This market study report from Technavio highlights the portable generator market in the APAC region by various segments, based on different products (3-10 kW, 10-15 kW, and less than 3 kW), and by fuel type (diesel, gas, and gasoline). Similarly, the report also depicts the top key vendor analysis and their business segmentation by revenue. The major players include Briggs & Stratton, Generac Power Systems, Honda, Motors, Kohler, and Yamaha.
Technavio’s market research analysts estimate the portable generator market in APAC to grow at a CAGR of around 8% between 2015 and 2019. Developing economies such as India, China, South Korea, Indonesia, Japan, and Thailand are the key countries that fuel the adoption of portable generators in the APAC region.
The new market research report from Technavio provides a breakdown and analysis of the portable generators segments by products and latest technologies.
“Of late, next-generation generators are gaining prominence in this market, owing to their easy compliance with environment friendly regulations and energy-efficiency. These smart generators have built-in electronic governors and automatic voltage regulators, and can be monitored remotely via the Internet. Moreover, portable hybrid generators are also gaining popularity in the market. These generators run on both gas and gasoline, and are more cost-effective, fuel-efficient, and emit less hazardous substances,” says Navin Rajendra, Lead Analyst, Engineering Equipment, Technavio Research.
The 3-10 KW generators occupy the largest market share, accounting for about 53% of the market, as they are the most commonly used portable generators. These generators have gained increased applications in the residential areas that have a load of 5-8 kW, because of their capability to withstand high loads. The 3-10 KW generators is projected to post the market growth rate of 9% during the forecast period.
Portable generator market in APAC: 3-10 kW ($ millions)
Source: Technavio Research
The leading vendors in the portable generators market in APAC are Briggs & Stratton, Generac Power Systems, Honda, Motors, Kohler, and Yamaha. Currently, large and international vendors dominate the portable generator market. However, many local and regional vendors with low-cost options are rapidly emerging in this market.
A more detailed analysis is available in the Technavio report, Portable Generator Market in APAC – Market Research Study 2015-2019.
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