This paper deals with characteristic analysis of double sided permanent magnet linear generator using analytical method. We derived magnetic field solutions produced by permanent magnet and armature reaction based on the 2D polar coordinate and magnetic vector potential. based on the derived magnetic field solutions, Induced voltage is obtained when arbitrary sinusoidal input condition. In addition, electrical parameters such as back-EMF constant, resistance, and inductance are obtained. Finally, generating performance characteristic at the rated load and various load is examined by using equivalent circuit.