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Portable Generators Market Size
- Report ID: GMI3384
- Published Date: Apr 2023
- Report Format: PDF
Portable Generators Market Size
Portable Generators Market size surpassed USD 11.6 billion in 2023 and is anticipated to grow at 4.3% CAGR from 2024 to 2032
Growing demand for portable generators across the construction sector is projected to have a positive impact on the market outlook. Over the last decade, the number of infrastructural investments and activities has risen at an exponential rate on account of rapid urbanization and industrialization. Additionally, the advent of mobile electric generators to curb the environmental impact of conventionally deployed diesel gensets will proliferate portable generators industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Portable Generators Market Size in 2023: | USD 11.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.3% |
| 2032 Value Projection: | USD 16.8 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 850 |
| Tables, Charts & Figures: | 1,824 |
| Segments covered: | Product, Fuel & Power Rating, Phase, End Use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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A surge in the product adoption of business can be attributed to the rise in weather-related disasters. The high frequency and severity of natural calamities and incidents such as blackouts are compelling users to replace conventional power sources with portable gensets. Furthermore, the growing risk awareness and implementation of measures to address natural calamities will spur the demand for portable power units by 2032.
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Portable Generators Market Scope
