October 12, 2020
According to the recent research report titled ‘Europe Portable Generators Market Size By Power Rating, End-Use, Phase, Fuel, Industry Analysis Report, Country Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report, Europe portable generators market is expected to record substantial growth during 2019-2025.
Increasing severity and frequency of natural disasters followed by high prevalence of power cuts are key factors driving the growth of Europe portable generators market. The industry statistics are expected to be stimulated owing to increasing awareness pertaining to emergency preparedness along with the growing importance of energy backup solutions.
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In terms of power rating, the 8-15 kVA segment of Europe portable generators market is likely to expand considerably during the forecast period, owing to increasing public infrastructure and high construction activities. The key focus of the deployment of portable generators in the construction industry is to provide continuous power supply for uninterrupted operations of electrical equipment and workplace equipment. Further, the ability to provide electricity at remote and off-grid locations as well as to sustain the electricity network would drive the penetration of the product across Europe.
Elaborating on end-use scope, Europe portable generators market from commercial segment is projected to register continuous growth over the study period, due to robust infrastructural development of commercial establishments such as malls, hotels, and hospitals, and others. The product adoption is complemented by rising per capita income, high living standards and high end user engagement in outdoor leisure activities including backyard parties, camping trips, and RV installations.
Based on phase type, the three-phase segment of Europe portable generators industry is anticipated to register a decent growth over the estimated timeframe, primarily due to ability of the product to operate with low wire requirements. They also support heavy machinery operations and are well suited for both industrial and commercial applications. Moreover, inclination towards deploying energy efficient systems along with availability of systems that deliver simple and versatile transportability are fueling the segmental share.
Speaking of fuel type, Europe portable generators industry from the gasoline segment is poised to register notable gains over the forecast timespan, on account of introduction of strict emission control and environmental regulations. High demand for fossil fuel independence along with easy gasoline supply is fostering the demand of gasoline-based portable generators across Europe. Changing preference towards the adoption of portable generators which display modest machinery and aesthetic designs are favoring the market outlook.
From regional perspective, France portable generators industry is expected to grow substantially over the assessment period. Rapid expansion of tourism sector has impelled the demand for electricity across the country. Moreover, increased deployment of portable gensets across supermarkets, hotels, and aimed at offsetting growing power consumption are facilitating the business scenario in France.
Major players in Europe portable generators market are Honeywell International Inc., Atlas Copco Group, Siemens AG, Honda Motor Co. Ltd., Yamaha Motor Co. Ltd., Cummins, and Kohler Power Group.