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North America Portable Generators Market Analysis

  • Report ID: GMI5175
  • Published Date: Jul 2024
  • Report Format: PDF

North America Portable Generators Market Analysis

The gasoline fuel segment will exceed USD 4.5 billion by 2032. The increasing consumer preference for units with a minimal surface footprint and easy portability will sustain the dominance of small power-rated gensets particularly in the lower power range. These systems' ability to effectively meet consumer power needs especially in residential settings will support the product adoption. The additional features including lightweight design, operational suitability and compactness further drive the deployment of these units.
 

North America Portable Generators Market Revenue Share, By Phase, 2023

The three phase portable generators market size will witness over 4% CAGR through 2032. The gensets used at construction sites provide reliable power to various tools, including air circulation fans, small compressors, battery chargers, circular saws, electric concrete vibrators, and concrete drills, thereby enhancing the business potential. For instance, the construction industry is a major contributor to the U.S. economy. Strong construction activities, driven by increased infrastructure spending, will fuel the demand for these gensets.
 

U.S. Portable Generators Market Size, 2022 - 2032 (USD Billion)

The U.S. portable generators market is set to surpass USD 5 billion by 2032. The aging and increasing vulnerability of grid infrastructure coupled with frequent weather-related disasters will continue to drive the business expansion. Rising urbanization, increasing wages, improving living standards, and growing energy consumption owing to increased automation are positively impacting product demand. Additionally, stringent government directives to adopt cleaner power generation systems will further energize the business dynamics.
 

The ongoing industrial revolution and the booming commercial sector will drive the Canada portable generators industry. Continuous technological advancements focusing on engine modifications and noise reduction will positively influence the industry outlook. The widespread use in residential installations owing to low maintenance and suitability for small power range applications will significantly accelerate the adoption of these units.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size for portable generators in North America reached USD 4.2 billion in 2023 and is set to register 4.1% CAGR between 2024 and 2032, owing to rising intensity and frequency of weather-related disasters.

The personal three phase segment will record 4% CAGR through 2032, due to the growing construction activities and increasing infrastructure spending.

U.S. market size is projected to reach USD 5 billion by 2032, owing to aging and increasing vulnerability of grid infrastructure and rising urbanization.

A-iPower, Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Deere & Company, DuroMax Power Equipment, Energizer, and FIRMAN Power Equipment, among others.

North America Portable Generators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 21
  • Tables & Figures: 8
  • Countries covered: 2
  • Pages: 100
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