Abstract
Summary
REPORT HIGHLIGHT
The global Gasoline Generator market was valued at USD 1,900.8 million by 2019, growing with 4.4% CAGR during the forecast period, 2023-2030.
Gasoline is widely available, making it simple to operate a portable generator on a daily basis. In the portable generator industry, gasoline generators are plentiful and dominate the options. This is most likely due to the numerous tiny engine types that have been created over time, as well as the ample supply of fuel.2 to 5 gallons in portable cans, weighing 6 lbs. each gallon, make it simple to operate and maintain your generator. In the workplace, a service vehicle with a big tank for repairing many pieces of equipment is popular, making gasoline readily available. It may be readily kept for a few months, and costs might vary substantially depending on demand by season and use levels. To keep it fresh, long-term storage necessitates the use of a fuel stabilizer as an added cost or following an inventory turnover plan. Because gasoline is more volatile than other fuels, it is less safe. Leaks from your containers can pose a threat and discolor everything they come into touch with. It is not the most environmentally friendly fuel, as it emits more pollutants than other fuels. Gasoline can become a scarce commodity in the event of hurricanes or other natural catastrophes. If the electricity goes out, service stations may not be able to pump gas unless they have backup generators.
Frequent power cuts and grid infrastructure failures, along with an increase in the adoption of energy-efficient systems, are expected to drive the inverter portable generators sector forwards. The product's popularity will be bolstered by a growing reliance on backup energy choices to meet fundamental day-to-day activities. The relevance of traditional systems is largely attributed to their cheaper cost and multi-use capacity; however, continuous technological developments, such as the introduction of inverter gensets and hybrid fuel solutions, are expected to boost market dynamics. Consumer demand for generators might be linked to reactions to events such as power outages caused by weather-related disasters, grid failures, and rolling blackouts, as well as the dread of outages generated by security concerns. Generator consumption has also been attributed to increased reliance on electricity for home office operations. Because many sales of generators are prompted by weather-related occurrences, the summer and fall tropical cyclone seasons see the largest unit sales.
The power output segment includes less than 3kW, 3-10kW, and more than 10kW power generators. Increase in adoption of multipurpose power generation systems is anticipated to fuel the portable generators market growth. The less than 3kW portable generators segment is projected to grow at the highest CAGR, owing to increase in awareness of in-house power backup and rise in need for portable powering systems in outdoor recreational activity. The generators that deliver more than 10kW power are extensively used in industrial sector due to need for higher power supply to run machines and industrial tools, which in turn is expected to drive the gasoline generators market.
Competitive Landscape:
Leading players in the market are adopting several strategies such as expansion, new product launching, mergers and acquisition in order to remain competitive in the market. For instance, in June 2023 Cummins Inc. has announced that the latest B6.7 Performance Series engine not only meets EU Stage V emission standards, delivering near-zero NOx and PM emissions, but also has stop-start capability, which can help operators reduce operating costs and environmental impact by reducing noise and CO2 emissions.
Regional Analysis:
In the last decade, trade between Asia-Pacific and North America has gradually risen. The worldwide market is projected to develop rapidly in the near future, owing to rising natural gas supply at reasonable prices and new technology advancements that reduce generator combustion.
Emerging economies like China and India, who are heavily investing in the energy and electricity sectors, are credited with the increase. Despite the government's investments in grid infrastructure, millions of people in this region still lack access to power, which might drive the portable genset's development. North America and Europe, on the other hand, are experiencing constant increase, primarily as a result of increasing natural disasters. Due to inadequate grid infrastructure in African nations, home generators are in high demand throughout the Middle East and Africa.
Portable generators are frequently utilized in several Gulf nations to offer backup or continuous power supply during public events or natural disasters. In emerging nations, ageing power infrastructure and unreliable grid power supply have resulted in increased power deficits, which is projected to increase demand for generator sales.
Key features of the study:
• This proposed research study on Gasoline Generator market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
• The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Gasoline Generator market
• The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Gasoline Generator market
• Impact of COVID-19 on Gasoline Generator market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Gasoline Generator market post-COVID will also be covered.
• In order to give the users of this report a comprehensive view on the Gasoline Generator market, we have also included competitive landscape and key innovator analysis for the Gasoline Generator market.
• The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and end-user’s attractiveness.
