Business

Portable Inverter Generator Market is expected to expand robustly at a CAGR of 9.9% by the end of 2026

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.

 

For More Valuable Information on Market Dynamics, Request a Sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=372

 

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.

 

Portable Inverter Generator Market
Portable Inverter Generator Market

 

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.

 

Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=372

 

Market Taxonomy

Region

Fuel Power

North America

Gasoline

under 1000 watt

Latin America

Diesel

1000-2000 watt

Europe

2000-3000 watt

Japan

3000-4000 watt

APEJ

above 4000 watt

MEA

 

For More Insights – http://www.globenewswire.com/en/news-release/2018/01/08/1284821/0/en/5-Key-Insights-on-How-Global-Market-for-Portable-Invertor-Generators-will-expand-during-2017-2026-Fact-MR-Study.html

 

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.

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.

 

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/372/S

 

Explore Fact.MR’s lucid coverage of the industrial goods landscape

Press Break Market– The press break market study analyses the key trends, innovations, regulatory policies, and key strategies adopted by leading players in this market scenario.

Photoinitiator Market– The study analyses the photoinitiator market and discusses key growth opportunities in USD million across 30+ countries in six regions.

Cleanroom Equipment Market– With strong growth through 2028, clean room equipment manufacturers are eying substantial growth in this market.

 

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Leave a Reply

Your email address will not be published. Required fields are marked *