Research and Markets: European Portable Generator Market Report 2015-2019 – Growing Gas Generators Market in Europe a Key Market Trend
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/q55p8s/portable) has announced the addition of the “Portable Generator Market in Europe 2015-2019” report to their offering.
The portable generator market in Europe to grow at a CAGR of 5.7% over the period 2014-2019.
The report includes the present scenario and the growth prospects of the portable generator market in Europe for the period 2015-2019. Based on product range, the market can be segmented into three divisions: <3 KW, 3 to 10 KW, and 10 to 15 KW portable generators. In addition, the report includes the segmentation of the global portable generator market in the construction industry by fuel-type.
The emission regulations have decreased the use of old diesel-based generators in some parts of Europe. Although regulated regions are likely to provide opportunities to diesel generator vendors in the near term, there exists a strong need to focus on products complying with the norms. Hence, the market for portable gas generators with a variety of environmentally suitable fuels is expected to grow considerably in the near future.
According to the report, portable generators offer more benefits compared to large stationary generators. These generators are quieter and more user friendly, and they require low initial investment and maintenance costs. End-users do not require technical knowledge to operate these generators. They simply need to follow the instructions for adding fuel and oil to operate the machine. Also, these generators are safe and are fitted with circuit breaker protection to prevent overloads. Most of the portable generator models are coming up with inverter technology used for generating clean energy. The energy generated by these devices is safe for operating electrical equipment used in construction projects.
Further, the report states that a large number of industries and start-ups in Europe are focusing on the development of alternative sources of energy, which is hindering the demand for the portable generator market.
- Briggs & Stratton
- Generac Holdings
- Honda Motor
Other prominent vendors
- Honeywell International
For more information visit http://www.researchandmarkets.com/research/q55p8s/portable.
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