Press release
Portable Generator Market in Construction Industry Will Grow At A CAGR Of 7.5% During The Period 2016-2019
About generatorsGenerators are backup devices designed to provide temporary AC or DC power. They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered via a fuel engine. Based on portability, generator can be segmented into portable and standby. Portable generators are the best solutions to provide AC power for standby non-hardwired applications. Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings as well as industrial and infrastructure sites, that is, where grid is unavailable.
Technavio's analysts forecast the global portable generator market in the construction industry to grow at a CAGR of 7.5% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global portable generator market in the construction industry for the period 2015-2019. Based on product range, the market can be segmented into three divisions:
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