Home > Energy & Power > Electrical Equipment > Generator Sets > Portable Conventional Generator Market

Portable Conventional Generator Market Size

  • 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.

 

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.
 

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

Buy Now


Premium Report Details

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