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Single Phase Portable Generators Market Trends

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

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Single Phase Portable Generators Market Trends

The ongoing recovery of the construction sector coupled with favorable government schemes & funding will stimulate the investments in the real estate sector, accelerating the industry potential. Subsequently, the trend of new housing construction will continue to boost the portable generators demand. The massive growth in the telecommunications sector is accompanied by a comparable growth in the gensets market, which caters to the continuous power requirements of the telecom infrastructure.

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.,