Global Residential Portable Petrol Generator Market 2015-2019 - New Report Available

From: Fast Market Research, Inc.
Published: Sun Aug 30 2015

Portable generators are ideal for providing AC power in standby non-hardwired applications. Low-end portable generators support only a few basic home appliances; however, there are high-end portable generators, too, which can provide backup AC power to an entire house. In addition to the residential use, portable generators are widely used in commercial buildings as well as industrial and infrastructure sites. These generators can be utilized in all places where the power grid is unavailable. Portable generators have two major advantages over standby generators:

* Low price
* Special installation not required

Portable generators are not designed for permanent installation. These generators can be fueled using one or more conventional energy sources, including petrol, diesel, battery, and propane, or natural gas. Most portable generators are air cooled and should be run in the open to ensure effective air ventilation.

Technavio's analysts forecast the global residential portable petrol generator market to grow at a CAGR of 6.3% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "Next-generation generators are expected to play a vital role in complying with eco-friendly norms, as they have built-in electronic governors and automatic voltage regulators. These technologies automatically control the speed of generator engines as needed, thereby making the generators more energy efficient."

According to the report, Residential portable generators are convenient to handle and can be easily transported from one place to another. These generators are highly effective in situations where power backup is required for a short period for low-voltage appliances. They provide more flexibility to users as they can be used for diverse purposes such as outdoor parties, camping trips, tailgating, and RVs.

Further, the report states that Portable generators are designed with lower capacity ranges to fulfill the demand for power during emergency situations that last for only a few hours. These generators are mostly used for intermittent purposes when the power requirement is low. Portable generators can run for a period of 6-10 hours on a single refill.

The key players in the Global Residential Portable Petrol Generator Market are Briggs & Stratton, Cummins, Eaton, Generac Holdings, HGI, Honda Motor, Kohler, and Yamaha while other prominent vendors include Champion Power Equipment, Honeywell International, Mi-T-M, Multiquip, and Winco

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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