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Single Phase Portable Generators Market Size

  • Report ID: GMI7621
  • Published Date: Dec 2023
  • Report Format: PDF

Single Phase Portable Generators Market Size

Single Phase Portable Generators Market was valued at USD 6.4 billion in 2023 and is expected to grow at over 4.1% CAGR from 2024 to 2032. Increasing infrastructural investments & ongoing construction boom is emerging as one of the catalysts for business growth. Moreover, the massive growth in the telecommunications sector is accompanied by a comparable growth in the gensets market

 

Surging severity & frequency of weather-related disasters causing prolonged blackouts will positively sway the industry growth. The market is poised for expansion due to a heightened awareness of increased risks and the continued implementation of preparedness measures to address natural calamities. In addition, growing regulatory emphasis toward machine-to-machine communications and Internet of Things (IoT) will entail the expansive use of power generation equipment.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of single phase portable generators was reached USD 6.4 billion in 2023 and is projected to surpass USD 9.1 billion by 2032, attributed to the massive infrastructural investments and ongoing construction boom across major countries worldwide.

Single phase portable inverter generators market is poised to witness 4.8% CAGR from through, 2032 owing to the growing apprehension among consumers regarding dependable and uninterrupted power supply.

North America single phase portable generators market size surpassed USD 2.8 billion in 2023 and is estimated to exhibit robust growth through 2032, attributed to the inadequate power supply coupled with the elevated demand for continuous & reliable power across the region.

Some of the top single phase portable generators market players are Cummins, Inc., Kirloskar, Kohler Co., Generac Power Systems, Inc., Allmand Bros., Inc., Yamaha Motor Co., Ltd., Honda India Power Products Ltd., Caterpillar, Atlas Copco AB, Wacker Neuson SE, and Mitsubishi Heavy Industries, Ltd.,

Single Phase Portable Generators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 1537
  • Countries covered: 35
  • Pages: 550
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