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Global Portable Gensets Market size will surpass USD 4 Billion by 2025, Increasing dependency on electrical & electronic appliances to sustain daily operations across a multitude of end-users will stimulate the global portable generators market growth.Strengthening customer demand for zero downtime and increased reliability will continue to entail the prevalent deployment of these gensets. The consumers resort to portable gensets to immediately power appliances demanding continuity of supply, including lights, heating systems, etc. during an outage.
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Growth drivers:
• Booming construction sector
• Growing consumer interest toward recreational activities
• Increasing intensity & frequency of weather-related disasters
• Growing demand for uninterrupted power supply
• Growing demand for uninterrupted power supply
• Emerging trends in real estate
• Increasing intensity and frequency of weather-related outages
The U.S. portable Gensets market is set to surpass an annual shipment of 1.5 million units by 2025. Aging grid infrastructure coupled with deteriorating grid resilience to extreme weather conditions will stimulate the adoption of these units in the country. The U.S. electrical infrastructure is susceptible to unpredictable & frequent power failures as it dates back to 1950s. Rising investments in backup power solutions along with growing consumer awareness toward emergency preparedness will further favor the business scenario.
Growing demand for Recreational Vehicles (RVs) along with a gradual shift in consumers’ travel preferences will stimulate commercial portable generators market size. Moreover, mounting focus on the development of campgrounds and tourism will support the product penetration across the sector. These mobile gensets form an indispensable part of the outdoor recreational activities as a portable power source.
Residential applications, in 2018 accounted for over 55% of the global portable generators market revenue share. These gensets are predominantly deployed for backup power in households, residential flats, buildings, cottages, villas or bungalows to provide power continuity during weather-related outages, brownouts, or other electrical failures. Small surface footprint, affordable price portfolio, and quick response times to grid failure are the key features strengthening the product demand.
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Nigeria portable gensets market size is set to surpass USD 40 million by 2025. High electricity prices, poor electrical transmission & distribution networks coupled with rapid population growth will drive the product penetration in the country. According to the 2017 IEA Energy Access Outlook, over 590 million people accounting for nearly 57% of the population in sub-Saharan Africa do not have electricity access.
Growing demand for consistent and dependable power supply across job sites will boost the 8-15 kVA portable gensets market growth. These gensets are deployed across industrial spaces and construction sites to adequately power jobsite equipment & tools. Minimal operating costs and ease of mobility associated with these units will encourage product demand. Upcoming mega events, most notably the 2020 Dubai World Expo & Qatar FIFA World Cup 2022 will demand widescale deployment of these units to facilitate the robust construction activities.
Gasoline portable gensets market will witness growth on account of increasingly frequent and prolonged power outages caused by weather-related disasters, grid failures, rolling blackouts etc., which necessitate the deployment of these units. These generators efficiently serve the purpose for portable units on account of their light weight, mobility, and easier fuel availability.
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Partial Table of Contents (ToC) of the report:
Chapter 4 Global Portable Generators Market, By Power Rating
4.1 Global portable generators market share by power rating, 2018 & 2025
4.2 <2 kVA
4.2.1 Global market from <2 kVA, 2014 – 2025
4.2.2 Global market from <2 kVA, by region, 2014 - 2025
4.3 2-3.5 kVA
4.3.1 Global market from 2-3.5 kVA, 2014 – 2025
4.3.2 Global market from 2-3.5 kVA, by region, 2014 - 2025
4.4 3.5-5 kVA
4.4.1 Global market from 3.5-5 kVA, 2014 – 2025
4.4.2 Global market from 3.5-5 kVA, by region, 2014 - 2025
4.5 5-6.5 kVA
4.5.1 Global market from 5-6.5 kVA, 2014 – 2025
4.5.2 Global market from 5-6.5 kVA, by region, 2014 - 2025
4.6 6.5-8 kVA
4.6.1 Global market from 6.5-8 kVA, 2014 – 2025
4.6.2 Global market from 6.5-8 kVA, by region, 2014 - 2025
4.7 8-15 kVA
4.7.1 Global market from 8-15 kVA, 2014 – 2025
4.7.2 Global market from 8-15 kVA, by region, 2014 - 2025
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Chapter 5 Global Portable Generators Market, By End Use
5.1 Global portable generators market share by end use, 2018 & 2025
5.2 Residential
5.2.1 Global market from residential, 2014 – 2025
5.2.2 Global market from residential, by region, 2014 - 2025
5.3 Commercial
5.3.1 Global market from commercial, 2014 – 2025
5.3.2 Global market from commercial, by region, 2014 - 2025
5.4 Construction
5.4.1 Global market from construction, 2014 – 2025
5.4.2 Global market from construction, by region, 2014 - 2025
Chapter 6 Global Portable Generators Market, By Phase
6.1 Global portable generators market share by phase, 2018 & 2025
6.2 Single phase
6.2.1 Global market from single phase, 2014 – 2025
6.2.2 Global market from single phase, by region, 2014 - 2025
6.3 Three phase
6.3.1 Global market from three phase, 2014 – 2025
6.3.2 Global market from three phase, by region, 2014 - 2025
Chapter 7 Global Portable Generators Market, By Fuel
7.1 Global portable generators market share by fuel, 2018 & 2025
7.2 Gasoline
7.2.1 Global market from gasoline, 2014 – 2025
7.2.2 Global market from gasoline, by region, 2014 - 2025
7.3 Diesel
7.3.1 Global market from diesel, 2014 – 2025
7.3.2 Global market from diesel, by region, 2014 - 2025
7.4 Others
7.4.1 Global market from others, 2014 – 2025
7.4.2 Global market from others, by region, 2014 - 2025
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/pressrelease/portable-gensets-market
Release ID: 526244