Global Diesel Portable Generator Market 2015-2019
Generators provide temporary AC or DC power by using supplied fuel such as gasoline, diesel, and gas. They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered via a fuel engine. Portable generators are the best solutions to provide AC power for standby non-hardwired applications.
Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings as well as industrial and infrastructure sites, that is, where grid is unavailable.
Technavio's analysts forecast the global diesel portable market to grow at a CAGR of 7.8% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global diesel portable market for the period 2015-2019. Based on product range, the market can be segmented into three divisions: <3 KW, 3 to 10 KW, and 10 to 15 KW portable generators. In addition, the report includes the segmentation of the global diesel portable generator market by end-user.
Technavio's report, Global Diesel Portable Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global diesel portable market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Key regions
Technavio Announces the Publication of its Research Report – Global Diesel Portable Generator Market 2015-2019.
Technavio recognizes the following companies as the key players in the Global Diesel Portable Generator Market: Briggs & Stratton, Cummins, Generac Holdings, Honda Motor, Kohler.
Other Prominent Vendors in the market are Caterpillar, Eaton, GE, Honeywell International, Perkins, Pramac.
Commenting on the report, an analyst from Technavio’s team said, “One major trend in this market is emergence of next-generation generators. Several market vendors are focusing on developing advanced generators with increased features and functionalities to sustain themselves in the competitive business environment.”
According to the report, one key driver of this market is the increased adoption of portable generators by residential users. With rapid globalization, residential users have become more dependent on electronics and electrical products such as refrigerators, heating equipment, air conditioners, communication equipment, desktop computers, and critical in-house healthcare and office equipment.
Further, the report states that one of the major challenges is the growing demand for gas generators. Although the global residential portable diesel generator market derives the majority of its revenue from the portable diesel generator segment, the portable gas generator segment is rapidly growing.
Briggs & Stratton, Cummins, Generac Holdings, Honda Motor, Kohler, Caterpillar, Eaton, GE, Honeywell International, Perkins, Pramac
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook