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Construction Portable Inverter Generator Market Analysis

  • Report ID: GMI11136
  • Published Date: Aug 2024
  • Report Format: PDF

Construction Portable Inverter Generator Market Analysis

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.
 

Construction Portable Inverter Generator Market Revenue Share, By Power Source, 2023

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 Size, 2022 - 2032 (USD Million)

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.
 

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of construction portable inverter generator was worth over USD 588.2 million in 2023 and is anticipated to record a 5.1% CAGR between 2024 and 2032, driven by the growing awareness of the efficient power solution combined with rising construction projects.

The 1 kVA - 2 kVA rated construction portable inverter generator market size will exceed USD 350 million by 2032, owing to their lightweight and portable design making them easy to transport between job sites.

Europe construction portable inverter generator industry is set to surpass USD 400 million by 2032, due to their efficiency and lower emissions compared to traditional generators.

A-iPower Corp, Atlas Copco, Briggs & Stratton, Caterpillar, Champion Power Equipment, and Cummins, Inc., among others.

Construction Portable Inverter Generator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 40
  • Countries covered: 35
  • Pages: 125
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