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Diesel Fired Portable Inverter Generator Market Analysis

  • Report ID: GMI10919
  • Published Date: Aug 2024
  • Report Format: PDF

Diesel Fired Portable Inverter Generator Market Analysis

The 1 kVA - 2 kVA rated diesel fired portable inverter generator industry size will account for over USD 30 million by 2032. These rating units are set for significant growth on account of stringent noise regulations and environmental concern. Ongoing incorporation of easy-start mechanisms, ergonomic designs, and digital displays coupled with their ability to provide effective power supply will propel the industry outlook. Additionally, these gensets offer lightweight and compact design ideal for various range of applications comprising of recreational activities, remote work sites, off grid areas & small business operations will proliferate the product adoption.
 

Diesel Fired Portable Inverter Generator Market Revenue Share, By Application, 2023

The residential diesel fired portable inverter generator market size will observe growth of over 3.5% through 2032. Growing urbanization growth and frequent power surges owing to severe weather events and grid instability along with rising population growth will foster industry growth. The homeowners are increasingly opting for these gensets owing to their longer run times compared to gasoline alternatives. Increasing disposable incomes allow homeowners to invest in high-quality power solutions, further encouraging the business potential worldwide.
 

North America Diesel Fired Portable Inverter Generator Market Size, 2022 - 2032 (USD Million)

The North America diesel fired portable inverter generator market is set to exceed USD 25 million by 2032, driven by rising extreme weather conditions and increasing demand for reliable power solutions. Surging off-grid living, RV travel, and outdoor recreational activities in the region has fueled the demand for these units. Furthermore, the proliferation of smart home systems and sensitive electronic devices coupled with ongoing awareness among consumers about the importance of having a reliable backup power source will drive the industry dynamics.
 

U.S. diesel fired portable inverter generator industry is observing significant growth on account of rising awareness of emergency preparedness and focus on environmental compliance. Paradigm swift and expansion of residential establishment coupled with the integration of advanced features including digital displays and easy-start mechanisms will boost product adoption. Moreover, there is growing demand for portable units in commercial and industrial applications comprising of construction sites, event venues, and remote job sites, which in turn will positively impact business growth.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of diesel-fired portable inverter generator was worth over USD 52.3 million in 2023 and will record a CAGR of 3.8% through 2032, due to the rising demand for reliable power systems, growing outdoor activity trends, and advancements in technology and generator efficiency.

The 1 kVA - 2 kVA segment will surpass USD 30 million by 2032, fuelled by growing noise regulations and environmental concerns, along with the adoption of user-friendly features and versatile applications.

North America diesel fired portable inverter generator market will exceed USD 25 million by 2032, driven by extreme weather conditions and increasing demand for reliable power solutions.

Atlas Copco, Cummins, Inc., Generac Power Systems, Inc., HIMOINSA, Honda Power Products Indonesia, Hyundai Power Products, KOHLER, Powerac, TAIZHOU POWERWORK Industrial Co., Ltd., WINCO, Yamaha Motor Co., Ltd., and YANMAR Holdings Co., Ltd.

Diesel Fired Portable Inverter Generator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 40
  • Countries covered: 33
  • Pages: 100
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