![Global Portable Generator Market](https://res.cloudinary.com/devmoveo/image/upload/v1706006093/skyquest/report/php7mQupQ.jpg)
Report ID: SQMIG20E2066
Report ID:
SQMIG20E2066 |
Region:
Global |
Published Date: July, 2036
Pages:
165
|
Tables:
117 |
Figures:
77
Portable Generator Market size was valued at USD 4.43 billion in 2022 and is poised to grow from USD 4.69 billion in 2023 to USD 7.3 billion by 2031, growing at a CAGR of 5.7% in the forecast period (2024-2031).
The market is expanding as a result of the rapidly expanding construction industry's snowballing adoption of portable generators. In the construction sector, a variety of power tools, including drives, drills, air hammers, and compressors, are frequently used. For innovative building projects, where the majority of work is done at night and in locations where power from power grids cannot be reached, portable generators are frequently used.
The market also is expected to expand significantly as a result of the frequent power outages, poor grid infrastructure in distant areas, and negative environmental effects. Increasing demand for continuous power supply, combined with rising infrastructure activities and rapid urbanization, is another factor expected to push the market growth.
US Portable Generator Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG20E2066