According to the new
market research report "Portable Generator Market by Fuel Type
(Gasoline, Diesel, Gas), Application (Emergency, Continuous), Power Rating
(<5 kW, 5–10 kW, > 10 kW), End-User (Residential, Commercial,
Industrial), and Region - Global Forecast to 2022", the global
portable generator market is projected to grow at a CAGR of 3.66% from 2017 to
2022. The global portable generator market is estimated to reach USD 1.91
billion, which is projected to reach USD 2.28 billion by 2022. The North
American market is estimated to be the largest for portable generators, followed
by Asia Pacific in 2017. This trend is expected to continue till 2022. The
growth of the portable generator market is driven by the increase in demand for
uninterrupted and reliable power supply.
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in-depth TOC on "Portable Generator Market"
77 - Tables
39 - Figures
125 - Pages
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Major
strategies adopted by the players include new product launches and expansions
and investments. New product launches was the most commonly adopted strategy
from 2014 to February 2017. The key integrated portable generator players
include Honda (Japan) and Briggs & Stratton (US).
Honda,
as it is popularly known, is a Japanese conglomerate and manufactures
automobiles, engines, power equipment, aircraft, robots, and motorcycles. The
company has a global presence and operates in four segments, namely, the
motorcycle business, the automobile business, power products and other
businesses, and the financial services business. The power products and others
segment consist of general purpose engines, generators, tillers, lawnmowers,
snow throwers, and others. The company mainly focuses on new product launches
as its key strategy. In 2017, the company launched the new EM10000 generator
which delivers 9,000W/240 AC suitable for worksites and farms. The new
generator has features such as liquid crystal screen, hour meter, output
voltmeter, battery voltmeter, and error coding.
Target
Audience:
·
Portable
generator manufacturing companies
·
Manufacturers
associations
·
Petrol
and diesel engine manufacturers
·
Suppliers
of parts and components for engines and generators
·
Institutional
investors
·
Government
and research organizations
Briggs &
Stratton is one of the largest manufacturers and engine designers of outdoor
power equipment. The company operates in two segments, namely, engines and
products. The product segment of the company provides portable and standby
generators, pressure washers, lawn and garden power equipment, turf care
products, and many more. The company manufactures gasoline engines for power
products such as lawn mowers, snow blowers, pressure washers, portable gasoline
generators, and construction equipment. New product launches is one of the
common strategies adopted by the company. For instance, in January 2017, Briggs
and Stratton launched Bluetooth enabled portable generators. The company
offers 8,000 Watt Elite series portable generators with StatStation for monitoring
the comfort of offices and homes.
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
