Portable Generator Market Analysis

Fuel (Diesel, Gasoline, Gaseous)

Gasoline segment is likely to hold more than 42% portable generator market share by 2037. The segment's lucrative growth can be propelled by its convenience, versatility, and affordability, as there is a high demand for gasoline generators because they are less expensive than other backup power solutions, making it a better option on budget for consumers.

Moreover, gasoline generators are widely used in several applications in homes and businesses during power outages. According to a report by the U.S. Energy Information Administration in 2024, the global production of liquid fluids is expected to cross 1.9 billion b/d by 2025. Additionally, the demand for natural gas portable generators is also increasing owing to their reliability, fuel efficiency, and low emissions. They also offer a clear burning fuel which produces less pollutants.

End User (Residential, Commercial, Industrial)

By 2037, residential segment in the portable generator market is set to reach USD 31 Billion, due to the increase in residential areas along with the necessity for reducing the environmental footprint and becoming more sustainable in our practices. According to a report by the World Bank in 2023, it is slated that about 50% of the population lives in urban areas & by 2045 the global urban population is predicted to surpass 6 billion.

Moreover, the usage of generators that produce lower emissions coupled with the usage of less energy helps to fulfill such objectives, and the generators that use green energy, renewable and alternative fuels can also fulfill the goal of being more environmentally conscious.

Our in-depth analysis of the portable generator market includes the following segments: