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.
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.


According to this study, over the next five years the Portable Inverter Generator market will register a 10.2% CAGR in terms of revenue, the global market size will reach US$ 2550 million by 2024, from US$ 1570 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Portable Inverter Generator business, shared in Chapter 3.

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.

This study considers the Portable Inverter Generator value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Under 1000 Watt
1000-2000 Watt
2000-3000 Watt
3000-4000 Watt
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Outdoor Sports
Home Use
Outdoor & Construction
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Honda
Yamaha
Generac
Champion
Hyundai
Powermate
Westinghouse
Kipor
Briggs&Stratton
Lifan

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Portable Inverter Generator consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Portable Inverter Generator market by identifying its various subsegments.
Focuses on the key global Portable Inverter Generator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Portable Inverter Generator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Portable Inverter Generator submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.