Portable Generators Market Trends 2021-2026, North America, Europe & APAC Industry Statistics with COVID-19 Impact Analysis: Graphical Research
Europe portable generators market size is poised to witness remarkable growth till 2026 | Three-phase generator segment to boost growth in North American market | Asia Pacific industry to register exponential growth through the projected duration
Pune, India – August 4, 2021 /MarketersMedia/ —
An analysis of portable generators market has been provided in the latest report introduced by Graphical Research that primarily focuses on the growth trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
The following top nine trends have been functioning as catalysts for the global portable generators market forecast:
Spain to represent substantial portion of European share
On account of the second wave of the COVID-19 pandemic across the nation, Spain has been grappling with the need to support a surging number of patients. As the healthcare sector strives to cater to the augmented power requirements for operating life support systems and other medical equipment, the demand for portable generators across the region is set to expand.
R&D activities across German generators industry
As numerous market players across the Germany portable generators market have been investing resources in R&D activities, the country might represent one of the leading regions over the next few years. The government has been supporting product development through funding and favorable policies. This factor might push the deployment of technologically advanced portable generators across the Europe market.
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Rising adoption across residential sector in Europe
The residential sector is likely to make significant contributions toward the overall Europe portable generators industry forecast in the forthcoming years. The need for uninterrupted electricity supply across homes due to the work from home (WFH) trend to avoid COVID-19 infection has been instigating the expansion.
Additionally, the facilitation of continuous operation of certain home appliances such as refrigerators and heaters will also promote adoption across the region. As consumers become more aware about power backup solutions, the residential use of these generators is expected to rise gradually.
Winter storms and COVID-induced delays in the U.S.
The recent winter storms across the North American region have been delaying shipments of generators, adding to the manufacturing delays due to the COVID-19 pandemic. These storms have been affecting shipments from Michigan to Texas in the U.S.
Automatic standby generators are being utilized for several purposes ranging from medical applications or the need to work from home amid the pandemic. The higher requirement for power backup in the recent times has been eliciting more demand for portable generators, which have been acting as suitable substitutes for standby generators amidst the unfavorable weather conditions.
Access sample pages of the report, “North America Portable Generators Market Forecasts 2026” in detail along with the table of contents (ToC) @
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Three-phase generator to gain popularity in America
The three-phase generator segment of the North America portable generator industry is projected to witness an uptick in terms of demand. They supply power efficiently and feature low external circuitry as well as a compact size.
As several industry players have been introducing products which are not only light weight and cost-sensitive but also technologically advanced, the product adoption will see a rising curve through 2026.
8-15 kVA portable generators to see higher use in Asia Pacific
The surge in the construction industry across the developing and underdeveloped regions in Asia has been resulting in a high deployment rate of 8-15 kVA portable generators. This is due to the continuous progression of construction activities that have been deploying portable generators, which function as a crucial power source for onsite construction machinery and equipment.
Expanding demand for diesel portable generators in Asia
Diesel portable generators have been receiving considerable approval from the commercial sector in Asia Pacific of late, owing to the easy availability of the fuel. The simplicity of designs of mobile generators ensures a user-friendly experience through convenient and hassle-free operation.
The Asia Pacific portable generators market share is expected to soar due to the rising product penetration across a plethora of applications. These generators also have a high lifespan, further boosting their deployment.
Amplified power demand across Thailand
The tourism sector of Thailand has been a major driver of the APAC portable generators industry forecast. With the volume of tourists spiraling upward continuously even in the wake of the pandemic, the need to satiate power demand is unavoidable.
Numerous supermarkets, hotels, restaurants, and shopping malls in the region have been deploying mobile generators to provide standby power at economical costs.
Growing frequency of natural calamities across Japan
The Japanese industry is one of the most lucrative segments in the APAC portable generators market. This is because the region has been displaying a high adoption rate on account of the rising frequency and intensity of natural calamities such as tsunamis and earthquakes in several provinces.
The geographical location of the country is such that severe tremors occur across the region on a regular basis. The restoration of power is therefore indispensable for a stable power infrastructure.
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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