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North America Portable Generators Market Size
- Report ID: GMI5175
- Published Date: May 2023
- Report Format: PDF
North America Portable Generators Market Size
North America Portable Generators Market size surpassed USD 4.2 billion in 2023 and is anticipated to expand at 4.1% CAGR from 2024 to 2032. The industry is shaped by insufficient power supply, persistent power outages, changing consumer preferences, and ongoing infrastructure development. Increasing frequency and severity of weather-related blackouts coupled with rising dependence on backup power solutions to maintain daily-life operations will escalate the industry outlook. The popularity of these generators can be largely attributed to their affordable pricing and versatile capabilities, making them suitable for a wide tandem of applications. The global market for portable generators is likely to cross USD billion by 2032.
COVID– 19 Impact
The COVID- 19 had no impact on the North America portable generators market. The industry has experienced rapid growth on account of rising adoption of remote work concepts and increasing consumer demand for uninterrupted electricity supply. Furthermore, the need for emergency backup power in response to crises and the establishment of specialized healthcare facilities have had a positive impact on the industry.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Portable Generators Market Size in 2023: | USD 4.2 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.1% |
| 2032 Value Projection: | USD 5.9 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 125 |
| Tables, Charts & Figures: | 238 |
| Segments covered: | Product, Fuel & Power Rating, Phase, End Use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America Portable Generators Market Scope
