Portable Generator Set Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
Portable Generators Market size was valued at over USD 5 billion in 2020 at CAGR of 6% and the annual installation is anticipated to reach over 12 million units by 2027.
A portable generator set is defined as an engine driven equipment that converts chemical energy derived from the fuel supplied to the engine into electrical power. Chronic outages, inadequate power supply, shifting consumer preferences along with ongoing infrastructural expansion will define the global portable generators market trends in the coming years. Growing consumer dependency on electricity backup solutions in order to sustain everyday operations will boost the product installation.
Some of the companies that are profiled in this report are:
- Briggs & Straton
- Honda
- Kohler
- Yamaha
- Kubota
- Champion
- Siemens
- Caterpillar
By Type:
- Less than 5kW
- 5-10kW
- Above 10kW
By Application:
- Residential
- Commercial
- Industrial
Scope of the Report
The research study analyzes the global Portable Generator Set industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Portable Generator Set Market Report
1. What was the Portable Generator Set Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Portable Generator Set Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Portable Generator Set Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation