Global Single Phase Portable Generator Market Overview
As per MRFR analysis, the Single Phase Portable Generator Market Size was estimated at 4.8 (USD Billion) in 2022. The Single Phase Portable Generator Market Industry is expected to grow from 5.14 (USD Billion) in 2023 to 9.6 (USD Billion) by 2032. The Single Phase Portable Generator Market CAGR (growth rate) is expected to be around 7.17% during the forecast period (2024 - 2032).
Key Single Phase Portable Generator Market Trends Highlighted
The Single Phase Portable Generator Market is estimated to grow fourfold with regard to the future, which will be driven by factors such as rising backup support demand in power outages, rise in construction work and expansion of outdoor activities. In such growth, expansion of the existing working regions mainly includes those of many developing countries where still the infrastructural development is poor and electricity access is still not guaranteed. Also, eye-catching power generators that operate with less noise and low fuel consumption are likely to stimulate the market. Other recent trends include the increasing adoption of wireless remote monitoring systems, which enables users to keep control of their generators and manage them without physical presence. The growing concern about the environmental sustainability of conventional fuels has also catalyzed the acceptance of green power plants that run on alternative or renewable fuels.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Single Phase Portable Generator Market Drivers
Rising Demand for Backup Power during Outages
The increasing frequency and severity of power outages worldwide have spurred the demand for backup power solutions, driving the growth of the Single Phase Portable Generator Market Industry. Residential and commercial establishments seek reliable power sources to maintain essential operations and prevent data loss during grid failures. Portable generators offer a convenient and cost-effective solution, as they can be easily deployed and operated in various locations.The rising demand for uninterrupted power supply, particularly in regions with unstable grid infrastructure, is a significant market driver.
Growth in Construction and Infrastructure Development
The expanding construction and infrastructure sectors contribute to the growth of the Single Phase Portable Generator Market Industry. Construction sites often require temporary power sources for tools, equipment, and lighting, and portable generators fulfill this need effectively. Moreover, the development of new infrastructure projects, such as remote communication towers, renewable energy installations, and water treatment facilities, drives the demand for portable power solutions.These projects often operate in areas without reliable grid connectivity, making portable generators essential for ensuring uninterrupted operations.
Increasing Adoption in Recreational and Outdoor Activities
The growing popularity of outdoor recreation and camping activities has fueled the demand for portable generators. Adventurers and enthusiasts rely on portable generators to power appliances, lighting, and electronic devices in remote locations where grid access is limited. The versatility and convenience of portable generators make them ideal for camping, tailgating, and other outdoor events. Additionally, the rising trend of van life and off-grid living has contributed to the increased adoption of portable generators among individuals seeking self-sufficiency and independence.
Single Phase Portable Generator Market Segment Insights
Single Phase Portable Generator Market Fuel Type Insights
The Single Phase Portable Generator Market segmentation by fuel type includes gasoline, diesel, LPG, and natural gas. Gasoline generators are the most popular type, accounting for over 60% of the market revenue in 2023. They are lightweight, portable, and relatively inexpensive to purchase and operate. Diesel generators are more expensive than gasoline generators but offer longer runtimes and are more fuel-efficient. LPG generators are a good option for areas where natural gas is not available and offer a cleaner burn than gasoline or diesel.Natural gas generators are the most expensive type but offer the lowest operating costs and are the most environmentally friendly. The growth of the market is attributed to the increasing demand for portable power in various applications, including construction, industrial, and residential.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Single Phase Portable Generator Market Power Output Insights
The Single Phase Portable Generator Market is segmented by power output into 'Up to 5kW', '5-10kW', '10-15kW', '15-20kW', and 'Above 20kW'. The "Up to 5kW" segment is expected to hold the largest market share in 2023, accounting for approximately 35.5% of the Single Phase Portable Generator Market revenue. This dominance can be attributed to the high demand for these generators for residential and light commercial applications. The "5-10kW" segment is projected to witness significant growth over the forecast period, owing to the increasing adoption of these generators in small businesses and construction sites.The "10-15kW", "15-20kW", and "Above 20kW" segments are anticipated to experience moderate growth, driven by their use in larger commercial and industrial applications.
