Portable Generator Market Size

Portable Generator Market size was over USD 5.07 billion in 2024 and is anticipated to reach USD 10.3 billion by the end of 2037, growing at around 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of portable generator is assessed at USD 5.3 billion.

The reason behind this boost is credited to the increasing power outages attributed to the extreme changes in weather conditions and cases such as natural disasters, and many more. According to a report by the National Centers for Environmental Information in 2024, the U.S. has experienced an average of about 18 billion USD in climate disasters each year, with about 18 climate disasters in 2022 causing a total of more than 175.2 billion USD in damage and resulting in 474 fatalities.