A portable generator, also known as an engine generator, is an engine powered generator manufactured for multiple uses. Portable generators consist of a prime mover, which is an engine and an electrical generator. These are put together to form a power generation unit.
The portable generator unit consists of various components that are assembled together to form a single unit. Primary components include the fuel tank, alternator, starter, and internal combustion engine. The portable generator is not permanently installed and can be moved from one place to another. This is the difference between standby generator and portable generator. In addition, it is started manually. Portable generators are primarily used to provide electrical power where electricity is unavailable or required for temporary purpose. Frequent power cuts and increase in demand for uninterrupted power are driving the demand for portable generators.
Key Drivers and Restraints of the Portable Generator Market
Growth in demand for uninterruptible power supply in residential and commercial installations is likely to drive the global portable generator market during the forecast period. Portable generators are less expensive than stationary generators. This makes it better for adoption in residential and commercial establishments.
Technological innovations in the design of portable generators to optimize efficiencies are projected to drive the global portable generator market between 2021 and 2031.
Governments of various countries have imposed restrictions on the movement of individuals and economic activities to limit the spread of the COVID-19 pandemic. As a result, many industries had to temporarily shut down their operations. The disruption in operations of the industrial sector has adversely affected the demand for electricity, as it is a major consumer of electricity. This is expected to reduce the demand for portable generators.
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