Portable Generator Market in United States to be Dominated by Industrial Segment

According to the TechSci Research report,?“United States Portable Generator Market - By Region, Competition, Forecast & Opportunities, 2018-2028.”The United States portable #generator market is expected to grow during the forecast period, 2024-2028. The #COVID -19 pandemic in 2020 increased the need for portable generators across the country as temporary testing and treatment facilities and grid interruptions necessitated the need for portable electricity. A number of factors, such as the expanding demand for energy, the unstable grid #infrastructure , the need for solutions for emergency backup power, and the necessity for a steady supply of #electricity , are driving the market for portable generators. Furthermore, the requirement for a reliable and consistent electrical supply has led to the development of backup #power systems and portable generators, both of which are lightweight and portable. Nevertheless, because of the increased demand for battery backup systems and other greener sources of standby power, it is projected that the market for portable generators is expected to?see growth limitations.

The market in the United States is primarily driven by the rising need for energy. The increased energy use in the commercial, residential, and industrial sectors may be used to support this. For instance, the use of portable generators for power equipment such as air hammers, compressors, drives, and drills in the construction sector is on the rise. Together with this, the market is being considerably supported by the rising need for dependable backup power as a result of blackouts, as portable generators offer a practical and dependable power source. Moreover the market is benefiting from the increased use of portable generators for outdoor power events, lights, and small appliances. Furthermore, a good market view is produced by a large number of producers who provide products with cutting-edge features including remote starters, automated shutoffs, and safety constructions.

The transmission and distribution of #energy form the foundation of the country's power infrastructure. Higher power demands are too much for outdated transmission systems to manage, and in exceptional cases, they may even malfunction and cause a power outage. Transmission and distribution networks in affluent countries were established up quite some time ago, and even with periodic maintenance, the infrastructure is certain to deteriorate after a certain length of time. According to the national association of governing utility commissioners in the US, coal, gas, and nuclear power plants may keep operating efficiently for around 40 years. The country has been concentrating on modernizing its outdated power generation, transmission, and distribution infrastructure in an effort to reduce power disruptions. This is due to the fact that these power production sources' life cycles are almost at an end.

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The United States Portable Generator market is further divided into power rating, fuel type, application, and end use. Based on power rating, the market is further segmented into below 5kW, 5kW-10kW, and above 10kW. Based on fuel type the market is segmented into #gasoline , diesel, natural #gas , and others. Based on application, the market is further bifurcated into temporary and primary. Based on end use, the market is segmented as residential, commercial and industrial. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among?North East, Midwest, West, and South.

Based on end use, the Unites States portable generator market is segmented into residential, commercial and industrial. The industrial end use segment is expected to boost in the upcoming years and register a significant CAGR during 2024-2028. This is a result of countries such as the US investing more in infrastructure to construct roads, railroads, and parking lots for commercial properties. For instance, the Federal Highway Apportionments for highways and bridges for the fiscal years 2022 and 2023 were announced by the U.S. Department of Transportation (USDOT) and Federal Highway Administration (FHWA) at around USD120 billion. Moreover, it is projected that the industrial segment would grow alongside the manufacturing sector.

In terms of fuel type, the gasoline industry is expected to command the largest market share during the forecast period, while the natural gas industry is anticipated to expand more quickly during the forecast period, from 2024 to 2028. Gasoline portable generators are substantially less expensive when used to power portable generators for a shorter period of time due to the number of fuel stations, which is anticipated to increase demand. The market for gas generators has also been affected by escalating concerns over diesel maintenance and fueling issues, declining natural gas fuel prices, growing awareness of natural gas as a dependable and clean fuel, and a general desire to be more environmentally conscious. Hence, it is projected that the simple availability of fuel is expected to continue and?have a positive impact on the expansion of the market for portable generators during the upcoming years, 2024-2028.

Key market players in the United States portable generator market include:

• 康明斯
• 卡特彼勒
• American Honda Motor Company, Inc.
• Generac
• Briggs & Stratton LLC
• Yamaha Motor Corporation, USA (YMUS)
• Champion Power Equipment Inc.
• WINCO Generators
• Gillette Generators, Inc.
• Northern Tool and Equipment Company

“The United States Portable Generator market is expected to grow during the forecast period and register a high CAGR during 2024-2028 because of the increasing demand for electricity, the erratic nature of the grid, the desire for a reliable supply of electricity, the need for emergency backup power, and all of the above. Severe weather events, such as heavy rain, heat waves, storms, hurricanes, and fog, also interfere with the regular power supply, forcing many businesses to employ backup power sources. In the United States, the Bipartisan Infrastructure Investment and Jobs Act will reauthorize the surface transportation program for the next five years in the United States and invest 110 billion USD in new funds for the construction of?highways, bridges, and large projects. This builds on earlier bipartisan surface transportation reauthorization bills that were approved by the?committee. Many government initiatives also support the infrastructure sector.

For instance, in the United States, in September 2021, the Department of Agriculture reported investing USD 464 million in a range of initiatives, including the development or upkeep of renewable energy infrastructure to support rural communities.?Therefore, the market for portable generator across the United States is expected to rise during the forecast period, 2024-2028F,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

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“United States Portable Generator Market Segmented By Power Ratings (Below 5kW, 5kW-10kW, and Above 10kW), By Fuel Type (Gasoline, Diesel, Natural Gas, and Other), By Application (Temporary and Primary), By End Use (Residential, Commercial, and Industrial), By Region, Competition, Forecast & Opportunities, 2028F”,?has evaluated the future growth potential of a portable generator and provides statistics and information on market structure, size, share, and future #growth . The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States portable generator market.

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