Albany, NY -- (SBWire) -- 09/06/2016 --Generators are backup devices designed to provide temporary AC power by using supplied fuel, which can be either diesel or gas. Depending on the portability, generators are categorized into two:
- Portable
- Stationary
The low-capacity portable generator market in the US to grow at a CAGR of 6.10% over the period 2014-2019. Portable generators are used to provide AC power for standby non-hardwired applications. There are two types of portable generators: low-capacity and high-capacity. This report focusses on low-capacity portable generators, with power output rated below 3 kW. Low-capacity portable generators are mainly used to provide backup AC power to basic home appliances. Whereas, high-capacity portable generators are used to provide backup AC power to an entire home. Apart from residential use, low-capacity portable generators are widely used in commercial buildings as well as industrial and infrastructure sites for small applications. These generators can be used in all places, where the grid is not available.
The major advantages of portable generators over stationary generators are the following:
- Low priced
- Do not require special installation
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In this report, Technavio covers the present scenario and the growth prospects of the low-capacity portable generator market in the US for 2015-2019. To calculate the market size, we consider revenue generated from the sales of generators with a power range less than 3 kW. The revenue generated is calculated based on end-user, type of generators, and product range.
Technavio's report, the Low-capacity Portable Generator Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Vendors
- Briggs and Stratton
- Generac Holdings
- Honda Power Equipment
- Kohler
Other Prominent Vendors
- Champion Power Equipment
- Eaton
- Honeywell International
- Multiquip
- Powerdyne International
- Pramac
- Scott's Emergency Lighting and Power Generation
- Winco
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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Low Capacity Portable Generator Market in the US to Grow at a CAGR of 6.10% over Forecast 2015-2019
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