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Global Portable Inverter Generators Market to reach USD xxx billion by the end of 2030.

Global Portable Inverter Generators Market Size study & Forecast, by End-user (Residential, Commercial, Industrial), by Application (Emergency, Prime/Continuous, Mining, Construction, Painting), by Power (Below 5 kW, 5-10 kW, 10-20 kW) and Regional Analysis, 2023-2030

Product Code: EPPGS-37631006
Publish Date: 20-12-2023
Page: 200

Global Portable Inverter Generators Market is valued at approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. Portable inverter generators are compact and lightweight power generators that use advanced inverter technology to produce high-quality and stable electricity. Inverter generators differ from traditional generators in the way they generate electrical power. These generators use advanced electronics to convert the raw power produced by the generator into a clean and stable power supply. This makes them suitable for powering sensitive electronics like laptops, smartphones, and other devices that require a stable power source. The growing need for convenient power solutions has resulted in the widespread acceptance of devices capable of generating electricity based on individual requirements. Sales of gasoline portable inverter generators are anticipated to witness a significant boost in the projected timeframe. Also, developed nations are grappling with a surge in power mismanagement, while developing countries are facing hurdles in their electricity distribution networks. These factors have led to an imbalanced global power distribution system, fueling the demand for portable inverter generators. The desire for a dependable power supply is on the rise as consumers seek alternative sources of electricity backup during power failure.

The construction industry greatly influences the market growth of portable inverter generators. These generators provide a convenient source of electricity in areas with limited or no grid connections, powering essential tools, equipment, and lighting to enhance productivity on construction sites. According to Statista, the global construction industry is anticipated to witness a consistent growth in revenue in the coming years, with projections more than double its size by 2030 compared to 2020. In 2020, the construction market reached a value of USD 6.4 trillion, and it is estimated to surge to USD 14.4 trillion by 2030. Additionally, growing awareness of sustainability and the increasing need for power in defense operations are expected to create significant opportunities for the market. However, the high cost of portable inverter generators stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Portable Inverter Generators Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to infrastructure growth, rising power demand, expanding manufacturing facilities, and increased commercial office spaces, the country experiences a higher demand for portable generators. The Indian government has allocated INR 3 trillion (USD 35.98 billion) for the MUDRA scheme, which provides micro-units with access to INR 10 lakhs and an additional INR 3,794 crore (455.09 million) for MSMEs. The funds are intended for credit, capital support, interest subsidies, and the promotion of innovative initiatives. North America is expected to grow significantly over the forecast period, owing to the rise in severe weather-related disasters causing prolonged power outages driving the adoption of these products. Increased investments in backup power solutions and rising consumer awareness contribute to the favorable industry prospects.

Major market player included in this report are:
Atlas Copco AB
Himoinsa
Briggs & Stratton Corporation
Cummins Inc.
Eaton Corporation
Caterpillar Inc.
Siemens AG
Wacker Neuson SE
Generac Holdings Inc.
Kohler Co.

Recent Developments in the Market:
Ø In January 2022, Honda unveiled its plans to start selling its new EU32i portable generator. It has a newly created dedicated engine with a maximum output of 3.2kVA. The business also disclosed that sales start in the European region in March 2022 and then spread to other regions worldwide.

Ø In June 2021, Generac Holdings Inc. has acquired Deep Sea Electronics Limited, a company renowned for its innovation in controls for generators, automated transfer switches, battery charging, and various applications in off-road vehicles. Deep Sea Electronics boasts a diverse range of controller devices catering to a variety of functionalities.

