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Portable Conventional Generator Market Size – By Phase (Single Phase, Three Phase), By End Use (Residential, Commercial, Construction), By Fuel & Power Rating & Forecast, 2024 – 2032

  • Report ID: GMI9603
  • Published Date: May 2024
  • Report Format: PDF

Portable Conventional Generator Market Size

Portable Conventional Generator Market size was valued at USD 6.9 billion in 2023 and is estimated to grow at a CAGR of 3.8% between 2024 and 2032. Increasing frequency of weather-related disasters along with growing consumer interest toward recreational activities will positively sway the industry growth. For instance, in 2023, Europe faced extensive flooding and intense heatwaves.
 

Portable Conventional Generator Market

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A portable conventional generator is a compact, standalone power generation device that operates on conventional fuel sources comprising of gasoline, diesel and propane. These generators typically consist of an internal combustion engine coupled with an alternator to produce electricity. They are designed to be easily transportable and provide temporary or backup power in various situations including during power outages, outdoor events, construction sites, or recreational activities.
 

Portable Conventional Generator Market Trends

The surge in product adoption by businesses will be fueled by the weather-related disasters, the rise awareness and mitigation efforts against natural calamities will further boost the portable generator market. Additionally, heightened construction sector demand along with infrastructural growth and urbanization will positively the industry outlook. The introduction of mobile electric generators, aimed at reducing environmental impact is set to fuel the business potential.
 

Portable Conventional Generator Market Analysis

Portable Conventional Generator Market Size, By Phase, 2022 - 2032 (USD Billion)
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The single-phase segment to exceed USD 5 billion by 2032. Aging grid infrastructure along with increasing demand for uninterrupted power supply will escalate the industry potential. The versatility and mobility of these generators make them indispensable for on-site power needs. These gensets play a crucial role in emergency response and provide temporary power for emergency shelters, medical facilities, communication centers during emergencies.
 

Portable Conventional Generator Market Revenue Share, By End Use, 2023
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The construction portable conventional generator market size will witness a growth rate of over 3.5% through 2032. The unreliable grid infrastructure along with rapid population growth will lead to market growth. Furthermore, rapid industrialization & increasing infrastructure investments also lead to market growth for the application. These gensets offer a practical solution for reliable backup power, independent of grid availability. Additionally, the growing trend towards sustainable construction practices has led to increased interest in hybrid generators, accelerating the industry potential.
 

North America Portable Conventional Generator Market, 2022 - 2032 (USD Billion)
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The North America portable conventional generator market is set to surpass USD 3 billion by 2032. The shifting trend of remote work along with telecommuting will fuel the demand for backup power solutions in residential settings. Furthermore, these gensets play a crucial role in emergency response and disaster relief efforts. Moreover, the growing demand for portable power sources in outdoor recreational activities along with surging disposable income will fuel the industry expansion.
 

U.S. portable conventional generator industry growth will be driven by the increasing awareness of the need for emergency preparedness, households, businesses, and government agencies to ensure continuity of essential operations during emergencies. Increasing demand for backup power solutions particularly in regions prone to natural disasters coupled with heightened awareness regarding emergency preparedness will positively sway the business outlook.
 

Portable Conventional Generator Market Share

Portable Conventional Generator Market Share Analysis, 2023

Yanmar stands as a prominent leader in providing cutting-edge solutions across various industries, offering a diverse portfolio that encompasses agricultural machinery, construction equipment, marine engines, and energy systems. Renowned for its unwavering commitment to innovation, sustainability, and customer satisfaction, it continually pushes the boundaries of technological advancements to deliver superior products and services. With a rich legacy of innovation spanning decades, the company is dedicated to enhancing efficiency, promoting environmental stewardship, and fostering a healthier, more sustainable future for individuals and communities worldwide.
 

Portable Conventional Generator Market Companies

The key industry players include:

  • Allmand Bros.
  • Atlas Copco
  • Briggs & Stratton
  • Caterpillar
  • Champion Power Equipment
  • Cummins
  • Deere & Company
  • DuroMax Power Equipment
  • Firman Power Equipment
  • Generac Power Systems
  • HIMOINSA
  • Honda India Power Products
  • Kirloskar
  • Kohler
  • Mitsubishi Heavy Industries
  • Snapper
  • Wacker Neuson
  • Westinghouse Electric Corporation
  • Yamaha Motor
  • YANMAR
     

Portable Conventional Generator Industry News

  • In October 2022, Cummins Inc. unveiled its latest innovation, the Onan Power Stations, expanding its lineup of backup power solutions. Designed for both indoor and outdoor use, these portable generators offer clean, sustainable energy ideal for activities like camping, tailgating, and RVing. The Onan Power Stations feature lithium-ion batteries, providing silent, fume-free operation and can be recharged via various outlets, including wall current and automotive auxiliary ports.
     
  • In December 2021, YANMAR introduced upgraded and enhanced generators from its YDG Series, now meeting Stage V emissions standards and available for the first time in Europe. These industrial-grade portable diesel generators boast durable, high-quality components for unmatched reliability. The series, featuring engineering upgrades and powered by YANMAR's advanced air-cooled L-Series engine, includes models like the re-engineered YDG3700 and YDG5500, offering outputs ranging from 3.3 kVA to 5.8 kVA.
     

The portable conventional generator market research report includes in-depth coverage of the industry with estimates & forecast in terms of “000 Units” & “USD Million” from 2021 to 2032, for the following segments:

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Market, By Fuel & Power Rating

  • Diesel
    • < 20 kW
    • 20 - 50 kW
    • > 50 - 100 kW
  • Gasoline
    • < 2 kW
    • 2 kW - 5 kW
    • 6 kW - 8 kW
    • > 8 kW - 15 kW
  • Others

Market, By Phase

  • Single Phase
  • Three Phase

Market, By End Use

  • Residential
  • Commercial
  • Construction

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Russia
    • UK
    • Germany
    • France
    • Spain
    • Austria
    • Italy
  • Asia Pacific
    • Australia
    • Japan
    • China
    • India
    • Indonesia
    • Thailand
    • Philippines
    • Malaysia
    • Singapore
    • Vietnam
    • South Korea
  • Middle East
    • Saudi Arabia
    • UAE
    • Qatar
    • Turkey
    • Iran
    • Oman
  • Africa
    • Egypt
    • Nigeria
    • Algeria
    • South Africa
    • Mozambique
  • Latin America
    • Mexico
    • Chile
    • Argentina
    • Brazil

 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of portable conventional generator reached USD 6.9 billion in 2023 and will expand at a 3.8% CAGR between 2024 and 2032, owing to increasing demand for reliable power supply in remote and off-grid areas, and the rising need for backup power during natural disasters.
Construction portable conventional generator industry size will exhibit 3.5% CAGR from 2024 to 2032, attributed to the continuous expansion and need for reliable power on job sites.
North America market will exceed USD 3 billion by 2032, primarily due to frequent power outages, severe weather conditions, and high demand for backup power solutions.
Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins, Deere & Company, Generac Power Systems, HIMOINSA, Honda India Power Products, Kirloskar, and Kohler among others.

Portable Conventional Generator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 52
  • Countries covered: 35
  • Pages: 118
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