IMARC Group, a leading market research company, has recently releases report titled “United States Portable Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the United States portable generator market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How has the United States portable generator market performed so far and how will it perform in the coming years?
The United States portable generator market is expected to exhibit a CAGR of 5.9% during 2022-2027.
What is portable generator?
A portable generator is a reliable energy source that is compact in size and easy to use. It consists of an internal combustion engine, alternator, starter, fuel tank, and outlets that are assembled onto a metal frame in a single unit. Since it is an essential source of emergency power, it is widely deployed across hospitals, restaurants, commercial complexes, shops, homes, and construction sites to provide temporary backup electricity during power outages.
United States Portable Generator Market Trends:
The market in the United States is majorly driven by the rising need for backup power during outages. Apart from this, the widespread adoption of dual fuel portable generators by end users is creating a positive outlook for the market. Moreover, a significant rise in construction activities across the region is also providing an impetus to the market growth.
Since these generators are extensively deployed across the construction site to power construction tools and equipment in an efficient and uninterrupted manner, this is acting as a major growth-inducing factor. Some of the other factors favorably impacting the market growth across the country include rapid technological advancements, including the advent of twin-cylinder technology, and the introduction of product variants that run on biofuels.
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Market Segmentation:
The report has segmented the United States portable generator market on the basis of fuel type, application, power output and region.
Based on Fuel Type:
- Portable Diesel Generators
- Portable Gas Generators
- Others
Based on Application:
- Residential
- Commercial
- Industrial
- Infrastructure
Based on Power Output:
- Less than 3 kW
- 3-10kW
- More than 10kW
Regional Analysis::
- Northeast
- Midwest
- South
- West
Explore Full Report Description At: https://www.imarcgroup.com/united-states-portable-generator-market
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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