The Portable Generator Market is expected to grow from USD 2.30 Billion in 2022 to USD 3.42 Billion by 2030, at a CAGR of 6.10% during the forecast period.
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Portable Generator is an electrical device that provides temporary power on the go. The market research report includes its market segment based on types such as Diesel Type, Gasoline Type, Gas Type, and Other Types; application including Residential, Commercial, Industrial; and region-wise coverage of North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The market players covered in the report are Honda Power, Generac, Briggs & Stratton, Yamaha, United Power Technology, Champion, Wacker Neuson, Hyundai Power, KOHLER, TTI, Sawafuji, Honeywell, Eaton, HGI, Pramac, Mi-T-M, and Scott's. The report also considers different regulatory and legal factors specific to market conditions. Despite the increased adoption of portable generators, regulatory and legal factors such as stringent emission regulations, increasing noise pollution concerns, and safety measures are likely to restrain market growth. The report's findings also show that the Diesel Type generator market segment is projected to experience significant growth due to its high power output and fuel efficiency, while the Industrial application segment is estimated to dominate the market share due to its usage in various industrial operations.
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