Report Description

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.