Portable Generator Market 2021 Analysis by Key Players, Share, Trend, Segmentation and Forecast to 2028

Posted March 25, 2021 by MarnieSerrano

Portable Generator Market Projection By Top key Players, Share, Size, Demand, Opportunities, Sale, Revenue Analysis Forecast To 2028

Global Portable Generator Market

Portable generators are basically formed to supply alternating current for both non-hardwired and stand-alone applications. Increased market downtime worldwide, due to an uptick in weather-related power outages, has culminated in an increase in demand for uninterrupted electricity supply. This is a key factor boosting the portable generator market demand. Increased use of portable generators due to the rapidly growing building industry is also boosting demand growth. Power tools in all types, such as motors, drills, air hammers, and compressors are commonly used in the building construction industry. Rising urbanization coupled with a growing frequency of power grid failures has led customers to opt for portable generators, notably for residential applications, in order to ensure an uninterrupted supply of electricity.

The global portable generator market size is projected to reach nearly USD 2.9 billion by 2028. In addition, the market is forecasted to grow a CAGR of above 4% over the forecast period of 2020-2028. Rapid industrialization around the globe is projected to boost the demand along with the growing need of portable products from the consumers. The high growth of the commercial sector across the rapidly growing economies, including China, Indonesia, South Korea and India, is expected to fuel demand in the industry.

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The accessibility of different power backup devices, such as inverters, battery turbines, UPS systems, and solar energy systems offers a significant challenge to the growth of the global market for portable generators, as these systems are also easier to manage and more environmentally friendly. The awareness of global warming has contributed to an increasing market for biofuel-based portable generators, a renewable energy source. Increased demand for biofuel-powered generators would provide industry players with an opportunity over the forecast period. Increasing peak hour demand, combined with growing need to counter increased energy use through industrial and residential buildings, would intensify industry growth.

Strengthening environmental laws that curb carbon emissions are the main factors that hinder business expansion. These generators are subject to state, federal and local pollution output legislation. Environmental bodies such as the U.S. EPA (Environmental Protection Agency), CPCB (Central Pollution Control Board) of India, and the European Environmental Agency monitor the volume of carbon released to the atmosphere by generators. The emerging-economy commercial and manufacturing industries, the developed-economy residential sector, and the need for control in defense operations are projected to generate substantial opportunities for market participants in the near future.

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The major players of the global portable generator market are Yamaha, Atlas Copco, Honda, Generac, Briggs & Stratton. Moreover, the market comprises several other prominent players in the portable generator market as Kubota, Cummins, Kohler, Siemens, Caterpillar, Wacker Neuson, Eaton and Honeywell. The portable generator market comprises well established local as well as global players. In addition, the previously recognized market players are coming up with new and advanced strategic solutions and services to stay competitive in the global market.

Segment Overview of Global Portable Generator Market

Fuel Type Overview, 2018-2028 (USD Billion, Million Units)

Gasoline (Petrol)
Natural Gas

Application Overview, 2018-2028 (USD Billion, Million Units)


End User Overview, 2018-2028 (USD Billion, Million Units)


Regional Overview, 2018-2028 (USD Billion, Million Units)

North America



Rest of Europe

Asia Pacific

Rest of Asia-Pacific

Middle East and Africa

South Africa
Rest of Middle East and Africa

South America

Rest of South America

What does the report include?

The study on the global portable generator market includes qualitative factors such as drivers, restraints, and opportunities
The study covers the competitive landscape of existing/prospective players in the portable generator industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented based on fuel type, application and end user. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.

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Some Major Points from TOC:

Chapter 1    Introduction

            1.1    Introduction to the Study

            1.2    Market Definition and Scope

            1.3    Units, Currency, Conversions and Years Considered

            1.4    Key Stakeholders

            1.5    Key Questions Answered

Chapter 2    Research Methodology

            2.1    Introduction

            2.2    Data Capture Sources

                        2.2.1    Primary Sources

                        2.2.2    Secondary Sources

            2.3    Market Size Estimation

            2.4    Market Forecast

            2.5    Data Triangulation

            2.6    Assumptions and Limitations

Chapter 3    Executive Summary

Chapter 4    Market Outlook


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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Issued By Adroit Market Research
Country India
Categories Business , Marketing
Last Updated March 25, 2021