Solar Generator Market Size - By Capacity (≤ 1,000 W, > 1,000 W - 2,000 W, > 2,000 W - 3,000 W, > 3,000 W), By Phase (Single, Three), By Application (Residential, Commercial) & Forecast, 2024 – 2032

EcoFlow, Goal Zero, GROWATT, HomeGrid, Humless, Inergy, Jackery, Lion Energy, Maxoak Corporation, Powerenz, PowerOak, Renogy, ACOPOWER, Anern, and Anker.

North America market will surpass USD 550 million by 2032, backed by the favorable government incentives, along with the tax credits & rebates toward the adoption of renewable energy technologies.

The residential solar generator segment will grow at over 11% CAGR till 2032, attributed to the integration of these systems with smart technology and mobile apps, that has made them user-friendly and convenient option for the residential consumers.

The market size of solar generator reached USD 570.1 million in 2023 and is set to witness 11.5% CAGR through 2032, owing to the increasing consumer awareness toward environment issues coupled with surging demand for renewable energy sources.