Global Portable Generator Market 2015-2019
About Portable Generators
Generators are backup devices designed to provide temporary AC power by using the supplied fuel, which can be either diesel or gas. Generators, depending on their portability, are segmented into two broad categories:
Technavio Announces the Publication of its Research Report – Global Portable Generator Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Portable Generator Market: Baldor Electric Co. Inc., Briggs & Stratton Corp., Cummins Inc., Eaton Corp., Generac Holdings Inc., Honda Motor Co. Ltd., Kohler Co. and Yamaha Motor Co. Ltd.
Other Prominent Vendors in the market are: Caterpillar, Champion Power Equipment, Dresser-Rand, GE, Honeywell International, Mi-T-M, MTU Onsite Energy, Multiquip, Perkins, Pramac, Powerdyne International, Scott's Emergency Lighting & Power Generation, Technotronic Industries, TECO-Westinghouse Motor, Wacker Neuson, Wartsila and Winco
Commenting on the report, an analyst from Technavio’s team said: “The emergence of next-generation portable generators is one major trend in the market. Several vendors are in the process of developing advanced portable generators with improved and advanced features and functionalities to sustain in the highly competitive business environment.”
According to the report, the increase in usage of portable generators by residential users is one key driver of the market. Over the past two decades, there has been a growing need for electricity among residential users, owing to the rising levels of dependence on electronics and electrical products such as refrigerators, heating equipment, and air conditioners.
Further, the report states that the requirement to comply with stringent emission regulations and guidelines is primarily deterring the market growth. Vendors need to comply with stringent emission regulations and norms formulated by various governments while designing and manufacturing portable generators.
Baldor Electric , Briggs & Stratton, Cummins, Eato, Generac Holdings , Honda Motor , Kohler, Yamaha Motor, Caterpillar, Champion Power Equipment, Dresser-Rand, GE, Honeywell International, Mi-T-M, MTU Onsite Energy, Multiquip,Perkins, Pramac, Powerdyne International, Scott's Emergency Lighting & Power Generation, Technotronic Industries, TECO-Westinghouse Motor, Wacker Neuson , Wartsila, Winco
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