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Asia Pacific Portable Generators Market Size

Report ID: GMI6677
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Portable Generators Market Size

Asia Pacific Portable Generators Market size was valued at USD 3.9 billion in 2023 and is poised to witness over 4.5% CAGR between 2024 and 2032.

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A portable generator is a mobile device specifically designed to generate electrical power in situations where access to the conventional power grid is unavailable. It consists of an internal combustion engine that runs on various fuels and an alternator responsible for converting mechanical energy into electrical energy. The engine drives the alternator, which produces electricity for running a variety of appliances and devices.

Asia Pacific Portable Generators Market Report Attributes
Report Attribute	Details
Base Year:	2023
Asia Pacific Portable Generators Market Size in 2023:	USD 3.9 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	4.4%
2032 Value Projection:	USD 5.7 Billion
Historical Data for:	2019 to 2023
No. of Pages:	180
Tables, Charts & Figures:	482
Segments covered:	Product, Fuel & Power Rating, Phase, End Use
Growth Drivers:	Rapid industrialization & increasing infrastructure investments Burgeoning expansion in the telecom sector Increasing demand for uninterrupted power supply Growing consumer interest toward recreational activities
Pitfalls & Challenges:	High manufacturing cost Safety concerns

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Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of portable generators in Asia Pacific was exceeded at USD 3.9 billion in 2023 and is estimated to surpass USD 5.7 billion by 2032, backed by the increasing demand for uninterrupted power supply.

The conventional portable generator market held over 60% revenue share in 2022, owing to the growing concerns about power outages caused by extreme weather events and aging grid infrastructure.

China portable generators sets market was valued at over USD 1.13 billion in 2022 and will continue growing to the environmental concerns and noise pollution regulations, leading to a shift towards cleaner and quieter generator options.

Yamaha Motor Co., Westinghouse Electric Corporation, HIMOINSA, Caterpillar, DuroMax Power Equipment, Kohler, Mitsubishi Heavy Industries, Deere & Company, Atlas Copco, Energizer, Atlas Copco, and PR Industrial among others.