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.
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This report 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.
5 Key Insights from the Report
- In 2017 and beyond, North America will remain the largest market for portable inverter generators, with growing consumer base for powering outdoor electricity applications.
- The demand for portable inverter generators in Europe will gain traction towards 2026-end, while the Asia-Pacific excluding Japan (APEJ) region will spearhead the global portable inverter generators market with respect to manufacturing.
- In terms of fuel, more than 1 Bn gasoline portable inverter generators have been sold in the global market by the end of 2017.
- Demand for diesel portable inverter generators is expected to pick up pace by registering 11.1% CAGR over the forecast period.
- Throughout the forecast period, a majority of portable inverter generators sold in the global market will equipped with a power capacity of 1000-2000 watts.
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.
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Competition Tracking
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, and Xinapse Systems Ltd. are observed as the key companies manufacturing and supplying portable inverter generators across the globe.
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