Australia Gasoline Generator Market 2024: Demand Surge and Future Outlook

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.

Source Link

Newsletter Updates

Enter your email address below and subscribe to our newsletter