The global portable generator market to grow at a CAGR of 7.91% during the period 2017-2021.
The report, Global Portable Generator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is stringent emission regulations for diesel engines. The US EPA is implementing cleaner standards and regulations primarily for diesel fuel-powered engines. These norms form the basis for EPA's diesel control program. These rules emphasize the use of fuels like low sulfur and ultra-low sulfur diesel fuel to improve engine efficiency. The EPA executed emission control regulations in a series of steps called the Tier levels.
According to the report, one driver in market is growing construction industry in APAC. The construction industry is a major end-user of generators. For operating necessary construction equipment and tools, the industry needs access to electric power, which is not easily accessible in many places where construction takes place. Hence, the industry heavily relies on backup power generators for an electric power source for operation of tools and equipment. With stringent restrictions imposed on diesel powered generators in terms of emissions and noise pollution, the construction industry is now slowly adopting the use of gas generators as they operate with minimal noise and negligible emissions when compared with diesel generators.