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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.
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.
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.