Asia Pacific Portable Generator Market Report and Forecast 2024-2032

Asia Pacific Portable Generator Market Size

The Asia Pacific portable generator market reached approximately USD 1.32 billion in 2023. The market is projected to grow at a CAGR of 5.80% between 2024 and 2032. It is estimated to reach a value of around USD 2.19 billion by 2032.

Asia Pacific Portable Generator Market Outlook

• On April 25, 2024, Panasonic announced that their 10 kW Pure Hydrogen Fuel Cell Generator will be launched in China in October 2024.

• In August 2023, HurRain, a Chinese technology-based enterprise, launched their portable and energy-efficient ‘NanoTech generators’ that can generate water from air. These portable generators are aimed at helping tackle water scarcity.

• As per industry reports from March 2023, mechanical engineer Sangmin Lee of Chung-ang University in the Republic of Korea with his colleagues built a lightweight, compact, water-based generator that can produce electrical power when shaken.

Asia Pacific Portable Generator Market Growth

A key driver of the market is the natural disasters and calamities that occur in the area, which lead to an increase in the demand for power backups. According to the 2020 Ecological Threat Register (ETR), Asia Pacific maintains a notable threat profile with ‘floods’ that pose the greatest risk to 13 out of the region’s 19 countries. These disasters lead to an increased number of power outages, which increases the portable generator demand in the region.

A growing construction industry also positively influences the market since it leads to an increase in the requirement for uninterrupted power supply in the sector. As of 2024, the Asian Pacific region is just behind the Americas when it comes to construction pipelines, showing an increase of 5.6% in the numbers relating to room constructions.

The use of renewable energy sources, such wind and solar energy, opens up new Asia Pacific portable generator market opportunities. Besides, portable generators can also be used to provide a steady supply of electricity during instances of high demand and to provide backup power.

The market is being driven further by technological advancements such automated transfer switch features, smart control, and remote monitoring. By providing real-time data collection, analysis, and control of the generator's operation, it improves the portability, performance, efficiency, and convenience of portable generators as well as the safety and security of users and equipment.

Key Trends and Recent Developments

January 2022

Japanese startup Scitem commercially launched its portable emergency power generator fuelled by replaceable hydrogen cartridges. The generator is extremely compact, lightweight, and can be used to charge smart devices through USB cables. The prototype with 30-watt output had already been developed earlier in the year. The demand for lightweight generators like these is on the rise and is being reflected in the high portable generator demand growth in region.

February 2022

Researchers at Chung-ang University, in South Korea with their colleagues in the United States, developed a lightweight, compact, water-based generator that can produce electrical power when shaken. This small, portable generator device works on the principle of mechanical to electrical energy conversion and can power up to 100 LEDs. The increasing demand for lightweight generators is, thus, shaping the Asia Pacific portable generator market dynamics and trends.

December 2023

Denyo launched its hydrogen-powered fuel cell portable generator in Singapore to help achieve its carbon emissions reduction targets by 2050. The generator is ideal for outdoor use, residential use, and use at construction sites. The technology being used in the generator is driven from the first-generation MIRAI fuel cell vehicle (FCV) developed by Toyota Motor Corporation.

September 2023

Jackery announced its entry into the Malaysian market, the first country in Souteast Asia with its operational footprint. The goal is to introduce clean, and sustainable energy into the market with the help of its solar powered generators equipped to power all grade of equipment in residential, industrial, or commercial use.

China will Dominate the Asia-Pacific Portable Generator Market

China is expected to dominate the market owing to its huge construction industry which is a major contributor to its national economy. The total value output of the industry exceeded USD 4.34 trillion in 2022 and is further expected to grow propelling the future growth of portable generator market in the Asia-Pacific region.

Use of Sustainable Portable Generators at Construction Sites

The growing construction sector in the Asia-Pacific is demanding a more sustainable energy solutions amidst concerns over reducing carbon emissions. To achieve this, regional companies such as Hitachi Energy have introduced their highly sustainable HyFlex TM Hydrogen Power Generator, which produces power with zero carbon emissions. Besides, since the generator works on electrochemical reaction between hydrogen and oxygen, the only byproducts are heat and water, both of which can be used on-site.

Increasing Demand from Residential Sectors

Portable generators have a huge demand in the region’s residential sector, as an efficient alternative or power backup solution. Global leaders such as Ecoflow, which have huge presence in China and Japan, are tapping into this demand with their new launches such as the Deltra Pro Ultra brand. Deltra Pro Ultra is world’s most powerful smart hybrid whole house battery generator and backup system that works with multiple energy solutions. Although they’re not lightweight; they can still be portable for RVs and outdoor activities. A single unit has enough capacity to power a home for an entire month.

Growing Preference for NextGen Smart Portable Generators

The Asia-Pacific region has become the world’s face for new technological advancements in all industries, including portable generator manufacturing. In this context, smart portable generators are promising new market opportunities and increasing the Asia Pacific portable generator market revenue. These generators can be monitored and controlled through smartphone applications, connected to units through WIFI, and can work without internet. One can even get reminders for maintenance, if needed.

Asia Pacific Portable Generator Industry Segmentation

“Asia Pacific Portable Generator Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments.

Market Breakup by Fuel Type

• Gas

• Diesel

• Others

Market Breakup by Power Rating

• Below 5 kW 

• 5-10 kW 

• Above 10 kW 

Market Breakup by Application

• Residential

• Commercial

• Industrial

• Infrastructure

Market Breakup by Region

• China

• Japan

• India

• ASEAN

• Australia

• Others

Asia Pacific Portable Generator Market Share

It is anticipated that the residential segment of the portable generators market will grow and dominate, mostly due to the widespread installation of gensets in homes to guarantee the availability of an emergency power source in the case of a blackout or grid breakdown. With rising living standards and an increasing need for lighting and energy-consuming appliances and equipment, China, India, and Southeast Asia are predicted to account for more than 70% of the rise in global electricity consumption over the next three years.

Leading Companies in the Asia Pacific Portable Generator Market

The market players are increasingly adopting clean fuel alternatives to stand out in the market.

• Atlas Copco

• Caterpillar Inc.

• Siemens AG

• Cummins Inc.

• Honeywell International Inc.

• Yanmar Holdings Co. Ltd. (Himoinsa S.L.)

• Honda Motor Co. Ltd

• Kohler Co.

• Kirloskar Oil Engines Limited

• Yamaha Corp.

• Wacker Neuson SE

• Mahindra And Mahindra Ltd.

• Others

Key Highlights of the Report

Asia Pacific Portable Generator Market Report Snapshots

Asia Pacific Portable Generator Market Size

Asia Pacific Portable Generator Market Growth

Asia Pacific Portable Generator Market Share

Asia Pacific Portable Generator Companies