Report Published: "Global Diesel Portable Generator Market 2015-2019"

From: Fast Market Research, Inc.
Published: Mon Aug 31 2015

Generators provide temporary AC or DC power by using supplied fuel such as gasoline, diesel, and gas. They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered via a fuel engine. Portable generators are the best solutions to provide AC power for standby non-hardwired applications.

Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings as well as industrial and infrastructure sites, that is, where grid is unavailable.

Technavio's analysts forecast the global diesel portable market to grow at a CAGR of 7.8% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said, "One major trend in this market is emergence of next-generation generators. Several market vendors are focusing on developing advanced generators with increased features and functionalities to sustain themselves in the competitive business environment."

According to the report, one key driver of this market is the increased adoption of portable generators by residential users. With rapid globalization, residential users have become more dependent on electronics and electrical products such as refrigerators, heating equipment, air conditioners, communication equipment, desktop computers, and critical in-house healthcare and office equipment.

Further, the report states that one of the major challenges is the growing demand for gas generators. Although the global residential portable diesel generator market derives the majority of its revenue from the portable diesel generator segment, the portable gas generator segment is rapidly growing.

The key players in the Global Diesel Portable Generator Market are Briggs & Stratton, Cummins, Generac Holdings, Honda Motor, Kohler while other prominent vendors include Caterpillar, Eaton, GE, Honeywell International, Perkins, Pramac.

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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