Global Canada Portable Generator Market By Fuel Type, By Power Rating, By End-User, By Geography Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Canada Portable Generator Market By Fuel Type, By Power Rating, By End-User, By Geography Scope And Forecast
Canada Portable Generator Market Size And Forecast
According to Market Research, the Canada Portable Generator Market was valued at USD 277.9 Million in 2018 and is projected to reach USD 372.1 Million by 2026, growing at a CAGR of 3.8% from 2019 to 2026.
The Canada Portable Generator Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Canada Portable Generator Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
What is a Portable Generator
Portable generators are defined as backup devices designed for providing temporary AC power for non-hardwired and stand-alone applications. These generators function by using supplied fuel such as diesel, gasoline, or natural gas. The engine present in these generators turns a small turbine, which in turn creates usable electricity up to a certain level of wattage. Users can plug different electrical appliances or tools directly into the generator’s sockets, or the generator can be professionally wired into the sub-panel of a home. These portable generators are usually functional for a run time of fewer than 12 hours and provide a power output of 500W to 17.5kW.
Canada Portable Generator Market Overview
The rising demand for portable generators in construction is one of the major factors contributing to the growth of the market. Portable generators are widely used in many construction activities for providing electric power to various equipment and machinery required at construction sites. These sites cannot avail of grid supply as they are often in remote areas where the grid is unable to supply the required power continuously. This is where the power generation industry comes into play by providing portable generators to supply much-needed electric power.
Despite the advantages offered by portable generators, stringent emission regulations levied by the government can be a potential challenge for the market. Portable generators are subjected to federal, state, and local regulations regarding their emission performance. Portable generators manufactured by different manufacturers must meet the emission standards imposed by regulatory bodies. Environmental agencies such as The Environmental Protection Agency (EPA) regulate the amount of carbon emitted into the atmosphere by portable generators.
Canada Portable Generator MarketSegmentation
The Portable Generator market is segmented on the basis of fuel type, power rating, end-user, and geography.
Canada Portable Generator Market by End-Use
To Understand Market Growth By Applications,
On the basis of end-user, the market is bifurcated into Residential, Commercial, and Industrial. The market for residential accounted for the largest market share and is expected to grow at the highest CAGR followed by commercials over the forecast period. In residential sectors, portable generators are used to back up power to various household appliances ranging from , , to laptops, AC, TV, , and many others. These types of generators are powered by different fuels such as diesel, natural gas, gasoline, and others. Portable generators are available in varying power configurations.
Canada Portable Generator Market By Competitive Landscape
The Canada Portable Generator Market study report offers valuable insight into some of the major player’s in the market such as Atlas Copco, Briggs & Stratton, Caterpillar, Champion, Eaton, Honda, Kohler, Kubota, Siemens and Yamaha Motor Co Ltd. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned Market Players.
Key Development in Canada Portable Generator Market
Company Name | Key Development | Description |
---|---|---|
Briggs & Stratton | Product Launch |
|
Honda | New Product Launch |
|
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
In case of any please connect with our sales team, who will ensure that your requirements are met.