Global Portable Generators Market– Competitive Insights, Influencing Factors, Market Size & Forecasting (2016-2028)
The portable generators market is one of the established markets in the generator manufacturing industry. They are used in numerous activities such as musical shows, weddings, and residential areas for emergency power supply during power cuts. One of the major factors responsible for the growth of the portable generator market is its portable feature. It can be transported and set up to any place where there is a frequent power cut. It is now mostly seen in residential areas as well as hospitals to provide emergency power backup, which is influencing the growth of the portable generators market. Moreover, the use of portable generators in various industries has increased the market value and demand for portable generators.
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Increasing demand for portable power supply systems
Countries in developing regions such as the Asia Pacific, the Middle East, and South America have witnessed economic growth in the past few decades. Due to the rise in outdoor activities such as concerts, weddings, and functions in remote areas or villages, the demand for portable generators has also increased. Most industries are situated in remote areas where electricity supply is not continuous.
The Asia Pacific is expected to witness high demand during the forecast period
The Asia Pacific is the fastest-growing market for portable generators, owing to high demand from rapidly growing economies such as China, India, South Korea, etc. Moreover, increasing industrialization in countries such as India, China, etc., has positively impacted market growth. Furthermore, an increasing number of hospitals, residential areas, and outdoor activities such as concerts, weddings, etc., in India has led to high demand for portable generators.
Major companies manufacturing portable generators, such as Kohler, Briggs &Straton, Honda Motors, Yamaha Motor Corporation, Generac, Cummins Inc., Eaton Corporation Plc., Caterpillar Inc., Champion Power Equipment Inc., and Wacker Neuson, among others, have been profiled in the study to provide a competitive view about the market.
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By Fuel Type:
• Natural Gas
By End User:
By Power Output:
• Less Than 3kW
• More Than 10kW
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What Does This Report Provide?
This report provides a detailed understanding of the portable generators market from a qualitative and quantitative perspective with a forecast of 10 years. The report also provides dynamic indicators with potential impact on the market during the forecast period and in-depth analysis of the leading companies operating in the market
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