Eaton Corp., Generac Holdings Inc., and Honda Power Equipment Ltd. are three key vendors highlighted in a new Technavio report
London, 25 June 2015 – Technavio has published a new report on the global low-capacity portable generator market, which is expected to grow at a CAGR of almost 7% from 2015-2019.
Low-capacity portable generator market segmentation by type of fuel, end-user, and region
Technavio’s report analyzes the solutions and products offered by market vendors and presents a comprehensive breakdown of the market by the different types of fuel used, such as diesel, gas, inverter, and battery.
Additionally, analysts have segmented the market by key region, including Asia-Pacific (APAC), Europe, Middle East, and Africa (EMEA), and the Americas.
“In order to cope with the competitive business environment, few market vendors are developing generators with comprehensive controls and monitoring systems that will improve the overall efficiency of generators. So next-generation generators play an important role in ensuring compliance with eco-friendly practices, as they have built-in electronic controllers and automatic voltage regulators,” says Faisal Ghaus, Vice President of Technavio.
Low-capacity portable generator: Market scope and size
This report covers the present scenario and growth prospects of the global low-capacity portable generator market from 2015-2019. To calculate the market size, we use revenue generated from the sales of generators, calculated based on end-user, geography, and type of fuel.
Industry overview
Key vendors:
- Eaton Corp.
- Generac Holdings Inc.
- Honda Power Equipment Ltd.
- Yamaha Motor Co. Ltd.
Market growth drivers:
- Increased frequency of power grid failures
- Popularity of low-capacity portable generators among residential users
Market challenges:
- Stringent emission standards
- Short-duration backup solution
Market trends:
- Emergence of next-generation generators
- Increased demand for portable hybrid generators
View the global low-capacity portable generator market report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
