According to IMARC Group latest report titled “North America Portable Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on portable generator industry in North America. The report also includes competitor and regional analysis, and contemporary advancements in the market. The North America portable generator market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
A portable gas generator is an excellent solution for a reliable source of electricity. It is a self-contained, lightweight unit that is powered by gasoline or diesel and is capable of running for extended periods. It is commercially available in a range of sizes, from small, lightweight models that can fit in a backpack to larger, more powerful units that can provide enough electricity to run a household. It features an electric starter, allowing them to be started with the push of a button, as well as an automatic shut-off switch which will turn off the generator if the oil pressure is low or the engine overheats. Additionally, it is designed with a spark arrestor, which prevents sparks from leaving the exhaust pipe and potentially causing a fire.
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Market Trends:
The escalating demand for energy majorly drives the market in North America. This can be supported by the increasing use of energy in the residential, commercial, and industrial sectors. Along with this, portable gas generators are adopted in the construction industry for operating various tools, such as drives, air hammers, drills, and compressors is propelling the demand for portable generators. In addition, the growing installation of gensets in households to provide emergency power supply during grid failure or blackout is propelling the market. Apart from this, numerous manufacturers are also introducing portable generators powered by biofuels and other sustainable energy sources to minimize greenhouse gas (GHG) emissions, further driving the demand. Moreover, rapid industrialization and extensive research and development (R&D) activities are also contributing to the growth in the market.
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North America Portable Generator Market Segmentation:
Our report has categorized the market based on region, fuel type, application and power output.
Key Regions Analysed:
- United States
- Canada
Market by Fuel Type:
- Portable Diesel Generators
- Portable Gas Generators
- Others
Market by Application:
- Residential
- Commercial
- Industrial
- Infrastructure
Market by Power Output:
- Less than 3 kW
- 3-10kW
- More than 10kW
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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