Portable Generators Market: By Type, By Fuel ), Power Rating, By End User and Geography
Portable Generators Market: By Type, By Fuel ), Power Rating, By End User and Geography
Portable Generators Market size was valued at US$ 3,123.4 million in 2023 and is expected to grow at a significant CAGR of 7.5% from 2024 to 2030. The global market provides a detailed overview of the market and can be segmented by Type, Fuel, Power Rating, and End-user. By type, the market has been segmented into Inverter Based, Conventional. The inverter-based segment is likely to be the largest and fastest-growing segment in terms of connectivity. Based on fuel, the market is segmented into Gasoline, Diesel, Natural Gas, and Others. Among these, the Gasoline segment is expected to have the fastest-growing market during the forecast period.
Based on power rating, the market is segmented into Below 5 kW, 5 kW 10 kW, 10 kW 20 kW. 5 kW Generators are expected to dominate the market in the future according to Precision Business Insights. Based on end users, the market has been segmented into residential, commercial, and industrial. Among all these, residential segment is expected to grow at a significant CAGR over the forecast years.
Study Period
2024-2030Base Year
2023CAGR
7.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Factors such as increase in need of power backup facility in residential and commercial sectors coupled with rise in R&D for the development and launch of newer products by the market players are anticipated to propel the portable generators market.
Asia Pacific market is expected to witness highest market share during the forecast period owing to rapid industrialization in developing countries such as China, Japan, South Korea, and India. Moreover, technological advancements in the portable generators coupled with increase in the adoption of portable generators by residential, commercial, and industrial sectors are anticipated to burgeon the growth of market in the future
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 3,123.4 million |
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Market CAGR |
7.5% |
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By Type |
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By Fuel |
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By End User |
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The global portable generators market size was valued at US$ 3,123.4 million in 2023 and is projected to grow at a CAGR of 7.5% from 2024 to 2030.
The portable generators market key players are: Cummins Atlas Copco Briggs & Stratton Honda Kubota Corporation Siemens Duromax Honeywell International Loncin Kohler Generac Yamaha Caterpillar Eaton Corporation Wacker Neuson Champion Himoinsa S.L.
The portable generators market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Portable Generators Market Introduction |
| 2.1. Global Portable Generators Market Taxonomy |
| 2.2. Global Portable Generators Market Definitions |
| 2.2.1. Type |
| 2.2.2. Fuel |
| 2.2.3. Power Rating |
| 2.2.4. End-user |
| 3. Global Portable Generators Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Portable Generators Market Dynamic Factors - Impact Analysis |
| 3.6. Global Portable Generators Market Competition Landscape |
| 4. Global Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Portable Generators Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030 |
| 5.1. Inverter Based |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Conventional |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Portable Generators Market Forecast, By Fuel, 2019 - 2023 and Forecast, 2024 - 2030 |
| 6.1. Gasoline |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Diesel |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Natural Gas |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others (propane, LPG, Biodiesel) |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Portable Generators Market Forecast, By Power Rating, 2019 - 2023 and Forecast, 2024 - 2030 |
| 7.1. Below 5 kW |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. 5 kW 10 kW |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. 10 kW20 kW |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Portable Generators Market Forecast, By End-User, 2019 - 2023 and Forecast, 2024 - 2030 |
| 8.1. Residential |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Commercial |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Industrial |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Others |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Portable Generators Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia-Pacific |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Latin America |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Middle East and Africa |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. Global Portable Generators Market - Opportunity Analysis Index, Power rating, By End-Use and Region, 2024 - 2030 |
