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North America Portable Generators Market Size
- Report ID: GMI5175
- Published Date: Jul 2024
- Report Format: PDF
North America Portable Generators Market Size
North America Portable Generators Market size was valued at USD 4.2 billion in 2023 and is estimated to grow at a CAGR of 4.1% between 2024 and 2032. Stringent environmental regulations, combined with a growing consumer focus on cost reduction, the use of cleaner resources and improved energy efficiency will benefit the industry outlook. For instance, in Canada, the residential real estate transactions market segment experiences substantial growth of over 4% in 2023.
A portable generator is an electrical device that includes a generator, an engine, and additional components, capable of producing electrical power and being easily transported. These devices primarily serve as emergency backup power sources for homes and are also used for recreational and construction purposes. The increasing frequency of weather-related disasters causing unpredictable power outages will enhance the industry landscape.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Portable Generators Market Size in 2023: | USD 4.2 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.1% |
| 2032 Value Projection: | USD 5.9 Billion |
| Historical Data for: | 2021 to 2023 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 8 |
| Segments covered: | Product, Fuel & Power Rating, Phase, End Use & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America Portable Generators Market Scope
