North America Portable Generators Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
North America Portable Generators Market size will record a 4.1% CAGR between 2024 and 2032, with the rising popularity of outdoor activities, such as camping and RVing, along with increased awareness of emergency preparedness. As more individuals seek reliable power sources for outdoor adventures, the demand for portable generators that offer convenience and efficiency in remote settings rises. Also, heightened concern over potential power outages and emergencies leads homeowners to invest in dependable backup power solutions.
In 2023, BLUETTI launched the AC2A and AC70 portable generators, aiming to power your fall adventures reliably. This move highlights a surge in competition and innovation within the sector, addressing consumers' demands for trustworthy energy during outdoor escapades and emergencies. It signals a trend towards sophisticated, user-centric products that prioritize convenience and reliability, potentially spurring market growth and establishing new benchmarks for portable power solutions in the region.
North American portable generators industry segments its offerings based on product type, fuel and power rating, phase, end-use, and regional considerations.
Throughout 2024–2032, the conventional portable generator segment is set for significant growth, driven by its widespread accessibility and affordability. These generators are trusted for their reliability during power outages, especially in regions susceptible to severe weather. Their established market presence, coupled with easier maintenance and lower initial costs compared to inverter generators, cements their preference among both residential and commercial users, reinforcing their regional dominance.
The residential segment is poised for notable gains up to 2032, spurred by homeowners' increasing demand for backup power. Severe weather-induced power outages have amplified the need for dependable, portable energy sources to maintain a consistent electricity supply. Furthermore, heightened emergency preparedness awareness and the rising popularity of outdoor pursuits, like camping, are propelling the uptake of portable generators in homes across the region.
From 2024 to 2032, Canada portable generators market is set for steady growth, driven by surging demand in both residential and commercial sectors. Extreme weather-induced power outages in the country underscore the need for dependable portable generators. Moreover, the rising use of these generators for outdoor leisure activities and at remote construction sites further fuels market expansion. With strategic investments in energy infrastructure, Canada emerges as a pivotal player in the portable generators industry.
Chapter 1 Methodology and Scope
1.1 Market scope and definitions
1.2 Market estimates and forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls and challenges
3.4 Growth potential analysis
3.5 Porter's analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of new entrants
3.5.4 Threat of substitutes
3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Strategic outlook
4.2 Innovation and sustainability landscape
Chapter 5 Market Size and Forecast, By Product (USD Million and '000 Units)
5.1 Key trends
5.2 Conventional portable generator
5.3 Inverter portable generator
Chapter 6 Market Size and Forecast, By Fuel and Power Rating (USD Million and '000 Units)
6.1 Key trends
6.2 Diesel
6.2.1< 20 kW
6.2.2 20 - 50 kW
6.2.3 > 50 - 100 kW
6.3 Gasoline
6.3.1< 2 kW
6.3.2 2 - 5 kW
6.3.3 6 - 8 kW
6.3.4 > 8 - 15 kW
6.4 Hybrid
Chapter 7 Market Size and Forecast, By Phase (USD Million and '000 Units)
7.1 Key trends
7.2 Single phase
7.3 Three phase
Chapter 8 Market Size and Forecast, By End Use (USD Million and '000 Units)
8.1 Key trends
8.2 Residential
8.3 Commercial
8.4 Construction
Chapter 9 Market Size and Forecast, By Country (USD Million and '000 Units)