- Inverter Based,
- Conventional
Portable Generators Market size was valued at USD 2,953.4 million in 2022 and is expected to grow at a significant CAGR of 6.5% from 2023 to 2029. 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 portable generators 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 portable generators market is segmented into Gasoline, Diesel, Natural Gas, Others. Among these, the Gasoline segment is expected to have the fastest-growing market during the forecast period. Based on power rating, the portable generators 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 user, 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.
Portable Generators Market Key Development:
- In May 2017, Atlas Copco introduced two new inverter power (iP) generators, that provide contractors effective, lightweight, and consistent source of portable power. Newest additions to Atlas Copcos comprehensive portable generators offering include P 3500i and P 2000i.
Portable Generators Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.5%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Portable Generators Market Dynamics
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 Got Significant Share
Portable Generators Market Regional Analysis
By region, the 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
Key Features of the Reports
- The portable generators market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The portable generators market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The portable generators market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The portable generators market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The portable generators market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Portable Generators Market Segmentation
By Type
By Fuel
- Gasoline,
- Diesel,
- Natural Gas,
- Others
By End User
- Residential,
- Commercial,
- Industrial,
- Others
Frequently Asked Questions
The portable generators market size was valued at USD 2,953.4 million in 2022
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, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 |
| 5.1. Inverter Based |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Gasoline |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 |
| 7.1. Below 5 kW |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 |
| 8.1. Residential |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2023 - 2029 |
| 10. North America Portable Generators Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 10.7. North America Portable Generators Market Dynamics Trends |
| 11. Europe Portable Generators Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 11.8. Europe Portable Generators Market Dynamics Trends |
| 12. Asia-Pacific Portable Generators Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 12.7. Asia-Pacific Portable Generators Market Dynamics Trends |
| 13. Latin America Portable Generators Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 13.7. Latin America Portable Generators Market Dynamics Trends |
| 14. Middle East and Africa Portable Generators Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 14.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 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 |
- 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.