Authors:
Ankit Gupta, Shubham Chaudhary
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Single Phase Gasoline Gensets Market Size & Share 2024 to 2032
Report ID: GMI9354
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Published Date: May 2024
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Single Phase Gasoline Gensets Market
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Single Phase Gasoline Gensets Market Size
Single Phase Gasoline Gensets Market was valued at USD 5.4 billion in 2023 and is anticipated to grow at a CAGR of over 4.1% from 2024 to 2032. Inadequate power supply along with frequent interruptions in power and evolving consumer preferences toward backup solutions will energize the industry dynamic.
Single Phase Gasoline Gensets Market Key Takeaways
A single phase gasoline genset is an equipment driven by an engine that transforms the chemical energy obtained from the fuel powering the engine into electrical power. It is a power generator that operates using gasoline fuel and produces electricity in an electrical system. It's commonly used as a backup power source in situations where a reliable electricity supply is not available, comprising of power outages and in remote locations.
Single Phase Gasoline Gensets Market Trends
The escalating frequency and severity of weather-related power outages coupled with a growing emphasis on backup power solutions to sustain daily operations will enhance the generator sets market. Moreover, the rising consumer inclination toward adopting reliable power generating systems will additionally augment the industry potential. Continual technological advancements aimed at reducing noise, enhancing engine performance, and improving efficiency will foster the product penetration.
Single Phase Gasoline Gensets Market Analysis
The 2 kW - 5 kW rated single phase gasoline gensets will surpass USD 4 billion by 2032. Growing customer awareness along with an unreliable grid infrastructure will persist in supporting the expansion of these units. The economic feasibility of meeting low power demands especially in multifamily apartments will augment the industry landscape. The product's advantages, such as lightweight design, compact size, quiet operation, and superior fuel efficiency, will contribute to boosting business growth.
The commercial single phase gasoline gensets market size will witness growth a rate of over 3.5% through 2032. Booming construction sector along with emerging trends in the real estate sector will escalate the industry growth. The rising frequency of weather-related disasters coupled with inadequacy of electrical infrastructure will fuel the product deployment. Moreover, the increasing power outages for prolonged hours in line with ongoing modernization of electrical infrastructure will drive the business outlook.
North America single phase gasoline gensets market is set to reach over USD 3.5 billion by 2032. The proliferation of educational institutions and retail stores will drive up the demand for reliable power supply, which in turn will enhance the business environment. Ongoing electrification initiatives coupled with growing infrastructure investments and substantial expansion in the telecom sector, will contribute to a favorable industry landscape. Robust development of apartments, duplexes, and healthcare facilities primarily across the emerging economies will drive the product adoption.
U.S. single phase gasoline gensets market will shoecase an upsurge owing to increasing concerns over the reliability of the power grid and robust investments in the infrastructure. The compact size, lightweight design, and quiet operation of these gensets make them particularly attractive across wide tandem of applications. Furthermore, flourishing construction sector coupled with increasing consumer participation toward recreational activities will drive the business potential.
Single Phase Gasoline Gensets Market Share
DuroMax Power Equipment is a brand known for manufacturing gasoline-powered generators designed for various applications. The company offers a diverse range of gasoline generators catering to different power needs. Their lineup includes portable generators for emergency backup power and outdoor activities, as well as larger standby generators suitable for powering homes, businesses, or construction sites. Its generators come in various power output capacities ranging from smaller models to heavy-duty systems.
Single Phase Gasoline Gensets Market Companies
Eminent players operating in the single phase gasoline gensets industry include:
Single Phase Gasoline Gensets Industry News
This single phase gasoline gensets market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD Million” from 2021 to 2032, for the following segments:
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Market, By Power Rating
Market, By End Use
The above information has been provided for the following regions and country:
Table of Contents
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2023
Chapter 5 Market Size and Forecast, By Power Rating (USD Million & '000 Units)
Chapter 6 Market Size and Forecast, By End Use (USD Million & '000 Units)
Chapter 7 Market Size and Forecast, By Region (USD Million & '000 Units)
Chapter 8 Company Profiles
Don't see your key competitors?
The companies listed in this report are a curated selection - not the full competitive universe.
Our market revenue calculations use a bottom-up methodology that accounts for all players across all regions - including manufacturers, distributors, and specialists not individually profiled. The profiles section spotlights strategically significant players; it does not define the scope of our market sizing.
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Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
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Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →