Global Portable Inverter Generator Market Growth 2023-2029

Global Portable Inverter Generator Market Growth 2023-2029

Inverter generators are a relatively recent development, made possible by advanced electronic circuitry and high-tech magnets. These are generally 3-phase generators that output AC current like most traditional generators, but that current is then converted to DC, and then “inverted” back to clean AC power that maintains a single phase, pure sine wave at the required voltage and frequency.

When compared to conventional generators, inverter generators are a recent development, made entirely of high tech magnets and electronic circuitry. They basically output AC energy like all other types of generators do, but do it in a 3 phase form. While outputting the AC current, they convert the current to DC form, and then invert it back to AC current while it is pure and smooth; in a pure sine wave. Inverter generators are incredibly smaller in size when compared to their counterparts. They also produce relatively good amounts of power, although conventional generators beat them in terms of fuel storage capabilities, obviously resulting in more power. Don’t get it wrong though, as inverter generators uses modern technology to maximize their use of fuel and running time, thereby producing much more power in the long run. They also run at varying speeds, thereby increasing their efficiency.
Conventional generators on the other hand run at a constant speed, but they lack features such as sound dampening technology, quiet engines or mufflers. They also come in varying watts, ranging from 500w to 50,000w with the higher watt generators producing much more energy to run big industries and companies.
LPI (LP Information)' newest research report, the “Portable Inverter Generator Industry Forecast” looks at past sales and reviews total world Portable Inverter Generator sales in 2022, providing a comprehensive analysis by region and market sector of projected Portable Inverter Generator sales for 2023 through 2029. With Portable Inverter Generator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Portable Inverter Generator industry.
This Insight Report provides a comprehensive analysis of the global Portable Inverter Generator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Portable Inverter Generator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Portable Inverter Generator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Portable Inverter Generator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Portable Inverter Generator.
The global Portable Inverter Generator market size is projected to grow from US$ 2302.9 million in 2022 to US$ 4656.3 million in 2029; it is expected to grow at a CAGR of 4656.3 from 2023 to 2029.
Key players are mainly from North America, which profiled in the report are Honda Power Equipment, Yamaha, Generac, Champion, Hyundai, Powermate, Westinghouse, Kipor, Briggs&Stratton and Lifan, totally got about 45% market shares.
North America is the largest consumption place, with a consumption market share nearly 25%. Following North America, Europe is the second largest consumption place with the consumption market share of 23%.
This report presents a comprehensive overview, market shares, and growth opportunities of Portable Inverter Generator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 1000 Watt
1000-2000 Watt
2000-3000 Watt
3000-4000 Watt
Others
Segmentation by application
Outdoor Sports
Home Use
Outdoor & Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honda
Yamaha
Generac
Champion
Hyundai
Powermate
Westinghouse
Kipor
Briggs&Stratton
Lifan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Portable Inverter Generator market?
What factors are driving Portable Inverter Generator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Portable Inverter Generator market opportunities vary by end market size?
How does Portable Inverter Generator break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.