Single Phase Portable Generator Market Application Insights
The Single Phase Portable Generator Market segmentation by Application into Residential, Commercial, Industrial, and Recreational provides insights into the diverse usage of portable generators across various sectors. The residential segment is expected to hold a significant market share due to the rising demand for backup power during outages and emergencies. The commercial segment is driven by the increasing adoption of portable generators in small businesses, retail stores, and construction sites to ensure uninterrupted operations. The industrial segment utilizes portable generators as a backup power source for critical equipment and processes, supporting the smooth functioning of manufacturing facilities.The recreational segment caters to outdoor enthusiasts and event organizers, providing power for camping, tailgating, and festivals. Each segment presents unique growth opportunities for manufacturers as they adapt their products to meet the specific requirements of different end users.
Single Phase Portable Generator Market Noise Level Insights
The noise level segment plays a crucial role in the Single Phase Portable Generator Market segmentation. It categorizes generators based on the noise they produce during operation. The market offers various noise level options to cater to diverse customer needs. Among the noise level segments, 'Below 60 dBA' is projected to hold a significant market share. Generators in this segment are quieter and suitable for applications where noise reduction is a priority, such as residential areas, camping, and sensitive work environments. The '60-70 dBA' segment also holds a substantial market share, as these generators offer a balance between noise output and power generation, making them suitable for construction sites and outdoor events.The '70-80 dBA' segment is expected to witness steady growth due to its higher power output compared to quieter segments. These generators are often used in industrial settings, construction sites, and emergency backup systems. The 'Above 80 dBA' segment caters to applications requiring maximum power output, such as heavy-duty industrial machinery and large construction projects. Overall, the noise level segment offers a wide range of options for customers to choose the optimal generator for their specific requirements. The market data suggests that the Single Phase Portable Generator Market is expanding rapidly, driven by increasing demand for reliable and portable power sources.
Single Phase Portable Generator Market Features Insights
The Single Phase Portable Generator Market is segmented by Features into Electric Start, Remote Start, Inverter Technology, and Battery Charger. Among these, the Inverter Technology segment is expected to dominate the market with a significant market share in 2023. Inverter Technology provides clean and stable power, making it suitable for sensitive electronic devices. The Electric Start segment is also expected to witness substantial growth due to its convenience and ease of use. Remote Start and Battery Charger segments are projected to contribute moderately to the overall market growth.The Single Phase Portable Generator Market is expected to reach a market valuation of 9.6 Billion USD by 2032, expanding at a CAGR of 7.17% from 2023 to 2032.
Single Phase Portable Generator Market Regional Insights
The regional segmentation of the Single Phase Portable Generator Market offers valuable insights into the market's growth dynamics and competitive landscape. North America is anticipated to hold a significant market share, driven by the increasing demand for portable power solutions in residential and industrial sectors. Europe follows closely, with a growing focus on renewable energy and off-grid applications. The APAC region is expected to witness substantial growth due to rapid urbanization and infrastructure development. South America and MEA are emerging markets with promising growth potential as they seek to address the need for reliable and affordable power generation.In 2023, North America held a revenue share of around 35%, while APAC accounted for approximately 30% of the Single Phase Portable Generator Market revenue.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Single Phase Portable Generator Market Key Players And Competitive Insights
Major players in the Single Phase Portable Generator Market industry are constantly striving to develop innovative products and technologies to gain a competitive edge. Leading Single Phase Portable Generator Market players are investing heavily in research and development to improve the efficiency, reliability, and performance of their products. The Single Phase Portable Generator Market Competitive Landscape is highly fragmented, with numerous players competing for market share. Key players are focusing on strategic partnerships and acquisitions to expand their product portfolios and geographical reach. Mergers and acquisitions are also a common strategy for Single Phase Portable Generator Market development, enabling companies to consolidate their market positions and gain access to new technologies and markets.Honda is a leading player in the Single Phase Portable Generator Market, renowned for its high-quality and reliable products. The company has a strong brand reputation and a wide distribution network, which has contributed to its success in the market. Honda offers a range of single-phase portable generators designed for various applications, including residential, commercial, and industrial use. The company's generators are known for their durability, fuel efficiency, and ease of use. Honda also offers a comprehensive warranty and support program, which further strengthens its position in the market.Another key player in the Single Phase Portable Generator Market is Generac Power Systems. Generac is a leading provider of backup power solutions, including portable generators. The company offers a wide range of single-phase portable generators for both residential and commercial use. Generac's generators are known for their reliability, durability, and ease of maintenance. The company also offers a range of accessories and attachments to enhance the functionality of its generators. Generac has a strong presence in North America and is expanding its reach into other regions through strategic partnerships and acquisitions.
