Portable Inverter Generator Market : Leading Players Analysis Report 2024
The Global Portable Inverter Generator Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
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.
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.
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The key manufacturers covered in this report:
- Honda
- Yamaha
- Generac
- Champion
- Hyundai
- Powermate
- Westinghouse
- Kipor
- Briggs&Stratton
- Lifan
Segmentation by product type:
- Under 1000 Watt
- 1000-2000 Watt
- 2000-3000 Watt
- 3000-4000 Watt
- Others
Segmentation by application:
- Outdoor Sports
- Home Use
- Outdoor & Construction
- Others
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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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.
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