Report cover image

Global Propane Generator Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Sep 25, 2025
Length 141 Pages
SKU # BOSS20443075

Description

Report Overview

The propane generator market encompasses portable and stationary generators that use propane as a primary or backup fuel source to produce electricity. Propane generators are valued for their efficiency, lower emissions compared to diesel or gasoline alternatives, and longer shelf life of fuel, making them ideal for emergency power, off-grid applications, and industrial use. The market is segmented by power output (ranging from small residential units under 10kW to large industrial systems exceeding 50kW), application (residential, commercial, industrial), and distribution channels (online retail, specialty stores, direct sales). Growth is driven by increasing demand for reliable backup power solutions due to rising extreme weather events, grid instability, and expanding off-grid energy needs in remote areas. However, competition from solar and battery storage systems, along with propane’s dependency on supply chain logistics, poses challenges. Regulatory support for cleaner fuels and advancements in dual-fuel generator technology further shape the market’s trajectory. Key players include Generac, Kohler, Cummins, and Honda, with regional demand strongest in North America due to frequent power outages and robust propane infrastructure.

The global Propane Generator market size was estimated at USD 1481.88 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.75% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Propane Generator market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Propane Generator market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Propane Generator market.

Global Propane Generator Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

Caterpillar

Cummins Power Systems

Generac

Honda Power

Pulsar Products

KOHLER

Hyundai Power

Multiquip Inc

HIPOWER SYSTEMS

Champion Power Equipment

Market Segmentation (by Type)

Power Less than 10KW

Power Between10-20KW

Power More than 20KW

Market Segmentation (by Application)

Residential Use

Commercial and Industrial Use

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Propane Generator Market

Overview of the regional outlook of the Propane Generator Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Propane Generator Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Propane Generator, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