• The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Gasoline Generator market.
• In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new product launch, research & development, regional expansion of major participants involved in the Gasoline Generator market on global as well as regional level.
• The global Gasoline Generator market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL GASOLINE GENERATOR MARKET KEY PLAYERS
• Continental AG
• Pioneer Corporation
• Generac Power Systems, Inc.
• Cummins Inc.
• Perkins Engines Company Limited
• Pulsar Products, Inc.
• Kirloskar Oil Engines Ltd.
• Westinghouse Electric Corporation
• Briggs & Stratton Corporation
• Honda Motor Co., Ltd.
• Caterpillar, Inc.
• Eaton Corporation plc
• Kohler Co.
• Yamaha Motor Corporation
• Champion Power Equipment, Inc.
• Smarter Tools, Inc.
GLOBAL GASOLINE GENERATOR MARKET, BY CAPACITY
o Less than 3kW
o 3-10kW
o More than 10kW
GLOBAL GASOLINE GENERATOR MARKET, BY APPLICATION
o Domestic
o Commercial
o Industrial
o Agricultural
o Marine
GLOBAL GASOLINE GENERATOR MARKET, BY REGION
North America
o The U.S.
o Canada
Europe
o Germany
o France
o Italy
o Spain
o United Kingdom
o Rest of Europe
Asia Pacific
o India
o China
o South Korea
o Japan
o Singapore
o Rest of APAC
Latin America
o Brazil
o Mexico
o Argentina
o Rest of LATAM
The Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Rest of MEA
Table of Contents
1 Gasoline Generator Market Overview
1.1 Study Scope
2 Executive Summary
2.1 Market Snippet
2.1.1 Market Snippet by Capacity
2.1.2 Market Snippet by Application
2.1.3 Market Snippet by Region
2.2 Competitive Insights
3 Gasoline Generator Key Market Trends
3.1 Market Drivers
3.1.1 Impact Analysis of Market Drivers
3.2 Market Restraints
3.2.1 Impact Analysis of Market Restraints
3.3 Market Opportunities
3.4 Market Future Trends
4 Gasoline Generator Industry Study
4.1 Porter’s Five Forces Analysis
4.2 Marketing Strategy Analysis
4.3 Growth Prospect Mapping
4.4 Regulatory Framework Analysis
5 Gasoline Generator Market: COVID-19 Impact Analysis
5.1 Pre-COVID-19 Impact Analysis
5.2 Post-COVID-19 Impact Analysis
5.2.1 Top Performing Segments
5.2.2 Marginal Growth Segments
5.2.3 Top Looser Segments
5.2.4 Marginal Loss Segments
6 Gasoline Generator Market Landscape
6.1 Market Share Analysis, 2020
6.2 Key Innovators Analysis
6.3 Breakdown Data, by Key Manufacturer
6.3.1 Established Players’ Analysis
6.3.2 Emerging Players’ Analysis
7 Gasoline Generator Market - By Capacity
7.1 Overview
7.1.1 Segment Share Analysis, By Capacity, 2020 & 2030 (%)
7.2 Less than 3kW
7.3 3-10kW
7.4 More than 10kW
8 Gasoline Generator Market - By Application
8.1 Overview
8.1.1 Segment Share Analysis, By Application, 2020 & 2030 (%)
8.2 Domestic
8.3 Commercial
8.4 Industrial
8.5 Agricultural
8.6 Marine
8.7 Others
9 Gasoline Generator Market- By Geography
9.1 Introduction
9.1.1 Segment Share Analysis, By Geography, 2020 & 2030 (%)
9.2 North America
9.2.1 Overview
9.2.2 Key Manufacturers in North America
9.2.3 North America Market Size and Forecast, By Country, 2016 - 2030 (US$ Million)
9.2.4 North America Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
9.2.5 North America Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.2.6 U.S
- 9.2.6.1 Overview
- 9.2.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.2.6.3 U.S. Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.2.6.4 U.S. Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.2.7 Canada
- 9.2.7.1 Overview
- 9.2.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
9.3 Europe
9.3.1 Overview
9.3.2 Key Manufacturers in Europe
9.3.3 Europe Market Size and Forecast, By Country, 2016 - 2030 (US$ Million)
9.3.4 Europe Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
9.3.5 Europe Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.3.6 Germany
- 9.3.6.1 Overview
- 9.3.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.3.6.3 Germany Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.3.6.4 Germany Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.3.7 Italy
- 9.3.7.1 Overview
- 9.3.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.3.7.3 Italy Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.3.7.4 Italy Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.3.8 United Kingdom
- 9.3.8.1 Overview
- 9.3.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.3.8.3 United Kingdom Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.3.8.4 United Kingdom Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.3.9 France
- 9.3.9.1 Overview
