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Single Phase Portable Conventional Gensets Market Trends

Report ID: GMI9909
Published Date: Jun 2024
Report Format: PDF

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Single Phase Portable Conventional Gensets Market Trends

The growing emphasis on environmental sustainability coupled with expansion and development of residential and commercial establishment will foster the industry outlook. Increased awareness of security and energy resilience in line with integration of smart control and IoT systems will accelerate the market landscape. In addition, growing construction activities in key geographies in conjunction with growing requirement of temporary power solutions for tools and machinery will drive the demand for portable generator.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of single phase portable conventional gensets was reached USD 3.8 billion in 2023 and is projected to grow at 3.7% CAGR during 2024 to 2032, driven by the increasing frequency of power outages along with aging grid infrastructure.

The gasoline single phase portable conventional gensets market will exceed USD 4.5 billion by 2032, driven by the growing integration of emission control technologies coupled with the rising need for enabling remote monitoring and controlling.

North America single phase portable conventional genset market is set to surpass USD 2 billion by 2032, driven by rapid growth in technological advancements including fuel efficiency improvements & digital controls.

Allmand Bros., Inc, Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, Cummins Inc, and Deere & Company among others.