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U.S. Portable Generators Market Size
- Report ID: GMI2485
- Published Date: May 2023
- Report Format: PDF
U.S. Portable Generators Market Size
U.S. Portable Generators Market size in 2023 was valued at USD 3.7 billion and is estimated to record over 4.1% CAGR from 2024 to 2032. A portable generator is a mobile device that generates electrical power when grid power is unavailable. It consists of an engine that runs on various fuel sand an alternator that converts mechanical energy into electrical energy. The engine drives the alternator, which produces electricity that can be used to power various appliances and devices.
The U.S. portable generators market is poised to observe substantial growth owing to the escalating frequency and severity of weather-related disasters in the country. For instance, as per Edison Electric Institute, approximately 70% of electrical outages in the nation are a consequence of weather-related incidents. Natural calamities including hurricanes, floods, windstorms, tsunamis, and earthquakes severely damage critical power infrastructure, leading to prolonged power disruptions, which in turn will drive the product demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| U.S. Portable Generators Market Size in 2023: | USD 3.7 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.1% |
| 2032 Value Projection: | USD 5.3 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 70 |
| Tables, Charts & Figures: | 178 |
| Segments covered: | Product, Fuel & Power Rating, Phase, End Use |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
U.S. Portable Generators Market Scope
