The United
States Portable Generator market is expected to grow during the forecast period
owing to a variety of factors, such as the rising energy consumption,
the shaky grid infrastructure, the desire for solutions for emergency backup
power, and the requirement for a reliable source of electricity. Extreme
weather also causes disruptions in the usual power supply, prompting many businesses
to use backup power sources. Examples include severe rain, heat waves, storms,
hurricanes, and fog. RVs, tailgating, and camping all make use of portable
generators. The market for portable generators has grown as a result of
attributes including a lengthy runtime and a strong fuel capacity.
In situations
where electricity is not accessible, the portable generator temporarily
supplies power. An electrical device known as a portable generator often burns
gas or diesel and measures power in hours rather than days. By using a
gas-powered engine to crank an internal alternator, portable generators produce
electricity. These generators are frequently used to provide momentary and
portable electricity at all construction sites and outdoor gathering places.
The two
primary product categories for portable generators are traditional and inverter
types. The operating speed of an inverter portable generator varies depending
on how much power is needed to complete a task; the faster the engine runs, the
more fuel-efficient it is. As lower loads come on and off, some of these
generators also feature fixed speed set points, which reduces the frequency
with which loads change. Portable generators, which are run by diesel, gas, and
other fuels, are used by consumers in the residential, commercial, and
industrial sectors.
Many factors
are now driving the portable generator industry in the United States. Standby
generators can be replaced with less expensive portable generators. They are a
great choice for households, small companies, and campgrounds because of how
inexpensively they can be installed and maintained. Moreover, the
countries growing reliance on networked technology systems and the
expansion of multifunctional power production systems have raised the demand
for portable generators. In addition, there have been more weather-related
power outages in the regions as a result of natural disasters such as heat
waves and storms, which affect both residential and business customers access
to electricity.
Government
Initiatives Boost the Market of Portable Generator
It is
projected that increased demand for power generation systems, which would, in
turn, affect the market for generators throughout the estimated period, will
result from government actions to support the development and maintenance of a
robust energy infrastructure. For instance, in September 2021, the U.S.
Department of Agriculture declared that it had invested USD 464 million
in the construction or improvement of the infrastructure required to
enable renewable energy in rural areas. Governments in industrialised nations
are working hard to create and maintain dependable energy infrastructure, which
is anticipated to restrict the expansion of the market for the manufacture of
generators.
The market
for generator manufacture is anticipated to expand over the course of the
anticipated decade as a result of growing demand from a number of industries,
including mining, oil and gas, and pharmaceuticals. In many industrial
processes, generators are employed as backup power sources. If there is no grid
infrastructure, generators are the only source of electricity.
Growth in Demand for Natural Fuel Sources
Strict environmental regulations are being
developed to control the emission of hazardous gases from diesel generators in developed
regions. In the North American region, where countries such as United States,
Canada, and Mexico are located, natural gas-fueled generators are becoming more
and more popular. Moreover, the US has a program wherein the US Environmental
Protection Agency (EPA) sets restrictions on some air pollutants under the
Clean Air Act (CAA), including establishing limitations on how much can be in
the air anyplace in the US. The EPA is also given the power to regulate air
pollution emissions under the Clean Air Act. Thus, the growing demand for
portable generators across the nation is a result of this supportive
environmental legislation.
Rise in Awareness
Homeowners, event planners, outside service
providers, and other end users are increasingly attracted to portable
generators. As more individuals discover themselves in need of power storage
for camping and lengthy outdoor activities in isolated areas, the market for
portable generators is expanding. With their vast array of product categories,
several major market participants provide support for commercial events.
Increasing Natural Calamities & Frequent Power Outages
The need for portable generators is growing across
the country as a result of increasing natural disasters. Natural disasters such
as tsunamis, earthquakes, floods, forest fires, hurricanes, and volcanic
eruptions occur, among others. However, over the past five years, a number of
hurricanes—including Irma, Michael, Sally, and Delta—have hit the coast in the
United States. As a result, there has been a prolonged outage of power due to
damaged grid infrastructure. In such situations, portable gensets are often
employed to supply energy for use in rescue efforts. These elements expand the
demand for portable generators in the US.
Wide Scale Product Utilization Across the Construction
In order to provide a constant supply of
electricity, portable generators are crucial in the commercial sector,
including hospitals, businesses, offices, dining establishments, schools, and
retail stores. The portable Genset utilised at the building site gives
dependable power to a variety of instruments including electric concrete
vibrators, circular saws, concrete drills, battery chargers, air circulation
fans, and tiny compressors. This boosts the potential of the business. For
instance, one of the key contributors to the US economy is the building sector.
Regional demand for portable generators has been sparked by robust building
activity supported by increased infrastructure expenditure.
