SHERIDAN, WYOMING, USA, February 15, 2022 /EINPresswire.com/ — According to the latest report of the IMARC group, entitled “United States portable generators market share: Industry Trends, Size, Growth, Opportunities and Forecast 2021-2026”, the portable generator market in the United States reached a value of US$1.3 billion in 2020. Looking ahead, the group IMARC expects the market to grow at a CAGR of 3.3% during 2021-2026.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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A portable generator is a reliable, compact and easy to use source of energy. It consists of an internal combustion engine, alternator, starter, fuel tank and outlets which are assembled on a metal frame into a single unit. Since it is an essential backup power source, it is widely deployed in hospitals, restaurants, shopping complexes, stores, homes and construction sites to provide temporary backup electricity during power outages.
The market in the United States is mainly driven by the growing need for backup power during blackouts. 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 increase in construction activities in the region is also providing impetus for the growth of the market. Since these generators are widely deployed in the construction site to power the construction tools and equipment efficiently and uninterruptedly, this acts as a major growth factor. Some of the other factors favorably impacting the growth of the market across the country include rapid technological advancements including the advent of twin-cylinder technology and the introduction of product variants running on biofuels.
Competitive Analysis and Segmentation of the United States Portable Generators Market 2021-2026:
Competitive landscape with key players:
The competitive landscape of the United States Portable Generators Market has been studied in the report along with the detailed profiles of key players operating in the market.
Key Market Segmentation:
The report has segmented the US portable generator market on the basis of fuel type, application, power output and region.
Breakdown by type of fuel:
Portable diesel generators
Portable gas generators
Breakdown by application:
Breakdown by output power:
Less than 3kW
More than 10kW
Breakdown by region:
Explore the full report with table of contents and list of figures: https://www.imarcgroup.com/united-states-portable-generator-market
Main highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market drivers and success factors
The impact of COVID-19 on the global market
Value chain analysis
Structure of the global market
Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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