This report was recently updated on April 11 2024 with the latest and most recent
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Global Portable Generator Market Size, Trends & Analysis - Forecasts to 2027 By Application (Emergency, Prime/Continuous), By Fuel (Gasoline (Petrol), Diesel, Natural Gas, Others (LPG, Propane, and Biodiesel)), By Power Rating (Below 5 kW, 5–10 kW, 10–20 kW), By End-Users (Residential, Commercial, and Industrial), Company Market Share Analysis, and Competitor Analysis
The global portable generator market is projected to grow from USD 3.9 billion in 2022 to USD 5.8 billion by 2027 at a CAGR value of 6.7% from 2022 to 2027. The dependency on electricity in our life, whether it's business or in homes, is relatively high. Still, around 20% of the population experiences power cuts and outages every day and relies on typical generators. Handy and portable generators have replaced standard generators with technological advancement.
Portable generators are handy and are run by gas- or diesel-powered device which provides temporary electricity. Electrical appliances and devices can then be directly connected to the generator or through electricity panels.
The rising demand for portable generators has increased due to emergencies and uncontrolled events like tsunamis, floods, earthquakes, bushfires, storms, hurricanes, volcanic eruptions, etc. In light of such events, portable generators are best in use. Also, many regions and areas worldwide are highly prone to calamities and events. The portable generators can be used there effectively, and this is forecasted for the growth of the market sector globally.
With emerging, new technologies and advancements in the market, better portable generators have come. There is a lot of demand for portable inverter generators. Inverter generators utilize advanced electronic circuits and designs along with components such as magnets, resistors, and others. Unlike standard generators, inverter generators provide pure AC power and primarily power current-sensitive appliances. Inverter generators are gaining traction in the small-scale household generator market.
Also, the growing demand for dual fuel has impacted portable generators. Dual fuel generators combine the benefits of both gas and diesel generators, enhancing backup power system dependability. Dual fuel portable generators typically run-on gas, but they may also run entirely on diesel in an emergency. Some generator manufacturers embrace dual-fuel technology to overcome diesel engine pollution restrictions and higher running expenses. As a result, traditional diesel generator sets are being phased out in dual fuel generators.
Furthermore, due to rising oil and gas exploration and development activities and aging of electric infrastructure, fuelled by growth in technology and IoT, computer-controlled portable generators are projected to grow in the global portable generator market.
The COVID-19 had a major impact on the global portable generator market. The imposition of strict lockdowns and norms laid by the government in the nation has stalled the market of portable generators in the world. Governments and municipal governments established severe restrictions. All non-essential activities were suspended, and end users' daily operations were halted; this negatively impacted the portable generator business.
Furthermore, manufacturing and supply chain delays were seen in the second quarter, posing a challenge to the portable generator market, as end-user industries were still not functioning at total capacity.
The market is further segmented into emergency and prime/continuous based on the application. The emergency segment holds the largest market share in the global portable generator market.
Based on the fuel, the market is segmented into gasoline (petrol), diesel, natural gas, others (LPG, propane, and biodiesel). The petrol segment is projected to grow at the fastest CAGR in the global portable generator market during the forecast period.
Based on power rating, the market is segmented Below 5 kW, 5–10 kW, 10–20 kW. The 5-10kW segment is the largest contributor in the market.
The market is further segmented into residential, industrial, and commercial based on end-users. The largest shareholder in this segment is the residential sector.
The market is segmented into North America, Central and South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The North American region is expected to hold the dominant share of the market. The APAC region is anticipated to become the fastest-growing region.
Atlas Copco (Sweden), Briggs & Stratton (US), Generac (US), Honda (Japan), Yamaha (Japan), Caterpillar (US), Cummins (US), Eaton (Ireland), Honeywell (US), Siemens (Germany), Wacker Neuson (Germany), Kubota (Japan), Kohler (US), Champion (US), Himoinsa (Spain), Duromax (US), Loncin (China) among others are the key players in the portable generator market.
Please note: This is not an exhaustive list of companies profiled in the report.
