Australia gasoline generator market size is projected to shrink at CAGR of 3.9% during 2024-2030

Portable generators on the basis of types generated the highest revenue share in Australia Gasoline Generator Market – 6Wresearch

In 2023, the highest revenue share in the market was attained by portable generators owing to their ease of movement as well as transportability. These generators are well-suited for diverse applications such as travel, outdoor events, construction sites, and emergencies.

According to 6Wresearch, Australia gasoline generator market size is projected to shrink at CAGR of 3.9% during 2024-2030. Gasoline generators offer a wide range of solutions for the Australian market such as job site generators for construction sites without access to a power outlet, home backup generators, and generators built for recreational purposes. Australia gasoline generator market is anticipated to experience significant growth in the forecast period, on account of the increasing occurrence of natural disasters like floods, cyclones, and hurricanes across Australia driving the demand for disaster management equipment, including gasoline generators as power backup to provide electricity during rehabilitation, and restoration. Additionally, real estate development, as each dwelling potentially requires a gasoline generator, thereby contributing further to the market's growth.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, residential sector is the major contributor to the market growth due to the impact of natural disasters in northern Australia, as well as the northwest region of Western Australia areas resulting in loss of grid connectivity. Thus, the population has to incur frequent power outages due to extreme weather, and the portable nature of gasoline generators, coupled with the ease of maintenance. Is a suitable power backup solution.

The Australia Gasoline Generator Market (2024-2030) report provides an in-depth analysis with 25 figures and 12 tables, covering 83 pages. The report comprehensively covers the market by type, power output, end-users, and region. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.