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According to the new market research report by MarketsandMarkets, the Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 510 kW, 1020 kW), End User (Residential, Commercial, Industrial), and Region - Global Forecast to 2026", is projected to reach USD 2.5 billion by 2026 from an estimated USD 1.8 billion in 2021, at a CAGR of 6.7% during the forecast period. Increasing instances of power outages owing to aging grid infrastructure and extreme weather conditions are the key factors driving the growth of the Portable Generator Market. Increasing adoption of dual fuel and inverter portable generators are expected to offer lucrative opportunities for the Portable Generator Market during the forecast period.

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