Generators are backup devices designed to provide temporary AC or DC power using the supplied fuel (gasoline, diesel, or gas). They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered by 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 and industrial and infrastructure sites. In short, they can be utilized wherever a grid is unavailable.
Technavio's analysts forecast the portable generator market in GCC to grow at a CAGR of 8.6% 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 GCC for 2015-2019. The market can be segmented into three divisions on the basis of product range: less than 3 kW, 3-10 kW, and 10-15 kW portable generators. In addition, the report includes the segmentation of the portable generator market in GCC on the basis of country.
Technavio's report, Portable Generator Market in GCC 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 & Stratton CumminsGenerac Holdings Honda Motor Kohler
Other prominent vendors
CaterpillarEaton GE Honeywell International PerkinsPramac
Key market driver
Huge growth in construction industry in GCC countries For a full, detailed list, view our report
Key market challenge
Stringent emission regulations for generators For a full, detailed list, view our report
Key market trend
Increase in M&A For 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 GCC 2015-2019
Technavio recognizes the following companies as the key players in the Portable Generator Market in GCC: Briggs & Stratton, Cummins, Generac Holdings, Honda Motor and Kohler
Other Prominent Vendors in the market are: Caterpillar, Eaton, GE, Honeywell International, Perkins and Pramac
Commenting on the report, an analyst from Technavio’s team said: “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, countries such as Kuwait, Oman, and Qatar are experiencing significant growth in the construction industry. These nations are focusing on development of infrastructure as a key area for the growth of the overall economy, and this is expected to fuel the demand for portable generators in the GCC.
Further, the report states that short duration backup solution can be the growing concern for the leading vendors.
Briggs & Stratton, Cummins, Generac Holdings, Honda Motor, Kohler, Caterpillar, Eaton, GE, Honeywell International, Perkins, Pramac