With growing proliferation of electronic devices, consumers around the world are facing challenges in procuring suitable power sources. As the global automotive industry and manufacturing sector adopts electrification, complexities in global electricity distribution network prevail. In such scenario, consumers, especially homeowners, are buying portable inverter generators to cater to their power needs in open spaces such as gardens, living rooms and cafeterias. Moreover, the demand for portable inverter generators is gaining traction for being the ideal solution on power outages. While electrical circuit failures are bring down the power grids of an entire city, portable inverter generators are emerging to be viewed as the most valuable commodity in an urban marketplace. Proactive lifestyles of people in several countries has driven the use of portable inverter generators for their outdoor activities such as camping.
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On the other hand, remote areas and rural environments in developing countries are troubled with diminished accessibility to proper electricity supply. This has spurred the demand for portable inverter generators, wherein several households across the globe are being run by such devices. Despite these advantages, there remains to be a key concern impeding the growth of the global portable inverter generators market. Manufacturers are facing flak from environmental protection bodies and governments for developing devices that are adding to the global fossil fuel consumption. With diesel and gasoline being the two key fuels used in powering up portable inverter generators, these devices are becoming an environmental issue for their carbon imprints and volatile emissions.
A new report by Fact.MR has addressed such factors and weighed their impact in terms of influencing the growth of the global portable inverter generators market for the assessment period, 2017-2026. The report projects that by the end of 2026, over 3.3 Bn portable inverter generators will be sold across the globe. The report further reveals that the global portable inverter generators market will expand robustly at 9.9% CAGR during the forecast period. The report also provides value-based market size estimations, along with volume-based market size forecasting for the assessment period.
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.
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The report has profiled key manufacturers of portable inverter generators by tracing their strategic developments and current market standings. Companies namely, Honda Motor Co., Ltd., Generac Holdings Inc., Yamaha Motor Co., Ltd., Hyundai Motor Company, Champion Power Equipment, Inc., Wuxi Kipor Power Co. Ltd., Toshiba Corporation, Ryobi Limited, Briggs & Stratton Corporation, Lifan Industry (Group) Co., Ltd., Sciencesoft USA Corporation, Subaru Corporation, Siemens Healthineers, Xinapse Systems Ltd., and Toshiba Medical Systems Corporation
To deliver a seamless understanding of the Portable Inverter Generator market, the report is divided into 18 sophisticated chapters whose snapshots are provided below.
Chapter 1 – Executive Summary
The report commences with the chapter of the executive summary which delivers brief yet affluent information of the Portable Inverter Generator market. The chapter includes discussion on the market overview, market analysis and market recommendations regarding the Portable Inverter Generator market derived based on Fact.MR’s proprietary wheel of fortune.
Chapter 2 – Market Introduction
In the market introduction chapter, the Portable Inverter Generator market is introduced along with the
market segmentation in the form of market taxonomy. The chapter also introduces the Portable Inverter Generator in the market definition section.
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Chapter 3 – Portable Inverter Generator Market Background
In this chapter, macroeconomic factors, market dynamics, a complete value chain and pricing
analysis with regard to Portable Inverter Generator market is elaborately discussed. Discussion on the
market drivers, restraints, trends and opportunities and their impact on the market forecast is also
covered in this chapter.
Chapter 4 – Global Portable Inverter Generator Market Analysis 2013–2017 and Forecast 2018–2026
This chapter provides the Portable Inverter Generator market size in terms of market volume and value
during the forecast period. Market analysis based on absolute $ opportunity and y-o-y growth of the Portable Inverter Generator market is also covered in this chapter.
Chapter 5 – Global Portable Inverter Generator Market Analysis 2013–2017 and Forecast 2018–2026,
By System Type Based on system types in the Portable Inverter Generator market, the chapter elaborates market size of individual systems and analysis by system types and summary of this section is covered in the chapter.
Chapter 6 – Global Portable Inverter Generator Market Analysis 2013–2017 and Forecast 2018–2026, By Application
Based on applications, Market size of individual applications, their market attractiveness analysis and summary are also covered.
Chapter 7 – Global Portable Inverter Generator Market Analysis 2013–2017 and Forecast 2018–2026, By End User
This chapter elaborates the segmentation of the Portable Inverter Generator market based on end users
including independent end users, Market attractive analysis by end users is also discussed to fathom relative lucrativeness of different end users of the Portable Inverter Generator market.
Chapter 8 – Global Portable Inverter Generator Market Analysis 2013–2017 and Forecast 2018–2026, By Region
With the geographical perspective, the Portable Inverter Generator market is analyzed on a total of seven regions including North America, Latin America, Europe, South East Asia & Pacific, Middle East & Africa, China and Japan. Historical data and prevailing trends in the Portable Inverter Generator market and their influence on the global market performance is discussed in this chapter.