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Portable Diesel Generator Market Size to Reach US$ 700 Million by 2031 | Kohler Co. Inc, Yamaha Motor Co., Ltd, Stanley Black & Decker, Inc.

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Portable Diesel Generator Market Size to Reach US$ 700 Million by 2031 | Kohler Co. Inc, Yamaha Motor Co., Ltd, Stanley Black & Decker, Inc.

July 09
18:41 2021
Portable Diesel Generator Market Size to Reach US$ 700 Million by 2031 | Kohler Co. Inc, Yamaha Motor Co., Ltd, Stanley Black & Decker, Inc.

Portable Diesel Generator Market-By Fact.MR

As per a revised report published by Fact.MR, the global demand for Portable Diesel Generators Market was valued at US$ 700 Mn in 2020, and is anticipated to expand at a CAGR of around 6.5% over the next ten years.

Diesel and gasoline portable generators are seen as major contributors to CO2 emissions. Over the past half-decade, various measures have been taken by governments around the world to curb air pollution. For instance, diesel generators are banned across various cities of Europe citing high levels of emissions.

 

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In order to tackle the emission problem without compromising on electricity supply, market players have come up with hybrid generators that can significantly reduce emissions. Photovoltaic (PV) diesel hybrid generators have garnered increased attention of late.

Moreover, high spending on R&D and innovation has paved the way for innovative hybrid generators, attributed to changing consumer preference along with stringent environmental policies laid down by government bodies.

 

Key Market Segments Covered

By Power Output

  • Less than 1.0 KW Portable Generators
  • TO 3.0 KW Portable Generators
  • TO 5.0 KW Portable Generators
  • More than 5.0 KW Portable Generators

 

By End Use

  • Commercial Portable Generators
  • Residential Portable Generators
  • Industrial Portable Generators
  • Agricultural Portable Generators
  • Others

 

By Application

  • Standby Backup Power Portable Generators
  • Continuous Power Portable Generators

 

By Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

 

“High R&D spending coupled with technological advancements in portable generators is expected to aid market growth over the coming years,” says a Fact.MR analyst.

 

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Winning Strategy

Market players have been spending on research & development to come up with new, innovative products such as hybrid generators. These enhancements will drive the growth of the portable generators industry in the medium- to the long-term forecast period.

 

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the portable generators sales, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.

The study divulges essential insights on the market based on the power output (less than 1.0 kW, 1.0 to 3.0 kW, 3.0 to 5.0 kW, and more than 5.0 kW) end use (commercial, residential, industrial, agricultural, and others), application (standby backup power and continuous power), across six major regions of the world (North America, Latin America, Europe, Japan, APEJ, and MEA).

 

About the Industrial Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Industrial team at Fact.MR helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the automotive industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

 

Read Fact.MR Exclusive Article on Veganism in 2021 and Beyond –
https://www.factmr.com/article/107/veganism-in-2021-and-beyond-sustainable-yet-profitable

 

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

 

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