DUBLIN--(BUSINESS WIRE)--The "Portable Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
According to the report, the global portable generator market reached a value of US$ 4 Billion in 2017. The market is expected to reach a value of US$ 6 Billion by 2023, exhibiting a CAGR of 6.8% during 2018-2023.
Construction activities such as cutting, lifting and drilling rely heavily on seamless power supply. Therefore, rapid industrialization and further expansion in the construction industry, especially in the Asia-Pacific region, are fuelling the growth of portable generator market.
Moreover, growing urbanisation coupled with shortage of power supply has led the consumers to opt for portable generators so as to ensure uninterrupted electric supply, thereby contributing to the market growth. However, stringent environmental regulations levied by various governments towards the emission of hazardous gases act as a restraint to the growth of the portable generator market.
The report has segmented the market on the basis of fuel type into portable diesel generators, portable gasoline generators and others. Currently, portable diesel generators hold the largest market share.
On the basis of end-use, the residential sector dominates the market, accounting for the majority of the global share. It is followed by the commercial, infrastructure and industrial sectors.
On the basis of power output, the market has been segregated as less than 3Kw, 3-10 Kw and more than 20 Kw.
Region-wise, the report covers Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific represents the leading market, holding the biggest share globally.
- Briggs & Stratton Corporation
- Cummins Inc.
- Honda Motor Co. Ltd.
- Eaton Corporation
- Generac Power Systems Inc.
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
5 Global Portable Generator Market
6 Market Breakup by Fuel Type
7 Market Breakup By Application
8 Market Breakup by Power Output
9 Market Breakup by Region
10 Portable Generator Manufacturing Process
11 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/xhql9z/global_portable?w=4