Press release
Portable Generators Market to Reach $8.6 Billion, Globally, by 2032 at 4.8% CAGR | Opportunity Analysis and Industry Forecast, 2024-2032
Allied Market Research published a report, titled, "Portable Generators Market by Fuel Type (Diesel, Gasoline and Others), Power Output (Less than 3kW, 3-10kW and More than 10kW), Application (Domestic, Commercial and Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the portable generators market was valued at $5.6 billion in 2023, and is estimated to reach $8.6 billion by 2032, growing at a CAGR of 4.8% from 2024 to 2032.Prime determinants of growth
The growing popularity of outdoor recreational activities such as camping, RVing, and tailgating has boosted the demand for portable generators. These generators provide a convenient power source for outdoor enthusiasts to power appliances and electronic devices. Rapid urbanization and infrastructure development in emerging economies are driving the demand for portable generators. Construction sites, in particular, rely on portable generators to power tools and equipment in areas without access to the main electrical grid.
Download PDF Sample Copy: https://www.alliedmarketresearch.com/request-sample/2183
The less than 3kW portable generators segment is projected to grow at the highest CAGR.
Based on power output, the market is divided into less than 3kW, 3-10kW, and more than 10kW. Less than 3kW portable generators are ideal for residential use, providing sufficient power to run essential household appliances during power outages. As power outages become more frequent due to natural disasters and aging infrastructure, homeowners are increasingly investing in these smaller, cost-effective generators.
The commercial segment dominated the market in 2023.
Based on application, the market is segregated into domestic, commercial, and industrial. The commercial segment is the leading segment that dominated the global market share in 2023. There is a growing emphasis on sustainability in commercial real estate, with businesses and developers increasingly prioritizing eco-friendly construction practices. Smaller portable generators are typically easier to operate and maintain compared to larger, more complex units. This user-friendly nature appeals to consumers who prefer straightforward, reliable power solutions without the need for extensive technical knowledge.
Buy This Research Report (195 Pages PDF with Insights, Charts, Tables, Figures): https://www.alliedmarketresearch.com/checkout-final/70759b200ef01a7476fd60842e8dbf23
Asia-Pacific dominated the market share in terms of revenue in 2023.
The portable generators market is analyzed across North America, Europe, Asia-Pacific, Latin America, and MEA. In 2023, Asia-Pacific accounted for the largest market share, and it is expected to grow at a significant CAGR throughout the forecast period. China holds the maximum share in the portable generators industry in the Asia-Pacific region. In emerging economies, where power grid reliability can be inconsistent, there is a significant market for affordable and portable backup power solutions. Less than 3kW generators offer an economical and practical option for individuals and small businesses in these regions.
Inquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/2183
Leading Market Players: -
Generac Power Systems, Inc.
Cummins Inc.
Briggs & Stratton Corporation
Honda Motor Co., Ltd.
Caterpillar, Inc.
Eaton Corporation Plc
Kohler Co.
Yamaha Motor Corporation
Champion Power Equipment, Inc.
Smarter Tools, Inc.
The report provides a detailed analysis of these key players in the portable generators market. These players have adopted different strategies such as new product launches, expansion, and acquisitions to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Top Reports:
Water Chillers Market https://www.alliedmarketresearch.com/water-chillers-market-A09748
Air Compressor Market https://www.alliedmarketresearch.com/air-compressor-market
Construction 4.0 market https://www.alliedmarketresearch.com/construction-4-0-market-A10229
Industrial Valves Market https://www.alliedmarketresearch.com/industrial-valves-market
Aluminum Cladding Panels Market https://www.alliedmarketresearch.com/aluminum-cladding-panels-market
Printing Machinery Market https://www.alliedmarketresearch.com/printing-machinery-and-equipment-market-A12453
Air Handling Units Market https://www.alliedmarketresearch.com/air-handling-units-market-A08969
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
https://medium.com/@kokate.mayuri1991
https://www.scoop.it/u/monika-718
https://bfsibloghub.blogspot.com/
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Portable Generators Market to Reach $8.6 Billion, Globally, by 2032 at 4.8% CAGR | Opportunity Analysis and Industry Forecast, 2024-2032 here
News-ID: 4011221 • Views: …
More Releases from Allied Market Research
Global Smart Waste Management Market to Hit $8.3 Billion by 2032 | Transforming …
One of the key factors fueling the growth of the smart waste management market is the increasing volume of waste generated worldwide. With rapid urbanization and expanding industrial activities, traditional waste management methods are struggling to keep up with the rising waste output. Smart waste management systems provide an effective solution by optimizing collection schedules, enhancing sorting accuracy, and streamlining disposal processes, making them vital for handling large-scale waste efficiently.
In…
Construction Equipment Market to Hit New Heights by 2031, Rising at 4.8% CAGR wi …
Construction equipment refers to specially engineered machinery designed to perform or support various construction activities. These machines include wheel bulldozers, front loaders, dump trucks, backhoe loaders, graders, crawler dozers, compactors, excavators, forklifts, concrete mixer trucks, and more. Each type of equipment serves distinct functions such as drilling, hauling, excavating, paving, grading, and lifting. Beyond construction and infrastructure projects, construction equipment also finds applications across industries like manufacturing and oil &…
Industrial Robotics Market to Soar at 12.6% CAGR Through 2032 | Powering Industr …
Industrial robotics is a sector that deals with the development, manufacture, and implementation of automated systems and robotic solutions in a variety of industries. These advanced robots are designed to perform a variety of tasks with remarkable accuracy, velocity, and productivity, and are employed in a variety of industrial settings to replace or assist human workers. These robots are employed to improve productivity, reduce safety, and streamline processes in a…
Modular Construction Industry on Track for $234.7 Billion by 2031, Growing at 6. …
According to the report published by Allied Market Research, the global modular construction market generated $131.1 billion in 2021, and is estimated to reach $234.7 billion by 2031, witnessing a CAGR of 6.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
