Global Portable Generators Market Trajectory & Analytics, 2020-2022 & 2027 - Evolving Smart Cities Necessitates Continuous Power Supply, Driving the Demand for Portable Generator - ResearchAndMarkets.com

The "Portable Generators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Portable Generators Market to Reach $3 Billion by 2027

Amid the COVID-19 crisis, the global market for Portable Generators estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027.

Emergency, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Prime/continuous segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $750.5 Million, While China is Forecast to Grow at 5.6% CAGR

The Portable Generators market in the U.S. is estimated at US$750.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$445.7 Million by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• A Prelude to Portable Generators
• Portable Generators: Global Growth Prospects and Outlook
• Diesel Generators Dominate the Market
• Gasoline Generators to Witness the Fastest Growth
• Prime/Continuous Power Generators to Grow at the Fastest Rate
• Residential Sector: Largest End-Use Market
• Demographics & Societal Developments Accelerate Demand for Portable Residential Generators
• Replacement Demand to Sustain Demand for Residential Generators in Mature Developed Markets
• Growing Investments in Smart Homes Drive Strong Business Case
• US Dominates, Asia-Pacific to Witness Fastest Market Growth
• Competitive Market Presence - Strong/Active/Niche/Trivial for 69 Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 69 Featured)

• Atlas Copco AB
• Briggs & Stratton Corporation
• Caterpillar, Inc.
• Champion Power Equipment
• Eaton Corporation PLC
• Generac Power Systems, Inc.
• Honda Motor Co., Ltd.
• Honeywell International, Inc.
• Kohler Co.
• Kubota Corporation
• Siemens AG
• Wacker Neuson SE
• Yamaha Motor Co., Ltd.

3. MARKET TRENDS & DRIVERS

• Increasing Number of Weather-related Power Outages
• Weather-related Power Outages in Recent Years
• Impact of Heat Waves on Grid Stability
• Impact of Severe Weather on Security Systems
• Detroit Gears Up to Enhance Power Grid Security
• Rising Demand for Portable and Onsite Generators
• Exponential Increase in Global Population, and Heavily Burdened Electric Power Infrastructure Benefit Market Expansion
• Global Economic Environment Influences Demand Dynamics in the Portable Generators Market
• Exponential Increase in Urbanization Rate: A Mega Trend Favoring Market Expansion
• Need for Continuous Power Supply Drive Widespread Adoption of Portable Generators
• Rise in Construction Activity to Drive Market Growth
• Projected Increase in Construction Investments Favors Portable Generators Market
• Technological Advancements Drive Portable Generators
• Select Top Portable Generators with Wireless Remote Start Functionality
• Increasing Demand for Biofuel Portable Generators
• Growing Popularity of Automatic, Intelligent, and Smart Generators Drive Healthy Market Growth
• Advanced Technology and Connectivity Make Residential Generators Smarter
• Automatic Generators Integrated with Smart Technologies
• Evolving Smart Cities Necessitates Continuous Power Supply, Driving the Demand for Portable Generator
• Select Product Innovations and Launches
• Stringent Environmental Regulations to Limit Carbon Emissions Restrain Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/5azs7r

View source version on businesswire.com: https://www.businesswire.com/news/home/20220630005468/en/