Global Portable Inverter Generators Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – End User, Application, Power, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End User:
Residential
Commercial
Industrial
By Application:
Emergency
Prime/Continuous
Mining
Construction
Painting
By Power:
Below 5 kW
5-10 kW
10-20 kW
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Portable Inverter Generators Market, by Region, 2020-2030 (USD Billion)
1.2.2. Portable Inverter Generators Market, by End User, 2020-2030 (USD Billion)
1.2.3. Portable Inverter Generators Market, by Application, 2020-2030 (USD Billion)
1.2.4. Portable Inverter Generators Market, by Power, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Portable Inverter Generators Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Portable Inverter Generators Market Dynamics
3.1. Portable Inverter Generators Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing Construction industry
3.1.1.2. Growing need for convenient power solutions
3.1.2. Market Challenges
3.1.2.1. High Cost of Portable Inverter Generators
3.1.2.2. Shortage of fuel
3.1.3. Market Opportunities
3.1.3.1. Growing awareness of sustainability
3.1.3.2. Increasing need for power in defense operations
Chapter 4. Global Portable Inverter Generators Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Portable Inverter Generators Market, by End User
5.1. Market Snapshot
5.2. Global Portable Inverter Generators Market by End User, Performance – Potential Analysis
5.3. Global Portable Inverter Generators Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
5.4. Portable Inverter Generators Market, Sub Segment Analysis
5.4.1. Residential
5.4.2. Commercial
5.4.3. Industrial
Chapter 6. Global Portable Inverter Generators Market, by Application
6.1. Market Snapshot
6.2. Global Portable Inverter Generators Market by Application, Performance – Potential Analysis
6.3. Global Portable Inverter Generators Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Portable Inverter Generators Market, Sub Segment Analysis
6.4.1. Emergency
6.4.2. Prime/Continuous
6.4.3. Mining
6.4.4. Construction
6.4.5. Painting
Chapter 7. Global Portable Inverter Generators Market, by Power
7.1. Market Snapshot
7.2. Global Portable Inverter Generators Market by Power, Performance – Potential Analysis
7.3. Global Portable Inverter Generators Market Estimates & Forecasts by Power 2020-2030 (USD Billion)
7.4. Portable Inverter Generators Market, Sub Segment Analysis
7.4.1. Below 5 kW
7.4.2. 5-10 kW
7.4.3. 10-20 kW
Chapter 8. Global Portable Inverter Generators Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Portable Inverter Generators Market, Regional Market Snapshot
8.4. North America Portable Inverter Generators Market
8.4.1. U.S. Portable Inverter Generators Market
8.4.1.1. End User breakdown estimates & forecasts, 2020-2030
8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
8.4.1.3. Power breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Portable Inverter Generators Market
8.5. Europe Portable Inverter Generators Market Snapshot
8.5.1. U.K. Portable Inverter Generators Market
8.5.2. Germany Portable Inverter Generators Market
8.5.3. France Portable Inverter Generators Market
8.5.4. Spain Portable Inverter Generators Market
8.5.5. Italy Portable Inverter Generators Market
8.5.6. Rest of Europe Portable Inverter Generators Market
8.6. Asia-Pacific Portable Inverter Generators Market Snapshot
8.6.1. China Portable Inverter Generators Market
8.6.2. India Portable Inverter Generators Market
8.6.3. Japan Portable Inverter Generators Market
8.6.4. Australia Portable Inverter Generators Market
8.6.5. South Korea Portable Inverter Generators Market
8.6.6. Rest of Asia Pacific Portable Inverter Generators Market
8.7. Latin America Portable Inverter Generators Market Snapshot
8.7.1. Brazil Portable Inverter Generators Market
8.7.2. Mexico Portable Inverter Generators Market
8.8. Middle East & Africa Portable Inverter Generators Market
8.8.1. Saudi Arabia Portable Inverter Generators Market
8.8.2. South Africa Portable Inverter Generators Market
8.8.3. Rest of Middle East & Africa Portable Inverter Generators Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Atlas Copco AB
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Himoinsa
9.3.3. Briggs & Stratton Corporation
9.3.4. Cummins Inc.
9.3.5. Eaton Corporation
9.3.6. Caterpillar Inc.
9.3.7. Siemens AG
9.3.8. Wacker Neuson SE
9.3.9. Generac Holdings Inc.
9.3.10. Kohler Co.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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