Increasing need for portable power has driven the world towards adopting devices that can generate electricity at the user’s convenience.
Consumers, particularly homeowners, around the globe are purchasing portable inverter generators to enable themselves with an ideal power source for moving around a fixed physical space such as living room, cafeteria or garden.
Rising occurrence of power outages has also propelled the demand for portable inverter generators.
With power grids in developed as well developing countries incurring a stand still due to circuit failures, companies and individuals are suffering from huge losses, which are collectively summing up to millions of dollars.
Regularized power supply continues to remain a challenge in underdeveloped parts of the world, and these countries are emerging to become the strongest consumer base for portable inverter generators.
In such places, fuels such as diesel and gasoline are easy available, while the access to proper electricity supply remains nascent.
Manufacturers of portable inverter generators are actively focusing on tapping such markets for catering to the power needs of the consumers.
In addition to the growing instability in the global power distribution network, a steadfast proliferation of electronic devices in consumer lifestyles is also driving the demand for portable inverter generators.
For outdoor purposes, lack of electricity access is now being overstepped as a challenge as portable inverter generators are being used by campers and adventurists across the globe.
However, the key downside towards the growing adoption of portable inverter generators is the use of fossil fuels in generation of raw electricity.
Currently, diesel and gasoline are the key fuels used for powering up portable inverter generators, and overconsumption of these fuels is spiking the environmental imprint of these devices.
With more portable inverter generators being sold every year, the global consumption of such limited fossil fuels has surged, creating a global environmental distress.
As a result, manufacturers are being supervised with respect to their production capacities, and more R&D work is being commissioned to develop portable inverter generators that can run of biodegradable fuels such as biogas.
According to the recently published report by Fact.MR, the global market for portable inverter generators is expected to expand robustly at a CAGR of 9.9% during the forecast period.
The study projects that by the end of 2026, more than 3.3 Bn units of portable inverter generators will be sold globally. A regional analysis developed in the report further reveals that North America will represent the largest market for portable inverter generators through 2026.
High Demand for Gasoline Portable Invertor Generators with 1000-2000 W Power Capacity
The report has analyzed the global portable inverter generators market on the basis of the fuels used and the power capacity.
In terms of sales, more units of gasoline portable inverter generators are expected to be sold globally during the forecast period.
Through 2026, diesel portable inverter generators will register fastest growth at a CAGR of 11.1%. With respect to the power capacity, 2000-3000 watt and 3000-4000 watt segments will register fastest growth at a CAGR of 10.7%, while over 1 Bn portable inverter generators with 1000-2000 watt power capacity will be sold in the global market by the end of 2026.
The report has profiled leading manufacturers of portable inverter generators, and these companies are expected to remain active in the expansion of the global portable inverter generators market through 2026.
- Honda Motor Co., Ltd.
- Yamaha Motor Co. Ltd.
- Generac Holdings Inc
- Champion Power Equipment Inc.
- Hyundai Motor Company
- Toshiba Corporation
- Wuxi Kipor Power Co. Ltd.
- Briggs & Stratton Corporation
- Lifan Industry (Group) Co. Ltd.
- Ryobi Limited
- Subaru Corporation
- Sciencesoft USA Corporation
- Siemens Healthineers
- Toshiba Medical Systems Corporation
- Xinapse Systems Ltd.
are observed as the key companies manufacturing and supplying portable inverter generators across the globe.
Portable Inverter Generator Market Scope Of The Report
With changing demands of individual consumers on power usage and growing proliferation of electronic devices, portable inverter generators are finding new avenues of utility.
As the global power grid continues to strive for sustainability, electricity outages continue to cost a loss worth millions of dollars.
While developing countries are struggling to lower the challenges in their electricity distribution network, developed markets are witnessing a growing abuse of the available power.
This has created a disparity in global power distribution network and spurred the demand for portable inverter generators.
This report, compiled by Fact.MR, provides in-depth analysis of the global portable inverter generators market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
The scope of the Fact.MR’s report is to analyze the global portable inverter generator market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers.
Portable inverter generators manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report.
In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report.
The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global portable inverter generators market.
The report introduces the current scenario of the market for portable inverter generators. The executive summary section of the report offers information regarding the future scope of the global portable inverter generators market. Brief information on the vital aspects, facts, and statistics on the global portable inverter generators market is emphasized in this section.
This section offers an overview of the global portable inverter generators market. This section comprises definition of the product – portable inverter generators, along with key insights on dynamics playing an important role towards the growth of the market.
The overview also includes market value and year-on-year growth defining the future progress and decline of the global portable inverter generators.
Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.
In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors. The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.
The report further provides information on various technological advancements in the global portable inverter generators market.
Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of portable inverter generators.
With advancements in technology, keeping an eye on the latest trends and developments is important for portable inverter generators manufacturers to frame key business strategies. Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.
Considering the broad-scope of the global portable inverter generators market, the report offers in-depth insights on the forecast and segment-wise analysis.
The portable inverter generators market has been segmented on the basis of fuel type, power, and region. This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.
In the final section, the report offers information on the key competitors, along with a board view of the market players and company analysis.
This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global portable inverter generators market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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