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North America Gasoline Gensets Market Size

Report ID: GMI3027
Published Date: Nov 2024
Report Format: PDF

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North America Gasoline Gensets Market Size

North America Gasoline Gensets Market was valued at USD 4 billion in 2024 and is estimated to grow at a CAGR of 4.2% from 2025 to 2034. driven by the rising demand for inverter generators, as consumers increasingly prioritize fuel efficiency and eco-friendly options. The region frequent severe weather events and natural disasters strongly influence the demand for these gensets.

North America Gasoline Gensets Market

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A gasoline genset converts chemical energy from fuel into electrical power using an engine. It serves as a portable power source for households, construction sites, and outdoor recreational activities. It consists of an internal combustion engine powered by gasoline, which drives an alternator to produce electricity. These systems are used for backup power offering convenience and mobility due to their relatively small size and ease of use. These generators are typically favored for their quick start-up capabilities and lower upfront costs compared to its available counterparts.

North America Gasoline Gensets Market Report Attributes
Report Attribute	Details
Base Year:	2024
North America Gasoline Gensets Market Size in 2024:	USD 4 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	4.2%
2025 – 2034 Value Projection:	USD 5.9 Billion
Historical Data for:	2021 – 2024
No. of Pages:	80
Tables, Charts & Figures:	8
Segments covered:	Power Rating, Phase, End Use and Country
Growth Drivers:	Rising consumer participation in recreational activities Increasing intensity & frequency of weather-related disasters Surging need to revamp the existing infrastructure
Pitfalls & Challenges:	Shifting trends toward renewable power generation

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Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The North America gasoline gensets market was reached USD 4 billion in 2024 and is estimated to grow at a 4.2% CAGR from 2025 to 2034, driven by the rising demand for inverter generators.

The three-phase gasoline gensets market will exceed USD 2 billion by 2034 due to significant investments in the mining, oil & gas, and construction sectors, which require high-quality, reliable power supply.

The 6 kW - 8 kW rating gasoline gensets market size will witness a CAGR of more than 3.5% up to 2034, as these units are essential for supplying electricity to job sites without power access.

The U.S. gasoline gensets market is set to reach over USD 5 billion by 2034, propelled by stricter environmental regulations and government mandates for cleaner energy sources.