Industrial Production Products & Services

Portable Generators: Market Size, Growth & Forecast to 2030

The Portable Generators market is valued at about $5.63 billion (2026) and is projected to grow at a 6.5% CAGR through 2030. The largest cost driver is Raw Materials (Steel, Copper, Aluminum) (40% of spend). Asia Pacific leads demand at 34%.

Market size
$5.63 bn (2026)
CAGR to 2030
+6.5%
Buyer power
Favours buyers
Tracked suppliers
45
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 6.5% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 137

Cost structure

Raw Materials (Steel, Copper, Aluminum)
40%
Engine Parts and Electrical Components
25%
Direct Labor and Assembly
15%
Logistics and Ocean Freight
12%
Factory Overhead and Energy Costs
8%

Regional demand split

Asia Pacific demand
34%
North America demand
32%
Europe demand
18%
Middle East and Africa demand
10%
Rest of world demand
6%

Key suppliers

Generac Holdings Inc.Honda Motor Co. Ltd.Yamaha Motor Co. Ltd.Cummins Inc.Caterpillar Inc.Champion Power Equipment
Read the full Portable Generators report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/portable-generators