Global Portable Generator Market; Stocks to Watch: CMI, HMC, PWDY
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New York, NY - October 9, 2013 (Investorideas.com renewable energy stocks newswire) Investorideas.com, an investor research portal specializing in sector research for independent investors, issues a sector snapshot for the Global Portable Generator Market and related stocks to watch including Cummins Inc, Honda Motor Co. Inc. and Powerdyne International Inc.
According to a recent report entitled, Global Portable Generator Market 2012-2016, “analysts forecast the Global Portable Generator market to grow at a CAGR of 7.00 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption from the residential users. The Global Portable Generator market has also been witnessing the emergence of next-generation generators. However, the requirement to comply with stringent emission regulations could pose a challenge to the growth of this market.”
According to the report the vendors dominating this market space are Baldor Electric Company Inc., Briggs & Stratton Corp., Cummins Inc., Eaton Corp., Generac Power Systems Inc., Honda Motor Co. Inc., and Kohler Co.
Cummins Inc (CMI) closed October 8 th at $129.47 and has a 52- week range of 85.88 - 136.50. Cummins Onan makes generators for a wide variety of applications including RV generators for motorhomes and trailers, Marine generators for boats and yachts, Commercial mobile generators for fire & rescue, utility and specialty vehicles, Residential generators for home standby power, and Portable generators the home, campground and work site.
Honda Motor Co (HMC), closed trading October 8th at $37.96 and has a 52 week range of 29.26 - 42.13. According to Honda's website, their first generator was the E300 portable generator with an output of 300 VA that Honda pioneered in 1965. This model became a best seller, with cumulative production amounting to 500 thousand units. At the time, portable generators were rare, and there were various technological obstacles to be overcome in developing a portable generator that was "small, lightweight, quiet and easy to use." The philosophy embodied in the fundamental concept for the E300 of "Creating something that did not exist before" has been inherited by the current series of generators.
Emerging player in the space, Powerdyne International Inc. (OTCBB::PWDY) builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
The PDIGenset is a self-contained generator using a modified radial air cooled aircraft engine to drive a 1-megawatt (MW) generator. The PDIGenset runs on natural gas, propane or almost any gaseous fuel. It is compact, lightweight, clean burning, produces low emissions and is extremely energy-efficient.
The PDIGenset is designed to be installed in virtually any location. The company's target customer will use the PDIGenset to produce its own primary electrical power; however, the genset is useful in any situation where reliable power is needed.
Article source - http://www.sbwire.com/press-releases/global-portable-generator-market-2012-2016-347765.htm
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