Press release
Portable Generator Market Size to Hit US$ 8.7 Billion, Globally, by 2032 at 5.7% CAGR
IMARC Group's report titled " ๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฏ๐ ๐๐๐ฒ๐น ๐ง๐๐ฝ๐ฒ (๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ถ๐ฒ๐๐ฒ๐น ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ๐, ๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฎ๐ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ๐, ๐ฎ๐ป๐ฑ ๐ข๐๐ต๐ฒ๐ฟ๐), ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป (๐ฅ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐๐ถ๐ฎ๐น, ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ถ๐ฎ๐น, ๐๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น, ๐๐ป๐ณ๐ฟ๐ฎ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ), ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ข๐๐๐ฝ๐๐ (๐๐ฒ๐๐ ๐๐ต๐ฎ๐ป ๐ฏ ๐ธ๐ช, ๐ฏ-๐ญ๐ฌ๐ธ๐ช, ๐ ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐ญ๐ฌ๐ธ๐ช), ๐ฎ๐ป๐ฑ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป ๐ฎ๐ฌ๐ฎ๐ฐ-๐ฎ๐ฌ๐ฏ๐ฎ".ย The global portable generator market size reached US$ 5.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032.๐๐ผ๐ฟ ๐ฎ๐ป ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐ผ๐ ๐ฐ๐ฎ๐ป ๐ฟ๐ฒ๐ณ๐ฒ๐ฟ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฐ๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/portable-generator-market/requestsample
๐๐ฎ๐ฐ๐๐ผ๐ฟ๐ ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ผ๐ณ ๐๐ต๐ฒ ๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐:
โ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ข๐๐๐ฎ๐ด๐ฒ๐:
The growing need for reliable backup power sources on account of the increasing frequency and severity of natural disasters, such as storms and hurricanes, is offering a positive market outlook. Portable generators offer a convenient solution for homeowners and companies to maintain essential operations during power outages. Individuals and organizations are investing in portable generators to safeguard against economic losses and disruptions for minimizing downtime. Apart from this, portable generators are particularly essential in regions prone to adverse weather conditions.
โ ๐ง๐ต๐ฟ๐ถ๐๐ถ๐ป๐ด ๐๐ผ๐ป๐๐๐ฟ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฆ๐ฒ๐ฐ๐๐ผ๐ฟ:
The rising demand for portable generators due to the thriving construction sector across the globe is contributing to the growth of the market. The increasing adoption of portable generators to power tools and equipment on job sites is bolstering the market growth. Construction projects that occur in remote locations or areas with limited access to the electrical grid, necessitate portable power solutions. Contractors and construction firms rely on portable generators for their flexibility, mobility, and ability to provide on-demand power, enhancing productivity and efficiency.
โ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐ฅ๐ฒ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฐ๐๐ถ๐๐ถ๐๐ถ๐ฒ๐:
The escalating demand for portable generators due to the rising focus on recreational activities, such as camping and tailgating, is propelling the growth of the market. Outdoor enthusiasts are seeking reliable power sources to operate appliances, lighting, and entertainment devices in remote locations where access to electricity is limited. Portable generators offer convenience and comfort, enabling individuals and families to enjoy extended outdoor stays without sacrificing modern amenities. Furthermore, the increasing need for enhanced outdoor experiences among the masses worldwide is strengthening the market growth.
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ข๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐ถ๐ป ๐๐ต๐ฒ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐:
โ Briggs & Stratton Corporation
โ Cummins Inc.
โ Honda Motor Co., Ltd.
โ Eaton Corporation PLC
โ Generac Power Systems Inc.
๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
๐๐ ๐๐๐ฒ๐น ๐ง๐๐ฝ๐ฒ:
โ Portable Diesel Generators
โ Portable Gas Generators
โ Others
Portable diesel generators represent the largest segment, which can be attributed to their ability to offer enhanced versatility and power. ย ย ย ย ย
๐๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป:
โ Residential
โ Commercial
โ Industrial
โ Infrastructure
Residential holds the biggest market share as portable generators enable homeowners to power critical appliances, lighting, heating, and communication devices when the main power supply is disrupted. ย
๐๐ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ข๐๐๐ฝ๐๐:
โ Less than 3 kW
โ 3-10kW
โ More than 10kW
Less than 3 kW accounts for the largest market share due to the rising demand for compact, lightweight, and easy-to-transport power solutions. ย ย
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐:
โ North America (United States, Canada)
โ Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ Latin America (Brazil, Mexico, Others)
โ Middle East and Africa
Asia Pacific enjoys the leading position in the portable generator market on account of the increasing number of infrastructure projects. ย ย
๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐:
The growing demand for portable generators due to the rising remote work arrangements is positively influencing the market. The increasing awareness about the importance of portable generators in ensuring an uninterrupted power supply is also supporting the market growth. Individuals working from home or various organizations rely on portable generators to maintain connectivity, productivity, and communication during power outages. The ability to power essential devices, such as computers, modems, and communication equipment, is vital in sustaining remote work operations. Apart from this, the rising demand for reliable backup power solutions for home offices and telecommuting setups is impelling the market growth. Besides this, advancements in generator technology, including quieter operation, improved fuel efficiency, and enhanced portability, attract individuals seeking more convenient and user-friendly solutions.
๐ก๐ผ๐๐ฒ: ๐๐ณ ๐๐ผ๐ ๐ป๐ฒ๐ฒ๐ฑ ๐๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐๐ต๐ฎ๐ ๐ถ๐ ๐ป๐ผ๐ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐๐น๐ ๐๐ถ๐๐ต๐ถ๐ป ๐๐ต๐ฒ ๐๐ฐ๐ผ๐ฝ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐, ๐๐ฒ ๐๐ถ๐น๐น ๐ฝ๐ฟ๐ผ๐๐ถ๐ฑ๐ฒ ๐ถ๐ ๐๐ผ ๐๐ผ๐ ๐ฎ๐ ๐ฎ ๐ฝ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป.
๐ข๐๐ต๐ฒ๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐๐ ๐๐ ๐๐ฅ๐ ๐๐ฟ๐ผ๐๐ฝ:
๐ฃ๐ต๐ผ๐๐ผ๐บ๐ฎ๐๐ธ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/photomask-market
๐ฃ๐ผ๐๐ฒ๐ฟ ๐๐น๐ฒ๐ฐ๐๐ฟ๐ผ๐ป๐ถ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/power-electronics-market
๐จ๐๐ฎ๐ด๐ฒ-๐๐ฎ๐๐ฒ๐ฑ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/usage-based-insurance-market
๐๐น๐๐บ๐ถ๐ป๐ถ๐๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/aluminium-market
๐๐ฟ๐ฒ๐ฎ๐๐ ๐ฃ๐๐บ๐ฝ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/breast-pump-market
๐๐ผ๐ผ๐ฑ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/food-service-equipment-market
๐๐ผ๐บ๐ฒ ๐๐ป๐ณ๐๐๐ถ๐ผ๐ป ๐ง๐ต๐ฒ๐ฟ๐ฎ๐ฝ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/home-infusion-therapy-market
๐๐ฟ๐ผ๐ป๐ฒ ๐๐ฎ๐บ๐ฒ๐ฟ๐ฎ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.imarcgroup.com/drone-camera-market
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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