Portable Generator Market size was valued at USD 2342.48 Million in 2023 and the total Portable Generator Market revenue is expected to grow at a CAGR of 6.25% from 2024 to 2030, reaching nearly USD 3580.15 Million.
Portable Generator Market Overview:
The Portable Generator market research delivers an in-depth analysis of the competitive landscape, detailing market share and profiling the leading companies in the global sector. This study encompasses a detailed evaluation of the Portable Generator Market, exploring the factors driving growth disparities across various segments within the industry.
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Market Scope:
Both top-down and bottom-up methodologies are employed to confirm the market size and project the dimensions of the market across various segments. These estimations are derived from sale prices, excluding any discounts offered by manufacturers, distributors, wholesalers, or traders. The calculations of percentage splits, market shares, and segment breakdowns are based on weights allocated to each segment according to their usage rates and average sale prices. To ascertain the distribution of the market and its sub-segments by country, the percentage of market size adoption or usage in each specific region or nation is used.
Segmentation:
by Power Rating
Less than 5kW
5–10kW
Above 10kW
by Fuel Type
Diesel
Gasoline
Natural Gas
Others
by End User
Commercial
Industrial
Residential
Key Players:
Secondary research is conducted to pinpoint market leaders, whereas both primary and secondary research are utilized to determine market revenue. The secondary research involves analyzing annual and financial reports of prominent manufacturers. In contrast, primary research includes in-depth interviews with key opinion leaders and industry experts, such as seasoned front-line staff, CEOs, and marketing executives. Percentage splits, market shares, growth rates, and global market breakdowns are initially calculated using secondary sources and subsequently validated through primary sources. The major players in the Portable Generator market include:
North America Portable Generator Market Top Players:
1. Generac Holdings Inc. - (USA)
2. Briggs and Stratton LLC - (USA)
3. Caterpillar, Inc.. - (USA)
4. Cummins Inc. - (USA)
5. Deere and Co. - (USA)
6. Honeywell International Inc. - (USA)
7. Kohler Co. - (USA)
Europe Portable Generator Market Top Players:
1. Atlas Copco AB - (Sweden)
2. KAZANCI HOLDING - (Turkey)
3. Eaton Corp. Plc - (Ireland)
4. Siemens AG - (Germany)
5. Wacker Neuson SE - (Germany)
6. JCB Power Products - (United Kingdom)
7. Perkins Engines Company Limited - (United Kingdom)
8. MTU Onsite Energy - (Germany)
APAC Portable Generator Market Top Players:
1. Doosan Corp. - (South Korea)
2. H.S. ENGINEERS - (India)
3. Himalayan Power Machines Co. - (India)
4. Honda Motor Co. Ltd. - (Japan)
5. ITOCHU Corp. - (Japan)
6. Kirloskar Oil Engines Ltd. - (India)
7. Skyline Power Solutions - (India)
8. Yamaha Motor Co. Ltd. - (Japan)
9. Yanmar Holdings Co. Ltd. - (Japan)
10. Atlas Copco (India) Ltd. - (India)
Regional Analysis:
The regional analysis in the Portable Generator market study also addresses specific market influencing factors and changes in market legislation that impact both current and future trends. To assess the overall market potential and identify profitable patterns, current and future trends are examined in depth. The evaluation of geographical markets is grounded in both the current landscape and projected trends, providing a comprehensive understanding of the market dynamics.
COVID-19 Impact Analysis on Portable Generator Market:
From January 2020 to May 2020, several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, experienced a slowdown in growth in end-user industries utilizing Portable Generator due to operational halts. This led to a marked decrease in revenue for companies within these sectors and a subsequent decline in demand for Portable Generator manufacturers, impacting the overall growth of the Portable Generator market in 2020. The global rise in COVID-19 cases and the implementation of lockdowns caused a sharp drop in the demand for Portable Generator from end-user businesses.
Key Questions Answered in the Portable Generator Market Report are:
- Which segment dominated the Portable Generator market in terms of share in 2024?
- How is the competitive landscape structured in the Portable Generator market?
- What are the primary drivers of growth in the Portable Generator market?
- Which region holds the largest market share in the Portable Generator market?
- What is the projected CAGR for the Portable Generator market during the forecast period? the forecast period (2024-2030)?
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About Us:
About Maximize Market Research:
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