 Report | Trends and Industry Growth

Author : Rahul Sankrityayan | Published Date : 2019-08-13 

Global Market Insights added a new report on Portable Generators Market to its research database. The report focuses on global major leading players with information such as company profiles, growth, product segment, technology segment, end user segment and region.

"The portable generators market from Commercial segment is projected to grow at a CAGR of 4% from 2019 to 2025."

Owing to increased energy consumption globally and regular occurrences of power outages, portable generators market has gained immense traction in the past several years. Today, generators have become an essential equipment for several small as well as large scale industries such as oil & gas and agriculture, as they enable continuous and uninterrupted supply of electricity to ensure consistent business growth. There is also substantial demand for portable generators industry from distribution facilities that are located in remote areas where utility power outages can last longer.

Request for a sample copy of this report @  https://www.gminsights.com/request-sample/detail/3384 

Global Portable Gensets Market, By Power Rating

  • <2 kVA
  • 2 - 3.5 kVA
  • 3.5 - 5 kVA
  • 5 - 6.5 kVA
  • 6.5 - 8 kVA
  • 8 - 15 kVA

With novel advancements and increased utilization of the technology, building & construction industry has to face many eminent challenges and one of the most vital is securing availability of power for undertaking construction activities. The industry cannot avail efficient grid supply when operating in remote areas where grid is unable to supply the required power continuously.

This is where many power generator providers are collaborating with prominent industries and taking efficient steps to cater to the increasing energy consumption. Evolving product demand across the construction segment will contribute substantially towards the expansion of global portable generators market.

Published Date: Jun 2019

Pages: 434

Tables: 846

Charts / Figures: 31

Companies covered: 16

Countries covered: 36

Growing demand for consistent and dependable power supply across the commercial landscape has enabled portable generators as being a key power source. With rising instances of natural disasters like hurricanes, the world has experienced considerable chaos and turmoil caused by long queues at the gas pumps, shelters, hospitals and other establishments. By experiencing such disasters, a law was passed in the U.S. state of Florida that all gas stations should have backup power generator sets installed. Unquestionably, implementing such laws that benefit businesses as well as the community would result in increasing number of opportunities for portable gensets industry players worldwide.

According to the U.S. Department of Energy, approximately 70% of transmission and distribution lines nationwide are more than 25 years old. Power infrastructure across the U.S. has been slowly degrading, as aging equipment coupled with networks struggle to keep up the pace with the rising demand for electricity. This could result in an upsurge in investments for backup power solutions and enhanced product demand for end-use sectors like commercial, residential, and construction, further reinforcing portable generators market stance.

As per the 2018 State of Commercial & Industrial Power Reliability report, 18% of companies in U.S. witnessed a loss of over $100,000 as a result of the worst power outage experienced by them. Several companies and manufacturers are expanding and augmenting their business outlook by adding unique features in their product lines. These include tremendous transformation in design and performance, manufacturing the product in a wide array of sizes and power ratings, and producing portable generators equipped with own fuel tanks incorporated with advanced power distribution equipment.

New advancement trends have placed the portable gensets market at the forefront of generator technology. Citing an instance, Generac, a Fortune 1000 American manufacturer of backup power generation products has recently introduced a new controller platform onto its MDG25 compact mobile diesel generator. The controller is aimed at simplifying the usage of the company’s portable genset for end-users who are unfamiliar with the operations of such an equipment. Undoubtedly, these novel innovations and product-driven approaches would significantly impel the industries to grow further.

Notable industry players operating across the global portable gensets market include Honda, Cummins, Generac, Yamaha, SDMO, Kirloskar Oil Engines Limited, Briggs & Stratton, Atlas Copco, Caterpillar amongst others.

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:

  • Leadership figures such as CEOs, CSOs, VPs etc. in key companies
  • Supply-chain participants, distributors and domain experts
  • Key customers and B2B clients

https://www.gminsights.com/methodology/detail/portable-generators-market

Chapter 4 Global Portable Generators Market, By Power Rating

4.1 Global portable generators market share by power rating, 2018 & 2025

4.2 <2 kVA

4.2.1 Global market from <2 kVA, 2014 – 2025

4.2.2 Global market from <2 kVA, by region, 2014 - 2025

4.3 2-3.5 kVA

4.3.1 Global market from 2-3.5 kVA, 2014 – 2025

4.3.2 Global market from 2-3.5 kVA, by region, 2014 - 2025

4.4 3.5-5 kVA

4.4.1 Global market from 3.5-5 kVA, 2014 – 2025

4.4.2 Global market from 3.5-5 kVA, by region, 2014 - 2025

4.5 5-6.5 kVA

4.5.1 Global market from 5-6.5 kVA, 2014 – 2025

4.5.2 Global market from 5-6.5 kVA, by region, 2014 - 2025

4.6 6.5-8 kVA

4.6.1 Global market from 6.5-8 kVA, 2014 – 2025

4.6.2 Global market from 6.5-8 kVA, by region, 2014 - 2025

4.7 8-15 kVA

4.7.1 Global market from 8-15 kVA, 2014 – 2025

4.7.2 Global market from 8-15 kVA, by region, 2014 - 2025

 

 

 

 

 

 

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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