Nevertheless, the unexpected COVID-19 outbreak has
really affected the nation. The continued impact has a substantial negative
influence on the prospects for the sector by causing a large decrease in
overall capital expenditure for power generation and construction expansion
& improvement. Yet, the need for a portable generator will increase owing to
the growing necessity for emergency power backup due to the rapidly expanding
healthcare infrastructure. Therefore, the market for portable generator is
growing at a steady pace in the upcoming years.
Recent Developments:
Jan. 10, 2022 - Yamaha Motor Corporation, USA, improved its whole range of inverter and conventional generators with Carbon Monoxide (CO) Sensor technology to meet the Portable Generator Manufacturers' Association's ANSI/PGMA G300-2018 carbon monoxide emissions standard.
Jan 18, 2022 - New EU32i portable generators from Honda with newly created specialized engines have begun to be sold with a maximum output of 3.2kVA. The portable generator from Honda, the EU32i, features a high-efficiency 4-stroke engine with integrated fuel injection. No more than 10% ethanol in normal unleaded gasoline is allowed for the operation of the engines.
May 10, 2022, two new Powermate dual-fuel capable portable generators namely, the 4500-Watt Dual Fuel Portable Generator and the 7500 Watt Dual Fuel Portable Generator, have been introduced, by Generac Power Systems, Inc. Both variants are made to run on either LP gas or gasoline as a fuel source.
January 13, 2021, four new models from Atlas Copco boost the company's QES portable generator line up to 500 kVA, providing a reliable supply of electricity for even the most demanding construction sites. The QES 250, QES 325, QES 400, and QES 500 are the most recent models in the line. They are all Stage 3A emission compliant and offered in variants that operate at 50 Hz or 60 Hz.
June 01, 2021 - Generac Holdings Inc., a well-known global designer and manufacturer of complicated controls, has acquired Deep-Sea Electronics Ltd., one of the top producers of energy technology solutions & designers and other power products.
Oct. 28, 2021 - Generac Power Systems, Inc., launched the Guardian 26kW Home Standby Generator, the most powerful air-cooled home standby generator presently in the market. The Guardian 26kW generator, which has a peak power output of 26 kilowatts and thousands of dollars in cost savings over rival home backup generators, is available for purchase and installation.
Download Free Sample Report
Market Segmentation
The United States Portable
Generator market is divided into power rating, fuel type, application and end use.
Based on power rating, the market is segmented into below 5kW, 5kW-10kW, and above
10kW. The market is segmented based on fuel type: Gasoline, Diesel, Natural
Gas, and Other. On the basis of fuel type, the market is further segmented into
temporary and primary. The market is further split into residential, commercial
and industrial, based on end use. The market analysis also studies the regional
segmentation to devise regional market segmentation, divided into North East, Midwest, West, and South.
Company Profiles
Cummins Inc, Caterpillar
Inc, American Honda Motor Co Inc, Generac Power Systems
Inc, Briggs & Stratton LLC, Yamaha Motor Corporation U.S.A. (YMUS), Champion
Power Equipment Inc, Winco Generator, Gillette Generators Inc, Northern Tool & Equipment Company, Inc. are
among the major players that are driving the growth of the United States Portable
Generator market.
Attribute | Details |
Base
Year | 2022 |
Historical
Years | 2018 –
2021 |
Estimated
Year | 2023 |
Forecast
Period | 2024 – 2028 |
Quantitative
Units | Revenue
in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
Report
Coverage | Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments
Covered | By Power
Rating By Fuel
Type By Application By End
Use By Region |
Regional
Scope | North East,
Midwest, West, and South. |
Key
Companies Profiled | Cummins Inc, Caterpillar Inc, American Honda Motor Co Inc,
Generac Power Systems Inc, Briggs & Stratton LLC, Yamaha Motor Corporation
U.S.A. (YMUS), Champion Power Equipment Inc, Winco Generator, Gillette
Generators Inc, Northern Tool & Equipment Company Inc. |
Customization
Scope | 10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing
and Purchase Options | Avail
of customized purchase options to meet your exact research needs. Explore purchase options |
Delivery
Format | PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request) |
Report Scope:
In this report, the United States portable
generator market has been segmented into the following categories, in addition
to the industry trends which have also been detailed below:
- United States Portable
Generator Market, By Power Ratings:
- Below 5kW
- 5kW-10kW
- Above 10kW
- United States Portable
Generator Market, By Fuel Type:
- Gasoline
- Diesel
- Natural Gas
- Others
- United States Portable
Generator Market, By Application:
- United States Portable
Generator Market, By End Use:
- Residential
- Commercial
- Industrial
- United States Portable Generator Market, By Region:
- North East
- Midwest
- West
- South
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the United States Portable Generator
market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United States Portable Generator Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]