Study on Global Portable Inverter Generator Market Highlights Key Development Factors and Upcoming Trends During forecast 2017-2026

ROCKVILLE, US, 2018-Jul-05 — /EPR Network/ —   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.

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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.

A new report by FactMR 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.

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.

5 Key Insights from the Report

1. In 2017 and beyond, North America will remain the largest market for portable inverter generators, with growing consumer base for powering outdoor electricity applications.
2. 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.
3. In terms of fuel, more than 1 Bn gasoline portable inverter generators have been sold in the global market by the end of 2017.
4. Demand for diesel portable inverter generators is expected to pick up pace by registering 11.1% CAGR over the forecast period.
5. 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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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.

Table of Contents

1. Global Economic Outlook
2. Global Portable Inverter Generator Market – Executive Summary
3. Global Portable Inverter Generator Market Overview
   3.1. Introduction
   3.1.1. Global Portable Inverter Generator Market Taxonomy
   3.1.2. Global Portable Inverter Generator Market Definition
   3.2. Global Portable Inverter Generator Market Size (US$ Mn) and Forecast, 2012-2026
   3.2.1. Global Portable Inverter Generator Market Y-o-Y Growth
   3.3. Global Portable Inverter Generator Market Dynamics
   3.4. Supply Chain
   3.5. Cost Structure
   3.6. Pricing Analysis
   3.7. Service Provider List
   3.8. PESTLE Analysis
   3.9. Key Participants Market Presence (Intensity Map) By Region
4. Global Portable Inverter Generator Market Analysis and Forecast 2012-2026 
   4.1. Global Portable Inverter Generator Market Size and Forecast By Fuel, 2012-2026
   4.1.1. Gasoline Market Size and Forecast, 2012-2026
   4.1.1.1. Revenue (US$ Mn) Comparison, By Region
   4.1.1.2. Market Share Comparison, By Region
   4.1.1.3. Y-o-Y growth Comparison, By Region
   4.1.2. Diesel Market Size and Forecast, 2012-2026
   4.1.2.1. Revenue (US$ Mn) Comparison, By Region
   4.1.2.2. Market Share Comparison, By Region
   4.1.2.3. Y-o-Y growth Comparison, By Region

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