Research and Markets: Portable Generator Market in Americas 2015-2019 - Emergence of Next-Generation Generators a Major Market Trend
Research and Markets (http://www.researchandmarkets.com/research/k3c5q4/portable)
has announced the addition of the "Portable
Generator Market in Americas 2015-2019" report to their
The portable generator market in the Americas to grow at a CAGR of 6.8%
over the period 2014-2019.
This report covers the present scenario and the growth prospects of the
portable generator market in the Americas during the period 2015-2019.
For ascertaining the market size and vendor share, the report considers
revenue generated from the sales of portable generators. The report
covers the market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors
operating in this market.
Market vendors are focusing on developing advanced generators with
enhanced features and functionalities to keep up with the competitive
business environment. For instance, some vendors are developing
generators with comprehensive control and monitoring systems, which can
improve the overall efficiency of the generator. These technologies are
designed to help automatically control the speed of generator engines to
increase energy efficiency. Moreover, smart generators are bundled with
additional features to allow remote monitoring through the Internet.
These next-generation generators will also help vendors comply with
eco-friendly standards, since they have built-in electronic governors
and automatic voltage regulators.
According to the report, both portable natural gas and diesel generator
markets will exhibit strong growth rates over the forecast period,
contributing significantly to the overall generator market. New natural
gas generators offer advantages such as less maintenance costs,
noise-free operation, safety, and less cold starting problems than
diesel and gasoline generators. Apart from advantages of the new
technology, the shale gas boom in the US has resulted in easy
availability of gas, due to increased production and drop in oil prices.
This has also driven the demand for natural gas portable generators.
Further, the report states that advantages of stationary generators will
sustain their popularity throughout the forecast period and negatively
impact the market for portable generators.
Briggs & Stratton
Champion Power Equipment
Cummins Power Systems
Generac Power Systems
Other prominent vendors
Scott's Emergency lighting and Power Generation
For more information visit http://www.researchandmarkets.com/research/k3c5q4/portable
View source version on businesswire.com: http://www.businesswire.com/news/home/20151109006126/en/
Copyright Business Wire 2015
Source: Business Wire
(November 9, 2015 - 10:31 AM EST)
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