The companies listed in the portable inverter generator market are Cummins, Kirloskar Oil Engines Limited, Briggs & Stratton, Kohler, Generac Power Systems, Yamaha Motor Co. and Honda Motor Co. Caterpillar, Atlas Copco, Honeywell International, Wacker Neuson SE, Deere & Company, Champion Power Equipment, DuroMax Power Equipment, FIRMAN Power Equipment, Westinghouse Electric Corporation, WEN Products, A-iPower, Mitsubishi Heavy Industries, HIMOINSA
Newark, DL. , April 25, 2022 (Globe Newswire) – In 2021, the portable inverter generator market was valued at over US$1.9 billion and is expected to grow at a compound annual growth rate of 6.9% from 2022 to 2032.
The Annual installation of global industry It is expected to exceed 3.7 million units. development mobile power demand Pushed the world to embrace portable generators It can generate electricity at the user’s leisure. During the forecast period, more Portable Inverter Gasoline Generators It is expected to be sold.
With the ever-changing requirements of individual consumers regarding energy use and the increasing prevalence of electronic devices, portable generators They are looking for new utility applications. However, as the global power grid strives for sustainability, the blackouts are costing millions of dollars in lost revenue.
The list of major players covered in the Portable Inverter Generators Market are:
Briggs and Stratton Corporation
Yamaha Motor Co., Ltd.
Honda Motor Co., Ltd.
Honeywell International Corporation
Mitsubishi Heavy Industries Co., Ltd.
Walker Neuson SE
DuroMax Power Equipment
Deere & Company and generac Holdings Inc.
Compared to conventional generatorsand merge it Inverter technology in generators It contributes to producing a higher maximum power quality with minimal increases in current. The Microprocessors in inverter generators It can calculate the amount of energy consumed and then control and regulate the speed of the generator to improve Equipment power consumption.
Developed countries are seeing an increase in the abuse of available power. Developing countries struggle to reduce challenges in their electricity distribution network, resulting in disparities in global power distribution network and increase Demand for portable inverter generators.
The main takeaway:
In 2021, market Portable Inverter Generators From 1 KVA To 2 KVA It will exceed 915 million US dollars. This will help the growing consumer preference for units with smaller surface area and greater portability Generators maintain dominance in Portable Inverter Generators Market.
The gasoline segment is expected to expand at a compound annual growth rate of 7% until 2022-2032. Due to its low cost and portability, gasoline is the most Popular Fuel For Inverter Generators.
Besides its unlimited availability, gasoline is preferred in Air Cooled Standby Generators. Because of their user friendly control panel, inverter generators Quiet and easy to operate, affecting Portable Inverter Generators Market.
no file Ignition system in portable diesel generators It ensures low maintenance costs and low ignition risks, as well as a longer life span. Inverter Portable Diesel Generator It can operate in various environments and handle high power loads for extended periods.
North America Portable Generator Market owns 35% revenue share in 2021, due to insufficient power supply and increased demand for continuous & reliable power source. Due to the increase in commercial and construction activities, the European market is expected to grow at a compound annual growth rate of 5% by 2032.
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Cummins, Kirloskar Oil Engines Limited, Briggs & Stratton, Kohler, Generac Power Systems, Yamaha Motor Co. , Honda Motor Co. , Caterpillar, Atlas Copco, Honeywell International, Wacker Neuson SE, Deere & Company, Champion Power Equipment, DuroMax Power Equipment, FIRMAN Power Equipment, Westinghouse Electric Corporation, WEN Products, A-iPower, Mitsubishi Heavy Industries and HIMOINSA are among others. The major players operating in the portable inverter generator market. to meet the formidable Portable Inverter Generator Market Competitionthe major players are leading the way towards digital developments while shaping mergers and acquisitions.
Recent Developments in Portable Inverter Generators Market:
Cummins introduced the QG 2800i and 2500i, which are 60 percent quieter inverter generators for the recreational vehicle market, In January 2021. They are operated by Gasoline and liquid propane (LP). Onan QG 2800i and 2500i have 2.8 kW and 2.5 kW iInverter based generator Kits designed mainly for Class B and camper vans.
Honda launched the Honda My Generator Bluetooth app in September 2019, allowing users to get started (electric start models only), stopping and monitoring critical operations of Honda portable generators Via the Bluetooth interface on the smartphone.
Generac acquired Pika, a manufacturer of home energy storage systems, in May 2019. The acquisition combined the capabilities of Pika with Mobile industrial and commercial generators.
Ask the analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-14336
1. Executive Summary
1.1 Global Market Outlook
1.2 Statistics summary
1.3 Main market characteristics and features
1.4 Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Rating
2.2. Market Definition / Scope / Limitations
3. Assessment of market trends and risks
3.1 Risk Assessment
3.1.1. COVID-19 Crisis And Its Impact On The Demand For Portable Inverter Generators
3.1.2. Measure the impact of COVID-19 with the previous crisis
3.1.3. Impact on Market Cap (US$ Million)
3.1.4. Rating by major countries
3.1.5. Assessment by key market segments
3.1.6. Action points and recommendations for suppliers
3.2 Main trends affecting the market
3.3 Formulation and Product Development Trends
4. Market background and foundational data points
4.1 Portable Generators Market, By Major Countries
4.2 Assessment of Portable Inverter Generators Market Opportunity (US$ Million)
4.2.1. Total Available Market
4.2.2. addressable marketplace
4.2.3. Obtainable market for the service
4.3 Market Scenario Forecast
4.3.1. Demand in an optimistic scenario
4.3.2. Demand in a possible scenario
4.3.3. Demand in the conservative scenario
4.4 Investment Feasibility Analysis
4.4.1. Investing in existing markets
220.127.116.11. in the short term
18.104.22.168. over a long time
4.4.2. Investing in emerging markets
22.214.171.124. in the short term
126.96.36.199. over a long time
4.5 Predictive Factors – Relevancy and Impact
4.5.1. The historical growth of the largest companies
4.5.2. Global Portable Inverter Generator Market Growth
4.5.3. Approval rate of portable inverter generators by country
4.6 Market dynamics
4.6.1. Market drivers and impact assessment
4.6.2. Key market challenges and impact assessment
4.6.3. Portable Inverter Generators Market Opportunities
4.6.4. Prominent trends in the global market and their impact assessment
5. Key success factors
5.1 Manufacturers focus on low-growth markets
5.2 Banking with segments with a high increasing opportunity
5.3 Peer comparison
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