What are the growth factors for Global Portable Generators Market: Top Players Kohler, Briggs & Straton, Honda Motors, Yamaha Motor Corporation, Generac

03/lug/2019 19:32:36 Quince Market Insights Contatta l'autore

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The global portable generators market is projected to reach USD 4.83 billion by 2028, at a CAGR of 3.4% between 2018 and 2028. According to Quince Market Insights, increasing demand for portable power backup is one of the factors influencing the demand for portable generators . The report provides detailed analysis of emerging market trends, impact factors influencing the market, etc.

Browse full reports of portable generators market size & forecasting (2016–2028) report: https://quincemarketinsights.com/industry-analysis/global-portable-generators-market/31423

Market Overview

The portable generators market is one of the established markets in the generator manufacturing industry. They are used in numerous activities such as musical shows, weddings, and residential areas. One of the major factors for the growth of the portable generator market is its portable feature. It can be transported and set up to any place where there is frequent power cut. It is now seen in residential areas as well as hospitals to provide emergency power backup, which is influencing the growth of portable generators market. Moreover, the use of portable generators has increased the market value and demand for portable generators.

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Increasing demand for portable power supply systems

Countries in developing regions such as Asia Pacific, the Middle East, and South America have witnessed economic growth in the past few decades. Two to rise in outdoor activities such as concerts, weddings, and functions in remote areas or villages, the demand for portable generators has also increased. Most industries are located in remote areas where electricity supply is not continuous.

Asia Pacific is expected to witness high demand during the forecast period

Asia Pacific is the fastest growing market for portable generators, owing to high demand from rapidly growing economies such as China, India, South Korea, etc. Moreover, increasing industrialization in countries such as India, China, etc., has positively impacted market growth. Furthermore, it has led to high demand for portable generators.

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Major manufacturing companies portable generators, such as Kohler, Briggs & Straton, Honda Motors, Yamaha Motor Corporation, Generac, Cummins Inc., Eaton Corporation Plc., Caterpillar Inc., Champion Power Equipment Inc., and Wacker Neuson, among others, have been profiled in the study to provide a competitive view about the market.

Market Segmentation:

By Fuel Type:

·         Gasoline

·         Diesel

·         Natural Gas

·         Others

By End User:

·         Residential

·         Commercial

·         Industrial

By Power Output:

·         Less Than 3kW

·         3kW-10kW

·         More Than 10kW

By Application:

·         Emergency

·         Main / Continuous

What Does This Report Provide?

This report provides a detailed overview of the automotive market. The report also provides an overview of the leading companies operating in the market.

 

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About Quince Market Insights:

Quince Market Insights is a global market research and publishing company syndicated studies as well as consulting assignments for market opportunities that promised high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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