Portable Generators Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | YellowScan, Kohler Co., General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell International Inc., Generac Power Systems Inc., Eaton Pl

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2641

The Business Research Company offers in-depth market insights through Portable Generators Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The portable generators market size has grown steadily in recent years. It will grow from $5.14 billion in 2023 to $5.37 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to rise in power outages, construction industry growth, rise in outdoor activities, rise in demand for home power backup, governmnet support.

The portable generators market size is expected to see steady growth in the next few years. It will grow to $6.33 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to rising remote work, aging grid infrastructure, environmental regulations, rising disposable income. Major trends in the forecast period include hybrid and dual-fuel generators, smart generator technology, solar-powered portable generators, eco-friendly generators, integration of lithium-ion batteries.

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6004&type=smp

Market Segmentation:
The main product types of portable generators are conventional portable generator and inverter portable generator. Inverter portable generators have varying speeds depending on the power required for a task; the more power required the faster the engine runs, making them more fuel-efficient. Some of these generators also have fixed speed set points, which helps with loads changing too frequently as small loads turn on and off. The fuels used in portable generators are diesel, gas, and others and these generators are used by residential, commercial, and industrial end users.

Major Driver - Urbanization And Power Grid Failures Drive Growth In The Portable Generators Market
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. Portable generators help provide a reliable power supply during a blackout and ensure continuous electricity supply for residential applications, as well. Moreover, rising concerns about power instability in the residential sector due to natural calamity, and uninterrupted operations are also driving the portable generator market. For instance, in October 2022, The World Bank, an a US-based international financial institution, 4.4 billion people, or 56% of the world's population, reside in urban areas. By 2050, approximately 7 out of 10 people will live in cities, with the urban population predicted to more than double from its current level. This surge in urbanization leads to an increase in the demand for portable generators.

Competitive Landscape:
Major companies operating in the portable generators market include YellowScan, Kohler Co., General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell International Inc., Generac Power Systems Inc., Eaton Plc, Briggs & Stratton Corporation, Atlas Copco (India) Ltd., WackerNeuson SE., WIN Co., Harrington Generators International Ltd., Multiquip Inc., Kirloskar Electric Co. Ltd., Stanley Black & Decker Inc., STEPHILL GENERATORS LTD, Techtronic Industries Co. Ltd., Honda Power Equipment, WEN Products, Westinghouse Electric Corporation, DuroMax Power Equipment, Firman Power Equipment, Doosan Portable Power, Ingersoll Rand, Himoinsa S.L., Pramac Co., Ryobi Limited, DeWalt Inc., Greenworks Tools, ECHO Incorporated, Lifan Power USA, All Power America LLC

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/portable-generators-global-market-report

Top Trend - Growth Of Bi-Fuel Portable Generators
The use of bi-fuel portable generators is a key trend gaining popularity in the portable generators market. Portable generator manufacturers have been working on technological advancements to help develop bi-fuel technology. Bi-fuel portable generators provide fuel efficiency by making use of two fuel types, generally utilizing both diesel and natural gas, providing extended running times and significant reliability. These generators are scalable and reduce the costs of storing and managing large quantities of diesel fuel. Furthermore, governments are implementing strict regulations primarily for diesel fuel-powered engines. Bi-fuel portable generators are more environmentally friendly emitting far less NOx and particulate matter than a standard diesel generator. For instance, Generac's Bi-Fuel are EPA certified and emit about 30% fewer nitrogen oxides and 50% less particulate matter than comparable diesel-only units.

The Table Of Content For The Market Report 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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

This release was published on openPR.