Home > Energy & Power > Electrical Equipment > Generator Sets > North America Portable Generators Market

North America Portable Generators Market Trends

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

Download Free Sample

North America Portable Generators Market Trends

The increasing severity and frequency of weather-related blackouts, along with the rising reliance on backup solutions to maintain daily operations will drive the deployment of these units. The growing dependency on power equipment to support everyday activities across various consumer segments will further encourage the technological adoption. Additionally, these products offer significant advantages comprising of lower cost, versatile usage, and high reliability, thereby enhancing the industry potential.

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.