The “Australia Gasoline Generator Market 2024-2030” report has been released by ResearchAndMarkets.com. It forecasts a 3.9% CAGR decline in the market size during 2024-2030.
Australia’s population, with 72% residing in major cities and 26% in regional areas, experiences impacts from tropical cyclones, particularly in northern and northwest Western Australia. The market saw heightened demand from 2020-23, driven by residential and commercial projects, although COVID-19 initially caused a market slowdown with a 7% GDP decline.
Post-pandemic, construction activities resumed, buoyed by projects like Playford Alive ($312 million), Fortville redevelopment ($250 million), and Emerald City Mixed-Use Development ($103 million). Natural disasters further bolstered demand for disaster management equipment, including gasoline generators.
Government initiatives like the 2021 Infrastructure Plan and Housing Strategy 2017-2027 allocate substantial funds, particularly in Queensland, supporting market growth.
Market Segmentation:
Types:
- Portable generators dominated in 2023 due to versatility in travel, outdoor events, and emergencies.
Power Output:
- Generators below 5kW held the largest share, catering primarily to residential backup needs.
End-Users:
- Residential sector led demand, driven by frequent power outages in disaster-prone regions.
Region:
- Queensland leads the market, supported by mining sector growth and economic projections.
Key Highlights:
- Market Overview, Outlook, and Forecast
- Revenue and Volume Analysis by Type, Power Output, End-Users, and Region (2020-2030)
- Market Drivers, Trends, and Restraints
- Competitive Landscape and Company Profiles
Companies Profiled:
- Engel Distribution Pty Ltd.
- Stanley Black & Decker, Inc.
- Briggs & Stratton Australia Pty Ltd.
- Pramac Generac Pty Ltd.
- The Crommelin Group
- Dunlite Power Equipment
- Makinex
- Mosa Australasia
- ITM Industrial Tool and Machinery
- Yamaha Generators
- Able Sales
- Gentech
For more detailed insights, visit ResearchAndMarkets.com’s offering on this market report.