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Construction Portable Inverter Generator Market was valued at USD 588.2 million in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2032. Growing awareness of the reliable and efficient power solution combined with rising constriction projects will augment the industry potential. Ongoing enhancements in technological systems in inverter gensets in association with modernization and integration of smart components will proliferate the business dynamics.
A construction portable inverter generator is designed for construction is a compact, portable power source that provides reliable electricity for construction sites and related activities. Introduction of stringent environmental and emission regulations coupled with continuous deployment of eco-friendly & noise reduction technologies will foster the business growth. Moreover, aging power outages activities and unreliable power grid supply in conjunction with growing necessity for temporary power solutions will bolster the installation of portable inverter generators.
Report Attribute | Details |
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Base Year: | 2023 |
Construction Portable Inverter Generator Market Size in 2023: | USD 588.2 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.1% |
2032 Value Projection: | USD 914.2 Million |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 125 |
Tables, Charts & Figures: | 40 |
Segments covered: | Power Rating, Power Source & Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The industry is set for robust growth owing to the rising demand for more stable and cleaner power sources. Growing need for portable, reliable power sources on construction and often occur in remote or off-grid locations in line with adoption of compact and lightweight equipment will propel the demand for portable generators. In addition, improvements in inverter technology including better fuel efficiency and lower emissions along with integration of remote monitoring, automatic voltage regulation, and smartphone connectivity, providing more control and convenience for users, thereby propelling the industry penetration.
The 1 kVA - 2 kVA rated construction portable inverter generator industry size will exceed USD 350 million by 2032, on account of their lightweight and portable design makes them easy to transport between job sites, catering to the dynamic nature of construction work. The growing number of residential, commercial, and industrial construction projects in association with expansion & development of urban or suburban areas will cater for favorable business scenarios. Furthermore, these gensets can power a range of construction tools and equipment, including lighting, small power tools, and communication devices, which in turn will strengthen the industry potential.
The gasoline portable inverter generator market size will observe a notable growth of over 4.5% through 2032, due to their utilization across small to medium-sized construction projects along with portability and ability to power a variety of tools and equipment. Continuous improvements in engine durability and reliability enhance coupled with increasing regulatory compliance for the adoption of sustainable solutions will encourage the penetration of these units. Furthermore, surging construction activities in emerging economies in line with rapid deployment of cost-effective solutions will influence the business outlook.
Europe construction portable inverter generator market is set to surpass USD 400 million by 2032, owing to their efficiency and lower emissions compared to traditional generators. Growing integration of portable units with renewable energy sources including solar panels, particularly in off-grid construction sites combined with growing concern to reduce the carbon footprint will energize the industry prospects. Moreover, the European Union’s stringent emission standards toward adoption of efficient gensets in tandem with ongoing infrastructure development, including transportation networks and urban development projects will positively sway the business growth.
U.S. construction portable inverter generator sector is experiencing robust growth driven by a combination of technological innovation, regulatory compliance, and the increasing need for sustainable and reliable power solutions. The need for mobile and versatile power solutions for construction crews working across various locations along with increasing frequency of natural disasters comprising of hurricanes and wildfires will stimulate business growth. Moreover, the continuous investment by the public and private sector toward infrastructure projects including roads, bridges, and public buildings will escalate the adoption of these units.
Briggs & Stratton Corporation is a designer, manufacturer and service provider of engine, generator sets, and power equipment. The company is divided into two primary segments: Engines and Products. Its extensive product range includes power generators, lawn and garden tools, turf care equipment, and products for job sites. These are marketed under renowned brands such as Briggs & Stratton, Snapper, Simplicity, Ferris, Branco, Billy Goat, Vanguard, Murray, Allmand, and Victa, highlighting the company's commitment to quality and innovation.
The key industry players include:
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Market, By Power Rating
Market, By Power Source
The above information has been provided for the following regions and countries: