Portable Generator Market by Power Rating (10 kW–20 kW, 5 kW–10 kW, Less Than 5 kW), Fuel (Biodiesel, Diesel, Gasoline or Petrol), End User, Application - Global Forecast 2024-2030

Portable Generator Market by Power Rating (10 kW–20 kW, 5 kW–10 kW, Less Than 5 kW), Fuel (Biodiesel, Diesel, Gasoline or Petrol), End User, Application - Global Forecast 2024-2030


The Portable Generator Market size was estimated at USD 2.28 billion in 2023 and expected to reach USD 2.40 billion in 2024, at a CAGR 5.86% to reach USD 3.40 billion by 2030.

Global Portable Generator MarketPortable generators are valuable appliances that provide electrical power during a power outage, preventing daily activities or business operations disruption. Portable generators generate electricity by running a gas-powered engine, which turns an onboard alternator to produce electricity. The emerging need for continuous power supply, rapid inclination towards biofuel-based generators, and aging grid infrastructure have enhanced portable generator requirements. However, the associated safety concerns, limited power capacity, and stringent regulation for mobile generator manufacturing may impede the market development. Nevertheless, the emerging introduction of novel and advanced power generators may overcome safety and capacity challenges and expand the market growth in the forecast period.Regional InsightsThe portable generator market is expected to grow in upcoming years due to proliferating consumption of electricity and rising cases of power outages. In Asia-Pacific, the growing construction sector, potential government investment in grid infrastructure, and rapid power usage have raised the growth of portable generators. According to Energy Information Administration (EIA), nearly 70% of the upsurge in residential energy consumption arises from Asia-Pacific. China and India lead this consumption because of improving living standards and the high demand for energy-using appliances, lighting, and equipment. In contrast, the American and European regions exhibit steady market development due to rising natural calamities and growing industrial sectors. In middle Eastern and African countries, portable generators are frequently used for residential purposes, public events, and in case of natural calamities.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Portable Generator Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Portable Generator Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Portable Generator Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Affordable Generator Services, Inc., Aksa Power Generation, Atlas Copco, Axemen Power, Blue Star Power Systems Inc., Bozeman Distributors, Briggs & Stratton Corporation, Caterpillar, Critical Power Products & Services. LLC, Cummins Inc., Doosan Power Systems Holdings Limited, Duthie Power Services, Eaton Corporation PLC, Gas Tech Electronics Products Pvt. Ltd., Generac Power Systems, Inc., General Electric Company, Generator Source, LLC, Harbor Freight Tools, HiPower Systems, Honda Motor Company, Ltd., Honeywell International Inc., Jackery Inc., Kohler Co., Kortex Automation Private Limited, Kovai Engineering Solutions & Trading, Kubota Corporation, Mi-T-M Corporation, Miller Electric Mfg. LLC, Milwaukee Tool, MTA Distributors, LLC, Multiquip Inc., Palco Power Systems, Pinnacle Generators Private Limited by Drax Group, Pramac, Rod's Electric Inc., Shanghai Mac Corporation, Stephill Generators Ltd., Taylor Power Systems, Inc., The Hampshire Generator & UPS Co., Toolsvilla E-Services Pvt Ltd, Vardhman Trading Company, W.W. Grainger, Inc., Wacker Neuson SE, Winco Incorporated by Champion Manufacturing Inc., Yamaha Motor Company Limited, and Zoro Tools, Inc..

Market Segmentation & Coverage

This research report categorizes the Portable Generator Market to forecast the revenues and analyze trends in each of the following sub-markets:

