May 31, 2018 - 6:40 AM EDT
Print Email Article Font Down Font Up
Global Portable Generators Market Size Expected to Reach $4,913 Million by 2022

PORTLAND, Oregon and PUNE, India, May 31, 2018 /PRNewswire/ --

According to, a new report by Allied Market Research, titled, "Portable Generators Market by Fuel Type, Power Output, and Application: Global Opportunity and Forecast, 2014-2022", the global portable generators market size was valued at $3,146 million in 2015, and is projected to reach $4,913 million by 2022, growing at a CAGR of 6.6% from 2016 to 2022.

     (Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg )

The 3-10 kW generators are on high demand in commercial applications, which include college tailgate events, concerts, live shows, and many others. In addition, major players offer several generators in this product category make it a potential market in power output segment.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2183

North America was the largest market in portable generators industry for 2015. Owing to growth in need of in-house power backup, Canada and Mexico are expected to grow with a significant growth rate. Other fuel sources including bio-diesel, propane, and other natural gas are on high demand in environment stringent countries, such as UK, Germany, France, U.S., Canada, and others.

Industrial application segment is expected to grow at the highest CAGR during the forecast period, owing to elevated industrial and development projects in the emerging economies, which include China, India, Japan, Russia, Brazil, and South Africa. In several constructions sites which lay beyond regular power supply areas and remote places, requirement of portable power generators are considered vital to power machines and electric tools.

Based on the geography, the portable generators industry is segmented into four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2014, accounting for around 35.5% share of the overall portable generators market size. The Asia-Pacific market is projected to grow at the highest CAGR of 8.0% during the forecast period, driven by the adoption of diesel fueled portable generators for commercial and industrial applications.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2183

The report features a competitive scenario of the portable generators industry and provides comprehensive analysis of key growth strategies adopted by major players. Key players profiled in the study are Generac Power Systems, Inc., Cummins Inc., Briggs & Stratton Corporation, Honda Motor Co., Ltd., Caterpillar, Inc., Eaton Corporation Plc, Kohler Co., Yamaha Motor Corporation, Champion Power Equipment, Inc., and Smarter Tools, Inc. All these players are involved in competitive strategies including new product launch, business expansion, and collaboration to augment growth of the global portable generators market.

Key Findings of the Portable Generators Market: 

  • Diesel segment accounted for the highest share of the portable generators market in 2015, growing at a CAGR of 6.4%.
  • North America generated the highest revenue in 2015, valued at $1,109 million.
  • Asia-Pacific dominated the market in terms of growth during the forecast period.
  • The U.S. was leading in terms of expenditure on portable generators market in 2014. In addition, India, China, and other emerging markets are projected to provide significant opportunities for major players.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. 

Similar Reports: 

Electric Motor Market - Global Opportunity Analysis and Industry Forecast, 2014-2022

Rotary Air Compressor Market - Global Opportunity Analysis and Industry Forecast, 2016-2023

About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
[email protected]

Web: https://www.alliedmarketresearch.com


Source: PR Newswire (May 31, 2018 - 6:40 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice