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Market Research Report
Portable Generators Market Size By Product (Conventional/Inverter Portable Generator), Fuel & Power Rating, Phase, End-Use, Industry Analysis, Regional Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020-2026 |
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Published by | Global Market Insights Inc. | Product code | 966134 | ||||
Published | Content info | 550 Pages Delivery time: 2-3 business days |
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Portable Generators Market Size By Product (Conventional/Inverter Portable Generator), Fuel & Power Rating, Phase, End-Use, Industry Analysis, Regional Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020-2026 | ||
Published: October 15, 2020 | Content info: 550 Pages |
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Title:
Portable Generators
Market Size By Product (Conventional Portable Generator, Inverter Portable Generator), By Fuel & Power Rating (Diesel {<20 kW, 20-50 kW, >50-100 kW}, Gasoline {<2 kW, 2-5 kW, 6-8 kW, >8-15 kW}, Others), By Phase (Single Phase, Three Phase), By End-Use (Residential, Commercial, Construction), Industry Analysis Report, Regional Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026.
The global portable generators market size is expected to witness a meteoric rise in the years to come. This growth can be aptly credited to the robust requirement of uninterrupted power supply worldwide. Increasing demand for electricity in remote areas and the subsequent surge in rural electrification programs will push portable generators industry share.
Increasing grid upgradation projects and rising number of power outages in certain regional zones will also help impel the product demand in the years to come. The Westinghouse WGEN7500 Portable Generator for example, is one of the best there is, for emergency electric power fluctuations and sudden blackouts. This portable generator has a 9,500-watt capacity and boasts of a very large 6.6 gallons fuel tank. Apparently, the generator also comes with a simple, convenient remote start, enabling customers to use it from the confines of their homes.
With respect to the product spectrum, the global portable generators market is divided into inverter and conventional portable generators. The ability of the inverter generator to operate at a slower speed and also thereby, save energy, will push the product demand. In addition, these products are highly fuel-efficient and possess lower total harmonic distortion (THD), which will further augment the segment growth.
With regards to the fuel and power rating, the global portable generators industry is categorized into diesel, gasoline, and others. The diesel segment is divided into < 20 kW, 20-50 kW, and > 50-100 kW. The >50-100 kW diesel segment, in 2019, held more than 30% of the Vietnam portable gensets market share and will depict an appreciable growth rate in the years to come.
The gasoline segment is further categorized into < 2 kW, 2-5 kW, 6-8 kW, and > 8-15 kW. Of these, the Egypt portable generators market size from <2 kW gasoline segment may depict a CAGR of more than 5% through 2026, driven by the rising demand for uninterrupted electricity supply.
Portable generators industry share from the 2-5 kW gasoline segment will also exhibit an appreciable growth rate, owing to increasing disposable incomes of consumers and enhanced standards of living, which will eventually surge product installation, especially in posh residential areas.
Pertaining to the phase segment, portable generators industry is segmented into single phase and three phase, of these, the single phase segment, in 2019, held more than 80% of the Austria portable generators market share, in terms of volume.
With regards to the end-use spectrum, portable generators market spans the residential, commercial, and the construction areas.
Regionally speaking, portable generator sales are quite high across Europe, Latin America, the Middle East and Africa, North America, and the Asia Pacific. LATAM portable generator market outlook is expected to be rather positive, owing to rising product deployment across residential establishments as well as small scale commercial activities in remote areas.