Portable Generators Market: By Type, By Fuel ), Power Rating, By End User and Geography  

Portable Generators Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Inverter Based, Conventional), By Fuel (Gasoline, Diesel, Natural Gas, Others (propane, LPG, Biodiesel)), Power Rating (Below 5 kW, 5 kW 10 kW, 10 kW 20 kW), By End User (Residential, Commercial, Industrial, Others) and Region  

Portable Generators Market size was valued at US$ 3,123.4 million in 2023 and is expected to grow at a significant CAGR of 7.5% from  2024 to 2030. The global market provides a detailed overview of the market and can be segmented by Type, Fuel, Power Rating, and End-user. By type, the market has been segmented into Inverter Based, Conventional. The inverter-based segment is likely to be the largest and fastest-growing segment in terms of connectivity. Based on fuel, the market is segmented into Gasoline, Diesel, Natural Gas, and Others. Among these, the Gasoline segment is expected to have the fastest-growing market during the forecast period. 

Based on power rating, the market is segmented into Below 5 kW, 5 kW 10 kW, 10 kW 20 kW. 5 kW Generators are expected to dominate the market in the future according to Precision Business Insights. Based on end users, the market has been segmented into residential, commercial, and industrial. Among all these, residential segment is expected to grow at a significant CAGR over the forecast years.

Portable Generators Market Key Development

  • In May 2017, Atlas Copco introduced two new inverter power (iP) generators, that provide contractors effective, lightweight, and consistent source of portable power. Newest additions to Atlas Copcos comprehensive portable generators offering include P 3500i and P 2000i.

Portable Generators Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.5%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Portable Generators Market Dynamics

Factors such as increase in need of power backup facility in residential and commercial sectors coupled with rise in R&D for the development and launch of newer products by the market players are anticipated to propel the portable generators market.

Portable Generators Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 3,123.4 million

Market CAGR

7.5%

By Type

  • Inverter Based,
  • Conventional

By Fuel

  • Gasoline,
  • Diesel,
  • Natural Gas,
  • Others

By End User

  • Residential,
  • Commercial,
  • Industrial,
  • Others

Key Features of the Report

  • The portable generators market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The global portable generators market size was valued at US$ 3,123.4 million in 2023 and is projected to grow at a CAGR of 7.5% from 2024 to 2030.

The portable generators market key players are: Cummins Atlas Copco Briggs & Stratton Honda Kubota Corporation Siemens Duromax Honeywell International Loncin Kohler Generac Yamaha Caterpillar Eaton Corporation Wacker Neuson Champion Himoinsa S.L.

The portable generators market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

1. Executive Summary
2. Global Portable Generators Market Introduction
2.1. Global Portable Generators Market Taxonomy
2.2. Global Portable Generators Market Definitions
2.2.1. Type
2.2.2. Fuel
2.2.3. Power Rating
2.2.4. End-user
3. Global Portable Generators Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Portable Generators Market Dynamic Factors - Impact Analysis
3.6. Global Portable Generators Market Competition Landscape
4. Global Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Portable Generators Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030
5.1. Inverter Based
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Conventional
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Portable Generators Market Forecast, By Fuel, 2019 - 2023 and Forecast, 2024 - 2030
6.1. Gasoline
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Diesel
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Natural Gas
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others (propane, LPG, Biodiesel)
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Portable Generators Market Forecast, By Power Rating, 2019 - 2023 and Forecast, 2024 - 2030
7.1. Below 5 kW
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. 5 kW 10 kW
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. 10 kW20 kW
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Portable Generators Market Forecast, By End-User, 2019 - 2023 and Forecast, 2024 - 2030
8.1. Residential
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Commercial
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Industrial
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Others
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Portable Generators Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Portable Generators Market - Opportunity Analysis Index, Power rating, By End-Use and Region, 2024 - 2030
10. North America Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
10.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. Inverter Based
10.1.2. Conventional
10.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Gasoline
10.2.2. Diesel
10.2.3. Natural Gas
10.2.4. Others (propane, LPG, Biodiesel)
10.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. below 5 kW
10.3.2. 5 kW 10 kW
10.3.3. 10 kW20 kW
10.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.4.4. Others
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030
10.7. North America Portable Generators Market Dynamics Trends
11. Europe Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
11.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. Inverter Based
11.1.2. Conventional
11.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Gasoline
11.2.2. Diesel
11.2.3. Natural Gas
11.2.4. Others (propane, LPG, Biodiesel)
11.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. below 5 kW
11.3.2. 5 kW 10 kW
11.3.3. 10 kW20 kW
11.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Others
11.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.6.1. Germany
11.6.2. UK
11.6.3. France
11.6.4. Spain
11.6.5. Italy
11.6.6. Russia
11.6.7. Poland
11.6.8. Rest of Europe
11.7. Europe Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User  and Country, 2024 - 2030
11.8. Europe Portable Generators Market Dynamics Trends
12. Asia-Pacific Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
12.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. Inverter Based
12.1.2. Conventional
12.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Gasoline
12.2.2. Diesel
12.2.3. Natural Gas
12.2.4. Others (propane, LPG, Biodiesel)
12.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. below 5 kW
12.3.2. 5 kW 10 kW
12.3.3. 10 kW20 kW
12.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.4.4. Others
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User  and Country, 2024 - 2030
12.7. Asia-Pacific Portable Generators Market Dynamics Trends
13. Latin America Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
13.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. Inverter Based
13.1.2. Conventional
13.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Gasoline
13.2.2. Diesel
13.2.3. Natural Gas
13.2.4. Others (propane, LPG, Biodiesel)
13.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. below 5 kW
13.3.2. 5 kW 10 kW
13.3.3. 10 kW20 kW
13.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.4.4. Others
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030
13.7. Latin America Portable Generators Market Dynamics Trends
14. Middle East and Africa Portable Generators Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
14.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.1.1. Inverter Based
14.1.2. Conventional
14.2. By Fuel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Gasoline
14.2.2. Diesel
14.2.3. Natural Gas
14.2.4. Others (propane, LPG, Biodiesel)
14.3. By Power Rating Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. below 5 kW
14.3.2. 5 kW 10 kW
14.3.3. 10 kW20 kW
14.4. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Residential
14.4.2. Commercial
14.4.3. Industrial
14.4.4. Others
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Portable Generators Market - Opportunity Analysis Index, By Product Type, By Fuel, By Power Rating, By End-User and Country, 2024 - 2030
14.7. MEA Portable Generators Market Dynamics Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Cummins, Inc.
15.2.2. Atlas Copco
15.2.3. Briggs & Stratton
15.2.4. Honda
15.2.5. Kubota Corporation
15.2.6. Siemens
15.2.7. Duromax
15.2.8. Honeywell International, Inc.
15.2.9. Loncin
15.2.10. Kohler
15.2.11. Generac
15.2.12. Yamaha
15.2.13. Caterpillar
15.2.14. Eaton Corporation
15.2.15. Wacker Neuson
15.2.16. Champion
15.2.17. Himoinsa S.L.
16. Research Methodology
17. Key Assumptions and Acronyms

Key Market Players

  • Cummins
  • Atlas Copco
  • Briggs & Stratton
  • Honda
  • Kubota Corporation
  • Siemens
  • Duromax
  • Honeywell International
  • Loncin
  • Kohler
  • Generac
  • Yamaha
  • Caterpillar
  • Eaton Corporation
  • Wacker Neuson
  • Champion
  • Himoinsa S.L.

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