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Global Portable Generators Market Insights, Future Demand, Growth Factors, Production Analysis And Top Key Players Data (2023-2032) | Yamaha Motor Company Limited., Kohler Co., General Electric Company, Caterpillar Inc., Cummins Inc
Portable Generators Market
As per the Portable Generators Market report by The Business Research Company, the growing rate of urbanization coupled with the increasing frequency of power grid failures is propelling the growth of the portable generators market. Electricity is key to the economic progress of a nation but many countries in the world do not have proper grid infrastructure due to which there is an inadequate power supply which hampers operations of residential and industrial spaces.
The global portable generators market size grew from $5.09 billion in 2022 to $5.64 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The portable generators market size is expected to grow to $8.47 billion in 2027 at a CAGR of 10.7%.
Read More On The Portable Generators Market Report Here:
https://www.thebusinessresearchcompany.com/report/portable-generators-global-market-report
Major competitors in the Portable Generators Market include Yamaha Motor Company Limited., Kohler Co., General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell international Inc., Generac Power Systems Inc., Eaton, Briggs & Stratton Corporation, Atlas Copco (India) Ltd., WackerNeuson SE., Champion, WINCO, Harrington Generators International Ltd., Multiquip Inc., Kirloskar Electric co. Ltd., Stanley Black & Decker Inc., STEPHILL GENERATORS Ltd., and Techtronic Industries Co. Ltd.
The Portable Generators Market is segmented -
By Fuel Type: Diesel, Gas, Other Fuel Types
By Product Type: Conventional Portable Generator, Inverter Portable Generator
By End-User: Residential, Commericial, Industrial
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Portable Generators Market.
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The portable generator provide electrical power where electricity is unavailable or required for temporary purposes. A portable generator is a gas- or diesel-powered device designed typically to be an electrical generator that measures power in hours of use instead of days. Portable generators provide electricity by running a gas-powered engine that turns an on-board alternator, which generate electrical power. These generators provide temporary, easily transportable electric power, and are very commonly found in daily operation on all work and leisure sites.
The Table Of Content For The Portable Generators Market Include:
1. Executive Summary
2. Portable Generators Market Characteristics
3. Portable Generators Market Trends And Strategies
4. Portable Generators Market - Macro Economic Scenario
5. Portable Generators Market Size And Growth
……
27. Portable Generators Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Portable Generators Market
29. Portable Generators Market Future Outlook and Potential Analysis
30. Appendix
The "Global Portable Generators Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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