MRO Magazine

Technavio Says Increased Demand for Gas Generators Will Propel the Portable Generator Market in the Americas Through 2019

September 17, 2015 | By Business Wire News

LONDON

Technavio has published a new report on the portable generator market in the Americas,which is expected to grow at a CAGR of almost 7% from 2015-2019.

About the Report

In accordance with the new report by Technavio, new natural gas generators offer advantages such as less maintenance costs, noise-free operation, safety, and less cold starting problems than diesel and gasoline generators.

“The shale gas boom in the US has resulted in easy availability of gas, due to increased production and drop in oil prices. This will exhibit strong growth rates over the forecast period, contributing significantly to the overall generator market,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the emergence of next-generation generators, enabling market vendors to focus on developing advanced generators with enhanced features and functionalities to remain competitive in the market.

“The development of next-generation generators will also help vendors comply with eco-friendly standards, since they have built-in electronic governors and automatic voltage regulators,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the portable generator market in the Americas from 2015-2019. Calculations are based on portable generator spending by end-user segments. A percentage share in terms of spending is presented in the report.

Key Information Covered in the Report:

  • Key Vendors:
    • Briggs & Stratton
    • Champion Power Equipment
    • Cummins Power Systems
    • Eaton
    • Generac Power Systems
    • Kohler
  • Market Growth Drivers:
    • Increased demand for gas generators
    • For a full detailed list, view our report.
  • Market Challenges:
    • Competition from stationary generators
    • For a full detailed list, view our report.
  • Market Trends:
    • Emergence of next-generation generators
    • For a full detailed list, view our report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the generator market:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1-630-333-9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

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