141 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Propane Generator
1.2 Key Market Segments
1.2.1 Propane Generator Segment by Type
1.2.2 Propane Generator Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Propane Generator Market Overview
2.1 Global Market Overview
2.1.1 Global Propane Generator Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Propane Generator Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Propane Generator Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Propane Generator Product Life Cycle
3.3 Global Propane Generator Sales by Manufacturers (2020-2025)
3.4 Global Propane Generator Revenue Market Share by Manufacturers (2020-2025)
3.5 Propane Generator Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Propane Generator Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Propane Generator Market Competitive Situation and Trends
3.8.1 Propane Generator Market Concentration Rate
3.8.2 Global 5 and 10 Largest Propane Generator Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Propane Generator Industry Chain Analysis
4.1 Propane Generator Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Propane Generator Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Propane Generator Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Propane Generator Market
5.7 ESG Ratings of Leading Companies
6 Propane Generator Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Propane Generator Sales Market Share by Type (2020-2025)
6.3 Global Propane Generator Market Size Market Share by Type (2020-2025)
6.4 Global Propane Generator Price by Type (2020-2025)
7 Propane Generator Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Propane Generator Market Sales by Application (2020-2025)
7.3 Global Propane Generator Market Size (M USD) by Application (2020-2025)
7.4 Global Propane Generator Sales Growth Rate by Application (2020-2025)
8 Propane Generator Market Sales by Region
8.1 Global Propane Generator Sales by Region
8.1.1 Global Propane Generator Sales by Region
8.1.2 Global Propane Generator Sales Market Share by Region
8.2 Global Propane Generator Market Size by Region
8.2.1 Global Propane Generator Market Size by Region
8.2.2 Global Propane Generator Market Size Market Share by Region
8.3 North America
8.3.1 North America Propane Generator Sales by Country
8.3.2 North America Propane Generator Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Propane Generator Sales by Country
8.4.2 Europe Propane Generator Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Propane Generator Sales by Region
8.5.2 Asia Pacific Propane Generator Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Propane Generator Sales by Country
8.6.2 South America Propane Generator Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Propane Generator Sales by Region
8.7.2 Middle East and Africa Propane Generator Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Propane Generator Market Production by Region
9.1 Global Production of Propane Generator by Region(2020-2025)
9.2 Global Propane Generator Revenue Market Share by Region (2020-2025)
9.3 Global Propane Generator Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Propane Generator Production
9.4.1 North America Propane Generator Production Growth Rate (2020-2025)
9.4.2 North America Propane Generator Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Propane Generator Production
9.5.1 Europe Propane Generator Production Growth Rate (2020-2025)
9.5.2 Europe Propane Generator Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Propane Generator Production (2020-2025)
9.6.1 Japan Propane Generator Production Growth Rate (2020-2025)
9.6.2 Japan Propane Generator Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Propane Generator Production (2020-2025)
9.7.1 China Propane Generator Production Growth Rate (2020-2025)
9.7.2 China Propane Generator Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Caterpillar
10.1.1 Caterpillar Basic Information
10.1.2 Caterpillar Propane Generator Product Overview
10.1.3 Caterpillar Propane Generator Product Market Performance
10.1.4 Caterpillar Business Overview
10.1.5 Caterpillar SWOT Analysis
10.1.6 Caterpillar Recent Developments
10.2 Cummins Power Systems
10.2.1 Cummins Power Systems Basic Information
10.2.2 Cummins Power Systems Propane Generator Product Overview
10.2.3 Cummins Power Systems Propane Generator Product Market Performance
10.2.4 Cummins Power Systems Business Overview
10.2.5 Cummins Power Systems SWOT Analysis
10.2.6 Cummins Power Systems Recent Developments
10.3 Generac
10.3.1 Generac Basic Information
10.3.2 Generac Propane Generator Product Overview
10.3.3 Generac Propane Generator Product Market Performance
10.3.4 Generac Business Overview
10.3.5 Generac SWOT Analysis
10.3.6 Generac Recent Developments
10.4 Honda Power
10.4.1 Honda Power Basic Information
10.4.2 Honda Power Propane Generator Product Overview
10.4.3 Honda Power Propane Generator Product Market Performance
10.4.4 Honda Power Business Overview
10.4.5 Honda Power Recent Developments
10.5 Pulsar Products
10.5.1 Pulsar Products Basic Information
10.5.2 Pulsar Products Propane Generator Product Overview
10.5.3 Pulsar Products Propane Generator Product Market Performance
10.5.4 Pulsar Products Business Overview
10.5.5 Pulsar Products Recent Developments
10.6 KOHLER
10.6.1 KOHLER Basic Information
10.6.2 KOHLER Propane Generator Product Overview
10.6.3 KOHLER Propane Generator Product Market Performance
10.6.4 KOHLER Business Overview
10.6.5 KOHLER Recent Developments
10.7 Hyundai Power
10.7.1 Hyundai Power Basic Information
10.7.2 Hyundai Power Propane Generator Product Overview
10.7.3 Hyundai Power Propane Generator Product Market Performance
10.7.4 Hyundai Power Business Overview
10.7.5 Hyundai Power Recent Developments
10.8 Multiquip Inc
10.8.1 Multiquip Inc Basic Information
10.8.2 Multiquip Inc Propane Generator Product Overview
10.8.3 Multiquip Inc Propane Generator Product Market Performance
10.8.4 Multiquip Inc Business Overview
10.8.5 Multiquip Inc Recent Developments
10.9 HIPOWER SYSTEMS
10.9.1 HIPOWER SYSTEMS Basic Information
10.9.2 HIPOWER SYSTEMS Propane Generator Product Overview
10.9.3 HIPOWER SYSTEMS Propane Generator Product Market Performance
10.9.4 HIPOWER SYSTEMS Business Overview
10.9.5 HIPOWER SYSTEMS Recent Developments
10.10 Champion Power Equipment
10.10.1 Champion Power Equipment Basic Information
10.10.2 Champion Power Equipment Propane Generator Product Overview
10.10.3 Champion Power Equipment Propane Generator Product Market Performance
10.10.4 Champion Power Equipment Business Overview
10.10.5 Champion Power Equipment Recent Developments
11 Propane Generator Market Forecast by Region
11.1 Global Propane Generator Market Size Forecast
11.2 Global Propane Generator Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Propane Generator Market Size Forecast by Country
11.2.3 Asia Pacific Propane Generator Market Size Forecast by Region
11.2.4 South America Propane Generator Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Propane Generator by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Propane Generator Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Propane Generator by Type (2026-2033)
12.1.2 Global Propane Generator Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Propane Generator by Type (2026-2033)
12.2 Global Propane Generator Market Forecast by Application (2026-2033)
12.2.1 Global Propane Generator Sales (K Units) Forecast by Application
12.2.2 Global Propane Generator Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.