Technavio’s market research report segments the portable generator market in China by product range (less than 3kW, 3 to 10 kW, and 10 to 15 kW), and by fuel type (gas, diesel, and gasoline). The report further discusses the vendor landscape and corresponding detailed information about the key leading vendors such as Briggs & Stratton, Cummins, Honda Motors, Generac, and Kohler. Additionally, the report discusses the major drivers influencing the growth of the market and pinpoints the challenges faced by vendors and the market at large.
Technavio’s market research analysts estimate the portable generator market in China to grow at a CAGR of 8.5% between 2015 and 2019. Increasing demand for portable generators predominantly comes from the growing construction industry in China. Various construction companies in China are adopting portable generators to ensure an uninterrupted electricity supply to enhance their safety, comfort levels, and day-to-day operations.
The new market research report from Technavio provides a breakdown and analysis of the portable generator segments by technology.
“Portable generators are preferred over stationary generators due to their low initial investment and less maintenance. They are smaller in size and are less noisy. They provide a quick backup solution during power outages. These portable generators are user-friendly and are easy to operate. Now-a-days, the new portable generators include inverter technology to generate clean energy,” says Navin Rajendra, Lead Analyst, Heavy Industry, Technavio Research.
Currently, this market is witnessing strong demand for portable generators with a capacity of 3 to 10 kW. Majority of this segment’s demand comes from the construction and industrial segment. These generators are the most preferred ones in industrial activities for operating higher rating machines, as they can withstand higher loads.
Portable generator market in China for 3 to 10 kW ($ millions)
Source: Technavio Research
The leading vendors in the portable generator market in China include Briggs & Stratton, Cummins Power Systems, Generac Power Systems, Honda Motors and Kohler. The market is dominated by large and international vendors; however, many local and regional vendors are emerging in the market with low-cost options for residential and commercial users.
A more detailed analysis is available in the Technavio report, Portable Generator Market in China 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