Power Rating
10 kW–20 kW
5 kW–10 kW
Less Than 5 kW
Fuel
Biodiesel
Diesel
Gasoline or Petrol
LPG
Natural Gas
Propane
Solar Energy
End User
Commercial
Industrial
Residential
Application
Emergency
Prime or Continuous
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Portable Generator Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Portable Generator Market?
3. What are the technology trends and regulatory frameworks in the Portable Generator Market?
4. What is the market share of the leading vendors in the Portable Generator Market?
5. Which modes and strategic moves are suitable for entering the Portable Generator Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Portable Generator Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing incidences of power outages owing to poor electricity infrastructure and extreme weather conditions
5.1.1.2. Rising demand for biofuel-powered generators to reduce conventional and greenhouse gas pollutant emissions
5.1.1.3. Growing demand for continuous and reliable power supply coupled with aging grid infrastructure
5.1.2. Restraints
5.1.2.1. High manufacturing costs and limited power generation capacity of portable generators
5.1.3. Opportunities
5.1.3.1. Introduction of innovative and advanced portable generators
5.1.3.2. Emerging adoption of dual fuel and inverter portable generators
5.1.4. Challenges
5.1.4.1. Stringent government regulations and safety concerns associated with portable generators
5.1.4.2. Availability of alternative power backup systems
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Portable Generator Market, by Power Rating
6.1. Introduction
6.2. 10 kW–20 kW
6.3. 5 kW–10 kW
6.4. Less Than 5 kW
7. Portable Generator Market, by Fuel
7.1. Introduction
7.2. Biodiesel
7.3. Diesel
7.4. Gasoline or Petrol
7.5. LPG
7.6. Natural Gas
7.7. Propane
7.8. Solar Energy
8. Portable Generator Market, by End User
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Residential
9. Portable Generator Market, by Application
9.1. Introduction
9.2. Emergency
9.3. Prime or Continuous
10. Americas Portable Generator Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Portable Generator Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Portable Generator Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Merger & Acquisition
13.3.1.1. Hyliion Acquires Generator Technology From GE Additive for $37 Million
13.3.1.2. Wisconsin Inno - Kohler Co. expands clean energy tech with acquisition of Boston-area startup
13.3.2. Agreement, Collaboration, & Partnership
13.3.2.1. Cummins’ New Generators Bring Flexibility To The European Market Through A New Partnership With Grupel
13.3.2.2. An OEM strategic partnership agreement has been reached between Lister Petter and Tide Power
13.3.3. New Product Launch & Enhancement
13.3.3.1. Caterpillar Launches New Mobile Generator Set
13.3.3.2. Powermate introduces two dual-fuel capable portable generators
13.3.4. Investment & Funding
13.3.4.1. BLUETTI's AC500 Portable Power Station Raises $11 Million on Indiegogo
13.3.4.2. Moxion Power Raises $100M As Cleantech Continues To Clean Up
13.3.5. Award, Recognition, & Expansion
13.3.5.1. Yamaha Motor Portable Generator Shipment to Ukraine - Supporting the all-Japan effort to help the Ukrainian people get through the winter
13.3.5.2. H&E Equipment Services Opens New West San Antonio Branch
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ABB Ltd.
14.1.2. Affordable Generator Services, Inc.
14.1.3. Aksa Power Generation
14.1.4. Atlas Copco
14.1.5. Axemen Power
14.1.6. Blue Star Power Systems Inc.
14.1.7. Bozeman Distributors
14.1.8. Briggs & Stratton Corporation
14.1.9. Caterpillar
14.1.10. Critical Power Products & Services. LLC
14.1.11. Cummins Inc.
14.1.12. Doosan Power Systems Holdings Limited
14.1.13. Duthie Power Services
14.1.14. Eaton Corporation PLC
14.1.15. Gas Tech Electronics Products Pvt. Ltd.
14.1.16. Generac Power Systems, Inc.
14.1.17. General Electric Company
14.1.18. Generator Source, LLC
14.1.19. Harbor Freight Tools
14.1.20. HiPower Systems
14.1.21. Honda Motor Company, Ltd.
14.1.22. Honeywell International Inc.
14.1.23. Jackery Inc.
14.1.24. Kohler Co.
14.1.25. Kortex Automation Private Limited
14.1.26. Kovai Engineering Solutions & Trading
14.1.27. Kubota Corporation
14.1.28. Mi-T-M Corporation
14.1.29. Miller Electric Mfg. LLC
14.1.30. Milwaukee Tool
14.1.31. MTA Distributors, LLC
14.1.32. Multiquip Inc.
14.1.33. Palco Power Systems
14.1.34. Pinnacle Generators Private Limited by Drax Group
14.1.35. Pramac
14.1.36. Rod's Electric Inc.
14.1.37. Shanghai Mac Corporation
14.1.38. Stephill Generators Ltd.
14.1.39. Taylor Power Systems, Inc.
14.1.40. The Hampshire Generator & UPS Co.
14.1.41. Toolsvilla E-Services Pvt Ltd
14.1.42. Vardhman Trading Company
14.1.43. W.W. Grainger, Inc.
14.1.44. Wacker Neuson SE
14.1.45. Winco Incorporated by Champion Manufacturing Inc.
14.1.46. Yamaha Motor Company Limited
14.1.47. Zoro Tools, Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. PORTABLE GENERATOR MARKET RESEARCH PROCESS
FIGURE 2. PORTABLE GENERATOR MARKET SIZE, 2023 VS 2030
FIGURE 3. PORTABLE GENERATOR MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PORTABLE GENERATOR MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PORTABLE GENERATOR MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PORTABLE GENERATOR MARKET DYNAMICS
FIGURE 7. PORTABLE GENERATOR MARKET SIZE, BY POWER RATING, 2023 VS 2030 (%)
FIGURE 8. PORTABLE GENERATOR MARKET SIZE, BY POWER RATING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PORTABLE GENERATOR MARKET SIZE, BY FUEL, 2023 VS 2030 (%)
FIGURE 10. PORTABLE GENERATOR MARKET SIZE, BY FUEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. PORTABLE GENERATOR MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 12. PORTABLE GENERATOR MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. PORTABLE GENERATOR MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. PORTABLE GENERATOR MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS PORTABLE GENERATOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS PORTABLE GENERATOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES PORTABLE GENERATOR MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES PORTABLE GENERATOR MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC PORTABLE GENERATOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC PORTABLE GENERATOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA PORTABLE GENERATOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA PORTABLE GENERATOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. PORTABLE GENERATOR MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. PORTABLE GENERATOR MARKET SHARE, BY KEY PLAYER, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings