London, 01 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the Global Portable Generator Market 2015-2019, which is expected to propel the overall market growth at a CAGR of 7.92 percent during the forecast period of 2014-2019.
“Next-generation generators are considered to play an indirect role in complying with eco-friendly norms since they have built-in electronic governors and automatic voltage regulators,” says Faisal Ghaus, Vice President of TechNavio.
“These technologies help in the automatic control of the speed of generator engines, thereby making the generators highly energy efficient.”
Key Market Drivers
- Increased Adoption of Portable Generator among Residential Users
- Increase in Demand for Gas Generators
- Power Blackouts because of Natural Disasters
- Increasing Frequency of Power Grid Failures
- Easy Accessibility
Key Market Trends
- Emergence of Next-generation Generators
- Growing Demand for Portable Hybrid Generators
- Demand for Portable Gas Generators in APAC Region
Key Market Vendors
- Baldor Electric Co. Inc.
- Briggs & Stratton Corp.
- Cummins Inc.
- Eaton Corp.
- Generac Holdings Inc.
- Honda Motor Co. Ltd.
- Kohler Co.
- Yamaha Motor Co. Ltd.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
