North America Portable Generators Market worth $3.1 billion

2022-08-20 11:17:41 By : Ms. Irelia Sun

January 20, 2022 07:30 ET | Source: Global Market Insights Inc. Global Market Insights Inc.

Selbyville, Delaware, Jan. 20, 2022 (GLOBE NEWSWIRE) -- North America portable generators market value is expected to exceed USD 3.1 billion by 2028, as reported in the latest study by Global Market Insights Inc. owing to increasing severity & frequency of weather-related disasters. The occurrence & severity of natural calamities has spiked dramatically, causing prolonged blackouts, in turn, stimulating the business outlook.

Growing deployment of backup power solutions for outdoor recreational activities will stimulate the commercial portable generators industry growth. Rising significance of reliable emergency power supply along with increasing susceptibility of grid infrastructure to external damage will shape the industry potential. Increasing infrastructure development coupled with rapid population growth will positively sway the product penetration.

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Some prime findings of the North America portable generators market report include:

Browse key industry insights spread across 185 pages with 158 market data tables & 32 figures & charts from the report, “North America Portable Generators Market By Product (Conventional Portable Generator, Inverter Portable Generator), Fuel & Power Rating (Diesel {< 20 kW, 20 kW - 50 kW, > 50 kW - 100 kW}, Gasoline {< 2 kW, 2 kW - 5 kW, 6 kW - 8 kW, > 8 kW - 15 kW}), Phase (Single Phase, Three Phase), End-Use (Residential, Commercial, Construction), Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:

Diesel powered portable generators market will gain an appreciable momentum on account of its key advantages including high portability, easy accessibility to fuel and simpler operations. Surging electricity cuts to counter peak hour demand coupled paradigm consumer shift toward emergency readiness will amplify the business scenario. Moreover, increasing severity of weather outages in line with flourishing real estate sector is set to stimulate the business outlook.

U.S. market is anticipated to surpass USD 2.8 billion by 2028. Growing focus toward economic diversification along with continuing expansion in the regional infrastructure will stimulate the business landscape. Increasing voltage fluctuation in end user demand coupled with prolonged power blackout driven by storms & hurricanes will favor the industry statistics. Furthermore, stringent government regulations for adopting energy efficient systems along with increasing disposable income will boost the North America portable generator market statistics.

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