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The global portable generator market is expected to have North America as the largest market, globally, due to the growing power losses as a result of ageing electrical infrastructure. The market is accelerating due to the huge demand for the portable generator in economies such as the U.S., Puerto Rico, and Mexico. The Asia Pacific is anticipated to be a rapidly growing market for portable generators over the forecast period, especially India and China. Due to the current initiatives taken by the governments of India and China within the building and construction market like smart cities and green building initiatives, the demand for portable generators is expected to increase over the forecast period. Within end use segment, the residential segment is estimated to have the largest global market share, as the portable generators run on small to medium-sized loads, including household appliances.
Briggs & Stratton (NYSE: BGG) and Honda Motor Co., Ltd. (NYSE: HMC) are the some of the key players in the portable generator market. In January 2017, Briggs & Stratton brought to the market for sale, the first Bluetooth enabled portable generator. The model Portable Generator with StatStation® Wireless, which is part of Elite Series™ and has 8,000 Watt, features Bluetooth technology and is available on Amazon and HomeDepot. Due to its connectivity with Bluetooth, the portable generator becomes easy and convenient for operators to control the generator from the comfort of their home or office.
Market Analysis by Power Rating, Fuel Type, Application, End Use, and Region:
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Briggs & Stratton, Honda Motor Co., Ltd., Cummins Inc., Kohler Co., Yamaha Motor Co. Ltd., Kubota Corporation, and Atlas Copco, among others, are the key players in the global portable generator market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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