Flexibility brings more market space to portable generators, and wind power may become a key research and development direction of the industry

  Abstract from：New Thought World network

    Portable generators that use gasoline are widely used for residential uses that require power for emergency and low-load applications.Portable generators using gasoline are widely used for residential purposes that require power supply for emergency situations and low load applications.

    Portable generators have the advantages of good fuel economy, low price, high output, reliability, versatility and portability, but correspondingly, traditional gasoline generators also have the disadvantages of loud noise, environmental pollution and so on. The "2023 Global and China portable generator industry In-depth Research Report" issued by the New Thought Industry Research Center shows that the global portable generator market size will grow from 2.41 billion US dollars in 2023 to 3.05 billion US dollars in 2027, with a compound annual growth rate of 4.8%. Portable generators are able to draw power from a centralized location to power a variety of plants in different regions. Its flexibility and versatility are driving the growth of market size.

    According to application scenarios, the demand for portable generators in emergency scenarios still accounts for the highest proportion.

    At present, emergency portable generators are mainly used when natural disasters such as storms, rainstorms and heat waves damage transmission and distribution infrastructure. Inadequate power generation infrastructure and poor grid networks, especially in some developing countries, have also forced small manufacturers and businesses to rely on emergency portable generators to keep them running.

    By fuel type, gasoline is expected to be the fastest growing portable generator segment.

    Portable generators that use gasoline are widely used for residential uses that require power for emergency and low-load applications. Gasoline is the most common power source, but the high price of gasoline may slightly limit its widespread use. But portable gasoline generators can be used in any emergency, hunting, camping, and other scenarios, driving their use in portable generators worldwide.  

    ortable wind turbines will become the focus of the company''s research and development of segmented products.

    With the application of portable generators more and more widely, the harm caused by traditional portable gasoline generators to the environment is also prominent, at present, competitors in the industry continue to increase research and development investment, looking for more environmentally friendly energy as a power source of generators. Among them, portable wind turbines have the advantages of being more environmentally friendly and convenient to assemble, which has become the focus of competitors in the industry.

    By region, Asia Pacific is expected to be the fastest growing regional market in the global portable generator market.

    The Asia-Pacific region is the world''s most populous region and is expected to be the world''s largest energy consumer. As portable generators provide uninterrupted and stable power supply during natural disasters, grid failures or any industrial disruption, the government has encouraged the development of the portable generator market to meet the needs of customers. And in the Asia-Pacific region, portable generator customer base is wide, from residential to industrial many, portable generator use scenarios are wide and easy to operate, the use of multi-fuel technology and combined with a more secure energy supply model, in the Asia-Pacific region will have a larger market space.

    Major players in the global portable generator market include: Generac (USA), Honda (Japan), Yamaha (Japan), Atlas Copco (Sweden) and Cummins (USA), among others.

Win Power forward the news for information,not representing approval for some certain opinions in the passage.