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Portable Generators Market By Fuel Type (Diesel, Gasoline & Others), Power Output (Less than 3kW, 3-10kW, More than 10kW), By Application (Domestic, Commercial, Industrial) - Global Opportunity and Forecast, 2014-2022

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Pages: 181
Apr 2017 | 4451 Views
 
Author's : Soumya Swarup Sahoo
Tables: 38
Charts: 47
 

Portable Generators Market Overview:

Portable Generators are used to generate electric power in domestic, commercial, and industrial applications. Generating electricity for live commercial events, electrifying machinery in construction sites, additional power supply during power outage, and others are the applications covered in the study.

The global portable generators market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The leading vendors in the market have adopted product launch as their key development strategy to attain major market share and diversify the product & service portfolio and sustain intense competition. In addition, companies have also adopted partnership strategies for implementation of new technologies, improvement of operational performance, and market expansion & innovation.

The global portable generators industry, is segmented based on fuel type, power output, application, and geography. Based on power output, the market is bifurcated into less than 3kW, 3-10kW, and more than 10kW, while the application segment consists of domestic, commercial, and industrial. Based on geography, the portable generators industry is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America generated the highest revenue in 2015.

The global market for portable generators industry was valued at $3,146 million in 2015, and is estimated to grow at a CAGR of 6.6% to reach $4,913 million by 2022. Increase in need of power backup facility, growth in demand for low-cost and diesel-fueled generators, increase in preference for natural gas-fueled generators, and rise in awareness of portable generators drive the market. However, the portable generators market growth is restrained due to limited duration of power supply and stringent environmental regulations toward emission of hazardous gases from diesel generators.

The power output segment includes less than 3kW, 3-10kW, and more than 10kW power generators. Increase in adoption of multipurpose power generation systems is anticipated to fuel the portable generators market growth. The less than 3kW portable generators segment is projected to grow at the highest CAGR, owing to increase in awareness of in-house power backup and rise in need for portable powering systems in outdoor recreational activity. The generators that deliver more than 10kW power are extensively used in industrial sector due to need for higher power supply to run machines and industrial tools, which in turn is expected to drive the portable generators market.

Asia-Pacific is the leading regional market, in terms of growth rate, for portable generators, owing to rapid industrialization in developing countries such as China, Japan, South Korea, and India. Moreover, rapid industrialization in Latin America and Gulf countries is expected to fuel the demand for portable generators, as these generators are utilized in various construction activities, which include cutting, drilling, lifting, and many others. Easy availability of fossil fuel in Middle East region is one of the key growth factor for portable generators in the region.

Key players profiled in the report are Generac Power Systems, Inc., Cummins Inc., Briggs & Stratton Corporation, Honda Motor Co., Ltd., Caterpillar, Inc., Eaton Corporation Plc, Kohler Co., Yamaha Motor Corporation, Champion Power Equipment, Inc., and Smarter Tools, Inc. The report discusses the key strategies adopted by the companies in addition to the current trends, upcoming opportunities, and restraints in the market growth, with detailed information about their impacts.

Global Portable Generators Market Segmentation

Global Portable Generators Market Segmentation

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Top Impacting Factors

Portable Generators Market Top Impacting Factors

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Growth in Demand for Natural Fuel Sources

Natural gas-fueled generators gain traction with the evolution of stringent environmental norms to control embosom of hazardous gasses from diesel generators in developed regions such as North America, Europe, and some parts of Asia-Pacific. In addition, many developing nations such as India, Singapore, and Russia use natural energy sources in generators, hence providing a good space for market growth.

Rise in Awareness

Portable generators gain traction among end users, including house owners, event organizers, third-party service providers, and others, owing to increase in need for energy backup during power outage, convenient power storages for camping, and long outdoor events at distant places. Several key players in the market support commercial events with their wide range of product category.

Stringent Environment Norms

Stringent environmental regulations toward emission of hazardous gases, such as carbon monoxide, carbon dioxide, nitrous oxide, and others, from generators hamper the growth of the market. Several regulatory bodies such as the California Environmental Protection Agency, United States Environmental Protection Agency, Central Pollution Control Board (India), and others have set guidelines to restrict hazardous pollutants from diesel generator exhaust systems.

