Portable Generator Market Analysis, Trends, and Forecasts, 2025 - Evolving Smart Cities Necessitates Continuous Power Supply, Driving the Demand for Portable Generator - ResearchAndMarkets.com
The "Portable Generator - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Portable Generators market worldwide is projected to grow by US$679.6 Million, driven by a compounded growth of 4%.
Emergency, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.9 Billion by the year 2025, Emergency will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 3.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$18.6 Million to the region's size and clout in the next 5 to 6 years. Over US$12.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Emergency will reach a market size of US$115.9 Million by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.1% over the next couple of years and add approximately US$137 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Key Topics Covered:
1. MARKET OVERVIEW
- A Prelude to Portable Generators
- Portable Generators: Global Growth Prospects and Outlook
- Diesel Generators Dominate the Market
- Gasoline Generators to Witness the Fastest Growth
- Prime/Continuous Power Generators to Grow at the Fastest Rate
- Residential Sector: Largest End-Use Market
- Demographics & Societal Developments Accelerate Demand for Portable Residential Generators
- Major Demand Drivers for Residential Generators (2016 & 2030): Urban Population, Middle Class, and Single Person Households
- Replacement Demand to Sustain Demand for Residential Generators in Mature Developed Markets
- Growing Investments in Smart Homes Drive Strong Business Case
- Global Smart Homes Market by Category in US$ Billion for the Years 2018, 2020 and 2022
- Number of Smart Homes Worldwide (in 000 Households) by Select Country for Years 2015 & 2020
- US Dominates, Asia-Pacific to Witness Fastest Market Growth
- Select Portable Generator Models: 2019
2. FOCUS ON SELECT PLAYERS
- American Honda Motor Co., Inc. (USA)
- Atlas Copco AB (Sweden)
- Briggs & Stratton Corporation (USA)
- Caterpillar, Inc. (USA)
- Champion Power Equipment, Inc. (USA)
- Cummins, Inc. (USA)
- Generac Power Systems, Inc. (USA)
- Harrington Generators International Ltd. (UK)
- Kohler Co. (USA)
- Multiquip Inc. (USA)
- Wacker Neuson Corporation (USA)
- Winco Inc. (USA)
- Yamaha Motor Co., Ltd. (Japan)
- Yanmar Co., Ltd. (Japan)
3. MARKET TRENDS & DRIVERS
- Increasing Number of Weather-related Power Outages Drive Demand
- Value Lost Due to Electrical Outages as a % of Sales of Affected Firms
- Weather-related Power Outages in Recent Years
- Total Service Lost (in Million Customer Hours) from Recent Power Outages Due to Storms in the US: As of April 2018
- List of Major Power Outages That Affected Global Power Supply for 2019
- Impact of Heat Waves on Grid Stability
- Impact of Severe Weather on Security Systems
- Detroit Gears Up to Enhance Power Grid Security
- Rising Demand for Portable and Onsite Generators
- Exponential Increase in Global Population, and Heavily Burdened Electric Power Infrastructure Benefit Market Expansion
- World Population by Geographic Region (2000-2050) (in Millions)
- Projected Global Demand for Primary Energy (M Toe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
- Average Age of Electricity Plants in the United States as Percentage (%) of Total Energy Generation Capacity: 2016
- Global Economic Environment Influences Demand Dynamics in the Portable Generators Market
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
- Rise in Urbanization Rate: A Mega Trend Favoring Market Expansion
- World and Urbanization Rate (%) by Region/Country: 2016 & 2040
- Need for Continuous Power Supply Drive Widespread Adoption of Portable Generators
- Rise in Construction Activity to Drive Market Growth
- Projected Increase in Construction Investments Favors Portable Generators Market: World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
- Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
- Technological Advancements Drive Portable Generators
- Select Top Portable Generators with Wireless Remote Start Functionality
- Increasing Demand for Biofuel Portable Generators
- Growing Popularity of Automatic, Intelligent, and Smart Generators Drive Healthy Market Growth
- Advanced Technology and Connectivity Make Residential Generators Smarter
- Automatic Generators Integrated with Smart Technologies
- Evolving Smart Cities Necessitates Continuous Power Supply, Driving the Demand for Portable Generator
- Global Spending on Smart City Infrastructure by End-Use (2017 & 2020): Breakdown of Spend (Hardware, Software, and Services) in US$ Billion for Buildings & Homes, Education, Industry Automation, Power Supply, Security, and Others
- Number of Smart Cities Worldwide (2013-2020)
- Select Product Innovations and Launches: 2017-2019
- Stringent Environmental Regulations to Limit Carbon Emissions Restrain Market Growth
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/spb4s7
View source version on businesswire.com: https://www.businesswire.com/news/home/20191218005695/en/