North America Portable Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

North America Portable Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The North America portable generator market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

Portable generators, commonly known as engine-generators, are internal combustion engines that provide electricity to vital devices during power shortages. These devices run on a fuel-powered engine, which converts an on-board alternator for generating power. Portable generators are suitable for places where power outages are frequent to keep essential devices running in homes, corporate buildings, restaurants, construction sites, etc.

North America portable generator market is currently being driven by several factors. Portable generators are low-priced alternatives to standby generators. Their installation and operating costs are minimal, which makes them an ideal option for residents, small-businesses and campsites. Moreover, the increased dependency on interconnected technology systems and growth in the adoption of multipurpose power generation systems have further spurred the demand for portable generators around the region. Apart from this, the region has been witnessing an increase in the number of weather-related power outages owing to natural calamities, such as heat waves and hurricanes, which disrupts the power supply for residential and commercial users.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America portable generator market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on fuel type, application and power output.

Key Regions Analysed
United States
Canada

Analysis for Each Country

Market by Fuel Type
Portable Diesel Generators
Portable Gas Generators
Others

Market by Application
Residential
Commercial
Industrial
Infrastructure

Market by Power Output
Less than 3 kW
3-10kW
More than 10kW

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America portable generator market performed so far and how will it perform in the coming years?
What are the key regions in the North America portable generator market?
What has been the impact of COVID-19 on the North America portable generator market?
What is the breakup of the North America portable generator market on the basis of fuel type?
What is the breakup of the North America portable generator market on the basis of application?
What is the breakup of the North America portable generator market on the basis of power output?
What are the various stages in the value chain of the North America portable generator industry?
What are the key driving factors and challenges in the North America portable generator industry?
What is the structure of the North America portable generator industry and who are the key players?
What is the degree of competition in the North America portable generator industry?
What are the profit margins in the North America portable generator industry?