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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.
Scope of the Report:
The power output segment includes Under 1000 Watt, 1000-2000 Watt, 2000-3000 Watt, 3000-4000 Watt power generators. Increase in adoption of multipurpose power generation systems is anticipated to fuel the Portable Inverter Generator market growth. The 2-3kW Portable Inverter Generator segment is projected to grow at the highest CAGR, owing to increase in awareness of in-house power backup and rise in need for portable powering systems in outdoor recreational activity. The generators that deliver more than 4kW power are extensively used in industrial sector due to need for higher power supply to run machines and industrial tools, which in turn is expected to drive the Portable Inverter Generator market.
Asia-Pacific is the leading regional market, in terms of growth rate, for Portable Inverter Generator, owing to rapid industrialization in developing countries such as China, Japan, South Korea, and India. Moreover, rapid industrialization in Latin America and Gulf countries is expected to fuel the demand for Portable Inverter Generator, as these generators are utilized in various construction activities, which include cutting, drilling, lifting, and many others. Easy availability of fossil fuel in Middle East region is one of the key growth factor for Portable Inverter Generator in the region.
The worldwide market for Portable Inverter Generator is expected to grow at a CAGR of roughly 10.2% over the next five years, will reach 2550 million US$ in 2024, from 1570 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Portable Inverter Generator in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Under 1000 Watt
- 1000-2000 Watt
- 2000-3000 Watt
- 3000-4000 Watt
Market Segment by Applications, can be divided into
- Outdoor Sports
- Home Use
- Outdoor & Construction
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Portable Inverter Generator product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Portable Inverter Generator, with price, sales, revenue and global market share of Portable Inverter Generator in 2017 and 2018.
Chapter 3, the Portable Inverter Generator competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Portable Inverter Generator breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Portable Inverter Generator market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Portable Inverter Generator sales channel, distributors, customers, research findings and conclusion, appendix and data source.