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Portable Generator Market Size Worth $5.2 Billion By 2025

The global portable generator market size is anticipated to touch USD 5.2 billion by the end of 2025 and is projected to grow at a CAGR of 5.2% during the forecast period 2019 to 2025,

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Portable Generator Market Size Worth $5.2 Billion By 2025

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  1. Portable Generator Market Size Worth $5.2 Billion By 2025 “The global portable generator market size is anticipated to touch USD 5.2 billion by the end of 2025 and is projected to grow at a CAGR of 5.2% during the forecast period 2019 to 2025. The increasing demand for temporary mobile alternating current (AC) generator that provides uninterrupted power supply (UPS) in case of power shortage is boosting the market growth.” The global portable generator market size is anticipated to touch USD 5.2 billion by the end of 2025 and is projected to grow at a CAGR of 5.2% during the forecast period 2019 to 2025, according to the new report by Million Insights. The increasing demand for temporary mobile alternating current (AC) generator that provides uninterrupted power supply (UPS) in case of power shortage is boosting the market growth. Additionally, the rising demand for backup power solution for mobile is contributing to market growth. Low & high-end models of mobile generators are fueled by diesel and gas. High-end models are suitable for all appliances. Portable generators are widely used at construction sites wherein there are difficulties in power grid supply. Furthermore, growing oil & gas exploration activities and aging electrical infrastructure are leading to high demand for portable generators. Additionally, the technological developments in IoT and computer-controlled portable generator are driving the market growth. Increasing energy demand across small & medium enterprises is surging the need for mobile-powered generators. Moreover, supportive government initiatives along with the development of green buildings are boosting the portable generatorsmarket growth. For example, in 2017, the Ministry of new & renewable energy in India has introduced Green Rating for integrated habitat assessment for construction of buildings. Key players in the industry invest in research & development activities to develop high-quality portable generators. Companies are introducing various added features CO guard carbon monoxide and Bluetooth connectivity technology. All these factors are anticipated to bolster the market growth. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/portable-generator-market/request-sample

  2. Further key findings from the report suggest: • Environmental Protection Agency (EPA) in the U.S. focus on regulations & standards regarding diesel based engines. • Infrastructural development across the countries such as India, South Korea, China, and Singapore has led to rise in the number of residential buildings, which is boosting the usage of portable generators in powering applications. • Gaseous segment is expected to expand at the fastest CAGR during the forecast period, due to its high durability and cost-effectiveness. • Depending on end use, construction segment is projected to grow at the fastest CAGR from 2019 to 2025. • Key players include, Kohler Co.; Generac Power Systems Inc.; Cummins, Inc.; WINCO; Harrington Generators International Ltd.; Multiquip, Inc.; Briggs & Stratton Corporation; and Caterpillar Inc. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/portable-generator-market Million Insights has segmented the global portable generator market based on product, power range, end use and region: Portable Generator Product Outlook (Revenue, USD Billion, 2014 - 2025) • Diesel • Gaseous Portable Generator Power Range Outlook (Revenue, USD Billion, 2014 - 2025) • Low Power (8 - 20KW) • Medium Power (21 - 370 KW) • High Power (371 - 450 KW)

  3. Portable Generator End-use Outlook (Revenue, USD Billion, 2014 - 2025) • Commercial • Residential • Industrial • Construction • Mining • Oil & Gas • Others Portable Generator Regional Outlook (Revenue, USD Billion, 2014 - 2025) • North America • U.S. • Canada • Europe • Germany • U.K. • Asia Pacific • China • India • Japan • Latin America • Brazil • Mexico • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/machinery-and-machine-parts

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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