Key Benefits

  • The report provides an overview of the trends, structure, drivers, challenges, and opportunities in the global portable generators industry.
  • Porters Five Forces analysis highlights the potential of buyers & suppliers, and provides insights on the competitive structure of the market to determine the investment pockets in the portable generators market.
  • Current and future trends adopted by key players are highlighted to determine overall competitiveness of the global portable generators industry.
  • The quantitative analysis of the market from 2014 to 2022 is provided to elaborate the market potential.

Portable Generators Market Key Segments:

By Fuel Type

  • Diesel
  • Gasoline
  • Others (Biodiesel, Propane, and Other Natural Gas)

By Power Output

  • Less than 3kW
  • 3-10kW
  • More than 10kW

By Application

  • Domestic
  • Commercial
  • Industrial

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players Profiled in the Report

  • Generac Power Systems, Inc.
  • Cummins Inc.
  • Briggs & Stratton Corporation
  • Honda Motor Co., Ltd.
  • Caterpillar, Inc.
  • Eaton Corporation plc
  • Kohler Co.
  • Yamaha Motor Corporation
  • Champion Power Equipment, Inc.
  • Smarter Tools, Inc.

Other Market Players Mentioned in the Report

  • Perkins Engines Company Limited
  • Pulsar Products, Inc.
  • Kirloskar Oil Engines Ltd.
  • Westinghouse Electric Corporation
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTATION
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors

3.2.1.1. Increase in need for standby power supply systems
3.2.1.2. Rise in demand for convenient & cost-effective diesel generators
3.2.1.3. Growth in demand for natural fuel sources
3.2.1.4. Limited period of power supply
3.2.1.5. Rapid urbanization & change in lifestyle

3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in need for power backup facility
3.5.1.2. Growth in demand for low-cost and diesel-fueled generators
3.5.1.3. Increase in preference for natural gas-fueled generators
3.5.1.4. Rise in awareness of portable generators among end users

3.5.2. Restraints

3.5.2.1. Limited duration of power output
3.5.2.2. Carbon emissions from diesel generators

3.5.3. Opportunities

3.5.3.1. Growth in urbanization and increase in number of commercial projects
3.5.3.2. Upsurge in outdoor recreation activities

Chapter: 4 PORTABLE GENERATORS MARKET, BY FUEL TYPE

4.1. OVERVIEW
4.2. DIESEL

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast ($million)

4.3. GASOLINE

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast ($million)

4.4. OTHERS (BIO-DIESEL, PROPANE, AND NATURAL GASES)

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast ($million)

Chapter: 5 PORTABLE GENERATORS MARKET, BY POWER OUTPUT

5.1. OVERVIEW
5.2. LESS THAN 3KW

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast ($million)

5.3. 3-10KW

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast ($million)

5.4. MORE THAN 10KW

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast ($million)

Chapter: 6 PORTABLE GENERATORS MARKET, BY APPLICATION

6.1. OVERVIEW
6.2. DOMESTIC PORTABLE GENERATORS

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast ($million)

6.3. COMMERCIAL PORTABLE GENERATORS

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast ($million)

6.4. INDUSTRIAL PORTABLE GENERATORS

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast ($million)

Chapter: 7 PORTABLE GENERATORS MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast ($million)

7.2.3.1. U.S.
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast ($million)

7.3.3.1. UK
7.3.3.2. Germany
7.3.3.3. France
7.3.3.4. Italy
7.3.3.5. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast ($million)

7.4.3.1. China
7.4.3.2. India
7.4.3.3. Japan
7.4.3.4. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast ($million)

7.5.3.1. Latin America
7.5.3.2. Middle East
7.5.3.3. Africa

Chapter: 8 COMPANY PROFILES

8.1. BRIGGS & STRATTON CORPORATION

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments

8.2. CATERPILLAR, INC.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Business performance
8.2.5. Key strategic moves and developments