| 10. North America Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.1.1. Inverter Based |
| 10.1.2. Conventional |
| 10.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Gasoline |
| 10.2.2. Diesel |
| 10.2.3. Natural Gas |
| 10.2.4. Others (propane, LPG, Biodiesel) |
| 10.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. below 5 kW |
| 10.3.2. 5 kW 10 kW |
| 10.3.3. 10 kW20 kW |
| 10.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Residential |
| 10.4.2. Commercial |
| 10.4.3. Industrial |
| 10.4.4. Others |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.5.1. USA |
| 10.5.2. Canada |
| 10.6. North America Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030 |
| 10.7. North America Portable Generators Market Dynamics Trends |
| 11. Europe Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.1.1. Inverter Based |
| 11.1.2. Conventional |
| 11.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Gasoline |
| 11.2.2. Diesel |
| 11.2.3. Natural Gas |
| 11.2.4. Others (propane, LPG, Biodiesel) |
| 11.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. below 5 kW |
| 11.3.2. 5 kW 10 kW |
| 11.3.3. 10 kW20 kW |
| 11.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Residential |
| 11.4.2. Commercial |
| 11.4.3. Industrial |
| 11.5. Others |
| 11.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.6.1. Germany |
| 11.6.2. UK |
| 11.6.3. France |
| 11.6.4. Spain |
| 11.6.5. Italy |
| 11.6.6. Russia |
| 11.6.7. Poland |
| 11.6.8. Rest of Europe |
| 11.7. Europe Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030 |
| 11.8. Europe Portable Generators Market Dynamics Trends |
| 12. Asia-Pacific Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.1.1. Inverter Based |
| 12.1.2. Conventional |
| 12.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Gasoline |
| 12.2.2. Diesel |
| 12.2.3. Natural Gas |
| 12.2.4. Others (propane, LPG, Biodiesel) |
| 12.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. below 5 kW |
| 12.3.2. 5 kW 10 kW |
| 12.3.3. 10 kW20 kW |
| 12.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Residential |
| 12.4.2. Commercial |
| 12.4.3. Industrial |
| 12.4.4. Others |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.5.1. Japan |
| 12.5.2. China |
| 12.5.3. India |
| 12.5.4. ASEAN |
| 12.5.5. Australia & New Zealand |
| 12.5.6. Rest of Asia-Pacific |
| 12.6. Asia-Pacific Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030 |
| 12.7. Asia-Pacific Portable Generators Market Dynamics Trends |
| 13. Latin America Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.1.1. Inverter Based |
| 13.1.2. Conventional |
| 13.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Gasoline |
| 13.2.2. Diesel |
| 13.2.3. Natural Gas |
| 13.2.4. Others (propane, LPG, Biodiesel) |
| 13.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. below 5 kW |
| 13.3.2. 5 kW 10 kW |
| 13.3.3. 10 kW20 kW |
| 13.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Residential |
| 13.4.2. Commercial |
| 13.4.3. Industrial |
| 13.4.4. Others |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.5.1. Brazil |
| 13.5.2. Mexico |
| 13.5.3. Argentina |
| 13.5.4. Rest of Latin America |
| 13.6. Latin America Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030 |
| 13.7. Latin America Portable Generators Market Dynamics Trends |
| 14. Middle East and Africa Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 14.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.1.1. Inverter Based |
| 14.1.2. Conventional |
| 14.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.2.1. Gasoline |
| 14.2.2. Diesel |
| 14.2.3. Natural Gas |
| 14.2.4. Others (propane, LPG, Biodiesel) |
| 14.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.3.1. below 5 kW |
| 14.3.2. 5 kW 10 kW |
| 14.3.3. 10 kW20 kW |
| 14.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.4.1. Residential |
| 14.4.2. Commercial |
| 14.4.3. Industrial |
| 14.4.4. Others |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 14.5.1. Gulf Cooperation Council (GCC) Countries |
| 14.5.2. Israel |
| 14.5.3. South Africa |
| 14.5.4. Rest of MEA |
| 14.6. MEA Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030 |
| 14.7. MEA Portable Generators Market Dynamics Trends |
| 15. Competition Landscape |
| 15.1. Strategic Dashboard of Top Market Players |
| 15.2. Company Profiles (Introduction, Financial Analysis, Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 15.2.1. Cummins, Inc. |
| 15.2.2. Atlas Copco |
| 15.2.3. Briggs & Stratton |
| 15.2.4. Honda |
| 15.2.5. Kubota Corporation |
| 15.2.6. Siemens |
| 15.2.7. Duromax |
| 15.2.8. Honeywell International, Inc. |
| 15.2.9. Loncin |
| 15.2.10. Kohler |
| 15.2.11. Generac |
| 15.2.12. Yamaha |
| 15.2.13. Caterpillar |
| 15.2.14. Eaton Corporation |
| 15.2.15. Wacker Neuson |
| 15.2.16. Champion |
| 15.2.17. Himoinsa S.L. |
| 16. Research Methodology |
| 17. Key Assumptions and Acronyms |
Key Market Players
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