Fast Market Research announces the availability of the new TechNavio report, "Global Portable Gas Generator Market 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 08/21/2015 -- Generators are backup devices designed to provide temporary AC or DC power by using the supplied fuel, which can be either gasoline, diesel, or gas. They can be used as a source of backup or emergency power for residential, commercial, and industrial applications. A typical generator is powered by a fuel engine. Generators, depending on their portability, are segmented into two broad categories: portable and stationary.
Portable generators are the best solutions to provide AC power for standby non-hardwired applications. Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings as well as industrial and infrastructure sites.
Technavio's analysts forecast the global portable gas generator market to grow at a CAGR of 7.91% during 2014-2019.
Get More Details on this Report and a Full Table of Contents at Global Portable Gas Generator Market 2015-2019
Commenting on the report, an analyst from Technavio's team said: "Portable hybrid generators, operating both on gas and diesel, are gradually gaining momentum in the market. These generators offer flexibility in terms of fuel selection and cost and fuel efficiency than conventional generators. They have low emission levels of nitrogen oxide, carbon monoxide, and hydrocarbons, compared to diesel generators. The advantages of portable hybrid generators augur well for market growth."
According to the report, rapid globalization and urbanization has led to a rise in use of refrigerators, heating equipment, air conditioners, communication equipment, and PCs among residential users. It has also increased the importance of electricity in the residential sector in the past two decades. Regular disruptions in electricity supply can affect day-to-day activities of many residential and home-based business consumers. Consumers are thus increasingly opting for portable generators, especially portable gas generators over standby generators, to obtain continuous power supply and enhance their safety, mobility, comfort, and day-to-day operations.
Further, the report states that the stationary generators pose a serious threat to the growth of the portable gas generator market, as they can be directly connected to the grid system, and do not require plugging of different appliances during power outages.
The key players in the Global Portable Gas Generator Market are Briggs & Stratton, Cummins, Eaton, Generac Holdings, Honda Motor, Kohler and Yamaha Motor while other prominent vendors include Caterpillar, Champion Power Equipment, Dresser-Rand, GE, Honeywell International, Mi-T-M, MTU Onsite Energy, Multiquip, Perkins, Powerdyne International, Pramac, Scott's Emergency Lighting & Power Generation, Technotronic Industries, TECO-Westinghouse Motor, Wacker Neuson, Wartsila and Winco
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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