8.3. CHAMPION POWER EQUIPMENT, INC.

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating product segments
8.3.4. Business performance
8.3.5. Key strategic moves and developments

8.4. CUMMINS INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Business performance
8.4.5. Key strategic moves and developments

8.5. EATON CORPORATION PLC

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance

8.6. GENERAC POWER SYSTEMS, INC.

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves and developments

8.7. HONDA MOTOR CO., LTD.

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments

8.8. KOHLER CO.

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves and developments

8.9. SMARTER TOOLS, INC.

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance

8.10. YAMAHA MOTOR CORPORATION

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Business performance
8.10.5. Key strategic moves and developments

LIST OF TABLES

TABLE 1. PORTABLE GENERATORS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 2. GLOBAL PORTABLE GENERATORS MARKET REVENUE, BY FUEL TYPE, 2014-2022 ($MILLION)
TABLE 3. DIESEL PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 4. GASOLINE PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 5. OTHER FUEL TYPES PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 6. GLOBAL PORTABLE GENERATORS MARKET REVENUE, BY POWER OUTPUT, 2014-2022 ($MILLION)
TABLE 7. LESS THAN 3KW PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 8. 3-10KW PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 9. MORE THAN 10KW PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 10. GLOBAL PORTABLE GENERATORS MARKET REVENUE, BY APPLICATION, 2014-2022 ($MILLION)
TABLE 11. DOMESTIC APPLICATION MARKET REVENUE OF PORTABLE GENERATORS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 12. COMMERCIAL APPLICATION MARKET REVENUE OF PORTABLE GENERATORS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 13. INDUSTRIAL APPLICATION MARKET REVENUE OF PORTABLE GENERATORS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 14. PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 15. NORTH AMERICA PORTABLE GENERATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 16. EUROPE PORTABLE GENERATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 17. ASIA-PACIFIC PORTABLE GENERATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 18. LAMEA PORTABLE GENERATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 19. BRIGGS & STRATTON CORPORATION: COMPANY SNAPSHOT
TABLE 20. BRIGGS & STRATTON CORPORATION: OPERATING SEGMENTS
TABLE 21. CATERPILLAR, INC.: COMPANY SNAPSHOT
TABLE 22. CATERPILLAR, INC.: OPERATING SEGMENTS
TABLE 23. CHAMPION POWER EQUIPMENT, INC.: COMPANY SNAPSHOT
TABLE 24. CHAMPION POWER EQUIPMENT, INC.: PRODUCT SEGMENTS
TABLE 25. CUMMINS INC.: COMPANY SNAPSHOT
TABLE 26. CUMMINS INC.: OPERATING SEGMENTS
TABLE 27. EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 28. EATON CORPORATION PLC: OPERATING SEGMENTS
TABLE 29. GENERAC POWER SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 30. GENERAC POWER SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 31. HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT
TABLE 32. HONDA MOTOR CO., LTD.: OPERATING SEGMENTS
TABLE 33. KOHLER CO.: COMPANY SNAPSHOT
TABLE 34. KOHLER CO.: OPERATING SEGMENTS
TABLE 35. SMARTER TOOLS, INC.: COMPANY SNAPSHOT
TABLE 36. SMARTER TOOLS, INC.: OPERATING SEGMENTS
TABLE 37. YAMAHA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 38. YAMAHA MOTOR CORPORATION: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. SEGMENTATION
FIGURE 2. EXECUTIVE SUMMARY
FIGURE 3. TOP IMPACTING FACTORS
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. TOP WINNING STRATEGY
FIGURE 7. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 8. MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 9. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 10. MODERATE THREAT OF NEW ENTRANTS
FIGURE 11. LOW-TO-MODERATE COMPETITIVE RIVALRY
FIGURE 12. MARKET PLAYER POSITIONING
FIGURE 13. MARKET DYNAMICS
FIGURE 14. GLOBAL PORTABLE GENERATORS MARKET, BY FUEL TYPE
FIGURE 15. GLOBAL PORTABLE GENERATORS MARKET, BY FUEL TYPE, 2014-2022
FIGURE 16. GLOBAL PORTABLE GENERATORS MARKET, BY POWER OUTPUT
FIGURE 17. GLOBAL PORTABLE GENERATORS MARKET, BY POWER OUTPUT, 2014-2022
FIGURE 18. GLOBAL PORTABLE GENERATORS MARKET, BY APPLICATION
FIGURE 19. GLOBAL PORTABLE GENERATORS MARKET, BY APPLICATION, 2014-2022
FIGURE 20. PORTABLE GENERATORS MARKET, BY GEOGRAPHY
FIGURE 21. GEOGRAPHICAL SNAPSHOT: ASIA-PACIFIC AN ATTRACTIVE MARKET FOR PORTABLE GENERATORS
FIGURE 22. NORTH AMERICA PORTABLE GENERATORS MARKET
FIGURE 23. U.S.: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 24. CANADA: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 25. MEXICO: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 26. EUROPE PORTABLE GENERATORS MARKET
FIGURE 27. UK: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 28. GERMANY: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 29. FRANCE: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 30. ITALY: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 31. REST OF EUROPE: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 32. ASIA-PACIFIC PORTABLE GENERATORS MARKET
FIGURE 33. CHINA: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 34. INDIA: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 35. JAPAN: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 36. REST OF ASIA-PACIFIC: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 37. LAMEA PORTABLE GENERATORS MARKET
FIGURE 38. LATIN AMERICA: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 39. MIDDLE EAST: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 40. AFRICA: PORTABLE GENERATORS MARKET REVENUE, 2014-2022($MILLION)
FIGURE 41. BRIGGS & STRATTON CORPORATION: COMPANY FINANCIALS
FIGURE 42. CATERPILLAR, INC.: COMPANY FINANCIALS
FIGURE 43. CUMMINS INC.: COMPANY FINANCIALS
FIGURE 44. EATON CORPORATION PLC: COMPANY FINANCIALS
FIGURE 45. GENERAC POWER SYSTEMS, INC. : COMPANY FINANCIALS
FIGURE 46. HONDA MOTOR CO., LTD.: COMPANY FINANCIALS
FIGURE 47. YAMAHA MOTOR CORPORATION: COMPANY FINANCIALS