Key Companies in the Single Phase Portable Generator Market Include
- Firman Power Equipment
- Echo Power Equipment
- Kohler Co
- Hyundai Power Equipment
- Champion Power Equipment
- TroyBilt
- All Power Equipment
- Westinghouse Outdoor Power Equipment
- Honda Motor Company
- DuroMax Power Equipment
- Ryobi
- Generac Power Systems
- Briggs Stratton
- Ridgid Power Tools
- Yamaha Motor Company
Single Phase Portable Generator Market Industry Developments
The global single-phase portable generator market is projected to reach USD 9.6 billion by 2032, exhibiting a CAGR of 7.17% during the forecast period. Rising demand for backup power solutions in residential and commercial sectors, coupled with increasing power outages, are driving market growth. Furthermore, advancements in fuel efficiency and emission control technologies are expected to boost product adoption. Key industry participants are focusing on product innovation and strategic collaborations to gain a competitive edge. Recent developments include the launch of ultra-quiet generators, remote monitoring systems, and generators with extended run times. In emerging markets, the growing adoption of single-phase portable generators for powering remote communities and construction sites is presenting significant growth opportunities.
Single Phase Portable Generator Market Segmentation Insights
- Single Phase Portable Generator Market Fuel Type Outlook
- Gasoline
- Diesel
- LPG
- Natural Gas
- Single Phase Portable Generator Market Power Output Outlook
- Up to 5kW
- 5-10kW
- 10-15kW
- 15-20kW
- Above 20kW
- Single Phase Portable Generator Market Application Outlook
- Residential
- Commercial
- Industrial
- Recreational
- Single Phase Portable Generator Market Noise Level Outlook
- Below 60 dBA
- 60-70 dBA
- 70-80 dBA
- Above 80 dBA
- Single Phase Portable Generator Market Features Outlook
- Electric Start
- Remote Start
- Inverter Technology
- Battery Charger
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.8 (USD Billion) |
| Market Size 2023 |
5.14 (USD Billion) |
| Market Size 2032 |
9.6 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
7.17% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Firman Power Equipment, Echo Power Equipment, Kohler Co, Hyundai Power Equipment, Champion Power Equipment, Troy-Bilt, All Power Equipment, Westinghouse Outdoor Power Equipment, Honda Motor Company, DuroMax Power Equipment, Ryobi, Generac Power Systems, Briggs Stratton, Ridgid Power Tools, Yamaha Motor Company |
| Segments Covered |
Fuel Type, Power Output, Application, Noise Level, Features, Regional |
| Key Market Opportunities |
Growing demand for backup power in residential and commercial settings Increasing adoption in construction and industrial applications The rising popularity of outdoor activities and recreational vehicles Technological advancements and improved fuel efficiency Expansion into emerging markets with limited grid infrastructure |
| Key Market Dynamics |
Rising demand for backup power Technological advancements Increasing construction activities Growing awareness of environmental concerns Expanding rental market. |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Single Phase Portable Generator Market is expected to be valued at 5.14 billion USD in 2023.
The Single Phase Portable Generator Market is projected to reach a valuation of 9.6 billion USD by 2032.
The Single Phase Portable Generator Market is expected to grow at a CAGR of 7.17% from 2024 to 2032.
North America is expected to hold the largest market share in the Single Phase Portable Generator Market.
The residential segment is projected to account for the highest demand in the Single Phase Portable Generator Market.
Some of the key competitors in the Single Phase Portable Generator Market include Generac, Honda, Yamaha, Briggs Stratton, and Kohler.
The growing demand for backup power during power outages is a key factor driving the growth of the Single Phase Portable Generator Market.
The high cost of portable generators and the noise they produce are some of the challenges facing the Single Phase Portable Generator Market.
The increasing adoption of smart generators and the growing popularity of rental services are some of the key trends emerging in the Single Phase Portable Generator Market.
Environmental regulations are expected to have a positive impact on the Single Phase Portable Generator Market, as they will drive demand for cleaner and more efficient generators.