Chapter 1 Methodology
1.1 Market Scope & Definitions
1.2 Estimates & Forecast Calculation
1.3 Historical Data Overview and Validation
1.4 Data Sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Report Outlook
2.1 Portable Generator Industry Overview, 2022-2027
2.1.1 Industry Overview
2.1.2 End-Users Overview
2.1.3 Fuel Overview
2.1.4 Power Rating Overview
2.1.5 Application Overview
2.1.6 Regional Overview
Chapter 3 Portable Generator Market Trends
3.1 Market Segmentation
3.2 Industry Background, 2022-2027
3.3 Market Key Trends
3.3.1 Positive Trends
3.3.1.1 Rising oil and gas exploration and development activities and aging of electric infrastructure
3.3.1.2 Growing demand for Dual Fuel has impacted portable generators
3.3.2 Industry Challenges
3.3.2.1 Increasing norms and restrictions by the government on the diesel output in portable generators as they emit hazardous gases
3.4 Prospective Growth Scenario
3.4.1 End-Users Growth Scenario
3.4.2 Fuel Growth Scenario
3.4.3 Power Rating Growth Scenario
3.4.4 Application Growth Scenario
3.4.5 Regional Weight Scenario
3.5 COVID-19 Influence over Industry Growth
3.6 Porter’s Analysis
3.7 PESTEL Analysis
3.8 Value Chain & Supply Chain Analysis
3.9 Regulatory Framework
3.9.1 North America
3.9.2 Europe
3.9.3 APAC
3.9.4 LATAM
3.9.5 MEA
3.10 End-Users Overview
3.11 Market Share Analysis, 2022
3.11.1 Company Positioning Overview, 2022
Chapter 4 Portable Generator Market, By Application
4.1 End-Users Outlook
4.2 Emergency
4.2.1 Market Size, By Region, 2022-2027 (USD Billion)
4.3 Prime/Continuous
4.3.1 Market Size, By Region, 2022-2027 (USD Billion)
Chapter 5 Portable Generator Market, By Fuel
5.1 Fuel Outlook
5.2 Gasoline (Petrol)
5.2.1 Market Size, By Region, 2022-2027 (USD Billion)
5.3 Diesel
5.3.1 Market Size, By Region, 2022-2027 (USD Billion)
5.4 Natural Gas
5.4.1 Market Size, By Region, 2022-2027 (USD Billion)
5.5 Others (LPG, Propane, and Biodiesel)
5.5.1 Market Size, By Region, 2022-2027 (USD Billion)
Chapter 6 Portable Generator Market, By Power Rating
6.1 Below 5 kW
6.1.1 Market Size, By Region, 2022-2027 (USD Billion)
6.2 5–10 kW
6.2.1 Market Size, By Region, 2022-2027 (USD Billion)
6.3 10–20 kW
6.3.1 Market Size, By Region, 2022-2027 (USD Billion)
Chapter 7 Portable Generator Market, By End-Users
7.1 Application Outlook
7.2 Residential
7.2.1 Market Size, By Region, 2022-2027 (USD Billion)
7.3 Commercial
7.2.1 Market Size, By Region, 2022-2027 (USD Billion)
7.4 Industrial
7.4.1 Market Size, By Region, 2022-2027 (USD Billion)
Chapter 8 Portable Generator Market, By Region
8.1 Regional outlook
8.2 North America
8.2.1 Market Size, By Country 2022-2027 (USD Billion)
8.2.2 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.3 Market Size, By Fuel, 2022-2027 (USD Billion)
8.2.4 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.2.5 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.6 Market Size, By Regional, 2022-2027 (USD Billion)
