Power lines in residential and commercial areas are prone to suffering damage due to strong winds, heavy rains and lightning, which are common in areas with typhoon and hurricane seasons. While larger businesses such as grocery stores and pharmacies are often equipped with commercial standby generators ready to supply power during the resulting outages, smaller establishments and residential properties are still affected by a loss of power. To avoid this inconvenience, which can result in considerable economic losses if power is not restored for an extended period of time, a growing number of consumers are investing in high-capacity portable gas generators.
In a recent global portable generator market report from Business Wire that covers the forecast period of 2021 to 2026, this market is estimated to attain a 6.7 percent CAGR and reach a value of $2.5 billion by 2026, from $1.8 billion in 2021. Aside from outages due to severe weather, aging power grids are expected to drive consumer demand for portable generators.
Consumers and small businesses typically want to invest in portable gas generators as they can also be used for outdoor work and recreation. For instance, when working outside and far from any wall outlet, portable generators can provide electricity for work lights and power tools. These units are also considered a good investment for families as they can be taken camping and during outdoor activities, which prevents them from sitting in storage unused except in emergencies.
In Global Sources’ online marketplace, sourcing professionals will find a good selection of portable power generators with varying capacities for all kinds of uses. The products manufactured by trusted suppliers are often available for small orders and open for brand customization.