(MENAFN- Ameliorate Solutions) Posted on September 27, 2021 by Market Insights Reports Portable Generator in Construction Market 2021 Industry Development Growth, Share, Outlook, Size, Trends, Manufacturers Analysis and 2025 Regional Forecast, Says Market Growth Reports
Portable Generator in Construction Market by Component, Application, Services, and Region- Forecast to 2025
The Portable Generator in Construction market is projected to reach USD 1,285 million by 2025 from USD 799 million in 2020, at a CAGR of 11.1%.
The Global Portable Generator in Construction Market Research Report 2021-2025 is a significant source of keen information for business specialist. A report published by Market Insights Reports is an overall investigation and thorough information in regards to the market size and market elements of the Portable Generator in Construction. It furnishes the business outline with development, historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the worth chain and its wholesaler examination. The Portable Generator in Construction market study gives extensive information which upgrades the agreement, degree, and use of this report. This is a latest report, covering the COVID-19 impact on the market.
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Market Overview On Portable Generator in Construction
Recent Developments
- In January 2021, Cummins launched QG 2800i and 2500i that are 60% quieter RV inverter generators for the recreational vehicle market. They run on gasoline and liquid propane (LP). The Onan QG 2800i and 2500i are 2.8-kW and 2.5-kW inverter–based generator sets made primarily for Class B and truck campers.
- In September 2019, Honda Launched Honda My Generator Bluetooth App that will allow users to start (electric start models only), stop, and monitor critical operations of Honda portable generators through a Bluetooth interface on a smartphone.
- In May 2019, Generac acquired Pika, a manufacturer of home energy storage systems. The acquisition was undertaken to combine the capabilities of Pika with mobile industrial and commercial generators. The company offers backup power products in various regions, such as Puerto Rico, where recent disasters had disrupted power supply.
- In February 2018, Generac introduced XC series portable generators, with a power rating of 6.5–8 kW. The XC series portable generators are designed for commercial and rental applications.
- In September 2017, Himoinsa expanded its business in North America by setting up its new facility in the US. The facility helps in designing and engineering its upcoming Tier 4-compliant portable generators.
Opportunities: Increasing adoption of dual fuel and inverter portable generators
Many OEMs are offering hybrid generators that are essentially internal combustion engines combined with a battery. These hybrid gensets provide power directly to the engine when the load is high, and the battery provides power when the load is less. They reduce the running time of generators, fuel consumption, and noise while offering several advantages over conventional gensets. They are also expected to make inroads into mobile gensets, which are mainly used in residential applications and construction sites.
Dual fuel generators offer advantages of both gas and diesel generators, thus improving the reliability of standby power systems. Dual fuel portable generators mostly run on gas; however, in emergencies, they can run completely on diesel. Several generator manufacturers are adopting dual fuel technology to address diesel engine emission standards and increased operational costs. Conventional diesel generator sets are, therefore, being replaced by dual fuel generators.
Inverter generators utilize advanced electronic circuits and high-tech magnets. Inverter generators deliver clean AC power as compared with traditional generators and are mainly used to run current-sensitive appliances. Inverter generators are making in-roads into the small residential generator segment.
Top Companies in the Global Portable Generator in Construction Market are – Briggs & Stratton, Cummins, Generac Holdings, Honda Motor, Kohler, Caterpillar, Eaton, GE, Honeywell International, Perkins, Pramac,
Portable Generator in Construction Market Segmentation:
This report fragments the Global Portable Generator in Construction Market based on Types are-
below 3 KW
3 to 10 KW
10 to 15 KW
Based on Application, the Global Portable Generator in Construction Market are divided into-
Building
Bridge
Municipal
Other
Prime Takeaways on Portable Generator in Construction Market Report:
Value chain analysis, which is combined with competitive landscape of key players of the Portable Generator in Construction market. Market size and forecast of the Portable Generator in Construction market for the period from 2021 to 2025. Global presence of the market, market dynamics and evaluation by upstream and downstream of raw materials. CAGR% for individual segments in various regional markets for a period from 2021 to 2025. Explore Full Report With Detailed TOC Here:
Geographic Coverage of Portable Generator in Construction Market Report-
The Portable Generator in Construction report contains detailed country-level analysis, market revenue, market value and forecast analysis of Portable Generator in Construction Market (2016-2025) of these regions are covered:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
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