8.2.7 U.S.
8.2.7.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.7.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.2.7.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.2.7.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.7.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.2.8 Canada
8.2.8.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.8.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.2.8.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.2.8.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.8.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.2.9 Mexico
8.2.9.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.9.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.2.9.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.2.9.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.2.9.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.3 Europe
8.3.1 Market Size, By Country 2022-2027 (USD Billion)
8.3.2 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.3 Market Size, By Fuel, 2022-2027 (USD Billion)
8.3.4 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.3.5 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.6 Market Size, By Regional, 2022-2027 (USD Billion)
8.3.7 Germany
8.3.7.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.7.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.3.7.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.3.7.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.7.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.3.8 UK
8.3.8.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.8.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.3.8.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.3.8.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.8.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.3.9 France
8.3.9.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.9.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.3.9.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.3.9.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.9.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.3.10 Italy
8.3.10.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.10.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.3.10.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.3.10.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.3.10.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.4 Asia Pacific
8.4.1 Market Size, By Country 2022-2027 (USD Billion)
8.4.2 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.3 Market Size, By Fuel, 2022-2027 (USD Billion)
8.4.4 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.4.5 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.6 Market Size, By Regional, 2022-2027 (USD Billion)
8.4.7 China
8.4.7.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.7.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.4.7.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.4.7.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.7.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.4.8 India
8.4.8.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.8.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.4.8.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.4.8.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.8.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.4.9 Japan
8.4.9.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.9.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.4.9.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.4.9.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.4.9.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.5 MEA
8.5.1 Market Size, By Country 2022-2027 (USD Billion)
8.5.2 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.3 Market Size, By Fuel, 2022-2027 (USD Billion)
8.5.4 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.5.5 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.6 Market Size, By Regional, 2022-2027 (USD Billion)
8.5.7 Saudi Arabia
8.5.7.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.7.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.5.7.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.5.7.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.7.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.5.8 UAE
8.5.8.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.8.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.5.8.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.5.8.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.8.5 Market Size, By Regional, 2022-2027 (USD Billion)
8.5.9 South Africa
8.5.9.1 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.9.2 Market Size, By Fuel, 2022-2027 (USD Billion)
8.5.9.3 Market Size, By Power Rating, 2022-2027 (USD Billion)
8.5.9.4 Market Size, By End-Users, 2022-2027 (USD Billion)
8.5.9.5 Market Size, By Regional, 2022-2027 (USD Billion)
Chapter 9 Company Landscape
9.1 Competitive Analysis, 2022
9.2 Atlas Copco (Sweden)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Strategic Positioning
9.2.4 Info Graphic Analysis
9.3 Briggs & Stratton (US)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Strategic Positioning
9.3.4 Info Graphic Analysis
9.4 Generac (US)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Strategic Positioning
9.4.4 Info Graphic Analysis
9.5 Honda (Japan)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Strategic Positioning
9.5.4 Info Graphic Analysis
9.6 Yamaha (Japan)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Strategic Positioning
9.6.4 Info Graphic Analysis
9.7 Caterpillar (US)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Strategic Positioning
9.7.4 Info Graphic Analysis
9.8 Cummins (US)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Strategic Positioning
9.8.4 Info Graphic Analysis
9.9 Eaton (Ireland)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Strategic Positioning
9.9.4 Info Graphic Analysis
9.10 Honeywell (US)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Strategic Positioning
9.10.4 Info Graphic Analysis
9.11 Siemens (Germany)
9.11.1 Company Overview
9.11.2 Financial Analysis
9.11.3 Strategic Positioning
9.11.4 Info Graphic Analysis
9.12 Wacker Neuson (Germany)
9.12.1 Company Overview
9.12.2 Financial Analysis
9.12.3 Strategic Positioning
9.12.4 Info Graphic Analysis
9.13 Kubota (Japan)
9.13.1 Company Overview
9.13.2 Financial Analysis
9.13.3 Strategic Positioning
9.13.4 Info Graphic Analysis
9.14 Kohler (US)
9.14.1 Company Overview
9.14.2 Financial Analysis
9.14.3 Strategic Positioning
9.14.4 Info Graphic Analysis
9.15 Champion (US)
9.15.1 Company Overview
9.15.2 Financial Analysis
9.15.3 Strategic Positioning
9.15.4 Info Graphic Analysis
9.16 Himoinsa (Spain)
9.16.1 Company Overview
9.16.2 Financial Analysis
9.16.3 Strategic Positioning
9.16.4 Info Graphic Analysis
9.17 Duromax (US)
9.17.1 Company Overview
9.17.2 Financial Analysis
9.17.3 Strategic Positioning
9.17.4 Info Graphic Analysis
9.18 Loncin (China)
9.18.1 Company Overview
9.18.2 Financial Analysis
9.18.3 Strategic Positioning
9.18.4 Info Graphic Analysis
9.19 Other Companies
9.19.1 Company Overview
9.19.2 Financial Analysis
9.19.3 Strategic Positioning
9.19.4 Info Graphic Analysis
The Global Portable Generator Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Portable Generator Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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