Generators are backup devices designed to provide temporary AC or DC power. 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. Based on portability, generator can be segmented into portable and standby. 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 portable generator market in Europe to grow at a CAGR of 5.7% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the portable generator market in Europe 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 portable generator market in the construction industry by fuel-type.
Technavio's report, Portable Generator Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Briggs & StrattonCumminsGenerac HoldingsHonda MotorKohler
Other prominent vendors
Easily accessible and user-friendlyFor a full, detailed list, view our report
Alternative energy sourcesFor a full, detailed list, view our report
Growing gas generators market in EuropeFor a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?What are the key market trends?What is driving this market?What are the challenges to market growth?Who are the key vendors in this market space?What are the market opportunities and threats faced by the key vendors?What are the strengths and weaknesses of the key vendors?
Technavio Announces the Publication of its Research Report – Portable Generator Market in Europe 2015-2019
Technavio recognizes the following companies as the key players in the Portable Generator Market in Europe: Briggs & Stratton, Cummins, Generac Holdings, Honda Motor and Kohler
Other Prominent Vendors in the market are: Honeywell International, Perkins and Pramac
Commenting on the report, an analyst from Technavio’s team said: “The emission regulations have decreased the use of old diesel-based generators in some parts of Europe. Although, regulated regions are likely to provide opportunities to diesel generator vendors in the near term, there exists a strong need to focus on products complying with the norms. Hence, the market for portable gas generators with a variety of environmentally suitable fuels is expected to grow considerably in the near future.”
According to the report, portable generators offer more benefits compared to large stationary generators. These generators are quieter and more user friendly, and they require low initial investment and maintenance costs. End-users do not require technical knowledge to operate these generators. They simply need to follow the instructions for adding fuel and oil to operate the machine. Also, these generators are safe and are fitted with circuit breaker protection to prevent overloads. Most of the portable generator models are coming up with inverter technology used for generating clean energy. The energy generated by these devices is safe for operating electrical equipment used in construction projects.
Further, the report states that a large number of industries and start-ups in Europe are focusing on the development of alternative sources of energy, which is hindering the demand for portable generator market.
Briggs & Stratton, Cummins, Generac Holdings, Honda Motor, Kohler, 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