 

The global portable generators market size was $3,146 million in 2015, and is estimated to reach $4,913 million by 2022 at a CAGR of 6.6% during the forecast period. Increase in need of standby power supply systems, rise in demand for convenient and cost-effective diesel generators, increase in preference for natural gas fueled generators, and growth in awareness of portable generators among end-users including house owners, event organizer, third-party service providers and others drive the global market. However, the factors restricting portable generators market growth include limited duration of power generation and harmful carbon emissions generated by diesel generators.

The adoption of portable generators has increased in domestic and commercial applications over the years. Commercial events of mass gathering in under-developed and developing regions including Asia-Pacific, Latin America, Middle East, and Africa demand additional power generating portable generators due to interrupted electric supply networks and regular power outages. In addition, portable generators are on high demand from recreational activists, travelers, and county side tourists for need of power at remote places.

Portable generators market in Asia-Pacific, China, and India possess high market potential, and is projected to increase at a significant rate owing to power backup need in several construction sites as these countries are involved in rapid industrialization and infrastructure development.

The leading players profiled in this report are Generac Power Systems, Inc., Cummins Inc., Briggs & Stratton Corporation, Honda Motor Co., Ltd., Caterpillar, Inc., Eaton Corporation Plc, Kohler Co., Yamaha Motor Corporation, Champion Power Equipment, Inc., and Smarter Tools, Inc. These companies have adopted strategies such as business expansion, product launch, and merger & acquisition to increase their market shares and expand their geographical presence.

Portable generators offer power need in multiple application areas including domestic, commercial, and industrial. The variable nature of portability gives right choice to the end-users fulfilling their power need in both in-door and out-door activities. However, the demand for standby and battery power inverters is at a steady rise, which is expected to challenge the portable generators market growth in the coming years.

 

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