- 9.3.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.3.9.3 France Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.3.9.4 France Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.3.10 Rest of Europe
- 9.3.10.1 Overview
- 9.3.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.3.10.3 Rest of the Europe Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.3.10.4 Rest of the Europe Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.4 Asia Pacific (APAC)
9.4.1 Overview
9.4.2 Key Manufacturers in Asia Pacific
9.4.3 Asia Pacific Market Size and Forecast, By Country, 2016 - 2030 (US$ Million)
9.4.4 Asia Pacific Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
9.4.5 Asia Pacific Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.4.6 India
- 9.4.6.1 Overview
- 9.4.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.4.6.3 India Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.4.6.4 India Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.4.7 China
- 9.4.7.1 Overview
- 9.4.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.4.7.3 China Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.4.7.4 China Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.4.8 Japan
- 9.4.8.1 Overview
- 9.4.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.4.8.3 Japan Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.4.8.4 Japan Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.4.9 South Korea
- 9.4.9.1 Overview
- 9.4.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.4.9.3 South Korea Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.4.9.4 South Korea Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.4.10 Rest of APAC
- 9.4.10.1 Overview
- 9.4.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.4.10.3 Rest of APAC Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.4.10.4 Rest of APAC Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.5 Latin America
9.5.1 Overview
9.5.2 Key Manufacturers in Latin America
9.5.3 Latin America Market Size and Forecast, By Country, 2016 - 2030 (US$ Million)
9.5.4 Latin America Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
9.5.5 Latin America Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.5.6 Brazil
- 9.5.6.1 Overview
- 9.5.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.5.6.3 Brazil Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.5.6.4 Brazil Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.5.7 Mexico
- 9.5.7.1 Overview
- 9.5.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.5.7.3 Mexico Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.5.7.4 Mexico Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.5.8 Argentina
- 9.5.8.1 Overview
- 9.5.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.5.8.3 Argentina Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.5.8.4 Argentina Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.5.9 Rest of LATAM
- 9.5.9.1 Overview
- 9.5.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.5.9.3 Rest of LATAM Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.5.9.4 Rest of LATAM Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.6 Middle East and Africa
9.6.1 Overview
9.6.2 Key Manufacturers in Middle East and Africa
9.6.3 Middle East and Africa Market Size and Forecast, By Country, 2016 - 2030 (US$ Million)
9.6.4 Middle East and Africa Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
9.6.5 Middle East and Africa Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.6.6 Saudi Arabia
- 9.6.6.1 Overview
- 9.6.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.6.6.3 Saudi Arabia Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.6.6.4 Saudi Arabia Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
9.6.7 United Arab Emirates
- 9.6.7.1 Overview
- 9.6.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2030, (US$ Million)
- 9.6.7.3 United Arab Emirates Market Size and Forecast, By Capacity, 2016 - 2030 (US$ Million)
- 9.6.7.4 United Arab Emirates Market Size and Forecast, By Application, 2016 - 2030 (US$ Million)
10 Key Vendor Analysis
10.1 Competitive Dashboard
10.2 Company Profiles
10.2.1 Continental AG
10.2.2 Pioneer Corporation
10.2.3 Generac Power Systems, Inc
10.2.4 Cummins Inc
10.2.5 Perkins Engines Company Limited
10.2.6 Pulsar Products, Inc
10.2.7 Kirloskar Oil Engines Ltd
10.2.8 Westinghouse Electric Corporation
10.2.9 Briggs & Stratton Corporation
10.2.10 Honda Motor Co., Ltd
10.2.11 Caterpillar, Inc
10.2.12 Eaton Corporation plc
10.2.13 Kohler Co
10.2.14 Yamaha Motor Corporation
10.2.15 Champion Power Equipment, Inc
10.2.16 Smarter Tools, Inc
11 360 Degree AnalystView
12 Appendix
12.1 Research Methodology
12.2 References
12.3 Abbreviations
12.4 Disclaimer
12.5 Contact Us