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Construction Portable Inverter Generator Market Trends

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

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Construction Portable Inverter Generator Market Trends

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.

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.